Nio Inc, one of China’s high-profile electric car startups, disclosed a fresh money-raising push this week, saying it had issued $200 million worth of bonds and was accelerating cost-cutting programs to slow cash burn as the company seeks to attract more investors in a slumping market.
U.S. President Donald Trump warned on Wednesday that an impeachment inquiry against him could derail congressional approval of a North America trade pact, dragging down Mexico's peso and stock market as investors fled riskier assets.
Boeing Co has settled the first claims stemming from the crash of a Lion Air 737 MAX in Indonesia, a U.S. plaintiffs' lawyer said, and three other sources said that families of those killed will receive at least $1.2 million apiece.
Elliott Management Corp on Wednesday urged Marathon Petroleum Corp to split into three companies, saying it would boost shareholder value by as much as $40 billion, three years after it asked the refiner to consider spinning off businesses.
The owner of Tinder and OkCupid is being sued by U.S. regulator for seeking to draw in potential subscribers with emails from fake users expressing interest in pairing up.
The S&P 500 notched its biggest daily gain in two weeks on Wednesday as investors looked past Democrats' attempt to impeach President Donald Trump, while Nike shares jumped on upbeat quarterly results.
Saudi Arabia is in consultation "with friends and allies about the next steps to take" after a Sept. 14 attack on its oil facilities, but is waiting for the findings of an investigation, Saudi Arabia's Minister of State for Foreign Affairs Adel al-Jubeir told reporters on Wednesday.
The dollar rose and stocks on Wall Street lifted a gauge of global equities on Wednesday on robust U.S. housing data and the notion a strong economy would overcome any investor skittishness over a possible impeachment of President Donald Trump.
Juul Labs Inc has become one the biggest bets in the portfolio of Fidelity’s $28 billion Blue Chip Growth Fund, whose exposure to the troubled e-cigarette maker has climbed to $761 million amid a regulatory backlash and departure of its top executive.
Amazon.com Inc on Wednesday said actor Samuel L. Jackson and other celebrities will voice speech for the company's virtual assistant Alexa, while the voice aid will also be built into a new wearable line of earbuds, eyeglasses and a ring.
U.S. energy major Chevron Corp has decided to continue negotiations with Thailand rather than seek arbitration to resolve a dispute over who should pay the bill for removing offshore oil and gas platforms, the company told Reuters on Wednesday.
Several deaths and potentially hundreds of illnesses tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without smoking, have been reported by U.S. health agency. Lawsuits on behalf of young consumers have been filed against e-cigarette maker Juul Labs Inc and others are expected amid increasing scrutiny.
The following are some significant events in the history of Juul.
The chief executive of e-cigarette maker Juul stepped down on Wednesday as merger talks between its biggest investor Altria and Philip Morris collapsed in the face of a regulatory backlash against vaping that could reshape the industry.
Boeing Co is expected to testify at an upcoming U.S. Senate Commerce Committee hearing on aviation safety, a spokeswoman for the panel said Wednesday.