Stock futures show gains ahead of monthly jobs report

[ad_1] First Trust Advisors chief economist Brian Wesbury discusses the bipartisan rescue plan being considered by Congress. US equity futures indicate higher open as traders wait for the biggest economic report of the month. The major futures indices suggest a rise of 0.4% when the Friday trading session begins on Wall Street. GET FOX BUSINESS … Read more

Southwest Airlines advises nearly 7,000 employees they may be on leave

[ad_1] Association of Flight Attendants President Sara Nelson stresses the need for increased federal assistance “to keep people in their jobs” and connected to health care, as well as to maintain service to communities. Southwest Airlines, which has never laid off a worker in its 49-year history, informed 6,828 employees on Thursday that they could … Read more

GOP Senator Gets ‘Substantial Profits’ From Opioid Epidemic In Georgia Election Runoff: Report – Raw Story

[ad_1] On Thursday, 11Alive news reported another round of oddly timed stock trades by Sen. David Perdue (R-GA) – this time linked to the opioid crisis – and that Perdue made “substantial profits” from the trades. “Almost five years ago, the US Senate Judiciary Committee met to examine the opioid crisis for the first time,” … Read more

US adds China’s minimum wage and CNOOC to defense blacklist

[ad_1] By Alexandra Alper, Humeyra Pamuk WASHINGTON (Reuters) – The Trump administration on Thursday added China’s leading chipmaker, SMIC, and oil giant CNOOC, to a blacklist of alleged Chinese military companies, drawing condemnation from Beijing as President-elect Joe Biden is preparing to take office. FILE PHOTO: A logo of Semiconductor Manufacturing International Corporation (SMIC) can … Read more

Authorities accuse Facebook of discriminating against Americans in hiring

[ad_1] The Trump administration accuses Facebook of discriminating against American workers in favor of foreigners with special visas to fill more than 2,600 high-paying jobs. In a lawsuit announced Thursday, the Justice Department alleges that the social media company refused to recruit, consider or hire qualified U.S. workers for positions it had reserved for temporary … Read more

UWM to go public in biggest SPAC deal in history

[ad_1] Mat Ishbia, CEO of United Wholesale Mortgage, joins the Yahoo Finance Live panel to discuss his company’s IPO in the largest SPAC deal in history. Video transcript AKIKO FUJITA: United Wholesale Mortgage is the latest release to market through a SPAC. The nation’s second-largest mortgage provider, thanks to a $ 16 billion merger with … Read more

US adds China’s minimum wage and CNOOC to defense blacklist

[ad_1] By Alexandra Alper, Humeyra Pamuk WASHINGTON (Reuters) – The Trump administration on Thursday added China’s leading chipmaker, SMIC, and oil giant CNOOC, to a blacklist of alleged Chinese military companies, drawing condemnation from Beijing as President-elect Joe Biden is preparing to take up his duties. FILE PHOTO: A logo of Semiconductor Manufacturing International Corporation … Read more

Asian stocks hit record high as US stimulus is within reach

[ad_1] TOKYO (Reuters) – Asian stocks hit an all-time high on Friday on growing prospects for a major US economic stimulus package, while hopes that the coronavirus vaccine rollout will boost the global economy supported sentiment investors. FILE PHOTO: A woman looks at a screen showing the Nikkei Index outside a brokerage house in Tokyo, … Read more

Tesla Semi wins companion in Volvo VNR Class 8 electric truck

[ad_1] Volvo recently introduced its VNR Electric Class 8 truck, which could be a good companion for the Tesla Semi on North American roads. The Volvo VNR Electric is equipped with a 264 kWh battery with a range of up to 150 miles, depending on the truck configuration. The fully electric Volvo heavy truck can … Read more