The House has passed a bill that could permanently lower North Dakota's oil and gas tax rate and eliminate any further tax cuts that are pegged to the price of oil.
Emerging-market stocks rose for the first time in three days as telecommunications companies rallied and a gauge of Chinese shares in Hong Kong rebounded from its steepest loss in three months.
New York - Wall Street ended sharply higher on Monday after China moved to stimulate its slowing economy while investors bought up technology stocks on cautious optimism on upcoming earnings reports.
Raytheon Co. is buying computer security software company Websense from Vista Equity Partners in a $1.9 billion deal to expand the Waltham-based defense contractor's cybersecurity reach.
... * Quarterly operating profit up 15 pct at 1.06 bln euros. * Excluding currency effect, operating profit drops 2 pct. * Reiterates 2015 operating profit of 5.6-5.9 bln euros.