The benchmark S&P 500 remained at five-month highs on Wednesday as a rise in financial and industrial stocks due to strong earnings from marquee companies were offset by a drop in technology stocks.
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LONDON Britain's takeover regulator said on Wednesday that it would review its ruling that Walt Disney might have to acquire UK broadcaster Sky for at least 14 pounds a share.
Morgan Stanley's top executive criticized the Federal Reserve's annual health checks of the biggest U.S. lenders and predicted changes to the tests going forward after his bank reported better-than-expected quarterly earnings on Wednesday. | Video
LONDON Boeing Co is in talks with Airbus and other companies about joining its bid for a 4 billion euro ($4.7 billion) heavy-lift helicopter contract in Germany, the head of business development for Boeing's defence unit said on Wednesday.
WASHINGTON Federal Reserve Chairman Jerome Powell, questioned by members of a House congressional committee, repeated on Wednesday that rising world protectionism would over time pose a risk to a U.S. and global expansion that appears largely on track to continue.
Berkshire Hathaway Inc shares rose on Wednesday after its board gave its billionaire chairman, Warren Buffett, more freedom to conduct stock buybacks, which the conglomerate has not done since 2012.
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