Reuters

The U.S. Securities and Exchange Commission said on Thursday it had ordered Wells Fargo & Co to pay $35 million to settle charges it failed to adequately supervise investment advisers who were recommending high-risk products.

Tellurian Inc stock dropped on Thursday after the company said it extended the amount of time India's Petronet LNG Ltd had to finalize an agreement to buy liquefied natural gas (LNG) from Tellurian's Driftwood plant in Louisiana.

The U.S. Federal Communications Commission is set to propose fining four major U.S. mobile phone companies at least $200 million in total for improperly disclosing some consumer real-time location data, two people briefed on the matter said on Thursday.

The Dow industrials posted the largest-ever points drop on Thursday as Wall Street led stocks across the globe lower, with traders fretting over the economic impact of the spreading coronavirus.

Beyond Meat Inc said on Thursday that fourth-quarter sales tripled, but shares fell 7% in after-hours trading as the company missed earnings expectations and announced that Executive Chairman Seth Goldman will resign.

Home furnishing retailer Bed Bath & Beyond Inc said on Thursday it would cut about 500 jobs, including management positions, as part of a restructuring program.

Oil prices tumbled for a fifth day on Thursday to their lowest level in more than a year, as new reports of novel coronavirus cases outside China spurred investor fears that the rapidly spreading outbreak could slow the global economy.

The U.S. Securities and Exchange Commission said on Thursday it had ordered Wells Fargo & Co to pay $35 million to settle charges it failed to adequately supervise investment advisers.

Telecom Italia (TIM) on Thursday picked KKR as an exclusive partner to develop its ultra-broadband business, saying its board had taken positive note of a non-binding proposal by the U.S. investment firm.

Wall Street's main indexes plunged on Thursday in their sixth straight day of declines with the S&P 500 confirming its fastest correction in history as the rapid global spread of coronavirus intensified investor worries about economic growth.

Drugmaker Mylan NV reported a fourth-quarter profit on Thursday that beat estimates, helped by sales of new products such as asthma treatment Wixela.

Beyond Meat Inc said on Thursday it expects full-year sales to grow as much as 71%, after reporting that deals with retailers and restaurants helped to more than triple fourth-quarter sales and substantially narrowed its loss.

Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday.

Stocks across the globe and oil prices continued to tumble on Thursday and U.S. Treasury yields hit record lows as traders fretted over the economic impact of the spreading coronavirus.

U.S.-based banks and brokers are in discussions with federal regulators about allowing staff to work from home and other business continuity arrangements amid the spread of the coronavirus, the head of a top financial trade group said on Thursday.

Amazon.com Inc has barred more than 1 million products from sale in recent weeks that had inaccurately claimed to cure or defend against the coronavirus, the company told Reuters on Thursday.

Johnson & Johnson and other drug companies facing thousands of lawsuits over their role in the opioid epidemic have warned that settlement talks will be "severely" jeopardized if plaintiffs' lawyers are allowed to assess a fee payment worth billions of dollars.

Shares of Microsoft Corp fell 4% on Thursday after the company warned of weakness in its PC business after a hit to its supply chain from the coronavirus outbreak, echoing similar statements from Apple Inc and HP .

Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday.

Wall Street's main indexes tumbled for the sixth straight session on Thursday with the S&P 500 on track for its fastest correction in history as the global spread of coronavirus intensified investor uncertainty about the economic impact.