Today's Top Story
Asian shares hit record high as U.S. stimulus seen within reach
TOKYO (Reuters) - Asian shares scaled a record high on Friday on the growing prospect of a large U.S. economic package, while hopes that vaccine rollouts will boost the global economy underpinned investor sentiment. Read More
Business News
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U.S. expected to report slowest job growth in six months
WASHINGTON (Reuters) - U.S. employers likely hired 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.
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Top AI ethics researcher says Google fired her; company denies it
OAKLAND, Calif. (Reuters) - A top Google scientist on ethical artificial intelligence says she was fired after criticizing the company's diversity efforts, a claim the Alphabet Inc unit disputed on Thursday, in the latest brush-up between the internet giant and worker activists.
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U.S. in talks with Huawei CFO Meng on resolving criminal charges: source
(Reuters) - U.S. prosecutors are discussing a deal with lawyers for Huawei finance chief Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the United States, China and Canada.
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Economic News
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U.S. expected to report slowest job growth in six months
WASHINGTON (Reuters) - U.S. employers likely hired 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.
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Asian shares hit record high as U.S. stimulus seen within reach
TOKYO (Reuters) - Asian shares scaled a record high on Friday on the growing prospect of a large U.S. economic package, while hopes that vaccine rollouts will boost the global economy underpinned investor sentiment.
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$908 billion coronavirus aid bill draws conservative backing in U.S. Congress
WASHINGTON (Reuters) - A bipartisan, $908 billion coronavirus aid plan gained momentum in the U.S. Congress on Thursday as conservative lawmakers expressed their support and Senate and House of Representatives leaders huddled.
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Money News
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U.S. regulatory panel warns pandemic driving 'elevated' financial risks
WASHINGTON (Reuters) - A potential wave of bankruptcies and a collapse in the commercial real estate market in the United States could weigh heavily on smaller banks, a regulatory panel said on Thursday in an assessment of risks to financial stability from the pandemic.
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Australia's Macquarie splurges $1.7 billion on U.S. adviser Waddell & Reed
SYDNEY (Reuters) - Australia's Macquarie Group said on Thursday it would buy U.S. wealth manager Waddell & Reed Financial Inc for $1.7 billion, its first major deal under a new CEO that expands its presence in the world's largest retail finance market.
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Loeb's Third Point funds gain in November, up double-digits YTD
BOSTON (Reuters) - Daniel Loeb's Third Point LLC funds posted strong gains in November to extend year-to-date returns into the double digits after the billionaire investor overhauled his portfolio and the firm a few months ago.
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