Sterling edges up as EU considers Brexit request; stocks flat
World stock indexes were flat to lower on Wednesday with a disappointing forecast from Texas Instruments dragging down chipmaker shares, while the British pound inched up as European Union leaders consider London’s request for a Brexit delay.
WeWork plans to lay off 4,000 staff – FT
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put in place by top shareholder Japan’s SoftBank Group after it took control of the company this week, Financial Times reported on Wednesday.
Brazil narrows field to China, Russia, France for Angra 3 nuclear partner
(This October 23 story corrects paragraph 8; Westinghouse owned by Brookfield Business Partners, not Toshiba Corp as erroneously reported)
Google unveils computer with ‘quantum supremacy’, rivals say wait a qubit
Alphabet Inc’s Google said on Wednesday it achieved a breakthrough in computing research by using a quantum computer to solve in minutes a complex problem that would take today’s most powerful supercomputer thousands of years to crack.
American drivers warming to self-driving cars – survey
About 40% of adult Americans drivers are leaning more to buying self-driving cars in the future as they look to snack, chat on their phone or catch up on email while the car drives itself, a survey by Adobe Analytics showed on Wednesday.
Oil rises on surprise U.S. crude drawdown, prospect of OPEC action
Oil rose about 2.5% on Wednesday after government data showed a surprise draw in U.S. crude stocks and as the prospect of deeper output cuts by OPEC and its allies offered support.
Walmart offers holiday deals early to avoid shorter holiday season
Walmart Inc will offer online holiday deals a few days earlier this year in order to minimize the impact from a shorter selling period between Thanksgiving and Christmas, the retailer said on Wednesday.
Boeing sees 737 MAX U.S. approval before year-end, shares rise
Boeing Co said on Wednesday it still expects U.S. regulatory approval for its grounded 737 MAX in the fourth quarter, sending its shares higher despite a slump in quarterly profit.
Apple, Boeing keep Wall Street afloat, weak earnings stoke growth fears
Wall Street was supported by gains in Apple and Boeing shares on Wednesday, though weak earnings from Caterpillar and Texas Instruments raised concerns of an impact from the U.S.-China trade war on global growth.
Nasdaq cancels trades in about 50 securities
Nasdaq Inc said it canceled trades that spanned a two-minute period before the opening bell on Wednesday which affected about 50 securities.
