Business

Danske Bank , reeling from a money laundering scandal, will resume its search for a new chief executive after a Danish regulator rejected its internal candidate for the job, and analysts said it would be forced to look outside the bank.

U.S. consumers filed the fewest requests for a mortgage since late 2014 last week as most home borrowing costs reached their highest levels in more than seven years, the Mortgage Bankers Association said on Wednesday.

Chinese search engine Baidu Inc has become the first Chinese company to join an artificial intelligence (AI) ethics group led by top U.S. tech firms, amid wider political clashes over AI competition between China and the United States.

Shares of Netflix Inc soared 11 percent before the bell on Wednesday, after the company put fears of a slowdown in growth to bed by racking up seven million new subscribers between July and September.

Tesla Inc Chief Executive Officer Elon Musk will purchase company stock worth $20 million in the next open trading session, the electric carmaker said in a filing on Wednesday.

Gulfstream Aerospace expects growth in both sales opportunities and deliveries next year, as the U.S. business jet maker brings two new large-cabin corporate planes to market, company President Mark Burns said on Wednesday.