U.S. job growth rose solidly in July amid demand for workers in the services industryVIEW MORE
EDITION:INTERNATIONAL
BUSINESS NEWS HEADLINES
Analysis-Torrid Moderna stock rally cools over booster shot doubts
Debate over the need for COVID-19 booster shots is clouding the outlook for Moderna Inc's high-flying shares after the U.S. biotechnology company's stock price soared as much as 360% this year, making it the best performer in the S&P 500.
12:07PM EDT
Wall Street slips on tech losses, tax uncertainty weighs
(Reuters) -U.S. stock indexes slipped on Friday led by major technology firms, while uncertainty over higher corporate taxes and an upcoming Federal Reserve meeting also weighed on sentiment.
12:05PM EDT
World shares fall on fears over China, U.S. taxes, central bank policy
World shares fell on Friday, pressured by concerns over China's markets, the potential for a U.S. corporate tax hike and an update on the U.S. Federal Reserve's tapering strategy next week.
12:02PM EDT
Banks beware, outsiders are cracking the code for finance
Anyone can be a banker these days, you just need the right code.
11:57AM EDT
AirAsia has reached deal to restructure Airbus jet order -sources
(Corrects to add phrase "to restructure" in first paragraph)
11:57AM EDT
Analysis-Europe's power firms locked out of record price bonanza
Several European power firms have been shut out of bumper revenues from record high gas and electricity prices as their sales are largely locked in at lower prices, and face extra pressure from governments acting to protect consumers.
11:54AM EDT
Exclusive-Amazon faces Teamsters union drive at nine Canadian sites
(Reuters) -The Teamsters Union has launched campaigns to organize employees in at least nine Canadian facilities of U.S. e-commerce company Amazon.com, according to Reuters interviews with union officials.
11:53AM EDT
RBC resolves U.S. SEC charges over bond abuses, is fined
(Reuters) -A Royal Bank of Canada unit was censured and will pay more than $863,000 to resolve U.S. regulatory charges it broke rules meant to give retail and institutional investors priority in buying new municipal bonds.
11:27AM EDT
Bad for business: World Bank China rigging scandal rattles investors
LONDON (Reuters) -Some investors and campaigners expressed dismay on Friday at revelations that World Bank leaders pressured staff to boost China's score in an influential report that ranks countries on how easy it is to do business there.
11:25AM EDT
At unfinished Evergrande apartments in central China, buyers seek answers
A steady stream of anxious apartment buyers flowed into the sales office of the Evergrande Oasis complex outside the city of Luoyang this week, seeking answers after construction was halted by the giant developer's severe cash crunch.
11:22AM EDT
EARLIER
POLITICS VIDEO
01:30
U.S. General's office denies secret calls with China
The office of America's top general on Wednesday pushed back against a report in a new book that he went around the nation's civilian leaders to place secret calls to his Chinese counterpart over concerns about then-President Donald Trump. Tamara Lindstrom reports.
POLITICS NEWS
U.S. Speaker Pelosi: Capitalism has not served our economy as well as it could
Capitalism has not served the U.S. economy as well as it could have, U.S. House of Representatives Speaker Nancy Pelosi said on Friday, saying that the system needed to be improved.
Five congressional Republicans targeted by Trump's revenge endorsements
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