 | | | | After more than a year in a tailspin, Italian sports car brand Maserati unveiled on Wednesday a new high performance sports car, part of a bid by parent Fiat Chrysler Automobiles NV to revive its premium vehicle strategy heading into its merger with French automaker Peugeot SA . | | |
| | | J.C. Penney Co Inc's landlords reached a tentative deal to rescue the beleaguered department store chain from bankruptcy proceedings, averting a liquidation that would have threatened roughly 70,000 jobs and represented one of the most significant business collapses following the coronavirus pandemic, a company lawyer said during a brief court hearing Wednesday. | | |
| | | AstraZeneca's suspension of global trials of its experimental coronavirus vaccine after an unexplained illness in a study subject in Britain has cast doubt on prospects for an early rollout of one of the most advanced COVID-19 vaccines in development. | | |
| | | Oil futures on Wednesday clawed back some of the losses they sustained in the previous session, but a rebound in COVID-19 cases in some countries undermined hopes for a steady recovery in global demand. | | |
| | | Germany's Auto Motor und Sport said Volkswagen's new electric car, the ID.3, had fallen short of the carmaker's usual standards of fit and finish, and had a limited operating range, when it reviewed the car ahead of its launch. | | |
| | | Wall Street's main indexes rallied on Wednesday to stanch the bleeding after a three-day drop as investors jumped back in to take advantage of the repricing in technology-related stocks, a day after the Nasdaq confirmed correction territory. | | |
| | | "Fortnite" users will no longer be able to use Apple Inc's sign-in system to log in to the game as early as Friday, the video game maker said. | | |
| | | Comcast Corp's NBCUniversal on Wednesday promoted Pearlena Igbokwe to run the media conglomerate's global television business as chairman of Universal Studio Group in a corporate restructuring. | | |
| | | Major U.S. airlines warned on Wednesday that travel demand will continue to languish until there is a widespread COVID-19 vaccine, while awaiting developments in Washington on additional federal aid. | | |
| | | Wall Street's short sellers stepped up bearish stock bets following the market's recoil from record highs last week, reaping sizable profits from the fall in some of the high-profile technology names that were at the vanguard of the rally, according to Financial analytics firm S3 Partners. | | |
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