Travis Head becomes the first Aussie batsman since Shaun Marsh in 2014 to be stranded on 99. CREDIT: Fox Cricket
STORY: Congress on Thursday gave final approval to a bill blocking a potentially devastating U.S. railroad strike…while rejecting a measure that would have provided paid sick days to railroad workers.“On this vote the yays are 80, the nays are 15 (flash) the joint resolution is passed.”The U.S. Senate voted overwhelmingly to impose a tentative contract deal reached in September on a dozen unions representing 115,000 workers, who could have gone on strike on Dec. 9.The U.S. House of Representatives approved the bill to block a strike on Wednesday and separately voted to require seven days of paid sick leave for rail workers. A measure the senate rejected on Thursday.U.S. President Joe Biden praised the move to avert the strike—saying the country had been spared “a Christmas catastrophe “But under the tentative deal – which will now be enforced -- there are no paid short-term sick days.Unions asked for 15 during negotiations. Railroads settled on one personal day.A fact Biden defended when asked during a joint news conference Thursday with French President Emmanuel Macron:BIDEN: “I think we're going to get it done, but not within this agreement. And within this agreement, we're going to avoid the rail strike, keep the rails running, keep things moving. And I'm going to go back and we're going to get paid leave not just for rail workers, but for all workers.”The sick leave measure was 8 votes shy of the required 60-vote supermajority in the Senate and was not endorsed by the White House. Biden has praised the proposed contract, which includes a 24% compounded pay increase over five years and five annual $1,000 lump-sum payments, and he had asked Congress to impose the contract without any modifications.The bill now goes to Biden, who will sign it into law.
(Bloomberg) -- The European Union is closing in on a deal to cap the price of Russian crude oil at $60 a barrel, their latest attempt to clinch an agreement before a Monday deadline, according to people familiar with the matter.Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsAn Arizona County’s Refusal to Certify Election Results Could Cost GOP a House SeatBeverly Hills Cop Was California’s Highest-Paid Municipal WorkerNew York, Singapore Are the Wo
England fans in full voice during first Test in Pakistan. Source: Barmy Army
Economist Stephen Roach says the US-China relationship is no better under US President Joe Biden than it was for his predecessor Donald Trump -- and it may even have gotten worse. The Yale University faculty member and former chairman of Morgan Stanley Asia spoke to Bloomberg's Charlotte Yang in an interview this week.
Yahoo Sports Charles Robinson and Jori Epstein discuss the 7-4 Jets showdown in Minnesota against the 9-2 Vikings. Can Mike White continue his great play from last week’s win over the Bears? The Jets quarterback asked for pointers from his former Cowboys’ teammates. Hear the full conversation on the You Pod to Win the Game podcast. Subscribe on Apple Podcasts, Spotify, Stitcher or wherever you listen.
STORY: U.S. President Joe Biden said he has no immediate plans to contact Vladimir Putin but is prepared to speak with the Russian president if he shows an interest in ending the war in Ukraine, and only in consultation with NATO allies."He's inflicting incredible, incredible carnage on the civilian population of Ukraine. Bombing nurseries, hospitals, children's homes. It's sick what he's doing. But the fact of the matter is I have no immediate plans to contact Mr. Putin. // I'm prepared to speak with Mr. Putin if in fact he is, there is an interest in him deciding he is looking for a way to end the war. He hasn't done that yet."Biden spoke on Thursday at a White House news conference after talks with French counterpart Emmanuel Macron. The leaders pledged solidarity with Ukraine against Russia's war and vowed to work together to deal with the economic difficulties the conflict has brought.Biden put the onus on ending the war, which began with Russia's invasion of Ukraine in February, squarely on Putin."There's one way for this war to end, the rational way: Putin could pull out of Ukraine, No. 1. It appears he's not going to do that."Macron said the two nations had a shared responsibility to protect democracies on both sides of the ocean and face the direct and indirect consequences of the war in Ukraine together.MACRON: "What is at stake in Ukraine is not very far from here in a small country somewhere in Europe, but it's about our values. And it's about our principles. And it's about what we agreed together in the U.N. charter - protecting sovereignty and territorial integrity."As the leaders met, a Ukrainian presidential advisor said the country's armed forces have lost between 10,000 and 13,000 soldiers in the war so far.In Kherson on Thursday, Ukrainian soldiers patrolled near apartment blocks badly damaged by Russian shelling, as residents vented their fury. "Beasts. When will those Russians die? My God. May Putin die with them. How long could it last, the kids die… ”According to the governor, the renewed shelling again cut off electricity to Kherson… but some residents had no plans to leave. “I was born in Kherson, in Kherson I will die.”
