Tuesday, 21 December 2021

Reuters Business: Delta CEO asks CDC to cut quarantine time for breakthrough COVID cases

Delta CEO asks CDC to cut quarantine time for breakthrough COVID cases

Delta Air Lines Chief Executive Ed Bastian on Tuesday asked the head of the Centers for Disease Control and Prevention (CDC) to shrink quarantine guidelines for fully vaccinated individuals who experience breakthrough COVID-19 infections, citing the impact on the carrier's workforce.

Musk's SpaceX hit by 132 COVID-19 cases

Elon Musk's SpaceX rocket company has reported 132 COVID-19 cases at its California headquarters, a fourth of the total number of cases in non-residential locations in Los Angeles County, according to county data.

Dollar slips as risk-sensitive currencies advance

The U.S. dollar dipped slightly on Tuesday as improving risk sentiment boosted riskier currencies such as the Australian dollar and the British pound.

U.S. consumer bureau orders fintech firm LendUp to halt new loans, pay fine

The U.S. Consumer Financial Protection Bureau (CFPB) said on Tuesday it ordered LendUp Loans to pay a $100,000 penalty, halt issuing new loans and stop collecting on certain outstanding ones after repeated deceptive marketing and other fair-lending violations.

Wall Street closes up strongly with boost from Nike, Micron, following Omicron slide

Wall Street's main indexes ended sharply higher on Tuesday, with strength in travel and tech shares as well as in Nike and Micron Technology following their earnings, as stocks rebounded from a coronavirus-fueled rout the session before.

Facebook, Twitter, Pinterest drop CES plans over COVID-19 concerns

Facebook parent Meta Platforms Inc , Twitter Inc and Pinterest Inc separately said on Tuesday they will not send teams to the Consumer Electronics Show (CES) in Las Vegas next month as concerns grow about the Omicron variant of the coronavirus.

Wall Street surges after Omicron selloff, with boost from Nike, Micron

Wall Street's main indexes jumped on Tuesday, with strength in travel and tech shares as well as in Nike and Micron Technology following their earnings, as stocks rebounded from a coronavirus-fueled rout the session before.

U.S. business borrowing for equipment rises 8% in Nov - ELFA

U.S. companies borrowing funds to finance their investments in equipment rose 8% in November, compared with a year earlier, Washington-based Equipment Leasing and Finance Association (ELFA) said on Tuesday.

Walmart limits online ordering of COVID-19 tests to eight kits

Walmart Inc said on Tuesday demand for at-home COVID-19 testing kits was "extremely high" and that it had set a limit of eight test kits per online order.

Wells Fargo delays plans for employee return to office amid Omicron surge

Wells Fargo & Co said on Tuesday it has delayed its plans for employees to return to the office "given the changing external environment," according to a statement, the latest bank to adjust plans as the Omicron variant spreads.

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