Thursday, December 12, 2019

 


S&P 500 Index
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$3,168.57
+26.94 (+0.86%)
as of 16:55 EST

TORONTO — An analyst says the insider group behind a privatization bid for Hudson's Bay Co. will need to boost its offer to convince minority shareholders to vote for the proposal.  (full story)
HBC.TO: 8.65 (+0.22)
The National Labor Relations Board has ruled in McDonald's favor in a long-running case filed by 20 workers who were fired or faced retaliation for trying to unionize.  (full story)
 
LONDON (AP) — The Latest on Britain's Brexit general election (all times local):  (full story)
 
The S&P 500 and Nasdaq closed at all-time highs Thursday on renewed optimism that the U.S. and China are close to reaching a deal in their costly trade war.  (full story)
LUV: 54.49 (+0.49), DAL: 56.69 (+1.61), TLRD: 4.31 (-0.54)
House Democrats clashed with Education Secretary Betsy DeVos in a Thursday hearing that nearly spun out of control when one lawmaker called DeVos “the most unpopular person in our government" and said she's “out to destroy public education.”  (full story)
 
LONDON (AP) — An exit poll in Britain’s election projected Thursday that Prime Minister Boris Johnson’s Conservative Party would likely win a solid majority of seats in Parliament, a decisive outcome that should allow Johnson to fulfill his plan to take the U.K. out of the European  (full story)
 
WASHINGTON — The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war.  (full story)
 
GERVAIS, Ore. (AP) — It was nighttime when Pedro Lucas came home, clutching receipts showing he had paid a funeral home to have the bodies of three immigrant laborers returned to Guatemala from Oregon.  (full story)
 
NEW YORK (AP) — Federal regulators are setting up a new three-digit number to reach a suicide prevention hotline in order to make it easier to seek help and reduce the stigma associated with mental health.  (full story)
 
SAN FRANCISCO (AP) — Twitter is bringing back special labels to help users identify accounts and tweets from U.S. political candidates.  (full story)
 
WASHINGTON (AP) — Sharpening their 2020 election message, House Democrats on Thursday pushed through legislation that would empower Medicare to negotiate prescription drug prices and offer new benefits for seniors.  (full story)
 
DALLAS (AP) — Southwest Airlines will share about $125 million with its employees after reaching a partial settlement with Boeing over damages from the grounding of the airplane maker's 737 Max.  (full story)
BA: 346.29 (-3.71), LUV: 54.49 (+0.49)
MADRID (AP) — Failure to tackle global warming could result in economic disaster, the United Nations Secretary-General warned Thursday in Madrid, as negotiators at the U.N. climate talks remained deadlocked over key issues.  (full story)
 
WASHINGTON (AP) — The Senate on Thursday confirmed Dr. Stephen Hahn to lead the Food and Drug Administration despite concerns about how he will confront the growing problem of underage vaping.  (full story)
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