Biogen Inc revived plans on Tuesday to seek U.S. approval for Alzheimer's treatment aducanumab, surprising investors and saying data from more patients in two discontinued studies showed the drug reduced the decline of patients.
Oil rose nearly 2% on Wednesday after government data showed a surprise draw in U.S. crude stocks and as the prospect of deeper output cuts by OPEC and its allies offered support.
Anthem Inc on Wednesday signaled earnings for 2020 could be better than feared, allaying some concerns that rising medical costs are eating into profits and sending shares of the No. 2 health insurer up 4%.
Industrial bellwether Caterpillar Inc reported a drop in sales in the United States and China in the third quarter, leading it to cut its outlook for the year and adding to evidence that the global economy is firmly on the decline.
WeWork's new executive chairman Marcelo Claure wrote in a memo to employees on Wednesday that layoffs were in the works at the U.S. office-space sharing start-up following a $9.5 billion rescue financing deal with SoftBank Group Corp .
Boeing is monitoring the trade war with China, as tariffs push the company to plan production cuts of its 787 Dreamliner.
A slowing economy is forcing companies to spend less on information technology services, pressuring the high-flying software stocks that rely heavily on corporate dollars.
Britain's troubled Metro Bank reported a loss for the third quarter, said its chairman Vernon Hill has stepped down two months early, and warned it may have to curb its growth plans as it battles to recover from an accounting scandal.
Shares of Snap Inc fell 6% on Wednesday, as Wall Street focused more on a disappointing revenue outlook than regulators no longer investigating the company over whether it misled investors at the time of its 2017 initial public offering.
Bitcoin's price dropped on Wednesday to its lowest level against the dollar since the middle of May after Facebook Chief Executive Officer Mark Zuckerbeg, in testimony before Congress, expressed doubts about whether the company's cryptocurrency project Libra was going to work.
Nasdaq Inc said it canceled trades that spanned a two-minute period before the opening bell on Wednesday which affected about 50 securities.
Wall Street edged higher on Wednesday, led by gains in Boeing and Apple shares, even as weak earnings from Caterpillar and Texas Instruments raised concerns about the impact of the U.S.-China trade war on global growth.
Walmart Inc will offer online holiday deals a few days earlier this year in order to minimize the impact from a shorter selling period between Thanksgiving and Christmas, the retailer said on Wednesday.
Wall Street's main indexes were propped up by a rise in shares of Boeing and Apple, but gains were capped as weak earnings from Caterpillar and Texas instruments raised concerns about the impact of the U.S.-China trade war on global growth.
There's no financial aid for covering the cost of child care. In these 10 costly states, parents are spending more than a third of their pay on day care, according to Child Care Aware of America.