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Wall Street ends higher despite government shutdown threat

NEW YORK Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed. | Video

Recent Business News

Judge overseeing AT&T, Time Warner merger trial hears document dispute

WASHINGTON AT&T, owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner, their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday.

Jan 19 2018

Venezuela's woes poised to hit U.S. oilfield service firms' earnings

HOUSTON U.S. oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation's ongoing economic turmoil and U.S. sanctions on the country and state-run oil company PDVSA.

Jan 19 2018

Parent company of 7-Eleven agrees to divest some U.S. stores in Sunoco deal

WASHINGTON Seven & i Holdings Co Ltd , the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some of its stores in its proposed $3.3 billion acquisition of 1,100 Sunoco LP outlets, the U.S. Federal Trade Commission said Friday.

Jan 19 2018

Deutsche Telekom expects steady dividend hikes: paper

FRANKFURT Deutsche Telekom will keep to its promise of hiking dividends in 2018 and the years thereafter, its Chief Financial Officer Thomas Dannenfeldt told German daily Boersen-Zeitung.

10:19am EST

China's Dalian Wanda Group says 2017 revenue down 10.8 percent

HONG KONG Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.

6:26am EST


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