Disney CEO Bob Iger will presumably extend his term of office for the company purposes as his tenure comes to end in 2018.
Trump's travel ban faced tough scrutiny at the Court of Appeals, as the legal establishment sought to ascertain whether religious discrimination was the reason behind the move.
Philippine authorities announced that a fire, which had been raging in a crowded town near Manila, had destroyed many houses and left 15 thousand people homeless.
On Wednesday, Hyundai announced that it may buy batteries for electric vehicle from China after South Korean companies hadn't made a list of vendors.
Gilead Sciences reported revenue of $7.3B, showing more than 14% year-over-year decrease. The company's earnings per-share dropped to $2.70 from $3.32.
Four people have been killed in an attack carried out by Somalia's al Shabaab fighters at the hotel in Bosasso, Puntland region. Two al Shabaab militants also were killed.
Parsley Energy is planning to acquire undeveloped acreage in the Permian Basin for about $2.8B from Double Eagle Energy Permian.
Sharp Corp is considering investing $7 billion to build a display factory in US. Building works are planned to start before June 30.
Singapore Airlines posted operating profit of S$293M in Q3, up 1.7% from S$288M a year ago caused by the growth of mail and cargo, whereas fuel costs have dropped.
On Tuesday, political uncertainty in Europe caused the US Dollar to undergo a correction after recent losses and surpass the one-week high.
A more than 1% drop in oil prices was registered on Tuesday, amid continuous increase of gasoline stockpiles in the US. This increase could create complications and counterweight OPEC's decision to cut production in order to diminish the oil supply glut.
The presidents of Argentina and Brazil called for more ambitious Latin American trade, indicating regional ties should strengthen in response to uncertainty over relations with the US.
Britain will not renegotiate with the EU if parliament rejects the exit deal it reaches, as ministers defeated attempts to give lawmakers more say on the terms of the final agreement.
European shares rose, helped by some encouraging company results, while French stocks slipped after election jitters weighed on the country's sovereign bonds.
The US trade deficit fell more than expected in December since exports rose to the highest level in than 1-1/2 years, outpacing an increase in imports.
Earlier in the day, shares of Michael Kors Holdings slumped as much as 15% to hit the $34.92 level on the NYSE, as the company's holiday quarter sales fell short of expectations.
Following Facebook's example, YouTube is planning to roll out a new feature that would allow popular users having over 10K subscribers to live-stream videos from mobile devices.
The Governor of Minnesota Mark Dayton, 70, was confirmed to undergo surgery to remove prostate after having been diagnosed with cancer last month.
Later today, the US Senate will ballot on the President's pick for the position of the US Department of Education leader. At least 50 Senate members are set to vote against the nominee.
On Tuesday, the American software corporation Autodesk confirmed that the current company's Chief Executive Officer Carl Bass would resign on February 8, 2017.
The German carmaker confirmed it would pay around $477.7M to settle a case over water damage that may have harmed electrical parts of around 318K luxury vehicles in the US.
On Tuesday, Theresa May's spokesperson stated that the PM would visit China later this year to strengthen trade ties and gain overseas support before the UK leaves the EU.
In a conversation over the phone, the German Chancellor Angela Merkel urged Vladimir Putin to call on pro-Russian separatists to end violence in eastern Ukraine.
Dubai and IBM are eager to team up for the new blockchain computer technology project designed for money transfer and goods tracking.