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S&P 500 down for fifth day as Apple, bank stocks fall

U.S. stocks fell on Wednesday, with the S&P 500 dropping for the fifth session in a row, as Apple Inc continued to lead a retreat in technology stocks and financials were hit by fears that sector-wide regulations would no longer be eased.

U.S. Postal Service loss triples, even as package deliveries rise

The U.S. Postal Service lost almost $4 billion in 2018 even as package deliveries rose, according to results released on Wednesday, giving U.S. President Donald Trump potential ammunition against Amazon.com Inc , which he claims pays too little for the agency's services.

BMW, Vodafone, Ericsson urge EU to consider 5G car standard

BMW, Vodafone and Ericsson made a last-ditch effort on Wednesday to persuade the European Commission to open the way for the use of 5G technology in cars, concerned about the EU executive's preference for a wifi-based technology being pursued by their rivals.


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