(Bloomberg) -- The US Supreme Court kept President Joe Biden’s student-loan relief plan on hold while agreeing to hear arguments likely to produce a definitive ruling by June in a high-stakes showdown over presidential power.Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsAn Arizona County’s Refusal to Certify Election Results Could Cost GOP a House SeatBeverly Hills Cop Was California’s Highest-Paid Municipal WorkerNew York, Singapore Are the World
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President Joe Biden said he would talk with Russian President Vladimir Putin about the war in Ukraine if the Russian leader is serious about ending his invasion, after previously saying only Ukraine's leaders can decide when to hold peace talks. He speaks at the White House. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en
STORY: Footage of Santa Catarina’s firefighters from a helicopter showed locals being pulled to safety from roofs, as they waited to be rescued.Aerial views showed swathes of the city submerged under muddy water as the rain persisted on Thursday.Over 880 people have been evacuated.
STORY: Wall Street ended mixed on Thursday as a selloff in Salesforce weighed on the Dow, hitting investors with a reality check after Wednesday's rally and ahead of Friday's jobs report.The Dow ended about half a percent lower. The S&P 500 finished only slightly lower and the Nasdaq saw a fractional gain.The mood on Thursday was a stark contrast from the day before, when Federal Reserve Chair Jerome Powell signaled it was time to slow the pace of interest rate hikes, sparking a surge in stocks.James Demmert, founder and chief investment officer of Main Street Research, says Wall Street might have gotten ahead of itself."I think today investors are recognizing that, hey, is this just another bear market trap? And so you sort of see some selling, some buying as people are performance chasing, but lots of selling, meaning that the Dow down a lot more than the other indexes because Salesforce down 10% was a big part of that index. So I think today, after you get a lot going on and but certainly a big rally yesterday."Salesforce recovered some losses but still ended down more than 8% after the software maker said Bret Taylor would step down as co-chief executive officer in January, raising questions in investors' minds about why he was leaving the company.Dollar General slipped 7.5% after the discount retailer cut its annual profit forecast, while Costco shed 6.5% after the membership-only retail chain reported slower sales growth in November. But shares of some megacap growth stocks rose, including Apple, Facebook-owner Meta Platforms and Netflix, helping the Nasdaq finish in the green.
Kate Middleton and Prince William kicked off their first trip to the United States since 2014, touching down in Boston on Wednesday. Kate Middleton and Prince William landed in Boston on Wednesday to kick off their three-day trip in the area ahead of the 2022 Earthshot Prize Awards.
STORY: Huddled in a tent and anxiously following a match between Tunisia and France, the refugees cheered, each rooting for a different team."The youth are excited about the games," Salamat said. The ‘Qatar FIFA 2022 for All: Celebrating Football with Refugees and Displaced people’ initiative kicked off in conjunction with the FIFA World Cup Qatar 2022.The initiative aims to share the World Cup with refugees and internally displaced persons living in camps by setting up fan zones in several countries, the charity’s website says.Opened in 2012, Zaatari camp currently hosts around 80,000 people. It remains the largest refugee camp in the Middle East, according to the UNHCR’s website.
Yahoo Finance Live kicks off the countdown to Christmas by taste-testing Pepsi's new "Pilk and Cookies" food challenge.
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Yahoo Finance reporter Brooke DiPalma shares how McDonald's is trying out a drive-thru for digital meal orders in Fort Worth, Texas.
Financial Analyst and YouTuber “Meet Kevin” Kevin Paffrath sits down with Yahoo Finance Live to address the FTX collapse and the influencer's past promotion of the exchange, while also discussing regulatory framework for crypto and Tesla's stock performance tied to Elon Musk's acquisition of Twitter.
Yahoo Finance's Seana Smith highlights which stocks are making moves in after-hours trading on Thursday.
Yahoo Finance legal reporter Alexis Keenan shares the latest on the trial for ex-Theranos executive Sunny Balwani, who faces up to 15 years in prison.