After weeks of waiting, President Donald Trump's administration cleared the way for President-elect Joe Biden to transition to the White House, giving him access to briefings and funding even as Trump vowed to continue fighting the election results.
The outgoing administration of U.S. President Donald Trump on Monday issued a new temporary rule that could require tourist and business travelers from two dozen countries, most in Africa, to pay a bond of as much as $15,000 to visit the United States.
Tesla shares rose 6% on Monday, approaching a $500 billion market value and extending gains to 27% since news a week ago that the electric car maker will debut in the S&P 500 in December, forcing index funds to buy billions of dollars of its stock.
Apple Inc's security chief on Monday was indicted on bribery charges as prosecutors alleged he promised a donation of 200 iPads to the Santa Clara County Sheriff's Office to secure four concealed-weapon permits for Apple employees.
Chicago Federal Reserve Bank President Charles Evans said Monday there is still "quite a long ways to go" for the U.S. recovery from the coronavirus crisis, adding that he expects the Fed to keep interest rates at their current near-zero level until perhaps into 2024.
The head of NATO and a top European Union official on Monday invited U.S. President-elect Joe Biden to rebuild transatlantic ties and meet with Washington's European allies next year.
A Canadian police officer involved in the arrest of Huawei Chief Financial Officer Meng Wanzhou two years ago in a U.S. extradition case testified on Monday he did not plan to obtain her mobile phone passcodes or search her electronic devices.
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