Wall Street ends up on bull market's birthday; inflation fears ease

NEW YORK (Reuters) - To celebrate the bull market's ninth birthday on Friday, the three major U.S. stock indexes ended up more than 1 percent, with the Nasdaq hitting a record high, as February's jobs report assuaged fears of inflation and aggressive interest rate hikes.

Exclusive: GE explores divesting electrical engineering business - sources

(Reuters) - General Electric Co is exploring a sale of the electrical engineering business which it acquired for $3.2 billion in 2011, as the U.S. industrial conglomerate continues to shed unwanted assets, according to four people familiar with the matter.

Trump plans to offer Canada, Mexico 30-day tariff exemption: official

WASHINGTON (Reuters) - U.S. President Donald Trump plans to offer Canada and Mexico a 30-day exemption from planned tariffs on steel and aluminum imports, which could be extended based on progress in NAFTA talks, a White House official said on Wednesday night.The move, first reported by the Washington Post, followed comments earlier in the day by a White House spokeswoman that the impending tariffs could exclude Canada, Mexico and a clutch of other countries "based on national security."

Trump tariffs could cost as well as create U.S. steel jobs

DETROIT (Reuters) - Higher U.S. tariffs on imported steel will mean more jobs at some American steel mills but raise the risk of layoffs at others, industry executives said on Wednesday.

High-performance U.S. tech stocks drive Nasdaq to record high

SAN FRANCISCO (Reuters) - The Nasdaq blasted through a record high on Friday as traders looking to ride recent momentum piled into Microsoft, Netflix, Amazon.com and other high-performance technology names.

'Pharma Bro' Shkreli sentenced to seven years for defrauding investors

NEW YORK (Reuters) - Martin Shkreli, the former drug company executive who made headlines by jacking up the price of a lifesaving drug before he was found guilty of defrauding investors, was sentenced to 7 years and a $75,000 fine on Friday.

U.S. eases way to more tariff exemptions under pressure from allies

WASHINGTON/BRUSSELS/SHANGHAI (Reuters) - The United States opened the way for more exemptions from its steel and aluminum tariffs on Friday, after pressure from allies and intense lobbying from lawmakers, further diluting the measures just a day after they were formally announced.

Trump discussed steel, aluminum tariffs with Argentina's Macri: White House

WASHINGTON (Reuters) - U.S. President Donald Trump discussed potential U.S. tariffs on foreign aluminum and steel in a call with Argentina's president Mauricio Macri in a call on Thursday, the White House said on Friday.

Goldman CEO Blankfein prepares to exit as soon as year-end: WSJ

(Reuters) - Lloyd Blankfein could step down as Goldman Sachs Group Inc chief executive as soon as the end of the year, the Wall Street Journal reported on Friday, swiveling the focus tofierce competition between the two contenders to replace him.

Trump will not meet Kim without seeing 'concrete' steps: White House

WASHINGTON (Reuters) - U.S. President Donald Trump will not meet with North Korean leader Kim Jong-un unless he sees some "concrete" action by Pyongyang, the White House said on Friday.

Deals of the day-Mergers and acquisitions

March 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

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