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The Latest Breaking News on Business

Most Asian Markets Extend Losses As Trump Fears Build

The prospect of prices spiking again on the back of tax cuts, import tariffs, and an easing of regulations gave fresh impetus to the dollar, which has rallied since the Republican's election win last week.

Latin Times

Are Wall Street Analysts Bullish on Halliburton Stock?

Although Halliburton has substantially underperformed the broader market over the past year, Wall Street analysts remain highly optimistic about the stock’s potential.

Barchart

Inflation May Be Leveling Off After Recent Uptick

October's potential rise in inflation may impact Fed's interest rate decisions and spark economic debates.

Top News

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US Seeks Recovery Of Millions In Crypto Linked To SBF's Alleged Chinese Officials Bribe

The U.S. has filed a legal complaint to recoup over $17 million in various cryptocurrencies linked to Sam Bankman-Fried's alleged bribery of Chinese officials in 2021.

International Business Times

Wells Fargo Stock: Analyst Estimates & Ratings

Wells Fargo has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

Barchart

How tipping fared on the 2024 ballot

As tipping culture shifts, voters took a stand on gratuity at the polls

Salon

TechScape: Will Elon Musk fire a third of the US government?

This week in tech news, Elon Musk and Donald Trump propose a “Department of Government Efficiency”, crypto wins big in every single election, and a modern equivalent of Lysistrata takes hold on TikTok.

The Guardian - US

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The CEO of a $17 billion real estate giant will step down after 50 years—and just weeks after a short seller accused him of concealing millions in self dealings

“Mr. Shiffman’s retirement is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices,” Sun Communities said in a filing.

Fortune

Do Wall Street Analysts Like Microsoft Stock?

Microsoft has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

7-Eleven Owner Announces Counter-bid To Foreign Buyout

The Japanese owner of 7-Eleven said Wednesday its founding family had offered a counter-bid to a takeover attempt by Canadian convenience store rival Alimentation Couche-Tard (ACT).

International Business Times

Elon Musk: Rocket Man Takes Aim At Washington

Billionaire Elon Musk took a wild gamble backing Donald Trump's White House candidacy, but the bet has paid off -- at least for now -- with the US president-elect handing him an outsized role to overhaul the government.

International Business Times

US inflation may have picked up in October after months of easing

Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years

The Independent UK

Home Depot sounds alarm on customer behavior

The home improvement retailer faces a persistent problem.

The Street

Another major healthcare provider files for Chapter 11 bankruptcy

A leading healthcare provider for prisons and mental health facilities filed for Chapter 11 protection.

The Street

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TechRadar

T-Mobile went down – everything we know about this network outage

The mobile network is experiencing an outage.

The Street

Formerly bankrupt restaurant chain reboots menu to fix low sales

The struggling restaurant chain is betting on a beloved menu item to help it make a comeback.

Tom’s Guide

T-Mobile was down — latest updates on major outage

T-Mobile service suddenly crashed for thousands across the United States today.

International Business Times

Global Stocks Slip As Markets Take Post-US Election Breather

A stocks rally following Donald Trump's US election win lost steam Tuesday as traders looked to consolidate recent gains, sending major indices lower on both sides of the Atlantic.

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Investors Business Daily

Instacart Posts Earnings Beat But Stock Slips On Mixed Outlook

Instacart stock slipped late Tuesday, despite the grocery delivery company reporting a Q3 earnings and sales beat.

Tom’s Hardware

Huawei develops massive 72TB SSD-tape hybrid storage device — first-gen MED drive targets warm and cold storage

Huawei's SSD-tape hybrid storage device could replace hard drives.

PC Gamer

Proposed class action lawsuit claims The Crew players were 'duped', bizarrely comparing the game shutting down to Ubisoft breaking into your house and stealing parts of a pinball machine

The question of ownership in the digital age rears its head again.

The Independent UK

23andMe cuts 40% of its workforce and discontinues therapeutics division

23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costs

The Guardian - US

Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles

Company says it will cut about 200 employees as value plummets in aftermath of huge data breach

International Business Times

Boeing Expects Post-Strike Output Recovery To Take Several Weeks

Boeing said Tuesday that it delivered 14 aircraft in October, but production will likely take several weeks to return to normal after a worker strike that hit operations at two major assembly plants.

The Independent UK

Don’t Settle for a Subpar Health Savings Account

Love them or hate them, it’s hard to see health savings accounts losing traction any time soon

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