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Energy, consumer shares lift S&P 500 to slight gain

The benchmark S&P 500 eked out a gain on Wednesday as strength in the energy and consumer sectors offset declines in financial shares and investors began looking ahead to first-quarter earnings season. | Video

Recent Business News

Waymo self-driving unit sought arbitration over engineer now at Uber

SAN FRANCISCO Alphabet Inc's Waymo self-driving unit sought to arbitrate claims last year against a former employee at the center of its lawsuit against Uber, court records released on Wednesday showed, in what Uber said strengthened its bid to get the case out of court and into arbitration.

6:57pm EDT

Huge nuclear cost overruns push Toshiba's Westinghouse into bankruptcy

WILMINGTON, DEL./TOKYO Westinghouse Electric Co, a unit of Japanese conglomerate Toshiba Corp , filed for bankruptcy on Wednesday, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the U.S. Southeast. | Video

4:58pm EDT

Clouds over Trump tax plan may curb appetite for U.S. stocks

NEW YORK Wall Street has tempered its expectations for sweeping U.S. tax cuts in the wake of President Donald Trump's stinging healthcare defeat, a move that could push investors to embrace cheaper global stocks after the heady U.S. rally of recent months.

4:44pm EDT

OPEC compliance with oil curbs rises in March as UAE joins cut: survey

LONDON/DUBAI OPEC oil output is likely to fall for a third straight month in March, a Reuters survey found on Wednesday, as the United Arab Emirates made progress in trimming supplies while maintenance and unrest cut production in exempt nations Nigeria and Libya.

Saudi Arabia, Africa 3:10pm EDT

Other Akzo shareholders also want talks with PPG: Elliott Advisors

AMSTERDAM Elliott Advisors, the activist investor with a 3.25 percent stake in Akzo Nobel , said on Wednesday other shareholders owning almost a quarter of the Dutch paints and chemicals group want it to enter into talks with spurned U.S. suitor PPG Industries .

1:20pm EDT

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