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Global Stocks Fall, Jobless Claims Due and Biden Poll Lead: What’s up in Markets

Global Stocks Fall, Jobless Claims Due and Biden Poll Lead: What’s up in Markets

Europe’s new virus measures send stocks tumbling. U.S. markets are set to open lower as Mnuchin talks down stimulus chances. Jobless claims are due. Biden leads Trump by 11 in a new poll, but the…

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YouTube bans coronavirus vaccine misinformation

YouTube bans coronavirus vaccine misinformation

Alphabet Inc’s (O:GOOGL) YouTube said on Wednesday it would remove videos from YouTube containing misinformation about COVID-19 vaccines, expanding its current rules against falsehoods and conspiracy theories about the pandemic. The video platform said it…

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Twitter’s security fell short before hack targeting celebrities, regulator says

Twitter’s security fell short before hack targeting celebrities, regulator says

Twitter Inc (NYSE:TWTR) suffered from cybersecurity shortfalls that enabled a “simple” hack attributed to a Florida teenager to take over the accounts of several of the world’s most famous people in July, according to a report…

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U.S. court agrees to expedite government TikTok app store ban appeal

U.S. court agrees to expedite government TikTok app store ban appeal

A U.S. appeals court on Wednesday agreed to fast-track a Justice Department appeal of a ruling blocking the government from banning new TikTok downloads from U.S. app stores. U.S. District Judge Carl Nichols in Washington…

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Dutch telecom KPN picks Ericsson over Huawei for 5G network

Dutch telecom KPN picks Ericsson over Huawei for 5G network

KPN (AS:KPN) has chosen Sweden’s Ericsson (ST:ERICb) to build core elements of its new 5G mobile network following a decision last year not to select China’s Huawei, the Dutch telecoms company said on Thursday. Huawei…

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Californians fear more wildfires as winds pick up

Californians fear more wildfires as winds pick up

Thousands of households across Northern California braced for power blackouts on Wednesday as dry weather threatened to touch off a new round of the wildfires that have ravaged the state. Pacific Gas and Electric Co…

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EU to use bond auctions to sell debt for 800-billion-euro recovery fund

EU to use bond auctions to sell debt for 800-billion-euro recovery fund

The European Commission will use bond auctions to sell some of the debt to back its coronavirus recovery fund, the commissioner for budget and administration said on Thursday. Details about the tools the EU will…

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Amid COVID surge, WHO urges Europe to step up controls now to save lives

Amid COVID surge, WHO urges Europe to step up controls now to save lives

Imposing tighter controls to curb COVID-19 contagion could save hundreds of thousands of lives across Europe before February as the continent battles an exponential surge in infections, the World Health Organization said on Thursday. Urging…

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U.S. gun sales soar amid pandemic, social unrest, election fears

U.S. gun sales soar amid pandemic, social unrest, election fears

Andreyah Garland, a 44-year-old single mother of three daughters, bought a shotgun in May for protection in the quaint middle-class town of Fishkill, New York. She joined a new and fast-growing local gun club to…

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Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC

Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC

Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply…

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