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Exclusive: Electric vehicle charge network ChargePoint nears deal to go public – sources

ChargePoint Inc, one of the world's oldest and largest electric vehicle charging networks, is nearing a deal to go public through a reverse merger with Switchback Energy Acquisition Corp, people familiar with the matter said on Wednesday.

Markets

American Airlines, unions make new push to win government payroll assistance

American Airlines chief executive Doug Parker and seven major airline unions on Wednesday made a new push to win additional government assistance to keep nearly 20,000 workers on the payroll past Oct 1.

Markets

White House sees decision ‘in short order’ on TikTok

The Trump administration will make a decision soon on a proposed deal for Oracle to become a "trusted technology provider" for the U.S. operations of China's social media platform TikTok, White House press secretary Kayleigh McEnany said on Wednesday.

Markets

JPMorgan stops paying for junior staff to take Uber rides to work: Bloomberg News

JPMorgan Chase & Co will not pay for junior sales and trading staff to take an Uber to work, reversing actions the bank took after the COVID-19 pandemic to help staff feel comfortable about commuting to work, Bloomberg News reported.

Markets

United Airlines pilot union council approves deal to prevent furloughs: sources

The United Airlines pilots union master executive council has voted to approve a deal with the company that would protect some 2,850 jobs, sources familiar with the matter told Reuters.

Markets

Spotify falls after Apple launches new services bundle

Shares of Spotify Technology SA fell as much as 7per cent on Wednesday, after Apple Inc announced a bundled plan for all its services that lowered the cost of Apple Music subscriptions.

Markets

Virtual schooling dents retail sales, Trump economic message

Slower-than-expected sales at retailers in August suggest a speed bump is emerging in the U.S. economic recovery from coronavirus lockdowns, less than two months before the Nov. 3 presidential election.

Markets

Trump administration will continue reviewing TikTok deal for best interest of U.S

White House Chief of Staff Mark Meadows on Wednesday said President Donald Trump's administration will continue to review TikTok's deal with Oracle to make sure it is in the best interests of the United States.

Markets

Ferrari gives GT bestseller a makeover with new Portofino M

Ferrari rolled out the Portofino M, a modified version of its top-selling gran tourer, on Wednesday as the Italian sportscar maker pursues a rapid turn over of new models despite the coronavirus crisis.

Markets

Senator Rubio urges Trump to scrap TikTok-Oracle deal if Bytedance ties remain

Marco Rubio, the first senator to call on the administration to investigate TikTok, said in the letter to President Donald Trump that "serious questions" remained about Oracle's role, the technology it would provide to Bytedance, and the future of the application's algorithm.

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