 | | | | Tesla Inc has "a lot of catching up" to do in order to achieve a record quarter, news website Electrek reported on Wednesday, citing Chief Executive Officer Elon Musk's leaked email to employees. | | | | | | U.S. stocks slumped on Wednesday, with the S&P 500 and Nasdaq testing a key support level, as worries a prolonged trade war between the United States and China would dent global growth pushed investors toward the safety of government bonds. | | | | | | Apple Inc on Wednesday publicly defended its App Store from mounting criticism over its treatment of rivals in a new blog post detailing its functions and guidelines. | | | | | | Exxon Mobil Corp shareholders on Wednesday rejected a proposal that would have split the chief executive officer and board chairman roles at the largest publicly traded oil producer. | | | | | | Fears that an escalating trade war between the United States and China will slash global economic growth pulled world stock markets down to near two-and-a-half-month lows on Wednesday and continued to feed a rally in safe-haven government bonds. | | | | | | Wells Fargo & Co said on Wednesday the bank's board of directors had elected former Bank of America Corp executive Charles Noski to join the board. | | | | | | The father of a university football player who died of a drug overdose provided emotional testimony about the U.S. opioid epidemic's personal cost on Wednesday during the second day of trial in a lawsuit by the state of Oklahoma accusing Johnson & Johnson of fueling the crisis. | | | | | | Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter. | | | | | | Boeing Co is surprised Canada softened the rules of a competition for new fighters to allow Lockheed Martin Corp to submit a bid, but is still confident it has a chance, a top executive said on Wednesday. | | | | | | Ferrari presented a luxury car with a difference on Wednesday -- a hybrid model that can cruise silently through city streets on electric power as well as hitting a top speed of 340 km per hour. | | | | | |
