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NEW YORK (AP) — The major stock indexes aren't moving much in early trading on Wall Street. Energy companies are gaining as the price of oil rises, while health care stocks trade lower. Retailers Gap, Abercrombie & Fitch and Williams-Sonoma are dropping after they gave weak quarterly reports, while discount retailer Ross Stores is climbing.
DETROIT (AP) — Fiat Chrysler is recalling nearly 89,000 cars and SUVs to fix possible fuel leaks or problems with windshield wipers. The most serious recall covers nearly 35,000 Dodge Durango and Jeep Grand Cherokee SUVs worldwide from the 2016 model year. All have 3.6-liter V6 engines. A fuel tube may have been damaged in manufacturing, and that could cause a gas leak and fire. The other recall covers more than 54,000 Dodge Dart compacts from the 2016 model year in North America. Electrical voltage spikes caused by a windshield washer pump can cause short circuits.
PHILADELPHIA (AP) — A tentative contract that put an end to a weeklong transit workers strike in Philadelphia is to be voted on by workers amid concerns that an opposing faction within the union could derail the agreement. Members of Transport Workers Union Local 234 will vote on the ratification at 30 polling places around the city this evening. Union president Willie Brown says he believes it's going to be a close vote.
BOSTON (AP) — Daily fantasy sports rivals DraftKings and FanDuel have agreed to merge after months of speculation and increasing regulatory scrutiny. The two companies made the announcement today but didn't release financial terms. The deal requires federal approval. Industry experts say the merger will likely raise anti-trust concerns with regulators since the companies control nearly 90 percent of the market.
MARRAKECH, Morocco (AP) — More than 40 developing nations on the front lines of climate change have pledged to pursue 100 percent renewable energy. The Maldives, the Marshall Islands and other small island nations threatened by rising seas, drought-hit African countries and low-lying nations such as Bangladesh were among those who backed the declaration at the U.N. climate talks today. Many of them would require support from richer countries to switch to renewable energy.
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