| | | The White House told Democratic lawmakers in a meeting on Wednesday that a proposed hike in corporate taxes is unlikely to make it into a final reconciliation bill, according to a congressional source familiar with the discussions. | | | | Netflix Inc employees are staging a walkout on Wednesday in an unprecedented show of defiance to protest the streaming giant's decision to release comedian Dave Chappelle's new comedy special, which they say ridicules transgender people. | | | | The S&P 500 and the Dow closed higher on Wednesday as investors eyed better than expected third-quarter earnings from U.S. companies. | | | | Business software firm Qualtrics International on Wednesday raised its full-year sales forecast above analyst estimates as it reported third-quarter revenue and profits that also beat expectations. | | | | Kinder Morgan Inc reported a 4.1% jump in quarterly adjusted profit on Wednesday as demand for fuel bounced back from pandemic lows, boosting the pipeline operator's volumes. | | | | IBM on Wednesday missed market estimates for quarterly revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month, sending its shares down 4% in extended trading. | | | | Tesla Inc on Wednesday beat Wall Street expectations for third-quarter revenue on the back of record deliveries as the electric carmaker navigated through a prolonged global shortage of chips and raw materials. | | | | Stock indexes mostly rose worldwide on Wednesday, with the Dow Jones Industrial Average touching a record intraday high, as more companies reported earnings that beat analysts' expectations, while oil prices jumped. | | | | Rahm Emanuel, nominee to be the next U.S. ambassador to Tokyo, vowed at his Senate confirmation hearing on Wednesday to prioritize the case of an American former Nissan Motor executive who is facing a possible prison term in Japan. | | | | The dollar dipped on Wednesday as risk sentiment improved and as investors focused on rising commodity prices and when global central banks are likely to begin hiking interest rates to fend off persistently high inflation. | | | | |