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U.S. markets news

New Amazon Go concept won't replace humans, investor says
While Amazon's new shopping experiment is already prompting doomsday headlines for retail workers, human employees are still key to the retail experience, one technology investor told CNBC.
US retailers value enthusiasm over experience for holiday hires  Business Insider
Amazon Set to Open No-Checkout Grocery Store in Seattle in Early 2017  Wall Street Journal
Carney Lays Out Vision to Revive Benefits of Globalization
Mark Carney launched a defense of globalization and set out a manifesto for central bankers and governments to boost growth and make the world economy more equal.
Bank of England's Carney warns of strains from globalisation  Reuters
Carney – get real, there are losers from free trade  BBC News
US Service-Sector Activity Surged in November
U.S. service industries boosted production and hiring in November, the latest sign the economy is expanding at a solid pace after a weak first half of the year.
US businesses growing at fastest pace in a year, ISM services survey finds  MarketWatch
Service Industries in U.S. Grow at Fastest Pace in 13 Months  Bloomberg
Protesters Gain Victory in Fight Over Dakota Access Oil Pipeline
Stand in a drum circle at the Oceti Sakowin camp just after the Army announced on Sunday that it would explore alternative routes for the Dakota Access pipeline.
Obama puts Dakota pipeline on Trump's desk  The Hill
Standing Strong at Standing Rock  U.S. News & World Report
Australia's BHP Billiton Wins Bidding for Stake in Mexico's Trion Oil Field
MEXICO CITY—Australia's BHP Billiton won the bidding to join with Mexican state oil company Petr´┐Żleos Mexicanos in the Trion oil field in the Gulf of Mexico, in the first award of several auctions of deep-water oil blocks to be announced Monday.
Chevron, Pemex, Inpex win block in Mexico deep water oil auction  Reuters
VW's new division takes aim at Uber-style competition
LONDON, Dec 5 (Reuters) - Volkswagen launched a new digital business division on Monday to take on services such as Uber, shifting its focus beyond selling cars to catering for customers who prefer to pay for use rather than own a vehicle.
Volkswagen Takes Challenge To Uber, Lyft With New Berlin-Based Company  Wall Street Journal
Volkswagen spins off new company to focus on ride-hailing and self-driving cars  The Verge
Feds: Business nearly lost $387500 to world cybercriminals
PITTSBURGH (AP) - A Pennsylvania business nearly lost more than $387,000 in an international cybercrime operation disabled by federal authorities and the European Union last week.
Feds: Business lost $387500 in world cybercrime operation  Phys.Org
OPEC to Seek More Oil-Output Cuts from Nonmembers
OPEC's agreement to slash oil output faces its first test Saturday, when it asks producers outside the cartel to make production-cut commitments intended to amplify the effect of the landmark deal.
Ahead of deal to cut, OPEC oil output hits record high: Reuters survey  Reuters
This Oil Price Rally Is Sustainable
Trump's 'Retribution' Tax Stirs Legal Questions, GOP Resistance
Donald Trump's threats to use taxes as “retribution” against U.S. companies that move jobs overseas are legally dubious, tax specialists say -- and they're prompting resistance from some Republican leaders who fear a coming era of economic ...
GOP Leader Breaks With Donald Trump On Suggested 35 Percent Tariff  Huffington Post
Top House Republican won't back Trump's tariff proposal  Politico
Walmart Emerges as an LGBT Rights Leader
Walmart wmt got its highest grade yet from an LBGT rights advocacy group thanks to moves like adding insurance coverage for transgender workers this year.
Wal-Mart Joining Trend to Add Protections for LGBT Employees
Human Rights Campaign Grades Companies on LGBT Issues: How Do Apple, Google ...  Billboard