The U.S. economy shed jobs for the first time in eight months in December as the country buckled under an onslaught of COVID-19 infections, suggesting a significant loss of momentum that could temporarily disrupt the recovery from the pandemic.
Germany's Deutsche Bank is expected to agree to pay more than US$100 million to settle charges related to allegedly violating anti-bribery laws as it tried to win business in places like China, The New York Times reported on Friday.
The S&P 500 retreated slightly from a record high on Friday following a report that Democratic U.S. Senator Joe Manchin opposed bigger direct checks, throwing cold water on possible further stimulus payments.
With uncertainties regarding U.S. elections fading, some investors expect company earnings and economic data to play a greater role in moving stock prices this year.
Airbus is planning a summit meeting with major suppliers amid speculation that it may have to delay planned jet output increases as Europe faces a resurgent coronavirus crisis, industry sources said on Friday.
Ford Motor Co on Friday said it would idle one of its Kentucky plants next week due to a shortage of semiconductors.
Mexican President Andres Manuel Lopez Obrador on Friday branded Facebook CEO Mark Zuckerberg "arrogant" for his statement on Thursday that condemned the recent behavior of U.S. President Donald Trump and indefinitely blocked him from Facebook.
LONDON:Some businesses said Friday (Jan 8) that costs and paperwork are hampering trade between Britain and the European Union as the reality of the UK’s post-Brexit trading relationship with the bloc takes hold. Britain left the economic embrace of the 27-nation bloc, the final stage of Brexit ...
The National Highway Traffic Safety Administration said it would not grant a petition seeking a formal review of 662,000 Tesla vehicles for claims of sudden unintended acceleration.
Germany's Deutsche Bank is expected to agree to pay more than US$100 million to settle charges related to allegedly violating anti-bribery laws as it tried to win business in places like China, The New York Times reported on Friday.
