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S&P, Dow set to open slightly higher as banks get Fed boost

The S&P 500 and the Dow Jones Industrial Average were set to open slightly higher on Thursday as banks gained after the Federal Reserve cleared them in the second part of its annual stress test program.

Recent Business News

Oil prices rise to two-week high on dip in U.S. output

LONDON Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight session after a decline in weekly U.S. production eased concerns about deepening oversupply.

9:42am EDT

BHP chairman says $20 billion investment in shale was a mistake

SYDNEY BHP Billiton's Chairman Jac Nasser said on Thursday BHP's $20 billion investment in U.S. shale oil and gas six years ago was, in hindsight, a mistake.

9:41am EDT

High-tech dashboards signal big changes for auto parts suppliers

SAN FRANCISCO Peer at the instrument panel on your new car and you may find sleek digital gauges and multicolored screens. But a glimpse behind the dashboard could reveal what U.S. auto supplier Visteon Corp found: a mess. | Video

6:11am EDT

Western Digital says Toshiba's actions in chip spat harm customers

TOKYO Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba's stakeholders and customers.

2:00am EDT

Stuttgart prosecutors probe Porsche, Bosch about diesel emissions

FRANKFURT Prosecutors in Stuttgart have launched a preliminary probe against employees at German sportscar maker Porsche AG to see whether they were involved in designing engine management software to cheat emissions tests.

7:40am EDT

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