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Big U.S. Banks Get Satisfactory Grades on 'Living Wills'

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The eight largest and most complex U.S. banks received satisfactory grades on their latest "living will" bailout-prevention plans, a milestone that further reduces the already-remote possibility that any of the firms would be broken up by the government.

Deals Boom in Push to Move Health Care Out of Hospitals

Health insurers, hospitals and other health-care companies are planning or contemplating deals, reflecting industry upheaval as Americans get more medical care away from hospitals.

Nebraska Refuses To Amend Keystone XL Application

The Keystone XL pipeline could face more delays after Nebraska regulators denied a request by TransCanada Corp. to refile its application for the project.

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Merrill Lynch Fined $1.4 Million Over Margin Credit, Other Violations

Merrill Lynch agreed to pay $1.4 million to settle claims that it improperly extended hundreds of millions of dollars in excess credit to customers who traded certain bonds and equities with the firm, Finra said.

FDA Blesses Blindness Treatment That Could Cost $1 Million

The Food and Drug Administration approved for sale the first therapy in the U.S. that delivers a functional gene to replace a faulty, disease-causing one.

Riders in Alphabet's Driverless Car Will Be Insured by a Startup

Waymo, the driverless-car unit of Google parent Alphabet, is turning to an insurance-technology startup to provide coverage for passengers of its coming ride-hailing service.

CSX's New CEO Climbs Aboard a Turnaround in Motion

After the death of CSX Corp.'s chief executive, all eyes are on his successor, Jim Foote, a lawyer with a long marketing resume who must now direct a major operational overhaul.

BHP Threatens Exit from Coal Lobby, Chamber of Commerce

BHP Billiton, the world's largest Western mining company, is threatening to leave the World Coal Association and U.S. Chamber of Commerce over disagreements on climate policy, the latest commodity firm to react to pressure on global warming.

Crown Holdings Buying Packaging Maker From Carlyle For $3.91 Billion

Packaging company Crown Holdings Inc. said Tuesday that it will buy Signode Industrial Group Holdings Ltd. from Carlyle Group LP in a deal worth $3.91 billion.

U.S. Businesses Find Welcome Surprises in Tax Bill

The final tax bill offers much of what large companies hoped to gain from the Republican overhaul, while late modifications dropped some provisions that most worried companies.

(END) Dow Jones Newswires

December 19, 2017 17:15 ET (22:15 GMT)