Business
UK Supreme Court Allows $18.5 Billion Class Action Against Mastercard To Proceed
A 14 billion pound ($18.5 billion) class action against Mastercard for allegedly overcharging more than 46 million people in Britain over a 15year period was on Friday shown the green light by the UK Supreme Court.
'Avoid Getting Caught': Report Details How Carlsberg, SABMiller and UB Fixed Beer Prices in India
Top executives of Carlsberg, SABMiller and India's United Breweries (UB) exchanged commercially sensitive information and colluded to fix beer prices in India over 11 years, according to a government antitrust investigation report seen by Reuters.
Tenet Healthcare, Verint Systems Rise; Ciena, Fluor Fall
Stocks that moved heavily or traded substantially Thursday:
Business Events Scheduled For The Coming Week
Business events and economic reports scheduled for the coming week.
Gold Reverses Gains As Investors Look Past Weak U.S. Jobs Data
Gold eased on Thursday as a failure to significantly breach the $1,850 per ounce resistance level prompted technical selling, with persistent overall vaccinedriven optimism also prompting investors to look past weak U.S. jobs data.
Mnuchin To Recommend Next Treasury Secretary Sell $700 Billion YRC Loan
U.S. Treasury Secretary Steven Mnuchin said on Thursday he will recommend that his successor next year consider selling to a third party the $700 billion emergency government loan made to trucking company YRC Worldwide at a profit to taxpayers.
Global Markets: ECB Goes Easy; Brexit Goes Sour
A generous extra helping of European Central Bank stimulus lifted the euro and kept Europe's stock markets steady on Thursday, but Britain's pound saw its biggest drop in almost a month after overnight Brexit talks turned sour.
From Romance Scams To Phantom PPE, Banks Battle Coronavirus Crimewave
Fraud risk analyst Rajendran Raj was used to the odd outofhours alert from authorities, but a call one Saturday in March heralded a new era, of tackling criminals seeking to cash in on coronavirus.
Global Markets: Stocks Take A Breather As Brexit, U.S. Stimulus Talks Stall
Asian equities eased from record highs on Thursday as stalled U.S. stimulus talks and a selloff in tech stocks weighed, while sterling traders sat on a knife's edge as lastditch Brexit negotiations yielded only an agreement to keep talking.
Exclusive: Goldman Escalates Diversity Push At Portfolio Companies; Activists Want More
Goldman Sachs Group's assetmanagement arm will pressure U.S. companies to appoint more women and members of underrepresented groups to their boards, an executive said, but will stop short of setting specific numerical targets for racial and ethnic diver...
Decline in Gold and Silver Prices on December 10; Read the Rate in Your City Here
If you would like to purchase 10 grams of 22-carat gold in Delhi, you will be paying around Rs 48,770, while the same quantity of 24-carat gold costs Rs 53,200 in Delhi on December 10.
Google CEO Says Company Will Review AI Scholar's Abrupt Exit
Google CEO Sundar Pichai has apologized for how a prominent artificial intelligence researcher's abrupt departure last week has seeded doubts in the company.
P&G Names Schulten To Succeed Moeller As CFO
Procter & Gamble said on Wednesday Andre Schulten, currently senior vice president of its baby care unit in North America, would succeed longtime finance chief Jon Moeller in March.
P&G Names Andre Schulten As CFO Replacing Jon Moeller
Procter and Gamble named Andre Schulten, currently senior vice president of its baby care unit in North America, as its new chief financial officer, replacing Jon Moeller.
Oil Climbs On Vaccine Hopes, Weaker Dollar
Oil prices climbed on Wednesday as news about COVID19 vaccines lifted investor hopes for a recovery in fuel demand and the U.S. dollar, in which oil is traded, reached 2 1/2year lows.
Pandemic Tames Health Care Cost Growth For Some Employers
Large U.S. employers saw their smallest health care cost increase in more than two decades due to COVID-19, and workers may benefit from that next year, according to the consulting firm Mercer.