Uber Technologies Inc fell as much as 9% to a record low on Wednesday after shares held by early investors became available for sale following a six-month restriction since the ride-hailing company's initial public offering.
The S&P 500 and Dow Jones indexes opened near record highs on Wednesday, as a largely upbeat corporate earnings season and optimism around a U.S.-China trade truce drive a Wall Street rally.
Financial Post | Geoff Zochodne | Nov 5, 2019 Open banking is already happening in the market and regulators need to catch up A lack of action on open banking could be forcing Canadian consumers to choose between convenience and security when it comes to third-party financial service providers, according to the chief digital officer
Apple Inc on Wednesday published four new papers outlining technical details of how some of the privacy features in its most recent operating systems work.
Oil prices fell on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks and weak euro zone economic figures, after gaining for three sessions on expectations of an easing in U.S.-China trade tensions.
CVS Health Corp reported better-than-expected third-quarter profit and revenue on Wednesday, boosted by its Aetna health insurance and pharmacy benefits businesses, and it raised its 2019 earnings forecast.
U.S. stocks retreated from record highs on Wednesday, halting a rally that has been fueled by signs of progress in trade talks between Washington and Beijing and a largely upbeat corporate earnings season.
Low profitability at European banks just when they need to invest to stay competitive in the digital era risks triggering a vicious circle of underinvestment and further poor performance, said Germany's nominee to the board of the European Central Bank.
ArcelorMittal said this week it was withdrawing from a deal to buy Italy's struggling steel firm Ilva after the government scrapped previous guarantees of legal immunity during an environmental clean-up at its plant.
London Stock Exchange Group Plc said on Wednesday its shareholders would vote on Nov. 26 on whether to approve its $27 billion deal to buy data provider Refinitiv.
Coty Inc reported quarterly profit above Wall Street expectations on Wednesday, helped by increased demand for its high-margin Hugo Boss, Burberry and Gucci fragrances, sending its shares up more than 17%.
Bank of America Corp and Raymond James Financial Inc will pay roughly $12 million in restitution to customers who incurred excessive fees on investments meant to help their children afford college, a U.S. regulator said on Wednesday.
Chicago Fed President Charles Evans said on Wednesday he will be closely watching inflation in determining the future path of interest rates.
The U.S. economy is in a good place but the path of inflation will be important in deciding the future path of interest rates, Chicago Federal Reserve President Charles Evans said on Wednesday.
Boeing Co chief executive Dennis Muilenburg said Wednesday he will forgo "tens of millions of dollars" in compensation after asking board to waive bonuses on Saturday.