Business

NEW YORK (Reuters) -Shares on Wall Street fell sharply from all-time peaks on the first trading day of the year on Monday, as risk appetite ebbed amid upcoming runoff elections in Georgia and the persistent surge in coronavirus cases.

NEW YORK (Reuters) -McDonald's Corp is hoping 2021 is the year it cracks the crispy chicken sandwich by rolling out three different versions in the United States, as it takes on chains such as Restaurant Brands International's Popeyes for a share of the growing market.

Slack Technologies Inc said its workplace messaging service was hit by an outage on Monday, disrupting remote work as people returned from the holidays.

(Reuters) -Tesla Inc shares rose to a record high in the first trading session of 2021, extending last year's more than eight-fold surge that helped it become the world's most valuable carmaker.

U.S. manufacturing activity picked up at its briskest pace in more than six years in December, extending a recovery in the factory sector that has spurred the strongest pricing environment for goods producers since 2011 as the coronavirus pandemic upends supply chain networks.

Manufacturers across Europe ended 2020 on a high while Asian factory activity expanded moderately thanks to robust demand in regional giant China, surveys showed, but the prospect of tougher coronavirus curbs clouded the outlook for the recovery.