General Electric Co.'s slimmed down financing arm shed its "too big to fail" designation on Wednesday, no longer deemed by the U.S. government "systemically important" and so liable to wreck the economy in the event it runs into distress.
Bank of America's headquarters in Charlotte, North Carolina.
Consumer spending climbed in May, suggesting a key pillar of the U.S. economy has bounced back after a lackluster start to the year.
Oil rose more on Wednesday as traders moved money back into markets hit by the initial shock of Britain's vote to leave the European Union, while a potential oil workers strike in Norway and a crisis in Venezuela's oil sector also provided support.
Wal-Mart Stores Inc said it launched a free 30-day trial of ShippingPass, its two-day shipping program to all shoppers in the United States, as the world's largest retailer looks to take on Amazon.com Inc's Prime subscription service.
Comcast is gaining customers even as the talk of cord-cutting grows.
Seed company Monsanto Co, which rejected a $62 billion takeover offer from Germany's Bayer AG last month, reported a 8.5 percent fall in quarterly sales as demand declined due to low commodity prices.
When SolarCity Corp burst onto the scene and started posting growth rates in excess of 100%, it was selling a solar product investors bought into as a "cool" consumer energy product.
It's fair to say famed self-made billionaire investor Warren Buffett knows a thing or two about picking stocks.
With electric-car maker Tesla Motors ' second quarter coming to a close at the end of June, investors will soon get an update on the automaker's vehicle deliveries.
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