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Wall St. edges higher after four-day rally

NEW YORK - U.S. stocks opened slightly higher on Wednesday, with buyers largely taking a pause following the biggest four-day rally for the S&P 500 since January 2013.

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Lufthansa close to deal with IBM for IT infrastructure unit

BERLIN/FRANKFURT - German airline Lufthansa is close to a deal to sell its IT infrastructure unit to IBM , including an outsourcing agreement for the services, as part of a shake-up of its technology activities, it said on Wednesday.

Big Tech winning battle with 'patent trolls'

- For two decades, companies that buy software patents to sue technology giants have been the scourge of Silicon Valley. Reviled as patent trolls, they have attacked everything from Google's online ads to Apple's iPhone features, sometimes winning hundreds of millions of dollars.

Tech, Media 8:05am EDT

U.S. regulators expand number of vehicles affected by Takata recalls

DETROIT - U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants.

8:55am EDT

ECB cools speculation over bank health checks ahead of results

MADRID/VIENNA - The European Central Bank cautioned on Wednesday against speculation over the outcome of its stress tests after a media report said at least 11 banks had failed the landmark financial health checks, driving some banking shares lower.

8:14am EDT

Pimco's banking expert expects 18 lenders to fail ECB stress test

LONDON - Fixed income investment firm Pimco's global banking specialist, Philippe Bodereau, expects 18 banks will be seen to have failed the European Central Bank's stress test of 130 regional lenders when results are published by the ECB on Sunday.

8:52am EDT

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Why the U.S. is spending $1 trillion on nukes

The Congressional Budget Office estimates the 10-year costs of maintaining and modernizing our existing arsenal at $355 billion, with another $215 billion slated for "other nuclear-related activities."