The US economy added the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief money, threatens to reverse the recovery from the pandemic recession.
Companies hoping the EU and the new U.S. administration will soon strike a new transatlantic data transfer pact to replace one struck down by a court will probably have to wait months for any result, the head of the EU privacy watchdog said on Friday.
The US Securities and Exchange Commission said on Friday it had fined restaurant chain The Cheesecake Factory US$125,000 to settle charges that it misled investors about the impact of the pandemic on its business, the first such case brought by the regulator.
A shortage of chips used in auto manufacturing could disrupt automotive production in China well into next year, industry officials said on Friday (Dec 4), with chip companies saying they are raising prices and expanding their production in response.
A deal to cut costs and save jobs at Lufthansa has won the support of a majority of the Verdi trade union members who work for the German airline as ground staff, according to the results of a ballot seen by Reuters on Friday.
The big slowdown in U.S. jobs growth last month and the surge in COVID-19 cases signal more hurt ahead for the world's largest economy, but those rising risks aren't likely to trigger a rush by the Federal Reserve to ramp up or shift its bond-buying when policymakers meet later...
Dish Network Corp has reached a US$210 million settlement to resolve a lawsuit by the U.S. government and four states over illegal telemarketing, California's attorney general said on Friday.
Moderna Inc will be able to produce 500 million doses of its COVID-19 vaccine in 2021, Chief Executive Officer Stéphane Bancel said on Friday
The Organization for Security and Cooperation in Europe, which includes Russia and the United States and other former Cold War foes, formally agreed on Friday to fill four of its top jobs with new faces, ending months of deadlock and bickering.
Canadian Prime Minister Justin Trudeau on Friday declined to comment on talks between the U.S. Justice Department and lawyers that could lead to the release of a senior Huawei executive who is under house arrest in Vancouver.
