 | | | | Canada will slap retaliatory tariffs on C$3.6 billion ($2.7 billion) worth of U.S. aluminum products after the United States said it would impose punitive measures on Canadian aluminum imports, a senior official said on Friday. | | |
| | | Federal Aviation Administration (FAA) safety employees reported facing "strong" external pressure from industry and raised alarms the agency does not always prioritize air safety, according to an independent survey seen by Reuters on Friday. | | |
| | | Oil prices fell nearly 2% on Friday, limiting their weekly gain due to concerns the global recovery could falter from a resurgence of coronavirus cases. | | |
| | | The dollar bounced off two-year lows and a gauge of global equity markets stopped marching toward a record high on Friday, as slightly better-than-expected data on U.S. job growth in July also snapped big rallies in gold and the euro. | | |
| | | Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry the country's oil due to U.S. sanctions, according to company documents seen by Reuters. | | |
| | | Wall Street's main indexes fell on Friday as data showed a sharp slowdown in U.S. employment growth, and investors turned their attention toward the likelihood of another fiscal stimulus bill to buttress the economy from a pandemic-induced recession. | | |
| | | Delta Air Lines Inc will need at least 3,000 of its roughly 20,000 flight attendants to take unpaid leave of four to 12 months, or consider other options, to avoid involuntary furloughs, a person with knowledge of the matter said on Friday. | | |
| | | (In Aug. 6 story, corrects Uber's ride-hailing segment revenue in U.S. and Canada as "declining to $1.25 billion," instead of "declining $1.25 billion," paragraph 12) | | |
| | | The United Steelworkers union (USW) local representing workers at Exxon Mobil Corp’s Baton Rouge, Louisiana, refinery and chemical plant are seeking talks with the company over the upcoming suspension of the employer contribution to their 401K plan, said sources familiar with the matter. | | |
| | | A key Federal Reserve official told a congressional watchdog on Friday that participation in a $600 billion loan program meant to carry small and medium-sized firms through the coronavirus crisis would expand rapidly if the pandemic or economy worsened. | | |
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