 | | | | The United States International Trade Commission (ITC) on Wednesday delayed a decision in a trade secrets case involving South Korean battery makers LG Chem and SK Innovation to Feb. 10. | | | | | | Citigroup Inc Chief Financial Officer Mark Mason said on Wednesday that the bank is more likely to report loan loss reserve releases than builds starting in the fourth quarter. | | | | | | Major U.S. airlines are preparing for a massive airlift of COVID-19 vaccines that will not only boost their cargo business, but help bring back passenger flights that shut down during the pandemic, executives told Reuters. | | | | | | Starbucks Corp Chief Executive Officer Kevin Johnson said customers will flock back to cafes once the coronavirus pandemic is over, even as the company builds more walk-thru locations without seating in major cities. | | | | | | The dollar rose for a fourth straight session on Wednesday, as selling momentum eased with stocks under pressure, but positive vaccine news and prospects of more U.S. fiscal stimulus next year should temper gains on the greenback. | | | | | | NEW YORK (Reuters) -U.S. stocks closed lower on Wednesday, retreating from record levels as investors grew discouraged over the halting progress of economic stimulus talks, while a drop in Facebook shares provided an additional drag. | | | | | | A Canadian border official warned police not to use passcodes gathered by border agents to access Huawei Chief Financial Officer Meng Wanzhou's phones following her arrest by the federal police two years ago, the official testified in court on Wednesday. | | | | | | (This Dec 1 story changes amount of fines for this year in second paragraph to $1.33 billion from $1.32 billion, also changes fines for last year to $1.32 billion from $1.33 billion.) | | | | | | NEW YORK (Reuters) -Oil prices settled little changed on Wednesday as investors weighed an unexpected jump in U.S. crude stockpiles against optimism that a fast rollout of a coronavirus vaccine would fuel a recovery in global oil demand. | | | | | | Britain's decision to suspend tariffs on Boeing jets and other U.S. goods has stunned the planemaker's European rival Airbus and exposes a growing rift between the UK and Europe over aerospace investment, industry sources and analysts said. | | | | | |
