ELENI GIOKOS, CNN BUSINESS NOW: I'm Eleni Giokos, these are the top business headlines. European Union and Turkish officials have reached an agreement on how to deal with a flood of Syrian refugee. The E.U. says that from Sunday, all unauthorized migrants who reached Greece from Turkey will be sent back there, in return the E.U. will provide more financial aide and reopen talks on letting Turkey join the European Union. Starwood Hotels says it's walking away from a $12 billion merger deal with Marriott internal after a different group of investors made a higher bid. A group led by the Chinese insurers and banks is offering almost $13 billion to Starwood which owns brands include St. Regis and W Hotels. Starwood says Marriott has five days to raise its offer. The Chinese conglomerate Wanda Group has singed up as a FIFA sponsor, it's the first Chinese company to become a partner with football's world governing body. It will have rights to all FIFA competitions through the World Cup in 2030. On Wall Street, U.S. stock continue a winning streak. The Dow posted its second straight day of triple digit gains to hit a new high point for the year. It's been up everyday this week, finishing the week more than 2 percent higher. Those are the top business headlines. I'm Eleni Giokos in New York.
European Union and Turkish Officials Reached an Agreement