WASHINGTON (AP) — President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to serve as treasury secretary, a pivotal role in which she would help shape and direct his economic policies at a perilous time, according to a person familiar with the transition plans.
About 1 million Americans a day packed airports and planes over the weekend even as coronavirus deaths surged across the U.S. and public health experts begged people to stay home and avoid big Thanksgiving gatherings.
LONDON (AP) — Drugmaker AstraZeneca said Monday that late-stage trials showed its COVID-19 vaccine is highly effective, buoying the prospects of a relatively cheap, easy-to-store product that may become the vaccine of choice for the developing world.
BRUSSELS (AP) — European Union chief Charles Michel is inviting Joe Biden once he is U.S. president to come visit and patch up trans-Atlantic relations that have suffered over the past four years under President Donald Trump.
NEW YORK (AP) — The National Retail Federation, the nation's largest retail trade group, expects that holiday sales could actually exceed growth seen in prior seasons, despite all the uncertainty surrounding the pandemic.
HONG KONG (AP) — The chairman and CEO of e-commerce giant Alibaba Group praised Chinese regulators Monday in a possible attempt to repair ties after the stock market debut of its former financial services arm was suspended following criticism of them by billionaire Alibaba founder Jack Ma.
GENEVA (AP) — A panel of human rights experts working with the United Nations said Monday that former Renault-Nissan boss Carlos Ghosn was wrongly detained in Japan and has urged “compensation” for him from the Japanese government.
PARIS (AP) — The trial of former French President Nicolas Sarkozy for corruption and influence peddling was suspended Monday less than two hours after it started, to allow a medical report on one of the defendants.
DUBAI, United Arab Emirates (AP) — The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies, state-run media reported Monday, in the country’s latest bid to boost its global status and attract foreign investors.
BEIJING (AP) — Asian stocks rose Monday as investors looked ahead to quarterly U.S. economic data amid unease about anti-coronavirus curbs on business and wrangling over the American presidential election.
PORTLAND, Maine (AP) — President Donald Trump positioned himself as a friend of New England's lobstermen, but members of the industry said they are looking forward to something that has been lacking in the crustacean business: stability.
LONDON (AP) — The U.K’s treasury chief batted away speculation Sunday that he is about to turn off the spending that has buoyed the economy during the COVID-19 pandemic, saying now is not the time to worry about the government’s record peacetime borrowing.
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan said Sunday that Turkey sees itself as a part of Europe, but he called on the European Union to “keep your promises” on issues such as the country's membership bid and refugees.
U.S. health officials Saturday agreed to allow emergency use of a second antibody drug to help the immune system fight COVID-19, an experimental medicine that President Donald Trump was given when he was sickened last month.