AP Top Business News At 1:29 p.m. EDT
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NEW YORK (AP) -- Oil prices pulled back sharply Wednesday after the government released data suggesting that the high price of oil and gasoline are depressing demand for petroleum products....
Read Oil Falls on Weak Demand Report (Links)
Read BNP Paribas Not Interested in SocGen (Links)
NEW YORK (AP) -- Stocks pulled back Wednesday as investors paused a day after the market's huge rally and digested better-than-expected results at Morgan Stanley that eased concerns about the investment banking sector. The Dow Jones industrials fell about 60 points....
Read Stocks Decline After Huge Rally (Links)
WASHINGTON (AP) -- U.S. health officials have identified a contaminant in batches of the blood thinner heparin associated with 19 deaths and are trying to determine how the chemical got into the drug....
Read Contaminant Found in Heparin Identified (Links)
ATLANTA (AP) -- Delta Air Lines Inc.'s pilots union rejected Wednesday the idea of submitting to arbitration with their counterparts at Northwest Airlines Corp. to break their impasse over integrating seniority lists as part of a possible combination of the carriers....
Read Delta Pilots Reject Arbitration Overture (Links)
Read Former Brocade HR Chief Sentenced (Links)
WASHINGTON (AP) -- The government on Wednesday relaxed capital requirements at Fannie Mae and Freddie Mac as part of a plan to quickly inject an additional $200 billion of financing for home loans....
Read Gov't Eases Fannie, Freddie Restraints (Links)
Read General Mills Profit Jumps on Sales Rise (Links)
SAN FRANCISCO (AP) -- Visa Inc. shares soared more than 30 percent in their stock market debut Wednesday as investors latched on to the largest initial public offering in U.S. history....
Read Visa Shares Soar More Than 30 Percent (Links)
Read Morgan Stanley 1Q Profit Tops Estimates (Links)
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