 | | | | Fiat Chrysler Automobiles NV on Wednesday said it faces a $79 million U.S. civil penalty for failing to meet 2017 fuel economy requirements, as regulators reported more automakers were falling short of U.S. greenhouse gas emissions standards. | | | | | | General Motors Co and the United Auto Workers union reached a tentative deal on Wednesday for a new four-year labor deal, moving closer to ending a costly month-long strike that shut down GM's most profitable factories in a test of wills over the future of U.S. auto industry jobs. | | | | | | International Business Machines Corp missed analysts' estimates for third-quarter revenue on Wednesday, overshadowing a profit beat and sending its shares down 3% in extended trading. | | | | | | A gauge of world stock markets was flat on Wednesday as U.S. data that raised concerns about a slowing economy was offset by a solid start to earnings season, while sterling was volatile as negotiations on a Brexit deal continued. | | | | | | The U.S. Securities and Exchange Commission said on Wednesday that it has obtained an asset freeze against 18 China-based traders over a market-manipulation scheme. | | | | | | Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports. | | | | | | Netflix Inc added slightly more paying subscribers than Wall Street expected in the third quarter but issued a soft forecast on Wednesday as it faces new competition from Walt Disney Co and other big companies in the streaming video wars. | | | | | | Teva Pharmaceuticals is in talks to contribute over $15 billion worth of drugs as part of a settlement to resolve lawsuits alleging it helped fuel the U.S. opioid crisis, a source familiar with the matter told Reuters on Wednesday. | | | | | | Facebook Inc , whose digital currency project Libra has been abandoned by several high-profile partners including PayPal, Visa and Mastercard, still expects to get 100 banks and financial firms on board once it addresses regulatory concerns, the head of the project said on Wednesday. | | | | | | Air Canada said on Wednesday it had removed Boeing Co's 737 MAX planes from flight schedules until Feb. 14, citing uncertainty around the aircraft's return to service. | | | | | |
