The S&P 500 on Wednesday was on pace for its biggest one-day percentage gain in about two months as financial and tech stocks led a broad market rebound.
Recent Business News
Southwest Airlines Co said it would reduce the number of flights to Cuba, joining other U.S. airlines, as President Donald Trump's Cuba policy continues to restrict Americans traveling to the country.
Beef Products Inc has settled its closely watched defamation lawsuit against the ABC television network over news reports on its processed beef product that critics dubbed "pink slime," both companies said on Wednesday.
NEW YORK A federal judge has dismissed a lawsuit accusing Deutsche Bank AG of concealing major deficiencies in its anti-money laundering controls, even as it allowed "mirror trades" to launder money out of Russia as part of a $10 billion trading scheme.
BRUSSELS (BRUSSELS) - Google's clash with EU antitrust enforcers has echoes of Microsoft's decade-long regulatory battle, a legacy that parent company Alphabet should bear in mind as it considers challenging the Commission, lawyers and fund managers said.
HOUSTON Halliburton Co is in late-stage talks to acquire a fast-growing U.S. oilfield equipment supplier backed by Oklahoma energy and banking billionaire George Kaiser, according to sources familiar with the matter.