|  | | | | | | | | Marathon Petroleum Corp's oil-refining unit is cutting at least 6% of its staff, according to people familiar with the matter, demonstrating the depth of declining fuel demand during the pandemic. | | | | | | U.S. stocks jumped on Wednesday as fresh hopes for a new pandemic relief package and upbeat economic data set the major indexes on course to end the quarter on a high note. | | | | | | The upcoming U.S. presidential election will likely be an important catalyst for stock market moves in coming months as investors gauge the probabilities of a contested vote and the policies a potential winner would enact. | | | | | | U.S. stocks are set to close out another quarter with sharp gains on Wednesday, but investors could remain wary with the upcoming U.S. presidential election and mounting coronavirus cases. | | | | | | Former United Auto Workers President Dennis Williams on Wednesday pleaded guilty to trying to embezzle union funds. | | | | | | Lawyers for Huawei Chief Financial Officer Meng Wanzhou told a court on Wednesday that U.S. President Donald Trump's comments on her extradition justified adding an extra allegation to the abuse of process claims during her arrest. | | | | | | Hopes for another $25 billion in airline aid before midnight Wednesday - the deadline for mass furloughs of airline employees - dimmed after Washington leaders said there was still more work to do on a broad coronavirus relief package. | | | | | | NextEra Energy Inc Chief Executive James Robo said on Wednesday that the largest U.S. power utility would not embark on a hostile takeover, a day after reports surfaced it had make an approach to Duke Energy Corp in what would be the sector's biggest-ever acquisition. | | | | | | Republican President Donald Trump and Democratic rival Joe Biden sparred on stage for the first time on Tuesday in a pivotal debate ahead of the Nov. 3 U.S. presidential election. | | | | | | Federal Aviation Administration (FAA) Chief Steve Dickson conducted a nearly two-hour evaluation flight at the controls of a Boeing 737 MAX on Wednesday, a milestone for the jet to win approval to resume flying after two fatal crashes. | | | | | | | | | | | |
