HOW MAJOR US STOCK INDEXES FARED MONDAY

Stocks closed higher on Wall Street Monday as more encouraging news on coronavirus vaccines and treatments helped temper worries over...

ALTICE, KORN FERRY RISE; NEWMONT, TWIST BIOSCIENCE FALL

NEW YORK - Stocks that moved heavily or traded substantially Monday: Altice USA, up $2.76 to $35.03 The cable television provider is...

 
 
 

GM TO RECALL 7M VEHICLES GLOBALLY TO REPLACE TAKATA AIR BAGS

DETROIT - General Motors will recall about 7 million big pickup trucks and SUVs worldwide to replace potentially dangerous Takata air...

AP SOURCE: BIDEN TAPS EX-FED CHAIR YELLEN TO LEAD TREASURY

WASHINGTON - President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to serve as treasury secretary, a pivotal...

 
 
 

AVERAGE US PRICE OF GAS DOWN A PENNY A GALLON TO $2.18

CAMARILLO, Calif. - The average U.S. price of regular-grade gasoline slipped a penny a gallon to $2.18 over the past two weeks. Industry...

EX-BRITISH AIRWAYS CEO POISED TO LEAD AIRLINE TRADE GROUP

GENEVA - The CEO of the main trade group for global airlines will step down next March, and organization officials are supporting a...

 
 
 

GM FLIPS TO CALIFORNIA'S SIDE IN POLLUTION FIGHT WITH TRUMP

DETROIT - General Motors says it will no longer support the Trump administration in legal efforts to end California's right to set...

EU INVITES BIDEN TO PATCH UP TRANS-ATLANTIC TIES

BRUSSELS - European Union chief Charles Michel is inviting Joe Biden once he is U.S. president to come visit and patch up trans-Atlantic...

 
 
 

MILLIONS STICK TO THANKSGIVING TRAVEL PLANS DESPITE WARNINGS

More than 1 million Americans a day packed airports and planes over the weekend even as coronavirus deaths surged across the U.S. and...

RETAIL TRADE GROUP SEES SOLID HOLIDAY SALES DESPITE PANDEMIC

NEW YORK - The National Retail Federation, the nation's largest retail trade group, expects that holiday sales could actually exceed...

 
 
 

TOY SAFETY GROUP RELEASES ANNUAL LIST OF TOP 10 'WORST' TOYS

BOSTON - Cute plastic animals with tiny accessories that pose a choking hazard, Black Panther-inspired claws with the potential to...

BEPPE MODENESE, CREATOR OF MILAN FASHION SYSTEM, DIES AT 90

MILAN - Beppe Modenese, the force behind the coalescence of Italian ready-to-wear fashion in the northern city of Milan, has died....

 
 
 

GREEK MILITARY SETTING UP FIELD HOSPITAL FOR COVID-19 CASES

THESSALONIKI, Greece - Greece's armed forces are setting up a field hospital with more than 50 beds in the northern city of Thessaloniki...

EMPLOYERS START SENDING WORKERS SHOPPING FOR HEALTH COVERAGE

Instead of offering one or more options, some companies are turning health insurance shopping over to employees. A federal rule change...

 
 
 

SHOPS, GYMS TO REOPEN IN ENGLAND UNDER NEW COVID-19 PLAN

LONDON - Haircuts, shopping trips and visits to the pub will be back on the agenda for millions of people when a four-week lockdown...

EU, UK STILL HAVE 'FUNDAMENTAL' DIFFERENCES ON TRADE TALKS

BRUSSELS - With the European Union's chief negotiator Michel Barnier in quarantine, trade talks with the United Kingdom continued by...

 
 
 

GOOGLE FACES UK SCRUTINY OVER NEW ADVERTISING DATA REVAMP

LONDON - Google faces fresh regulatory scrutiny in Britain over plans to revamp its ad data system, after a group of competitors complained...

