Four states reported a record one-day increase in COVID-19 deaths including Wisconsin, a hotly contested state in the election, according to a Reuters analysis, as infections kept rising across the Midwest and beyond.
A U.S. judge said he will consider without hearing arguments whether to excuse President Donald Trump from a defamation lawsuit by a former Elle magazine columnist, after the coronavirus pandemic unexpectedly derailed the government from presenting its case on Wednesday.
The stronger-than-expected U.S. economic rebound from coronavirus lows could set up an early test for the Federal Reserve's new pledge to keep interest rates near zero and its increased tolerance for inflation.
The Supreme Court's deadlock this week in a key election case illustrates the power President Donald Trump's nominee Amy Coney Barrett could wield and reveals why Republicans are hurrying to install her as a justice, Democrats said on Wednesday in their latest pitch to block her U.S. Senate confirmation.
Tesla Inc on Wednesday reported its fifth consecutive quarterly profit on record revenue of $8.8 billion, boosted by an uptick in vehicle deliveries and sales of environmental regulatory credits to other automakers.
Wall Street's three major averages closed lower on Wednesday after a volatile trading session, as investors worried whether difficult negotiations in Washington would produce a deal for a fresh U.S. coronavirus stimulus package.
The family owners of Italian fashion house Salvatore Ferragamo have held informal talks with investors to sell a minority stake in their holding firm as they scramble to turn around the brand famous for shoes worn by Hollywood stars such as Audrey Hepburn, five sources told Reuters.
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