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Wall Street Opens Higher, Shrugging Off Jobless Rise; Dow up 150 Pts

By Geoffrey Smith  Investing.com -- U.S. stock markets opened higher on Thursday, focusing on the prospect of a stimulus package from Congress rather than on signs of a further slowdown in the U.S. economy. The S&P 500 and Nasdaq Composite both hit new record highs against a backdrop of reports suggesting that Congress would pass a package including direct checks to household and a...

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Irish data regulator defends order to halt Facebook data flow

DUBLIN (Reuters) - Ireland's data regulator defended its provisional order to halt Facebook (NASDAQ:FB) user data transfers to the United States from the European Union, telling the Irish High Court on Thursday such decisions were not typically subject to court oversight. Ireland's Data Protection Commission, the EU's lead regulator for Facebook, issued...

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ICE exchange to host UK emissions auctions from next year

(Reuters) - Britain has appointed the Intercontinental Exchange (ICE (NYSE:ICE)) to host emissions auctions once the UK's trading scheme begins next month, the exchange operator said on Thursday. On Monday, the British government announced its plans for a domestic emissions trading scheme (UK ETS) to replace its participation in the European scheme from Jan. 1, after the country formally leaves the European...

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England test and trace says now reaching over 92% of contacts

LONDON (Reuters) - England's COVID-19 test and trace system reached a record 92.7% of contacts of positive cases, the latest weekly statistics showed, helped by increases in the numbers of calls and callers as well as a recent change in how children are traced. The proportion of contacts reached was up from 85.9% the previous week. Figures have been well up...

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EU does not expect UK trade deal by Friday – sources

BRUSSELS (Reuters) - Two European Union diplomats and an official with the bloc said on Thursday they did not expect a new trade deal with Britain to come together by Friday, saying negotiators were still apart on the sensitive issue of fisheries. A source with the European Parliament told Reuters separately that the bloc's Brexit negotiator, Michel Barnier, told lawmakers earlier...

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Roku, Lennar and Novavax Rise Premarket

By Peter Nurse  Investing.com -- Stocks in focus in premarket trade on Thursday, December 17th. Please refresh for updates. Alphabet (NASDAQ:GOOGL) stock rose 0.3% despite ten U.S. states bringing a lawsuit against Google, accusing the search giant of “anti-competitive conduct" in the online advertising industry.  Moderna (NASDAQ:MRNA) stock rose 1.1% ahead of a...

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BlackRock Sees ‘Advantageous’ Trade in Dividend Stocks Next Year

(Bloomberg) -- The stocks that appeal to investors looking for a steady stream of income are back in favor and may continue to beat bonds in a world of historically low rates, according to BlackRock Inc (NYSE:BLK). After several companies cut or suspended their dividends earlier in the year and “arguably scared investors away,” expectations for payments have stabilized, said Tony DeSpirito, chief...

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EU proposes new airport slots rules for summer 2021

By Marine Strauss BRUSSELS (Reuters) - The European Commission proposed on Wednesday new rules on airport slots for summer 2021, allowing airlines to keep those slots if they use 40% of them instead of the normal 80% as the travel industry recovers from the COVID-19 pandemic. In March, the European Commission introduced a waiver of the normal rule to avoid airlines operating...

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