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The Latest Breaking News on Business

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.

International Business Times

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

The Independent UK

Bitcoin Flash Crashes, Ethereum, Dogecoin Gain As Overheated Crypto Market Takes A Breather: Top Analyst Asks Traders To Hold Positions And Buy Dips

Bitcoin sharply fell on Thursday after its $100,000 milestone, even as other leading cryptocurrencies edged higher.

Benzinga

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Verizon quietly makes a change that just made customers very angry

The phone carrier made a sneaky change that has frustrated some of its customers.

The Street

Federal Judge Rejects Boeing's Plea Deal In 737 Max Fraud Case, Cites Concerns Over Diversity Policies And Monitor Selection

A federal judge rejected Boeing Co.'s plea agreement on Thursday, Dec. 5, 2024 in the criminal fraud case stemming from two fatal 737 Max crashes, citing concerns over diversity, equity and inclusion policies in the selection of a government-appointed monitor.

Benzinga

Housing supply and affordability may not improve in 2025 — here’s why

Here’s what homebuyers need to know about next year's housing market.

The Street

Major analyst revamps S&P 500 target for 2025

U.S. stocks have had their best back-to-back years since 1998.

The Street

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Struggling EV company shuts down, files Chapter 11 bankruptcy

New York-based electric vehicle maker files for Chapter 11 bankruptcy seeking a sale of its assets to a stalking-horse bidder.

The Street

US Judge Rejects Boeing 737 MAX Accord Over Diversity Policies

A US judge rejected a criminal settlement with Boeing over the 737 MAX crashes on Thursday, slamming diversity policies at the aviation giant and the Justice Department that made him "skeptical" of a fair outcome.

International Business Times

Rocket Mortgage Files Suit Against US Department Of Housing And Urban Development: 'We Will Not Stand Idly By'

Rocket Companies Inc (NYSE:RKT) has filed suit against the United States Department of Housing and Urban Development (HUD) related to regulations involving independent licensed appraisers.

Benzinga

UnitedHealth Group Stock Continues Upward Trend on 2025 Guidance Boost Amid Brian Thompson's Murder

The UnitedHealth Group stock is witnessing upward price pressures as share prices continue to hover close to record levels despite the tragic death of its insurance unit CEO Brian Thompson on Investor Day.

International Business Times UK

Black Friday 2024 weekend saw another record ecommerce sales

Thanksgiving, Black Friday and Cyber Monday spend is up in 2024, with $1.9 billion spent in just two hours.

TechRadar

Crude Oil Edges Lower; US Initial Jobless Claims Increase

U.S. stocks traded mostly lower toward the end of trading, with the Dow Jones index falling over 150 points on Thursday.

Benzinga

US judge rejects Boeing plea deal in conspiracy case stemming from fatal plane crashes

Justice Department first charged Boeing in January 2021 with defrauding Federal Aviation Administration regulators

The Independent UK

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International Business Times

US Trade Deficit Narrows In October As Imports Fall

The US trade gap narrowed more than expected in October, government data showed Thursday, as imports slipped more than exports.

The Independent UK

Bitcoin has finally hit $100,000. Where does it go from here?

Investors hopeful that record-breaking bull run will continue into 2025, though industry figures urge caution

Investors Business Daily

Uber, Lyft Stock Slide As Waymo's Miami Plan Reignites Robotaxi Fears

Uber stock tumbled in heavy volume as Waymo's Miami expansion reignited investors fears robotaxis will disrupt ride-hailing.

The Independent UK

Airline CEO says travelers trying to avoid paying for carry-on luggage are ‘shoplifters’

Budget airlines like Frontier and Spirit have recently been accused of exploiting customers with ‘junk fees’ for carry-on baggage

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TechRadar

Meta is spending billions on a new US data center

Meta’s one-mile-long data center will cost $10 billion, and it won’t be operational until at least 2030.

Benzinga

Tesla's Path To $400: Bank Of America Highlights EV, AI Growth

Bank of America raises Tesla's price target to $400, maintaining Buy rating.

Motor1

Nissan's Lack of Hybrids Is Killing the Company, Report Says

As the COVID pandemic eased up, Nissan CEO Makoto Uchida went full-speed ahead on an all-electric future and stepped away from hybrids. That decision could end Uchida's tenure as the head of Nissan, as it's a major factor in the automaker's current financial woes.

Benzinga

Netflix Stock Reaches New All-Time High This Week: What's Driving The Surge?

As 2024 winds down, Netflix is in the spotlight thanks to its strong historical performance in December and January. The streaming giant is known for delivering robust returns during this period.

International Business Times

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.

TechRadar

The EV charging nightmare could soon be over –universal Plug-and-Charge protocol due for US rollout in 2025

The rollout of a new protocol in the US should finally help simplify the EV charging experience.

Benzinga

Dollar General Clocks Upbeat Q3 Same-Store Sales Despite Hurricanes And Financially Constrained Core Customers, Tightens Annual Outlook

Dollar General's Q3 results show 5% sales growth with 1.3% same-store sales increase, driven by consumables. Updated 2024 guidance reflects hurricane impacts.

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