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The Latest Breaking News on Business

Trump Is Coming for Tech Companies

It looks like we can expect the antitrust assaults to continue.

Reason

Stability AI's new CEO, hired six months ago, says business growing by 'triple digits' and no debt

Prem Akkaraju discussed the turnaround he's led at Stability AI as CEO in an interview at Fortune’s Brainstorm AI event in San Francisco.

Fortune

Record Week: Bitcoin ETFs Net $2.5 Billion In Inflows, Ethereum ETFs Took In $1.2 Billion

Digital asset investment products saw their highest-ever weekly inflows last week, totaling $3.85 billion, smashing the prior record set just weeks ago.

Benzinga

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Myer brings in body cameras, radios to keep staff safe

Mid-market department store Myer is beefing up security in its stores to protect workers and reduce the amount of theft.

AAP

Starbucks slams the brakes on a menu change customers despise

The coffee giant has announced that it is halting a controversial practice.

The Street

Threats Of Tariffs, Strike Spur Record Exports To US

The equivalent of 2.17 million 20-foot cargo containers is estimated to have arrived in November, with another 2.14 million forecast in December.

International Business Times

Struggling fast-food restaurant chain files Chapter 11 bankruptcy

A fast-food sandwich chain closed five locations and filed for bankruptcy to reorganize.

The Street

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MongoDB Posts Big Earnings Beat But Stock Falls After Recent Software Rally

MongoDB stock fell fell after Q3 earnings that easily beat expectations, powered by a 22% jump in sales.

Investors Business Daily

Google sues US Consumer Financial Protection Bureau over federal supervision order for Google Pay

Google is unhappy with its federal supervision order from the Consumer Financial Protection Bureau.

TechRadar

Is Microchip Stock a Buy Near Multi-Year Lows?

Microchip stock is trading near 2-year lows, but analysts remain bullish.

Barchart

El Salvador Relaxes Bitcoin Rules To Seal $1.3 Billion Loan

El Salvador close to $1.3B loan deal with IMF, contingent on changes to Bitcoin policy and fiscal deficit reduction. President Bukele focuses on economic revival and foreign investment.

Benzinga

Broadcom Likely For Upside Backed By AI Pipeline, Market Recovery, VMWare Synergy: Analyst

JP Morgan analyst maintains Overweight rating on Broadcom Inc with price target of $210. Expects better than expected earnings and growth in AI products, with strong demand and revenue opportunities.

Benzinga

Cap on credit card fees rejected

Groups including the U.S. Chamber of Commerce lobbied against the regulation

Salon

Oracle Stock Falls On Earnings, Sales Miss. Tech Giant Touts Strong AI Demand.

Oracle stock fell following its Q2 earnings report on Monday, which showed lighter-than-forecast sales and earnings.

Investors Business Daily

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The Street

Top analyst overhauls AMD stock price target amid post-earnings slump

AMD shares have been underperforming both the market and their peers since the chipmaker's third-quarter update in late October.

Salon

Restaurant workers' fight for childcare

Several groups are fighting to change childcare in America for the better

The Guardian - US

Two-thirds of startups don’t last 10 years. The brutal truth is no one cares

Why do so many businesses fail? Of course, there’s not just one reason

Fortune

'The mother of all bubbles' in the US is sucking money away from the rest of the world, market expert says

“Awe of ‘American exceptionalism’ in markets has now gone too far,” said Ruchir Sharma, chair of Rockefeller International.

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news in one place.

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The Street

McDonald’s menu change sparks sharp criticism from customers

The fast-food chain's menu decision appears to be backfiring.

Barchart

Is Crown Castle Stock Underperforming the Nasdaq?

Crown Castle has continued to underperform the Nasdaq Composite over the past year and analysts remain cautious about the stock’s prospects.

International Business Times UK

Shark Tank's Kevin O'Leary, Dodgers CEO Among Investors Eyeing TikTok Purchase and Revamp

A US court could ban TikTok if its Chinese parent company doesn't sell its stake. Several billionaires have expressed interest in acquiring the platform.

The Street

Mexico delays controversial cruise line tax for 6 months

A trade association representing Royal Caribbean, Carnival, Norwegian and other cruise lines says the delay is not enough.

InsideEVs

Rivian Is Last In Consumer Reports' Reliability List. Owners Still Love Them

What's a few software glitches, powertrain issues and battery faults between you and a car you truly love?

The Conversation

Share pledging is linked to higher corporate misconduct in China, study finds

Share pledging, where corporate insiders uses shares as collateral for personal loans, has been at the heart of several high-profile corporate scandals in recent years.

Barchart

How Is Coca-Cola's Stock Performance Compared to Beverage Stocks?

Coca-Cola has underperformed the broader beverage industry over the past year, but analysts are highly optimistic about the stock’s prospects.

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