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Wall Street slips from record levels on weak oil prices

U.S. stocks slipped from their record levels on Monday as oil weighed on energy shares and as investors awaited this week's Federal Reserve monetary policy meeting.

Recent Business News

Fiat Chrysler review shows U.S. sales figures were inflated: report

DETROIT An internal review begun at Fiat Chrysler Automobiles in 2015 found its U.S. sales figures were inflated, partly due to pressure to keep a year-over-year monthly sales streak alive, the Automotive News reported on Monday, citing two sources at the automaker.

9:59am EDT

Sprint revenue beats estimates as discounts attract subscribers

Sprint Corp reported better-than-expected first-quarter revenue on Monday as big discounts helped it attract more postpaid subscribers, and the No. 4 U.S. wireless carrier said it had enough money to fund its business this year.

10:22am EDT

G20 will use 'all policy tools' to lift growth as Brexit weighs

CHENGDU, China The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.

Jul 24 2016

SunEdison unit TerraForm Power adopts poison pill

SunEdison Inc's unit TerraForm Power Inc said it had adopted a shareholders rights plan to prevent any sale of a significant number of Class A shares in the company.

7:37am EDT

China Vanke tussle is big test for new securities regulator

HONG KONG A bitter shareholder row at China's largest property developer is a first big test for the country's new securities chief, appointed earlier this year to heal the wounds of last year's stock market meltdown and restore investor confidence.

6:38am EDT


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