US industrial output rises modestly as auto sector rebounds
The Federal Reserve reports November industrial production up 0.4 percent, led by a 0.8 percent gain in manufacturing and a 5.3 percent surge in motor vehicles and parts. October's 0.9 percent rise followed. Despite gains, overall output remains about 5 percent below February pre pandemic levels. Separately, Common Sense Networks plans Sensical, a free streaming platform for children ages 2 to 12, launching next year with 15,000 videos and expanding monthly. China coal ban would breach WTO rules Morrison warns during media briefing.
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U.S
Federal Reserve
Common Sense Networks
Sensical
Australia
China
World Trade Organization
Scott Morrison
Global Times
Beijing
Morrison
WTO
Virtual holiday parties replace in person for 2020
Chicago area firms shift to Zoom gatherings and mailed gift baskets as pandemic forces a pause on in person celebrations. Companies offer scavenger hunts trivia and classes with virtual rooms to boost morale while navigating layoffs and budget cuts.
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Chicago
Kelly Cain
United Center
Chicago Blackhawks
Supply & Equipment Foodservice Alliance
Cain
Schaumburg
Matt Lindner
Rakuten Advertising
Lindner
Wrigleyville
Linder
Muriel Karsh
Corposate
Windy City Fieldhouse
Logan Square
Karsh
Windy City
Ross Hunt
Bartending Co
Leeatt Rothschild
EU plan reels in tech giants with new rules
London and Brussels unveil sweeping digital regulation plans targeting major tech firms. The EU Digital Markets Act would label gatekeepers and levy fines up to 10 percent of global revenue for unfair practices, while the Digital Services Act tightens content duties and user protections with 6 percent turnover fines. Britain’s Online Safety Bill proposes up to 18 million pounds or 10 percent of global revenue for failing to remove harmful content and protect users, with restrictions intensified for high risk social apps.
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London
Britain
European Union
Brussels
Europe
U.K
Facebook
TikTok
Instagram
Twitter
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Washington
Los Angeles
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The
Associated Press
Mercedes Gomez
LCPC
Waukegan
Ill
Brian Cassella
Chicago Tribune
Tribune News Service
Abel Tribe