 | | | | Delta Air Lines and the union representing its pilots said on Friday they remain in talks to avoid furloughs after 1,806 pilots agreed to early retirement programs, with the airline pointing to the outlook for a pandemic recovery as key to its final decision. | | | | | | The United States and the European Union on Friday announced a mini-deal valued at around $200 million to cut import tariffs on a small range of products, including U.S. lobsters, in a sign of easing transatlantic trade tensions. | | | | | | Apple Inc on Friday alleged that Epic Games' chief executive had asked it for a "side letter" to create its own game store within the iPhone maker's App Store, which Apple said would have upended the store's commission-based business model. | | | | | | After a California appeals court on Thursday halted a law requiring the reclassification of ride-hail drivers of Uber Technologies Inc and Lyft Inc as employees, the decision over gig worker benefits and pay will likely be left to voters. | | | | | | Upbeat readings on U.S. business activity and home sales helped push global equities and the dollar higher on Friday, counteracting earlier stock declines in Europe. The dollar's gain put it on track to break an eight-week losing streak. | | | | | | The Nasdaq hit a record high on Friday, while the S&P 500 and Dow also gained, as data pointed to some pockets of strength in the U.S. economy. | | | | | | The coronavirus pandemic is upending the way U.S. consumers shop and the holidays will be no exception as major retailers and shippers roll out their earliest-ever shopping season. | | | | | | Oil producing countries in the OPEC+ group that pumped above supply targets from May to July will need to slash output by over a million barrels per day for two months to compensate, according to OPEC sources and an internal OPEC+ report seen by Reuters. | | | | | | Amazon.com Inc on Friday said its longtime executive and consumer chief Jeff Wilke plans to retire after more than two decades with the company, a decision that appeared to take him out of line to succeed CEO and founder Jeff Bezos. | | | | | | Chinese electric vehicle (EV) manufacturer XPeng Inc said it hopes to raise up to $1.11 billion in its initial public offering (IPO) in New York, seeking to ride the enthusiasm for EVs even as U.S.-China relations remain strained. | | | | | |
