Some of Wednesday’s top business news stories:
Associated Press
Banks set aside billions, bracing for more economic pain, by Ken Sweet
Canada, US and Mexico poised to extend border restrictions, by Rob Gillies
CNN
Boeing got hit with a new wave of canceled plane orders, by Chris Isidore
Wells Fargo lost $2.4 billion last quarter, setting the stage for its first dividend cut since the Great Recession, by Matt Egan
The Wall Street Journal
U.K. to Ban Huawei From Its 5G Networks Amid China-U.S. Tensions, by Stephen Fidler, Max Colchester
Auto Makers Grapple With Worker No-Shows as Covid-19 Cases Surge, by Ben Foldy
CNBC
Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced ‘robust’ immune response, by Berkeley Lovelace Jr.
Nissan unveils Ariya crossover as first new all-electric vehicle under turnaround plan, by Michael Wayland
Reuters
Crunch time for Apple in fight against $15 billion EU tax order, by Foo Yun Chee, Padraic Halpin
Tesla secures tax breaks for cybertruck factory in Texas, by Joe White, Tina Bellon
News about business journalism
AP’s Volz joins Kaiser Health News as mountain states editor
Van Romburgh named ME for Crunchbase
Axios hires Gold as tech policy reporter
