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S&P lifted by consumer stocks, IBM weighs on Dow

The S&P 500 and the Nasdaq edged higher on Friday following positive brokerage recommendations on a bunch of consumer names, but the Dow was reined in by losses in IBM.

Recent Business News

SEC says bitcoin funds raise 'investor protection issues'

The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies.

8:16am EST

NAFTA talks seen ending happily, despite growls from Trump

BENGALURU/SAO PAULO The North American Free Trade Agreement will probably be renegotiated successfully with only marginal changes, said a large majority of economists in a Reuters poll, despite the Trump administration's saber-rattling.

8:46am EST

En route to Davos, Macron makes Versailles the place to be

PARIS French President Emmanuel Macron will host dozens of the world's most powerful business executives at the gilded Palace of Versailles to pitch France Inc before the global elite's annual gathering at Davos.

France, Davos 10:31am EST

Wall Street traders brace for meager paychecks as bonus season approaches

NEW YORK Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive.

7:56am EST

Road to ruin? Carillion collapse puts spotlight on UK outsourcing model

LONDON/BALMEDIE, Scotland In Balmedie, a village on the northeast coast of Scotland, an unfinished 12 km stretch of dual carriageway is a stark illustration of why British construction company Carillion went bust this week.

9:25am EST

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