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The Latest Breaking News on Business

Investor calls out Spirit Airlines CEO's pre-bankruptcy bonus

A letter to a bankruptcy judge claims "gross enrichment of the very people responsible for Spirit's financial collapse."

The Street

Federal Appeals Court Upholds Law That Could Ban TikTok In The U.S. If It's Not Sold To An American Soon

The law, passed in April, requires the social media platform be sold by Jan. 19 of next year of face a ban

Latin Times

Judge Rejects Boeing Plea Deal Over DEI Concerns

Federal judge rejects Boeing's plea deal over 737 Max deception, raising concerns about oversight and diversity policies.

Top News

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Consumer Sentiment Hits 7-Month High, But Inflation Fears Divide Democrats, Republicans

December consumer sentiment index rose to 7-month high due to improved economic conditions & growing concerns over inflation, leading to increased purchases.

Benzinga

US Companies Hired More People In November But Unemployment Jumped

The US economy added more jobs than expected last month, government data showed Friday, bouncing back from a dramatic slowdown triggered by hurricanes and labor strikes.

International Business Times

Boeing’s plea deal shot down by judge because the independent monitor would be a DEI hire

The scandal-plagued aerospace group has 30 days to come up with a new plan with the Justice Department.

Fortune

Jobs report stokes more bets on December Fed interest rate cut

The November jobs report showed a solid hiring rebound and improving wage gains.

The Street

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US adds 227,000 jobs in November as Fed expected to cut interest rates again

Latest report follows October’s disappointing tally as Fed likely to cut interest rates for third time in 2024

The Guardian - US

JetBlue Cuts Unprofitable Domestic and Transatlantic Routes, Will End Service From JFK to Miami

The airline will also reduce service from JFK to Austin, Texas and end its second daily flight from JFK to Paris.

Latin Times

Lululemon, Ulta Beauty Stock Lead S&P 500 On Earnings, Target Hikes

Analysts hoist price targets for Lululemon, Ulta Beauty after the specialty retailers posted Q3 results, lifted 2024 forecasts.

Investors Business Daily

Protecting e-commerce merchants from fraud and abuse with AI

How AI and ML powered automation can reduce retail fraud.

TechRadar

Amgen Stock Falls on Weight Loss Drug Data: Overreaction or Fair?

Results for Amgen's weight loss drug Maritide were highly anticipated, but fell short. However, MariTide could still turn the tables in future studies.

MarketBeat

1 Overlooked Semiconductor Stock Hedge Funds Are Buying

This semiconductor stock is down 21% YTD, but hedge funds are going long.

Barchart

US Stocks Likely To Open In Red As Investors Remain Cautious Ahead Of Key Payrolls Data: Bitcoin's Rally Above $100K Is 'Precursor' To S&P 500's Performance For Rest Of The Year, Fundstrat's Tom Lee Says

U.S. stocks could open in the red on Friday as investors exercise caution and take a break after pushing the Dow past 45,000 for the first time.

Benzinga

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Barchart

Is United Parcel Service Stock Underperforming the S&P 500?

Despite underperforming the S&P 500 over the past years, analysts remain optimistic about United Parcel Service’s prospects.

Reason

The PPP Was a COVID-Era Disaster. Trump Wants To Promote the Guy Who Ran It.

After overseeing the pandemic-era Paycheck Protection Program (PPP), which was a bloated, wasteful mess, Michael Faulkender is failing up.

Chicago Sun-Times

Pa's Khao Man Gai recipe from Lowcountry's Chef Pan Hompluem

Khao Man Gai is a Thai street food staple. "This dish is incredibly special to me because it's my dad's recipe, and it's been my favorite for as long as I can remember," Chef Hompluem says.

Reason

Boeing Plea Deal Rejected by Judge O'Connor

Judge O'Connor agrees with the 737 MAX crashes victims' families that the deal's proposed corporate monitor provision "marginalizes" the court and raises other concerns.

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Fortune

Chipotle admits its prices are going up—the same day a top analyst discovered higher-priced protein on the menu

The fast-casual Mexican chain has taken some heat for its inconsistent portion sizes, but analysts see better days ahead for Chipotle.

Benzinga

'Problem Is Much Larger:' After Boeing's Plea Deal Is Rejected By Federal Court Over Monitor Provision, Experts Blame 'Fundamentally Broken' System 'In Dire Need Of Reform'

The plea agreement between the U.S. Justice Department and Boeing regarding the company's involvement in two fatal 737 Max jetliner crashes has been dismissed by a federal court. The rejection was due to the proposed monitor provision, which has sparked a debate on the need for a complete overhaul of the…

Benzinga

Ford EV Sales Surge In November On Strong Mustang Mach-E Sales Despite Drop In Lightning EV Pickup Popularity

Ford Motor said on Wednesday that the company sold 10,821 electric vehicles in the U.S. in November, marking a growth of 20.8% from last year, after its Mustang Mach-E SUV sales surged to balance the fall in sales of the F-150 Lightning EV pickup truck.

Benzinga

Jim Cramer Admits To 'Sweating' Bullish Calls As Ulta, Lululemon, DocuSign Rally: 'You Need To Be Safe And Sensible, Too'

Jim Cramer urged caution on Thursday, Dec. 5, 2024, despite strong earnings beats from major retailers, as Ulta Beauty Inc, Lululemon Athletica Inc, and DocuSign Inc all saw significant after-hours gains.

International Business Times

Gen Z's Savings Struggle: Sell These 7 Valuables To Catch Up

Find out how Gen Z can boost their finances by selling unwanted possessions. Find out how to get started, where to sell them, and what to sell.

International Business Times

Bitcoin Plunges, Wipes Out $1 Billion From Crypto Market Hours After Momentous $100K Feat

Bitcoin's sudden plunge just hours after it hit $100,000 for the first time resulted in massive liquidations across the crypto market – hitting OKX and Binance traders hard.

The Independent UK

US hiring likely rebounded last month after storms and strikes curtailed October job growth

Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to its lowest level in nearly four years

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