Shares of Walt Disney Co fell 2% on Wednesday after the media giant's surprise move to replace top boss Bob Iger raised questions on Wall Street if his successor Bob Chapek had sufficient experience in the entertainment business.
BP will leave the main U.S. refining lobby and two other trade groups as new CEO Bernard Looney spurs some of the oil sector's most ambitious targets for curbing carbon emissions.
The jury in the London trial of three former Barclays bankers accused of funneling secret fees to Qatar in return for emergency funding during the financial crisis in 2008, retired to consider its verdict on Wednesday.
U.S. crude dropped below $50 on Wednesday to its lowest since January 2019, as Asia, Europe and oil-producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
BlackRock Inc's vice chairman and co-founder, Barbara Novick, will step down from her day-to-day duties at the asset manager, according to an internal memo seen by Reuters.
Swedish home appliance maker Electrolux said on Wednesday it had decided on ban travel by its employees to and from Italy, where it has manufacturing facilities in some regions affected by the coronavirus outbreak.
Wall Street's main indexes opened higher on Wednesday after suffering their worst four-day percentage fall in more than a year on fears of the economic damage from the global spread of the coronavirus.
"I think you've got to start buying something," CNBC's Jim Cramer said.
Alphabet Inc's Google said on Wednesday it would invest more than $10 billion in offices and data centers across the United States this year.
Mikaila Ulmer has been running a business since she was four-years-old. Her dreams are bigger than a lemonade stand as she hopes to provide funding to an undeserved demographic
Peugeot maker PSA Group said on Wednesday profitability reached a record high in 2019, results that contrasted with those of many rivals and boosted the group's shares as it beds down a merger with Italy's Fiat Chrysler.
How far are you willing to go to claim that aggressive tax break? Pushy taxpayers seeking obscure deductions are sometimes willing to spend years debating the matter in Tax Court.
World stocks tumbled for the fifth straight day on Wednesday, while safe-haven gold rose back towards seven-year highs after health authorities warned of a possible coronavirus pandemic and markets stepped up bets on interest rate cuts.
It is too early for the European Central Bank to assess whether it needs to respond to the coronavirus epidemic with policy, even if the epidemic presents a risk to growth, Irish central bank chief Gabriel Makhlouf said on Wednesday.
In the face of a global health emergency, some university study abroad programs are sending students home immediately. Others are staying open — for now.