FT News Briefing

Biden edges towards victory, Bank of England stimulus, Uber earnings miss

Joe Biden edged closer to a presidential victory on Thursday night while Donald Trump claimed without evidence that the Democrats were trying to “steal” the election. Plus, the Federal Reserve kept monetary policy steady, the Bank of England took more robust measures as the UK entered a second coronavirus lockdown, and Uber missed Wall Street’s expectations on earnings in the third quarter despite reporting an uptick in its ride-sharing business.  Donald Trump calls for vote counting to stop as US awaits result<a href="https://www.ft.com/content/b922453a-166c-446f-a50e-6727309b8375" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/b922453a-166c-446f-a50e-6727309b8375</a> Federal Reserve keeps monetary policy steady as Covid cases risehttps://www.ft.com/content/3b577f14-c638-4536-aeb0-f63508e7e295 Bank of England launches £150bn stimulus to boost consumer spending<a href="https://www.ft.com/content/18ade542-d2a9-438a-ba5c-37b51475993b" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/18ade542-d2a9-438a-ba5c-37b51475993b</a> Uber and Lyft in driving seat to remake US labour laws<a href="https://www.ft.com/content/78e619f4-fabe-4077-a51a-491e24492263" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/78e619f4-fabe-4077-a51a-491e24492263</a> Uber claws back business as lockdowns ease but misses Wall Street target<a href="https://www.ft.com/content/933458fc-4bd8-407f-be0f-6467e83b6173" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/933458fc-4bd8-407f-be0f-6467e83b6173</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.