The Latest Breaking News on Business

Citigroup will release its third-quarter earnings this month, and analysts anticipate a single-digit profit dip.

The FTC alleges in its lawsuit that Amazon employs anti-competitive tactics to maintain dominance among online marketplaces and superstores. In December, Amazon sought to dismiss the case, stating that the FTC had provided no evidence of consumer harm.

The government is trying to replenish the sale of 180 million barrels from the reserve in 2022.

J.B. Hunt Transport is poised to release its third-quarter results this month, and analysts are projecting a double-digit earnings decline.

December S&P 500 E-Mini futures (ESZ24) are down -0.13%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.06% this morning as investors awaited the latest reading on U.S. job openings, comments from Federal Reserve officials, and an earnings report from the world’s largest shoemaker Nike.

Giant Eagle announced a $25 million price reduction plan to compete with rivals. Prices of many items will be slashed by up to $2.

Users in Chicago and Seattle were among the worst hit, with some iPhone users reporting that their devices displayed "SOS" mode.

U.S. judge dismisses without prejudice the lawsuit filed by shareholders of Tesla against the company and Elon Musk.

Asian shares are mixed, with Japan's Nikkei 225 index regaining some of its sharp losses from a day earlier

Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to a closely watched survey called “tankan.”

The retail giant has had a challenging few months, which has had a negative impact on its profits.