President-elect Joe Biden cautioned Americans to take steps to remain safe over Thanksgiving as COVID-19 cases soar, while President Trump pardoned former aide Michael Flynn, who had twice pleaded guilty to lying to the FBI.
Business & Financial News, U.S & International Breaking News
Trump order could spark mass firings of civil servants, lawmakers warn
U.S. government civil servants could face mass firings under an executive order before President Donald Trump leaves office and Democratic lawmakers, watchdog groups and unions are mobilizing to block the move.
Tesla's upcoming S&P 500 debut fuels 'crazy' trading volume
If you traded a stock in the past week, there's a fair chance it was Tesla.
Amazon's cloud service sees widespread outage
Amazon.com Inc's widely used cloud service, Amazon Web Services (AWS), is experiencing a large-scale outage, the company said on Wednesday, affecting users ranging from websites to software providers.
Biden will struggle to cut defense spending despite pressure
President-elect Joe Biden will come under immense pressure from progressives in the Democratic party to cut the defense budget once he takes office in January.
S&P 500, Dow pull back from all-time closing highs after grim jobless data
The S&P 500 index closed lower on Wednesday as mounting U.S. layoffs in the wake of new mandated lockdowns to contain surging COVID-19 infections dampened investor risk appetite.
African envoys head for Ethiopia as ultimatum expires for assault
African envoys went to Ethiopia to plead for peace on Wednesday, hours before an ultimatum was to expire for Tigrayan forces to surrender or face an assault on the northern region's capital that rights groups fear could bring huge civilian casualties.
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