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Wall Street edges lower, energy stocks fall

NEW YORK The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the day while investors waited for more earnings reports.

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Puerto Rico oversight board loses bid to extend claims filing deadline

A U.S. judge on Wednesday denied a request by Puerto Rico's federally created financial oversight board to extend a looming deadline to file claims, the latest hurdle for its plan to recoup billions of dollars paid to bondholders of potentially invalid debt issued by the island's government. Judge Laura Taylor Swain, who is hearing Puerto Rico's bankruptcy cases, declined to extend a two-year statute of limitations that runs out on May 2, saying it was "not somethi

Tesla reports first-quarter losses, more to come

Tesla Inc on Wednesday reported a $700 million loss for the first quarter and said it would also lose money in the second as it struggled to deliver cars to customers and launched a cheaper version of its Model 3 sedan.

EMERGING MARKETS-Latam markets weaker, Brazil plagued by pension reform worries

Brazil's currency and stocks fell on Wednesday as potential hurdles for pension reforms weighed, while other Latin American stocks tracked world equities lower. Currencies succumbed to a stronger dollar. MSCI's index of Latin American shares fell 0.9 percent, while its index of regional currencies slipped 0.4 percent, both having touched their lowest since late March as stocks and currencies across Latam were

Occidental CEO Vicki Hollub makes bold bid for rival shale producer

With a $38 billion bid on Wednesday for rival oil producer Anadarko Petroleum Corp, Occidental Petroleum Corp CEO Vicki Hollub has again grabbed the spotlight, as the oil and gas industry trailblazer squares off against Chevron Corp, a company four times Occidental's size.

BOJ to paint bleak inflation outlook, keep policy steady

The Bank of Japan is expected to keep monetary policy steady on Thursday and predict that inflation will fall short of its 2 percent target for three more years, signalling that its massive stimulus will stay in place for the foreseeable future.

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