President-elect Joe Biden cemented his election victory by capturing the battleground state of Arizona, but the official transition to his administration remains stalled as President Donald Trump refuses to accept defeat.
U.S. producer prices increased for a sixth straight month in October amid more expensive food and gasoline, but the trend remained moderate, supporting views of tame inflation given labor market slack and a resurgence in new coronavirus cases.
Ousted Nissan Motor Co chairman Carlos Ghosn's legal woes deepened on Friday with the start of a civil trial in Yokohama, Japan, where his former employer is seeking 10 billion yen ($95 million) in damages.
China will strike back against any moves that undermine its core interests, its foreign ministry said on Friday, after U.S. Secretary of State Mike Pompeo said that Taiwan "has not been a part of China".
DoorDash Inc showed a surge in revenue growth in 2020 and reported a quarterly profit for the first time in its IPO filing on Friday, as the U.S. food delivery startup prepares for what is set to be one of the year's most high-profile market debuts.
The change in the U.S. administration is expected eventually to bring a steadier troop withdrawal from Afghanistan, officials and analysts said, but the disputed presidential election has heightened uncertainty and could deepen delays in peace talks.
The Alaska congressman who once ridiculed the seriousness of the novel coronavirus, calling it the “beer virus,” said on Thursday he is now infected with it.
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