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FT News Briefing

Trump’s resistance, Lyft weighs delivery business, EU hits Amazon with antitrust charges

FT News Briefing

Forhecz Topher

News & Politics, Daily News, News

4.41.3K Ratings

🗓️ 11 November 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

Republicans have grown more assertive in giving cover to Donald Trump’s false claims that the US presidential election was stolen from him, Lyft has said it was in the “early days” of building a delivery business to take on Uber Eats and others, SoftBank is considering moving its Vision Fund unit to Abu Dhabi, and the European Union is hitting Amazon with antitrust charges. Plus, the FT’s Leila Abboud explains why European small shopkeepers are frustrated with the latest set of coronavirus lockdowns. 


As Joe Biden’s margin of victory grows, so does Republican resistance 

https://www.ft.com/content/d0c09d30-6f1c-4978-bbb7-44e1f93e9a39


Lyft weighs getting into delivery business as it works to bounce back 

ft.com/content/b340f34e-d16a-4388-99cf-eacb00df8389


SoftBank’s Vision Fund unit considers move to Abu Dhabi from UK

https://www.ft.com/content/22eddefb-adab-4188-9de7-33533f6d571e


EU accuses Amazon of breaching antitrust rules

https://www.ft.com/content/4908995d-5ba4-4e14-a863-bcb8858e8bd2


Europe’s shopkeepers on the warpath over lockdowns

https://www.ft.com/content/3fc8ba69-9a2c-4f19-ac79-ce310c8d6507


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Transcript

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0:00.0

Good morning from the Financial Times.

0:01.6

Today is Wednesday, November 11th,

0:04.0

and this is your FT news briefing.

0:08.2

Donald Trump that his allies are continuing to push false claims

0:11.4

about an unfair presidential election.

0:14.0

And Lift has taken a look at its competitor's delivery food models.

0:18.0

Now, all of a sudden, the ride sharing company has a hankering for takeout too.

0:22.0

Plus, some big potential changes at Soft Bank and European

0:26.0

shopkeepers go on the war path over coronavirus lockdowns. I'm Mark Filipino and here's

0:31.6

the news you need to start your day.

0:33.4

American President-elect, Joe Biden is getting ready for inauguration day,

0:44.4

but there's no sign Republicans are backing off their support for Donald Trump.

0:48.4

The US President has filed lawsuits and alleged without real evidence the 2020 election was rigged against him.

0:55.4

Courts have largely rejected the claims, but members of the President's own Republican Party

0:59.6

have stood by Trump's accusations.

1:02.0

Attorney General Bill Barr will allow the Department of Justice to investigate

1:05.3

voter fraud before the election is settled.

1:08.0

Republican Senate Majority Leader Mitch McConnell has it acknowledged Biden as the winner,

1:12.2

and Secretary of State Mike Pompeo said this on Tuesday.

1:15.7

There will be a smooth transition

1:17.8

to a second Trump administration.

1:19.8

Regardless, Joe Biden is continuing to prepare

...

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