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Staples has received European approval for its buyout of Office Depot and in exchange, said Wednesday that it would split off some of its businesses in Europe to allay monopoly fears.
Japanese automaker Nissan reported Wednesday a 25 percent increase in fiscal third-quarter profit to 127.2 billion yen ($1.1 billion) on strong sales.
Federal workplace safety officials are investigating a fatal accident at a Green Bay trucking company.
European stocks rose Wednesday and Wall Street was expected to open higher ahead of testimony from the Federal Reserve chief that could either ease market turmoil or add to it. Asian markets mostly fell in a spillover sell-off from the previous day's losses.
U.S. Treasury has a May 7 deadline to accept, reject or tweak the proposal for cuts.