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The Latest Breaking News on Business

Stonepeak Reportedly Close To $3.1 Billion Acquisition Of ATSG

The New York-based investment firm aims to purchase ATSG at a price of $22.50 per share, which is an almost 30% premium compared to the company's closing price on Friday, according to a report.

International Business Times

Blackstone In Advanced Discussions To Buy Shopping Center Owner Retail Opportunity: Report

This year has seen a slowdown in real estate deal-making, with U.S. mergers and acquisitions declining by 39% to $27.1 billion, according to data from Dealogic. Elevated interest rates have raised borrowing costs, impacting the market.

International Business Times

Boeing Union Workers Vote On Contract Offer Amid Strike

Boeing unionized workers vote on contract offer after 7-week strike. Proposed deal includes 38% pay raise over 4 years.

Top News

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‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy

While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances

The Guardian - US

As plumbers and other trades take off, this PE-backed firm sees deals for 'life-changing generational wealth'

"Sometimes I'll literally say, 'I make millionaires for a living,'" Redwood Services founder and CEO Richard Lewis said.

Fortune

Warren Buffett cuts Apple stake massively and artfully

In its quarterly report Berkshire Hathaway shows that it really knows how to trim a stock position.

The Street

Stock market today: Asian shares are mostly higher as China begins major economic meeting

Shares are mostly higher in Asia as China's leaders begin a major meeting expected to bring fresh pledges of help for the world's second-largest economy

The Independent UK

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Boeing machinists are holding a contract vote that could end their 7-week strike

Unionized factory workers at Boeing are voting on Monday whether to accept a contract offer or to continue their strike

The Independent UK

New Kindle Colorsoft users reporting 'distracting' yellow strip on screen

The newest Kindle, the Colorsoft, is reportedly experiencing display issues with a 'discoloured' yellow band popping up on the bottom of the screen.

Tom’s Guide

Striking Boeing Workers Set To Vote On Latest Offer

Striking workers at Boeing will vote Monday on the aerospace giant's latest contract proposal to end a bruising walkout that has dragged on for more than seven weeks.

International Business Times

A TV as big as a bed? With the holidays approaching, stores stock more supersize sets

For some television viewers, size apparently does matter

The Independent UK

Boeing cuts a controversial team after receiving stern warning

The struggling aerospace company has made a drastic decision designed to avoid backlash from consumers.

The Street

Microsoft workers fired over Gaza vigil say company ‘crumbled under pressure’

Abdo Mohamed and Hossam Nasr organized event outside headquarters to reject company doing business in Israel

The Guardian - US

Starbucks CEO Brian Niccol has one job: Fix the bad vibes

The former Chipotle leader has big staffing and operations challenges at the coffee company.

Fortune

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The Street

Analysts reboot Snap stock price target after earnings

This is what could happen next to Snap shares.

Tom’s Hardware

Nvidia to replace Intel in Dow Jones Industrial Average — Intel's 25-year reign has come to an end

Intel will lose its place on the Dow Jones Industrial Average on November 8, where it will be replaced by AI giant Nvidia.

The Street

Spectrum is relying on a generous offer to win back customers

The telecommunications company is betting on a new plan to help curb a distressing consumer trend.

Tom’s Hardware

GlobalFoundries fined $500,000 for restricted chip exports to Chinese firm on U.S. entity list — chipmaker shipped $17 million worth of silicon wafers to China’s SJ Semiconductor

GlobalFoundries is said to have shipped 74 orders, totaling $17.1 million, to SJ Semiconductor, a SMIC affiliate, without obtaining the required license.

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The Independent UK

Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock

Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assorted businesses without finding any major acquisitions

Investors Business Daily

Warren Buffett Still Can't Find A Pitch He'd Like To Swing At

Berkshire Hathaway earnings fell on an operating basis and put buybacks on hold. Warren Buffett slashed Apple holdings again.

Reason

Washington Sued for 'Racially Conscious' Homeownership Program

Washington's Covenant Homeownership Program excludes certain applicants on the basis of race.

Fortune

Anxious Google employees just broached cost-cutting concerns with executives—who were dressed in Halloween costumes

The tech giant’s chief scientist Jeff Dean was reportedly dressed as a starfish.

International Business Times

Judge Tosses New York Plastic Pollution Lawsuit Against PepsiCo

A New York Supreme Court justice has thrown out an environmental pollution lawsuit against PepsiCo, in a blow to authorities in the US state who wanted the beverage giant to rein in its use of single-use plastics.

The Street

Stellantis's woes may be a valuable opportunity for new car buyers

The parent company of Dodge, Jeep, faces many issues but might add leverage to buyers at the dealership.

Tom’s Hardware

Lunar Lake's integrated memory is an expensive one-off — Intel rejects the approach for future CPUs due to margin impact

Panther Lake, Lunar Lake, and their successors will not have on-package memory.

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