Exclusive: VW in talks to buy stake in Russia’s GAZ – sources
MOSCOW (Reuters) – German carmaker Volkswagen is in talks to buy a stake in GAZ , a Russian manufacturer of light commercial vehicles (LCV), five sources familiar with the talks told Reuters.
Macy’s hires more workers after Black Friday rush
(Reuters) – Macy’s Inc said on Friday it had a strong start to the holiday shopping season and would hire an additional 7,000 temporary workers for its stores to deal with heavy customer numbers in the run up to Christmas.
Wall St. lower as deficit concerns stall tax bill progress
(Reuters) – U.S. stocks fell in early trading on Friday amid concerns over the passage of a Republican tax overhaul as lawmakers debated over the bill’s impact on the federal deficit.
Major automakers post mixed November U.S. sales results
DETROIT (Reuters) – Major automakers posted mixed U.S. November new vehicle sales for November on Friday, with General Motors Co and Fiat Chrysler Automobiles NV (FCA) down largely on lower fleet sales, while Ford Motor Co’s sales rose.
BlackBerry to pay Nokia $137 million in payment dispute
HELSINKI (Reuters) – Canada’s BlackBerry has been ordered to pay Nokia $137 million by an international court in a payment dispute, but the Canadian company said it would continue to pursue a separate claim over patent infringement.
S&P, Dow open flat as tax bill weighs
(Reuters) – The S&P 500 and Dow opened little changed on Friday after a record day for stocks, amid concerns over the passage of a Republican tax overhaul as lawmakers debated over the bill’s impact on the federal deficit.
Macy’s ups seasonal hiring after strong start to holidays
(Reuters) – Macy’s Inc said on Friday said it had a strong start to the holiday shopping season and would hire an additional 7,000 temporary workers in anticipation of the demand continuing through Christmas.
Bitcoin rebounds to $10,500 after U.S. regulator approves futures
LONDON (Reuters) – Bitcoin rebounded on Friday to hit the day’s highs above $10,500, recovering from an earlier dip below $9,500, after the U.S. derivatives regulator said it would allow CME Group and CBOE Global Markets to list bitcoin futures.
CME Group to launch bitcoin futures contract on Dec. 18
(Reuters) – CME Group Inc on Friday said it will launch its bitcoin futures contract on Dec. 18 to provide a regulated trading platform for the cryptocurrency futures market.
Deficit doubts on tax bill cool Wall Street rally
(Reuters) – U.S. stock futures pointed to a reversal of some of this week’s gains for Wall Street on Friday as a delay in voting on a Republican tax overhaul kept investors on edge about its passage.
