With President Donald Trump poised to nominate a U.S. Supreme Court justice to fill the vacancy created by the death of liberal icon Ruth Bader Ginsburg, a new 6-3 conservative majority could be emboldened to roll back abortion rights.
Wall Street's main indexes fell on Wednesday as data showed domestic business activity slowed in September, although a record high for Nike following a strong quarterly earnings report capped declines on the blue-chip Dow.
The U.S. Justice Department unveiled a legislative proposal on Wednesday that seeks to reform a legal immunity for internet companies and follows through on President Donald Trump's bid from earlier this year to crack down on tech giants.
Wells Fargo & Co Chief Executive Officer Charles Scharf has apologized for making insensitive remarks around race and diversity, seeking to quell a row over his references to a shortage of talent among minority groups.
U.S. business activity cooled in September, with gains at factories offset by a retreat at services industries, suggesting a loss of momentum in the economy as the third quarter draws to a close and COVID-19 lingers.
American sports investment company ALK Capital LLC is in talks to purchase Premier League club Burnley, sources with knowledge of the negotiations have told Reuters.
U.S. airline chief executives and labor leaders redoubled calls on Wednesday for lawmakers to urgently pass another $25 billion in payroll aid, though hopes for a deal this month were dwindling as lawmakers shifted focus to a political battle over a Supreme Court vacancy.
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