 | | | | The Nasdaq ended Friday at a new peak but the other main Wall Street indexes fell, reflecting the mixed sentiment stemming from a disappointing U.S. jobs report which raised fears about the pace of economic recovery but weakened the argument for near-term tapering. | | | | | | American Airlines said on Friday it would not provide special leave from next month to unvaccinated employees who have to quarantine due to COVID-19. | | | | | | Lyft Inc will cover all legal fees for the ride-hail company's drivers sued under a new Texas law imposing a near-total ban on abortion, Chief Executive Logan Green said on Friday. | | | | | | The Nasdaq closed Friday at a fresh record but Wall Street's main indexes headed into the Labor Day weekend in mixed fashion, reacting to a disappointing U.S. jobs report which raised fears about the pace of economic recovery but weakened the argument for near-term tapering. | | | | | | Attaining its goal of maximum employment has always been a tall order for the Federal Reserve but broadening the scope of that objective to one that is also "broad and inclusive" has made the task tougher still, with Friday's payrolls report standing as a case in point. | | | | | | U.S. auto safety regulators on Friday disclosed they are investigating a July 26 fatal crash in New York involving a Tesla that may have been using an advanced driver assistance system. | | | | | | Strong late-summer back-to-school sales could provide U.S. retailers some needed momentum after many sector shares lagged the broader market in recent months. | | | | | | Big tech shares edged higher on Friday, helping a benchmark world stock index post a sixth consecutive closing high, after a weak U.S. jobs report likely pushed back the timetable for when the Federal Reserve reduces its massive support of the economy. | | | | | | The U.S. economy created the fewest jobs in seven months in August as hiring in the leisure and hospitality sector stalled amid a resurgence in COVID-19 infections, which weighed on demand at restaurants and hotels. | | | | | | The U.S. government is ending its criminal case against Zuercher Kantonalbank for helping wealthy Americans evade taxes, after the Zurich lender paid $98.5 million and complied with a three-year deferred prosecution agreement. | | | | | |
