Uber, which had been in on-and-off deal talks with Grubhub for more than a year, is likely to pull out of those merger talks over antitrust concerns raised about the potential deal.
Boeing has drawn up a flight plan to recertify the 737 Max that will demonstrate that the plane's updated flight control software allows it to safely operate in various scenarios, people familar with Boeing's plans said.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on April 29.
"Let's hope that this thing bottomed way in April and we're headed towards a terrific recovery in the second half of the year," NEC Director Larry Kudlow told CNBC.
Former Trump national security advisor Michael Flynn "has indeed committed perjury" in his statements to a federal judge, "for which he deserves punishment," a former judge said.
Cruise, General Motors' majority owned self-driving vehicle unit, has hired a former engineer of Tesla and electric vehicle start-up Lucid as its new head of safety.
Texas health authorities said there are currently 2,153 patients sickened with Covid-19 across its hospitals, making Wednesday the third-straight day of record-breaking coronavirus hospitalizations.
The strike follows two weeks of demonstrations spurred by the police killing of George Floyd, a black man who died after a white police officer kneeled on his neck.
"We welcome the millions of dollars. We welcome the relatable messages, but we need to do more," Citigroup Vice Chairman Ray McGuire said in response to the death of George Floyd.
Starbucks expects to swing to a loss in its fiscal third quarter as the company predicts it lost as much as $3.2 billion in revenue due to the pandemic.
The PGA Tour is one of the first major sports to return to action after coronavirus on Thursday. Sports leagues and fans will be watching closely as they implement their safety plan.
Hourslong waits, problems with new voting machines and a lack of available ballots plagued voters in majority minority counties in Georgia on Tuesday — conditions the secretary of state called "unacceptable" and vowed to investigate.
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