Ford Motor Co reported a 5% fall in U.S. auto sales for the third quarter, hurt by declining sales of its passenger cars including the Taurus sedan and Mustang sports car, as well as its Explorer sport utility vehicle.
Oil steadied on Wednesday, following several days of declines, after industry data showed a surprise drop in U.S. crude inventories, although gains were capped as weak economic readings in the United States depressed global markets.
U.S. stocks were set to fall at the open on Wednesday after the S&P 500 and Dow recorded their sharpest drop in more than a month as domestic factory activity contracted, pointing to impact from a prolonged U.S.-China trade war.
London's Court of Appeal gave the go-ahead for action against Google over claims it collected data from more than 4 million iPhone users, overturning a ruling in 2018 that in effect blocked any route to legal redress.
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Shares of TD Ameritrade continued their slide on Wednesday as the brokerage 'race to zero' quickens.
A China-based website that allowed for manual installation of Google's Android apps on Huawei's newly launched Mate 30 devices went offline on Wednesday after a security researcher highlighted the "backdoor" to sidestep a U.S. ban.
The United States won approval on Wednesday to impose tariffs on$7.5 billion worth of European goods over illegal EU subsidies handed to Airbus, threatening to trigger a tit-for-tat transatlantic trade war as the global economy falters.
France is ready to retaliate if the United States goes ahead with trade sanctions on EU imports, its finance minister said on Wednesday after Washington won WTO backing for the measures.
U.S. stocks fell more than 1% for the second straight session on Wednesday, hitting a fresh one-month low, as September's weak private payrolls report added to concerns of a slowdown in the world's largest economy.
A decision by the World Trade Organisation (WTO) allowing the United States to target goods imported from the European Union over illegal subsidies to Airbus will weigh on the planemaker, German Chancellor Angela Merkel said on Wednesday.
Airbus on Wednesday urged talks to reduce trade tensions after the World Trade Organization gave the United States approval to impose tariffs on $7.5 billion worth of European goods over illegal EU subsidies handed to Airbus.
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Ford Motor Co and Fiat Chrysler Automobiles NV on Wednesday reported higher pick-up truck sales for the third quarter in the United States, as lower interest rates helped boost demand in a market that has seen sales decline.
Piper Jaffray remains unfazed by the recent drop in Netflix shares, sticking by its optimistic forecast.