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NEW YORK (AP) — U.S. stocks rose today as big technology companies like Apple continued to rally. Investors bought stocks and sold bonds and gold after Congress agreed to a deal that will keep the government operating for the rest of the fiscal year. The Standard & Poor's 500 index picked up 4.13 points, or 0.2 percent, to 2,388.33. The Dow Jones industrial average lost 27.05 points, or 0.1 percent, to 20,913.46 as Boeing and IBM lagged. The Nasdaq composite rose 44 points.
WASHINGTON (AP) — Erasing the threat of a disruptive government shutdown, the White House and Congress endorsed a $1.1 trillion spending bill today to carry the nation through September. The terms of the agreement underscore that Democrats still have considerable clout on issues during the Trump administration.
ROCKVILLE, Md. (AP) — U.S. regulators have approved a new drug that harnesses the immune system to treat advanced bladder cancer. The Food and Drug Administration today approved Imfinzi (IM'-fin-zee) along with a companion diagnostic test for identifying which patients are most likely to benefit from it. Imfinzi, also known as durvalumab, is part of a new generation of drugs which stimulate the immune system to help fight cancer.
NEW YORK (AP) — Fox News owner 21st Century Fox and a New York investment firm are in talks to buy TV station operator Tribune Media, according to several reports. A successful bid would keep Sinclair Broadcast Group Inc., another TV station operator that is also reportedly pursuing the company, from snatching up Tribune. Blackstone, a private equity firm, is said to be putting cash toward creating a joint venture, while 21st Century Fox would contribute some TV stations, according to the reports.
SAN FRANCISCO (AP) — San Francisco and Airbnb reached a deal today that aims to prevent the short-term rental website from listing housing units that are not following city rules limiting the duration of stays and the number of nights units can be rented.The settlement resolves a lawsuit filed by Airbnb over a city law that fines the company for booking rentals not registered with the city.
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