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Banks, tech stocks lead broad Wall St. rebound

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 to scale down Cuba flights

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.

3:34pm EDT

Meat processor settles with ABC in 'pink slime' defamation case

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.

3:29pm EDT

Lawsuit over Deutsche Bank's Russia trades dismissed: U.S. judge

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.

4:09pm EDT

In EU dealings, Google could learn from an erstwhile rival

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.

3:23pm EDT

Exclusive: Halliburton in talks to buy billionaire Kaiser's equipment firm - sources

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.

Deals, Russia 6:04am EDT

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