PANDEMIC HAS TAKEN A BITE OUT OF SEAFOOD TRADE, CONSUMPTION

PORTLAND, Maine - The coronavirus pandemic has hurt the U.S. seafood industry due to a precipitous fall in imports and exports and...

 
 
 

US TELLS GM TO RECALL NEARLY 6M TRUCKS WITH TAKATA INFLATORS

DETROIT - The U.S. is making General Motors recall and repair nearly 6 million big pickup trucks and SUVs equipped with potentially...

UAE EASES LIMITS ON FOREIGN OWNERSHIP TO ATTRACT INVESTORS

DUBAI, United Arab Emirates - The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies,...

 
 
 



AP source: Biden taps ex-Fed chair Yellen to lead treasury

AP source: Biden taps ex-Fed chair Yellen to lead treasury

WASHINGTON - President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to serve as treasury secretary, a pivotal role in which she would help shape and... Read more ...

Oxford and AstraZeneca's COVID-19 vaccine is considerably cheaper and easier...

Oxford and AstraZeneca's COVID-19 vaccine is considerably cheaper and easier to distribute than either Pfizer's or Moderna's. Here's why

Summary List Placement The COVID-19 vaccine developed by the University of Oxford and AstraZeneca - which they say is 70% effective - overcomes some of the challenges... Read more ...

Homesnap: Further Depletion of Inventory in 2021 or Relief Ahead?

Homesnap: Further Depletion of Inventory in 2021 or Relief Ahead?

Currently, home sales are outpacing the number of new listings on the market each month, and there's concern this could lead to a further depletion of inventory in 2021. New... Read more ...

The world's largest wealth manager breaks down 4 sectors that will disrupt...

The world's largest wealth manager breaks down 4 sectors that will disrupt the technology industry and become major investment themes over the next decade

Summary List Placement UBS said that investors will benefit from buying fintech, healthtech, greentech, and 5G stocks as these 4 sectors will disrupt the technology industry... Read more ...

Despite pandemic, forecasts predict U.S. online holiday sales increase of...

Despite pandemic, forecasts predict U.S. online holiday sales increase of 20%-30% or more

Strong e-commerce sales are predicted to help lift overall holiday retail spending in the U.S., according to forecasts released today by the National Retail Federation and... Read more ...

Andreessen Horowitz just raised $4.5 billion in two new mega funds, helping...

Andreessen Horowitz just raised $4.5 billion in two new mega funds, helping 2020 become a record-breaking year

Summary List Placement Andreessen Horowitz has closed two new mega funds totalling $4.5 billion, bringing its total assets under management to nearly $16.5 billion, it... Read more ...

CEOs Urge Trump To Concede: 'Not A Moment To Waste' In Fighting COVID-19

CEOs Urge Trump To Concede: 'Not A Moment To Waste' In Fighting COVID-19

More than 150 business leaders released a letter calling on President Trump to start the transition process, given the urgent need to tackle the fallout from the coronavirus... Read more ...

Greece faces renewed lockdown as pressure on hospitals rises

Greece faces renewed lockdown as pressure on hospitals rises

THESSALONIKI, Greece - Greece is set to extend its lockdown measures beyond the end of November given the spread of COVID-19 and the pressure on hospitals, the country's health... Read more ...

Hershey drove a record spike in cocoa prices after reportedly sourcing beans...

Hershey drove a record spike in cocoa prices after reportedly sourcing beans from the futures market instead of physical sellers

Summary List Placement Hershey's move into cocoa futures trading pushed the market into chaos this month and boosted prices to record highs. The candy producer bought cocoa... Read more ...

US tells GM to recall nearly 6 million pickup trucks, SUVs with Takata inflators

US tells GM to recall nearly 6 million pickup trucks, SUVs with Takata inflators

The decision announced Monday by the National Highway Traffic Safety Administration will cost the automaker an estimated $1.2 billion. Read more ...