Late News This information from last news on the day

After a November to remember for the markets, could December be even better?

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Good evening, Bull Sheeters. This is Fortune finance reporter Rey Mashayekhi, filling in this week for Bernhard with a special PM edition of the newsletter.

Having just had a historically good November, markets around the world kicked off December in style, spurred by positive manufacturing data out of Asia and good coronavirus vaccine news in Europe. There was even bullish sentiment around bipartisan stimulus talks in Washington—at least until the Senate majority leader pitched in.

Markets update


  • In New York, the markets put Monday’s lackluster denouement to November behind them. Both the S&P 500 (+1.1%) and the Nasdaq (+1.3%) set new record closing highs, while the Dow climbed 0.6%.
  • Investors got a lift from news that lawmakers on both sides of
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North Korea-linked hackers targeted J&J, Novavax in hunt for COVID research By Reuters

© Reuters. FILE PHOTO: Vials and medical syringe are seen in front of J&J logo in this illustration


By Raphael Satter and Jack Stubbs

WASHINGTON/LONDON (Reuters) – Suspected North Korean hackers have recently tried to break into at least nine health organizations, including pharmaceutical giant Johnson & Johnson (NYSE:) and vaccine developer Novavax (NASDAQ:) Inc, revealing a broader effort to target key players in the race to develop treatments for COVID-19.

Four people who have investigated the attacks said the spate of hacking attempts began in September, and used web domains mimicking online login portals to try and trick staff at the targeted organisations into revealing their passwords.

The hacking attempts included a bid to get inside British drugmaker and vaccine developer AstraZeneca (NASDAQ:), which Reuters first reported last week was in Pyongyang’s crosshairs.

North Korea has not confirmed any coronavirus infections, but South Korea’s National Intelligence Service

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Denied unemployment benefits? Here are your options

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As cases of COVID-19 rise across the country, some states are reissuing lockdown measures. And as these lockdown measures spike, layoffs are too: Last week 778,000 Americans filed new unemployment claims, up 9% from two weeks ago.

But not all of these unemployed Americans will see their benefit claims approved. If your claim does get denied, here’s what to do next.

What should you do if your unemployment claim gets denied?

Before picking a remedy for a denied jobless claim, applicants need to find out why they were denied. They should get a “notice of determination,” which spells out the specifics. An employer could have blocked it based on information he or she provided to your state: Perhaps the former employer said you failed a drug … Read More

Bitcoin off record highs, slumps 7% in volatile trade By Reuters

© Reuters. FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes


LONDON (Reuters) – fell as much as 7% against the dollar on Tuesday, exhibiting its trademark volatility after scaling a record peak earlier in the day.

The world’s most popular cryptocurrency was down 4.4% at $18,841 as of 1345 GMT. The price drop in bitcoin, which some investors have seen as a potential safe-haven, coincided with ‘s 1.6% rise.

Smaller coins ethereum and , which often move in tandem with bitcoin, fell 7.3% and 8.8%, respectively.

“The price remains highly volatile and draw-downs can be sharp, but volatility is important for the asset to scale, seek price discovery, attract attention and education and over time this volatility should subside,” Davy Research analyst Roland French said, adding the sell-off was likely due to profit taking.

Bitcoin has gained around 160% this year, fuelled by

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This new VR simulator helps you prepare for the most awkward office encounters

Hugo is furious.

He’s sitting across from me, arms crossed, face scowling, exuding bad energy. Sitting next to him is Maia. She’s signing the praises of a third colleague Denise, who is up for a promotion. “She gets glowing reviews from her supervisors. She’s clearly overdue for this promotion. I’ve worked a lot with her and think she’s ready.”

Hugo does not agree. “I have a lot of reservations about Denise,” he says. “In a recent meeting she just shut me down. She’s so…aggressive. And that accent….”

“Okay…let’s not get personal, and instead focus on her work accomplishments!,” I hear myself say in a pitched tone my children would be familiar with. “Have you seen her run meetings before, and what has your impression been?,” I say, gesturing to the woman and suddenly fumbling both their names. My blood pressure begins to rise. Hugo continues to glower … Read More

Ethiopia’s PM relishes victory, but Tigrayan leader says war not over By Reuters

© Reuters. FILE PHOTO: Debretsion Gebremichael, Tigray Regional President, attends the funeral ceremony of Ethiopia’s Army Chief of Staff Seare Mekonnen in Mekele


ADDIS ABABA/NAIROBI (Reuters) – Ethiopia’s Prime Minister Abiy Ahmed lauded his soldiers on Monday for victory over a rebellious northern movement, but the leader of Tigray’s forces said they were still fighting amid fears of a protracted guerrilla conflict.

The nearly month-long war has killed hundreds and probably thousands, sent refugees into Sudan, enmeshed Eritrea, affected a peacekeeping mission in Somalia, and deepened divisions between Ethiopia’s myriad ethnic groups.

Abiy’s troops took Tigray’s capital Mekelle at the weekend and declared defeat for the Tigray People’s Liberation Front (TPLF), a guerrilla movement-turned-political party that dominated national government for nearly three decades until 2018.

“Our constitution was attacked but it didn’t take us three years, it took us three weeks,” Abiy told parliament, comparing his offensive with

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