Business Stories from December 7, 2020 (Change date)
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Eastman Kodak, Newmont rise; Simon Property, Intel fallDec 07, 2020 6:00 am - Stocks that moved heavily or traded substantially Monday: Eastman Kodak Co., up $4.51 to $12.04. A government agency cleared the commercial printing company of wrongdoi...
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Nationstar Mortgage to refund $73M to borrowers under orderDec 07, 2020 6:00 am - CHARLOTTE, N.C. (AP) - Nationstar Mortgage, which operates under the brand Mr. Cooper, was ordered to repay $73 million to roughly 40,000 homeowners for repeatedly faili...
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CEO of retailer Zalando resigns to prioritize wife's careerDec 07, 2020 6:00 am - BERLIN (AP) - The chief executive of online fashion retailer Zalando is stepping down to focus on his family, saying his wife's career should 'œtake priority'ť in the co...
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Sinovac aims for 600 million dose capacity for COVID vaccineDec 07, 2020 6:00 am - TAIPEI, Taiwan (AP) - Chinese vaccine company Sinovac announced Monday that it is planning to complete a new facility to double its annual vaccine production capacity to...
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Russian sentenced to French prison for bitcoin launderingDec 07, 2020 6:00 am - PARIS (AP) - A Russian bitcoin expert at the center of a multi-country legal tussle was sentenced in Paris on Monday to five years in prison for money laundering and ord...
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Rashida Jones replaces Phil Griffin as MSNBC presidentDec 07, 2020 6:00 am - NEW YORK (AP) - Phil Griffin is stepping down as the longtime president of MSNBC, to be replaced early next year by rising NBC News executive Rashida Jones. Griffin, 64,...
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China trade surplus hits record $75B as Nov exports soarDec 07, 2020 6:00 am - BEIJING (AP) - China's politically sensitive trade surplus soared to a record $75.4 billion in November as exports surged 21.1% over a year earlier, propelled by America...
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Asian stocks follow Wall St lower amid virus worriesDec 07, 2020 6:00 am - BEIJING (AP) - Asian stock markets followed Wall Street lower on Tuesday as surging coronavirus infections in the United States and some other countries tempered investo...
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Grains mostley lower and livestock lowerDec 07, 2020 6:00 am - Wheat for Dec. rose 4.75 cents at 5.7125 a bushel; Dec. corn was up 2.50 cents at 4.1950 a bushel, Dec. oats gained 11.75 cents at $3.1825 a bushel; while Jan. soybeas w...
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German industrial production beats forecasts for OctoberDec 07, 2020 6:00 am - BERLIN (AP) - Industrial production in Germany, Europe's biggest economy, was up 3.2% in October compared with the previous month, according to official data released Mo...