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Nasdaq tops 6,000 as earnings boost Wall St; U.S. tax code eyed

NEW YORK The Nasdaq Composite hit a record high on Tuesday, while the Dow and S&P 500 brushed against recent peaks as strong earnings underscored the health of corporate America.

Recent Business News

UGG brand owner Deckers explores sale

Deckers Outdoor Corp said on Tuesday it was exploring strategic alternatives, including a sale of the company, a month after an activist investor urged the apparel and accessories maker to sell itself.

4:59pm EDT

Citi meeting protest prompts apology on pipeline finance steps

NEW YORK A brief, noisy protest by drum-beating young adults at Citigroup's annual shareholder meeting on Tuesday evolved into an orderly exchange between an older tribal woman and the bank's two top executives, who conceded it had approved investments in a North Dakota pipeline too quickly.

1:26pm EDT

U.S. Supreme Court may limit where companies can be sued

WASHINGTON The U.S. Supreme Court on Tuesday appeared poised to clamp down on where corporations can be sued, a potential setback for plaintiffs' lawyers who strive to bring cases in courts and locales they consider friendly.

3:46pm EDT

Not an inside job: How two analysts became SEC whistleblowers

WASHINGTON Four years ago, two analysts who liked to swap notes on numbers they thought looked odd took a fateful step and tipped off U.S. regulators about a company that one of them had watched for months.

8:37am EDT

Consumer confidence slips; new home sales hit eight-month high

WASHINGTON U.S. consumer confidence fell from a more than 16-year high in April, but a surge in new home sales to an eight-month high last month suggested underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter.

1:04pm EDT

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