 | | | | Spirit Airlines Inc flight attendants are receiving double pay on any work through Jan. 4, their union said, as the budget carrier scrambles to keep its schedules intact after U.S. airlines were hammered by a week of mass cancellations. | | | | | | CES will now end a day earlier than planned, the organizer of the global technology and gadget show said, after companies including Amazon.com Inc and General Motors Co dropped out of attending the Las Vegas event in person due to Omicron concerns. | | | | | | Bank of America Corp is encouraging employees to work remotely in the first week of January, according to a person familiar with the matter, as a spike in COVID-19 cases in the United States force Wall Street banks to postpone return-to-office plans. | | | | | | Wall Street edged lower in light trading on Friday, with investors taking a breather as they prepared to ring in the new year and close the books on 2021, marking the second year of recovery from a global pandemic. | | | | | | The dollar index dipped on Friday in quiet holiday trading, but was set to end 2021 with a gain of nearly 7% as investors bet the U.S. Federal Reserve will raise rates earlier than most other major economies amid surging inflation driven by COVID-19 stimulus initiatives. | | | | | | Investors have piled into traditionally defensive stocks in the last weeks of the year, spurring a rally some believe may lose steam early in 2022. | | | | | | Purdue Pharma is seeking to appeal to the 2nd U.S. Circuit Court of Appeals a judge's decision to unravel its restructuring plan that would have insulated its owners from liability in civil opioid-related cases, according to a court filing late on Thursday. | | | | | | Chinese gaming and social media company Tencent Holdings Ltd has taken a small stake in Britain's Monzo as part of a fundraising, the digital bank said on Friday, just weeks after it fetched a valuation of $4.5 billion. | | | | | | U.S. equity funds received robust inflows for a second week in the seven days to Dec. 29 as investors welcomed signs that the Omicron coronavirus variant won't bring a big setback to the economy. | | | | | | India's competition watchdog on Friday ordered an investigation into Apple Inc's business practices in the country, saying it was of the initial view that the iPhone maker had violated certain antitrust laws. | | | | | |
