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S&P 500 down for fifth day as financials fall

Wall Street's major stock indexes fell on Wednesday, with the S&P 500 dropping for the fifth session in a row, as financials were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the U.S. House of Representatives.

BMW, Vodafone, Ericsson urge EU to consider 5G car standard

BMW, Vodafone and Ericsson made a last-ditch effort on Wednesday to persuade the European Commission to open the way for the use of 5G technology in cars, concerned about the EU executive's preference for a wifi-based technology being pursued by their rivals.

U.S. Postal Service loss triples, even as package deliveries rise

The U.S. Postal Service lost almost $4 billion in 2018 even as package deliveries rose, according to results released on Wednesday, giving U.S. President Donald Trump potential ammunition against Amazon.com Inc , which he claims pays too little for the agency's services.


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