Wednesday, 23 December 2020

U.S. faces risk of government shutdown as Trump balks at COVID-19 relief deal

U.S. faces risk of government shutdown as Trump balks at COVID-19 relief deal

WASHINGTON (Reuters) -Americans on Wednesday faced the prospect of a government shutdown during a pandemic as outgoing President Donald Trump, angry at his fellow Republicans in Congress, demanded dramatic changes to a $2.3 trillion government funding and coronavirus aid package.

American Airlines moves ahead with worker recalls even as Trump balks at aid deal

CHICAGO (Reuters) -American Airlines said on Wednesday it is moving forward with plans to bring back furloughed workers and give them paychecks by Dec. 24, even after President Donald Trump threatened to veto a coronavirus relief bill.

Trump's COVID bill delay leaves millions of desperate Americans in limbo

President Donald Trump's threat late Tuesday to veto the $892 billion coronavirus relief bill approved by Congress this week may delay aid for millions of families on the cusp of eviction and about to lose unemployment benefits.

Nuro gets first California OK to charge money for self-driving services

(Reuters) -Robotics company Nuro on Wednesday received the first-ever permit to commercially deploy its self-driving vehicles in California, allowing the Silicon Valley firm to charge clients for its driverless delivery service.

Stocks shrug off Trump's stimulus threat; pound jumps on Brexit trade deal hopes

NEW YORK (Reuters) -Stocks rose on Wednesday as investors waved away a threat by U.S. President Donald Trump not to sign a bill including nearly $900 billion in pandemic relief, while the British pound soared on rising expectations of a Brexit trade deal.

Wall Street ends higher as investors bet on recovery

NEW YORK (Reuters) -The S&P 500 closed in positive territory on Wednesday as an expected stimulus deal and falling jobless claims prompted investors to put their money into sectors most likely to benefit from the economy re-opening when it recovers from the global health crisis.

Pfizer, U.S. strike 100 million COVID-19 vaccine deal with 70 million due by June

The U.S. government will pay Pfizer Inc nearly $2 billion for 100 million additional doses of its COVID-19 vaccine to bolster its supply as the country grapples with a nationwide spike in infections.

U.S. SEC chief Clayton to exit agency after Dec. 23

U.S. Securities and Exchange Commission Chairman Jay Clayton will leave the agency on Dec. 23, he said in a statement.

Visa continues Pornhub ban, to allow card use on some of its parent's sites

(Reuters) -Visa Inc said on Wednesday it would allow usage of its cards on Pornhub-owner MindGeek's platforms that host professionally produced adult studio content, but would continue to decline processing payments coming from Pornhub itself.

U.S. regulator modifies ban to allow Mahindra to sell new Roxor models in Jeep case

DETROIT (Reuters) -A U.S. regulator ruled on Wednesday that Mahindra and Mahindra Ltd's new design for its Roxor off-road utility vehicle did not infringe the intellectual property rights of Fiat Chrysler Automobiles' Jeep brand, six months after barring the sale of older models.

Related Videos

Consumers cut back on spending as income drops

Shut restaurants means boom for secondhand seller

2020ibmSec_Artboard_1reutersAd.jpg
Sponsored by IBM: Risk Quantification

Explore how putting security risk in financial terms helps your executives make decisions, connecting security risk management with business strategy.

LEARN HOW TO QUANTIFY RISK