Facebook suspends disinformation network tied to staff of Brazil's Bolsonaro

Facebook Inc on Wednesday suspended a network of social media accounts it said were used to spread divisive political messages online by employees of Brazilian President Jair Bolsonaro and two of his sons.

Fed officials suggest U.S. recovery may be stalling

Federal Reserve officials raised fresh doubts on Wednesday about the durability of the U.S. recovery, while new business surveys highlighted developing risks from the relentless coronavirus pandemic.

Federal judge throws out GM's racketeering lawsuit against Fiat Chrysler

A federal judge on Wednesday threw out a racketeering lawsuit General Motors Co had filed against smaller rival Fiat Chrysler Automobiles NV, saying the No. 1 U.S. automaker's alleged injuries were not caused by FCA's alleged violations.

Facebook takes down accounts and pages of Trump ally Roger Stone

Facebook Inc on Wednesday removed 50 personal and professional pages connected to U.S. President Donald Trump's longtime adviser Roger Stone, who is due to report to prison next week.

Global shares rise despite coronavirus fears; gold gains

Global stocks edged higher on Wednesday as recovery hopes overcame fears that a surge in coronavirus cases would slow the U.S. economy, but many investors still sought out safe havens on the pandemic worries, driving gold prices above $1,800 an ounce for the first time since 2011.

Warren Buffett donates $2.9 billion to Gates Foundation, family charities

Warren Buffett has donated roughly $2.9 billion of Berkshire Hathaway Inc stock to four family charities and the Bill & Melinda Gates Foundation, the latest but not largest contribution in his plan to give away his fortune.

Nvidia eclipses Intel as most valuable U.S. chipmaker

Nvidia has overtaken Intel for the first time as the most valuable U.S. chipmaker.

Oil settles higher on improving U.S. gasoline demand

Oil prices settled higher on Wednesday as U.S. gasoline consumption showed signs of a recovery, but price gains were limited by rising crude inventories and an increase in coronavirus infections.

Airbus deliveries plunge in first half

Airbus deliveries plunged to 196 aircraft in the first half of the year from 389 in the same period a year earlier, the planemaker said on Wednesday.

Wall Street inches up with tech shares, though jump in virus cases a concern

U.S stocks were slightly higher in choppy trading on Wednesday, supported by technology shares as early signs of an economic rebound offset concern about further lockdowns due to a jump in coronavirus cases across the country.

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