 | | | | Greece's Alpha Bank has selected U.S. investment fund Davidson Kempner as its preferred bidder to buy a $12 billion portfolio of non-performing loans, sources told Reuters. | | | | | | Apple Inc and AT&T asked the judge hearing the Justice Department's lawsuit against Alphabet's Google on Friday to allow them to designate certain data in the complaint "highly confidential," to ensure that no-one from Google could see it. | | | | | | U.S. stocks closed lower on Friday as investors wrestled with fiscal stimulus developments, concerns over a lengthy rollout of vaccines, and a growing number of state-level shutdowns to combat the spiraling COVID-19 pandemic. | | | | | | Pfizer Inc applied to U.S. health regulators on Friday for emergency use authorization (EUA) of its COVID-19 vaccine, the first such application in a major step toward providing protection against the new coronavirus. | | | | | | U.S. Treasury Secretary Steven Mnuchin on Friday pushed back against criticism of his decision to de-fund several Federal Reserve coronavirus lending programs on Dec. 31, saying the next administration would still have an $800 billion "bazooka" to quell financial market distress. | | | | | | Rising coronavirus infection rates and dwindling aid for the U.S. economy gave investors pause on Friday, sending stock prices and bond yields lower during U.S. trading. | | | | | | U.S. Treasury Secretary Steven Mnuchin's decision to claw back funds from Federal Reserve coronavirus lending programs will not "hamstring" the next Treasury secretary because the move will leave nearly $600 billion in cash that could quickly aid workers and businesses, a senior Treasury official said on Friday. | | | | | | The uneasy balance between the wildfire-like spread of the coronavirus in the United States and an economy that remains largely open may be tested in coming weeks if face mask mandates and other lighter-touch measures fail to control the crisis. | | | | | | A Canadian court is expected to hear from additional police witnesses on Friday as the second week of witness testimony wraps up in the case to extradite the chief financial officer of Chinese telecoms giant Huawei to the United States. | | | | | | The surge in new COVID-19 infections is driving a fresh wave of restrictions in cities and counties across the United States. | | | | | |
