Thirty-two groups including ones focused on antitrust, consumer advocacy and progressive issues sent a letter to President-elect Joe Biden on Monday urging him to reject the influence of Big Tech companies on his administration.
British tycoon Philip Green's Arcadia fashion group has collapsed into administration, putting over 13,000 jobs at risk and becoming the country's biggest corporate casualty of the COVID-19 pandemic so far, administrator Deloitte said on Monday.
Wall Street stocks fell on Monday as investors took profits after a sharp rally that has put the benchmark S&P 500 index on course for its best November ever.
After a decade of central bank bond buying, fund managers have begun to wonder if there is again money to be made in betting or hedging against volatility in the bond market caused by an economic recovery next year.
Philip Green's struggling British fashion group Arcadia has turned down rival Frasers Group's offer of a "lifeline" loan of up to 50 million pounds (US$67 million), sportswear retailer Frasers, controlled by Mike Ashley, said on Monday.
Contracts to buy U.S. previously owned homes fell for a second straight month in October as an acute shortage of properties pushed up prices, though the housing market remains supported by record low mortgage rates.
The number of political prisoners in Vietnam has reached its highest on record, according to a tally by Amnesty International, which in a report on Tuesday accused Facebook and Google of censorship in the Southeast Asian country.
