 | | | | Morgan Stanley Chief Executive James Gorman's annual pay rose by $6 million in 2020, according to a regulatory filing released on Friday. | | | | | | The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes for a full economic reopening in the coming months waned. | | | | | | The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen's nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for her to work with them in developing economic policies. | | | | | | U.S. President Joe Biden on Friday ordered the faster issuance of pandemic stimulus checks to needy families and increased food aid for children who normally rely on school meals, an effort to ease Americans' burdens while Congress negotiates over his proposed $1.9 trillion economic stimulus package. | | | | | | President Joe Biden said on Friday the U.S. economic crisis was deepening and that the government needs to take major action now to help struggling Americans. | | | | | | Brazilian miner Vale SA and state authorities narrowed their gap in a potential settlement deal over the Brumadinho mining disaster to 11 billion reais ($2 billion) before talks fell apart, a person close to the negotiations told Reuters on Friday. | | | | | | Private equity firm TPG has entered into exclusive talks to acquire a minority stake in AT&T Inc's satellite TV division, DirecTV, in a deal that would allow the U.S. wireless carrier to trim its net debt of close to $150 billion, people familiar with the matter said on Friday. | | | | | | A gauge of stocks across the world slipped from record highs on Friday and oil prices fell to end the week little changed as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets. | | | | | | United Airlines may make the COVID-19 vaccine mandatory for employees, and other companies should do the same, United Chief Executive Officer Scott Kirby told workers at a meeting on Thursday, according to a transcript reviewed by Reuters. | | | | | | Mediaset has lodged an appeal against a court ruling that lifted restrictions placed on French media giant Vivendi's stake in the Italian broadcaster, two legal sources said on Friday. | | | | | |
