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S&P 500 posts biggest daily drop in three months

NEW YORK U.S. stocks sold off on Thursday, pushing the S&P 500 to its lowest in a month, as escalating worries about the Trump administration's ability to push through its agenda rattled investors.

Recent Business News

Wisconsin debates billions in incentives for Foxconn plant

The Wisconsin State Assembly on Thursday opened debate on a $3 billion incentive package for a proposed liquid-crystal display plant by Taiwan's Foxconn, a deal that caused a stir when it was announced by President Donald Trump last month.

Applied Materials beats profit estimates, shares rise

Applied Materials Inc , the world's largest supplier of tools used to make semiconductors, reported a better-than-expected quarterly profit helped by strong growth in its semiconductor business.

4:28pm EDT

YouTube TV expands to 14 new markets, partners with Sinclair stations

Alphabet Inc's Google has expanded its YouTube TV streaming service into 14 new U.S. markets to reach half of American households, with an additional 17 markets to launch in the next few weeks, the company said on Thursday.

4:21pm EDT

Ackman's Pershing Square says ADP needs to streamline, modernize

BOSTON/NEW YORK Billionaire activist investor William Ackman on Thursday said Automatic Data Processing Inc's stock price could double in the next five years if the human resources outsourcing company cuts costs, streamlines its business and invests in technology upgrades.

3:48pm EDT

Airline investor Woehrl interested in Air Berlin

FRANKFURT Airline entrepreneur Hans Rudolf Woehrl is interested in insolvent Air Berlin , a spokeswoman for his company INTRO-Verwaltungs GmbH told Reuters, responding to a media report saying he was planning a bid.

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Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 

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