The Dow Jones Industrial Average and the S&P 500 posted record closing highs on Wednesday helped by a big jump in Walt Disney shares, but the Nasdaq fell as stocks were kept in check by fresh uncertainty over U.S.-China trade relations.
Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below estimates as the network gear maker struggles to shift to a software-focused company from its business of selling routers and switches, sending shares down 4%.
Peloton Interactive Inc is exploring apps for Amazon.com Inc's Fire TV and Apple Inc's Watch, Bloomberg reported on Wednesday, citing people familiar with the matter.
U.S. President Donald Trump's threat to jack up U.S. tariffs on Chinese goods if the world's two largest economies fail to reach a trade deal could raise the price of cellphones, laptops, and toys less than two weeks before Christmas.
Hyundai Motor Co's manufacturing unit will start making the Santa Cruz pickup trucks at its Montgomery factory in 2021, following a $410 million expansion at the Alabama plant.
Oilfield services firm ProPetro Holding Corp on Wednesday said a board investigation had uncovered material weaknesses in its financial controls and an undisclosed related-party transaction with its former chief accountant.
Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc to tax ride-hailing services, accusing the company of trying to resist any type of regulation by stirring up racial tensions.
Occidental Petroleum Corp is stepping up its oil and gas-producing property sales, adding land in Utah's Uinta Basin acquired as part of its $38 billion deal for Anadarko Petroleum, according to a marketing document seen by Reuters.
A bipartisan group of U.S. Representatives asked officials at the Energy Department on Wednesday how Centrus Energy Corp , a company whose chief recently served as deputy at the department, won a federal contract to demonstrate a production method for a new nuclear power plant fuel.
UBS Group Chief Executive Sergio Ermotti on Wednesday said banking consolidation, especially in Europe, is unavoidable in coming years as institutions must achieve critical mass to remain competitive.
As this year's open enrollment season winds down, there are a few benefits decisions worth revisiting before it's too late.
Google will become the latest technology company to wade into banking with the search giant set to offer checking accounts next year, a source says.
European shares fell on Wednesday from four-year highs after U.S. President Donald Trump threatened to "substantially" increase tariffs if China failed to agree a trade deal, and he also took a swipe at European Union trade policies.
Unilever named Danish businessman Nils Andersen as chairman on Wednesday, hoping his experience of consumer goods and logistics will help the group navigate a slowdown in its biggest markets and re-energize its foods business.
Alphabet Inc's Google will offer checking accounts to customers starting next year in a finance push, the Wall Street Journal reported on Wednesday.