NEW YORK (Reuters) -Wall Street advanced on Wednesday as a pending stimulus deal and falling jobless claims prompted investors to bet on an economic recovery from the global health crisis.
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.
(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.
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.
NEW YORK (Reuters) -Oil prices rose more than 2% on Wednesday, boosted by draws in U.S. inventories of crude, gasoline and distillates that lifted investors' hopes for some return in fuel demand.
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.
The U.S. Securities and Exchange Commission (SEC) on Wednesday asked for public comment on broker-dealer custody of digital assets and how the broker-dealers should be regulated when holding these products and recommending them to investors, the agency said in a statement.
NEW YORK (Reuters) -Stocks rose on Wednesday as investors waved away a threat by U.S. President Donald Trump not to sign a pandemic relief bill, while the British pound soared on rising expectations of a Brexit trade deal.
(Reuters) -The families of victims killed in two crashes by Boeing Co's 737 MAX want U.S. regulators to rescind approval for the planes to fly again, following a Senate report that raised concerns about the re-approval process.
Consumer spending dropped in November for the first time since the recovery from the recession started in May, weighed down by a plunge in income. Fred Katayama reports.
It's been a bumper year for one second-hand kitchen seller in Japan. Tenpos Busters has bought double the amount of old equipment after the global health crisis forced many restaurants to close. Flora Bradley-Watson reports.
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