Omicron Covid variant likely circulating for longer ? and more widely ? than thought, experts say

There are increasing signs of community transmission as cases emerge with no travel links to southern Africa.

Barclays, RBS, HSBC, Credit Suisse and UBS fined for taking part in forex trading cartel

The European Commission probe found that traders occasionally coordinated trading plans via a chatroom called Sterling Lads.

U.S. tightens travel testing requirements, mask mandates as part of broader plan to fight Covid

The Biden administration is tightening travel rules to the U.S., requiring all in-bound international passengers to test for Covid within 24 hours of departure.

Dow rebounds by 500 points as market volatility from omicron continues

Stocks rebounded on Thursday from a sell-off in the previous session spurred by the arrival of the latest Covid variant on U.S. shores.

Oil rises as OPEC+ sticks to January output hike

OPEC+ will convene to determine whether to stick with its plan to release more oil into the market or to restrain supply amid fears over the omicron variant.

Scientists identify reaction that may cause rare blood clots after AstraZeneca Covid vaccine

Scientists claim to have discovered a "potential mechanism" that triggers blood clots in some people who receive the Oxford-AstraZeneca Covid vaccine.

Cramer says to start buying these 'bargain basement stocks' now before omicron fears pass

"For days I've told you we were waiting for the other shoe to drop and it just hit today," the "Mad Money" host said.

This is now the world?s most expensive city to live in, study says

Tel Aviv, Israel is now the most expensive city in the world to live in, according to a biannual report by the Economist Intelligence Unit.

Alec Baldwin says he did not pull the trigger before the bullet struck, killed 'Rust' cinematographer

In a released excerpt of an "ABC News" interview, the actor said he does not know how a live bullet ended up on the set of the film.

Jobless claims less than expected as labor market returns to pre-pandemic self

Initial claims for unemployment insurance were expected to total 240,000 for the week ended Nov. 27, according to economists surveyed by Dow Jones.

Hewlett Packard Enterprise CEO says navigating the chip shortage won't be easy ? but end is in sight

Navigating the chip shortage is going to be difficult but the end is in sight, according to Antonio Neri, president and CEO of Hewlett Packard Enterprise.

South Africa considers vaccine mandates as omicron cases spiral

After first identifying the omicron Covid-19 variant, South Africa is bracing for a fourth wave of infections.

This map shows where the Covid omicron variant has been detected

From the U.S. to Germany and Saudi Arabia to Australia, the omicron Covid-19 variant has spread to dozens of countries globally.

ECB faces calls to be clearer on inflation after Fed's Powell drops 'transitory'

Fed's Powell tweaked his tone about inflation. Now, economists in Europe say the European Central Bank needs to do the same.

WeChat Pay exec says he hopes payments business can be ?in all places,? as rivalry with Alibaba eases

Barriers between China's tech giants like Alibaba and Tencent are coming down as the companies rush to comply with Beijing's anti-monopoly crackdown.

Jack Dorsey's Square changes corporate name to Block

Square is renaming itself Block as it focuses on technologies such as blockchain and expands beyond its original credit card-reader business.

'The crisis is not yet over': Omicron variant could deal another blow to supply chains

Just as it appeared like the crisis was beginning to stabilize, the industry may now face yet another blow: the new omicron Covid variant.

OPEC to decide on oil output policy as omicron Covid variant rattles markets

There is little sign OPEC+ intends to change course from its current output plan of a monthly hike of 400,000 barrels per day.

GM to form new joint venture to produce crucial materials for EVs

GM and South Korea-base Posco plan to open a new North American facility to process critical battery materials known as Cathode Active Material in 2024.

Razer shares fall nearly 8% after group including co-founder offers to take company private

A consortium that includes co-founder Tan Min-Liang made an offer to take the Hong Kong-listed gaming hardware company private.

Qualcomm jumps into hot gaming market with new chip for portable game consoles

The Snapdragon G3x chip will debut in a portable device made by Razer that resembles a Nintendo Switch that can play Android games.

CDC confirms first U.S. case of omicron Covid variant has been detected in California

The CDC said Wednesday it has confirmed the first U.S. case of the new, heavily mutated coronavirus variant called omicron has been detected in California.

Asia-Pacific stocks mixed as uncertainty about omicron lingers; Razer shares plunge in Hong Kong

Stocks in Asia-Pacific struggled for direction on Thursday, as concerns over the omicron Covid variant continue to weigh on investor sentiment.

WHO says omicron has been found in 23 countries across the world

The World Health Organization said 23 countries across the world have reported cases of the highly mutated omicron Covid-19 variant. 

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the CDC confirmed the first case of omicron in the U.S.

Disney names Susan Arnold as board chair, replacing Bob Iger

Susan Arnold is taking over as Disney's chairman of the board, the company announced Wednesday, succeeding Bob Iger.

Russia expels U.S. Embassy staff in retaliatory move as tensions mount between Washington and Moscow

Uncertainty has shrouded a potential meeting between President Biden and President Putin as fears mount that Russia could be preparing to invade Ukraine.

Pentagon calls for stop to anti-satellite weapons testing after Russian demo debris threatened ISS

The Pentagon called for global halt to anti-satellite weapons testing on Wednesday, further decrying the practice after Russia's destructive demonstration.

Apple backs exemptions for Trump tariffs on Apple Watches and Mac Pro parts

The filings are a step in a process that could lead to an exclusion for 7.5% tariffs on Apple Watch imports and 25% tariffs on Mac Pro components.

CEOs and insiders sell a record $69 billion of their stock, and the year isn't over yet

From Satya Nadella at Microsoft to Jeff Bezos and Elon Musk, CEOs, founders and insiders have been cashing in their stock at the highest pace on record.


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