U.S. economy stalls in first quarter as activity weakens broadly
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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
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Halliburton (HAL), Baker Hughes (BHI) Said to Plan Calling Off $28B Merger Agreement
May 1, 2016 5:29 PM EDTHalliburton (NYSE: HAL) and Baker Hughes (NYSE: BHI) may call off their merger agreement, which was valued at about $28 billion.
Bloomberg said on Sunday that the breakdown comes as antitrust pressure from... More
