Traders short selling SmileDirectClub had a lot to smile about on Wednesday, earning paper profits of over $115 million as the online dental company's stock plummeted 26% following a disappointing quarterly report.
Apple Inc's shareholders on Wednesday defeated a proposal critical of its removal of apps at the request of the Chinese government, but the proposal drew a much higher proportion of votes than similar proposals in previous years which had gained support only in single-digit percentages.
Oil prices fell to their lowest in more than a year on Wednesday after hundreds of new coronavirus cases reported in Europe and the Middle East stoked fears that energy demand would decline, and on concerns that the virus could spread across the United States.
Self-driving car companies in California covered nearly 2.9 million miles on public roads during 2019, the state's Department of Motor Vehicles said on Wednesday.
Walmart , the world's largest retailer, is in talks with possible buyers of a stake in its British supermarket Asda, which it failed to combine with Sainsbury's last year.
Lloyds Banking Group and Virgin Money pressed ahead with hundreds of job cuts in the face of union opposition, as British banks try to keep up with customers moving online.
Morgan Stanley's Deputy Chief Financial Officer Paul Wirth will retire after 15 years with the bank, according to a memo sent to employees seen by Reuters on Wednesday.
President Trump may be livid about this week's market sell-off, but the rally in U.S. equities since his election is still well intact.
U.S. Senator Marco Rubio on Wednesday asked the Trump administration to review the national security implications of AT&T's Inc's planned sale of its majority stake in Central European Media Group Enterprises (CME) to the Czech-owned conglomerate PPF Group.
Microsoft Inc said on Wednesday it does not expect to meet the third-quarter revenue forecast for its 'more personal computing' business, as a result of the coronavirus outbreak.
The S&P 500 fell for a fifth straight day in a volatile session as investors reacted to the latest headlines regarding the spread of coronavirus and sought to gauge the economic fallout.
Scott Minerd said on "Closing Bell" the effects of the virus would soon begin to appear in corporate earnings and the global supply chain.
Alphabet Inc's Waymo and General Motors Co's Cruise are leading a backlash against a California reporting requirement on self-driving vehicle test data that the companies claim is not relevant or accurate in measuring performance or progress.
Microsoft Inc said on Wednesday it does not expect to meet the third-quarter revenue forecast for its 'more personal computing' business, as a result of the coronavirus outbreak, sending its shares down more than 1% in after-market trading.
The S&P 500 fell for a fifth straight day on Wednesday and while its decline was slower than the last few days, the session was volatile as investors reacted to headlines about coronavirus and sought to gauge its economic fallout.