Group 1 - Letitia James has accused Robert Kramer of selling his shares in Emergent before revealing contamination issues related to the production of the Covid-19 vaccine [1]

Core Insights - The Canadian auto industry experienced a significant slump in November due to a semiconductor shortage, which negatively impacted sales from factories and wholesalers, posing a threat to economic growth in the final quarter of the year [1] Industry Impact - The semiconductor shortage has led to decreased activity within the auto sector, highlighting vulnerabilities in supply chains that could hinder overall economic performance [1]

Core Insights - A potential deal may see Ford acquiring batteries from a Chinese carmaker for its factories located outside the U.S. [1] Company Summary - Ford is exploring the possibility of purchasing batteries from a Chinese manufacturer to support its production facilities outside the United States [1]

Group 1 - The potential deal involves Ford purchasing BYD batteries for its factories located outside the U.S. [1]

Group 1 - The company announced it would provide a $20 credit to customers impacted by the service interruption that occurred on Wednesday [1]

Paramount failed to force Warner Bros. Discovery to disclose more information soon about its deal with Netflix when a judge denied its request. ...

Chicago Fed President Austan Goolsbee said anything that is infringing or attacking the independence of the central bank "is a mess.†...

In afternoon trade in Europe, shares were down nearly 6% the second-largest faller on the Stoxx Europe 600 index. ...

Core Viewpoint - The U.S. jobless claims have decreased slightly, indicating that the labor market is managing to avoid an increase in layoffs despite a slowdown in hiring [1] Group 1: Labor Market Trends - Jobless claims in the U.S. have ticked lower, suggesting resilience in the labor market [1] - The labor market continues to show stability, with layoffs not rising despite weaker hiring conditions [1]

Core Viewpoint - The U.S. military is focusing on disrupting the shadow fleet of vessels transporting sanctioned crude oil from countries such as Venezuela [1] Group 1 - The U.S. military's actions are aimed at enforcing sanctions against countries that are involved in the illegal transportation of crude oil [1] - The shadow fleet consists of vessels that operate outside of international regulations, posing challenges to enforcement efforts [1] - Targeting these vessels is part of a broader strategy to curb the flow of sanctioned oil and maintain compliance with U.S. sanctions [1]