A U.S. Senate hearing to reform an internet law and hold tech companies accountable for how they moderate content quickly turned into a political scuffle as lawmakers not only went after the companies but also attacked each other.
A U.S. appeals court on Wednesday handed a victory to Qualcomm Inc, declining to reconsider an August decision that dismissed the U.S. Federal Trade Commission's antitrust case against the chip designer.
A lawyer for Huawei Chief Financial Officer Meng Wanzhou on Wednesday questioned the Canadian constable involved in her 2018 arrest, asking if the process was delayed in an initial bid to suppress her legal rights.
Alphabet Inc unit Google has launched a 60-day strategy to counter the European Union's push for tough new tech rules by getting U.S. allies to push back against the EU's digital chief and spelling out the costs of new regulations, according to a Google internal document.
Oil prices fell more than 5% on Wednesday, sending Brent to a four-month low as surging coronavirus infections in the United States and Europe prompted renewed lockdowns and fed expectations for new declines in fuel demand.
The European Union will arm itself with potential punitive tariffs against the United States and other rivals if they take advantage of World Trade Organization paralysis and refuse to settle trade disputes.
The S&P 500 and the Dow slumped on Wednesday to their lowest levels since late September, as coronavirus cases climbed globally and investors also worried about the possiblity of a contested U.S. presidential election next week.
Wall Street's main indexes slumped on Wednesday, briefly losing more than 3%, as a surge in coronavirus cases dashed hopes of a quick global economic recovery and traders got nervous before next week's U.S. presidential election.
JetBlue Airways will continue limiting the number of seats it sells on each flight into early next year, Chief Executive Robin Hayes told Reuters on Wednesday, citing the role the policy plays in customer confidence.
