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Wall Street lower on Trump's threat of government shutdown

U.S. stocks were lower in early afternoon trading on Wednesday after President Donald Trump warned of a government shutdown to secure funds to build the Mexico border wall, adding to nerves as the deadline to raise the U.S. debt ceiling looms.

Recent Business News

American Express to pay $96 million over discriminatory card terms

WASHINGTON American Express will end up paying $96 million to credit card customers in Puerto Rico and other U.S. territories for charging higher interest rates and engaging in other discriminatory practices, federal regulators said on Wednesday.

1:07pm EDT

True price of an Uber ride in question as investors assess firm's value

SAN FRANCISCO What is the true cost of an Uber ride? | Video

12:51pm EDT

Lowe's misses earnings estimates, forecasts slower margins growth

Lowe's Companies Inc reported lower-than-expected quarterly earnings on Wednesday and warned of slower growth in profit margins as it spends more on marketing and staffing to take advantage of a robust home improvement market. | Video

11:41am EDT

Massive California verdict expands J&J's talc battlefield

NEW YORK A massive California verdict in a lawsuit alleging Johnson & Johnson's talc-based products cause cancer has opened a new front in the litigation, upending the company's hopes that the cases were only gaining traction in Missouri, legal experts said.

7:10am EDT

Toshiba prioritizes talks with Western Digital on chip business sale: sources

TOKYO Japan's Toshiba Corp is prioritizing negotiations with Western Digital to sell its memory chip business after talks stalled with a previously preferred bidder, sources familiar with the matter said on Wednesday.

Tech, Deals, Japan 11:56am EDT

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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