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The Latest Breaking News on Business

What You Need to Know Ahead of Waste Management's Earnings Release

Waste Management is all set to release its third-quarter earnings this month, and analysts expect a double-digit profit increase.

Barchart

Southwest Airlines activist investor takes major step toward changes

The “Succession”-style battle over the airline’s future has escalated yet again.

The Street

Here's What to Expect from Republic Services' Next Earnings Report

Republic Services is expected to release its third-quarter earnings later this month, and analysts expect a mid-single-digit earnings growth.

Barchart

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Boeing To Raise Up To $25 Bn As Strike Weighs On Finances

US aircraft manufacturer Boeing unveiled measures meant to replenish its cash flow Tuesday, including an intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike.

International Business Times

Brown & Brown's Quarterly Earnings Preview: What You Need to Know

Brown & Brown is all set to release its third-quarter earnings this month, and analysts expect a double-digit profit increase.

Barchart

Should You Follow Activist Investors Into This High-Yield Dividend Stock?

This dividend stock is now on the radar of activist investors, with Starboard eyeing a possible management shakeup.

Barchart

D.R. Horton Earnings Preview: What to Expect

With D.R. Horton set to release its fourth-quarter earnings this month, analysts anticipate a dip in the bottom line in the high single digits.

Barchart

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Boeing seeks to raise up to $25bn through stock and debt offering

Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns

The Guardian - UK

What You Need to Know Ahead of Franklin Resources’ Earnings Release

Franklin Resources is poised to announce its fourth-quarter results next month, and analysts predict a double-digit decline in the company’s bottom-line figure.

Barchart

Used EVs May Mostly End Up Around $25,000: Study

The used EV market is blowing up quickly and prices are falling to a certain magic number thanks to the tax credits.

InsideEVs

Walgreens To Close 1,200 Stores As Part Of Turn-Around Efforts

The first 500 stores are going to be shuttered in the next year.

International Business Times

Walgreens Stock Jumps As Ailing Drug Store Giant Plans To Cut 1,200 Locations

Walgreens topped Q4 estimates and announced plans to close 1,200 drug store locations, including 500 in fiscal 2025. Shares jumped.

Investors Business Daily

Another discount retailer shuts down, files Chapter 11 bankruptcy

Discount retailer files Chapter 11 bankruptcy with plans to close all 68 of its stores.

The Street

US Labor Secretary Intervenes In Boeing Strike

Boeing announced it will reduce 17,000 jobs and to issue 60-day layoff notices next month to thousands of employees in its commercial aviation division. The company plans to implement the layoffs in mid-January.

International Business Times

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International Business Times

Biden Administration Weighs Capping Nvidia AI Chip Exports To Some Countries: Report

This new strategy would establish a cap on export licenses for some countries for national security reasons, particularly focusing on Persian Gulf countries.

Salon

I hate making less money than my friends

Financial comparisons with peers can affect self-worth, especially for those in creative fields

Fortune

Uber teases new gig opportunities for humans in a world of autonomous cars

What's the future for humans in a world of AI? Major companies are already planning new roles.

Barchart

What to Expect From Exxon Mobil's Q3 2024 Earnings Report

Exxon Mobil will release its third-quarter earnings next month, and analysts anticipate a double-digit profit dip.

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news in one place.

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International Business Times UK

Black Worker Sues US Company After They Sent Police To His Home For A 'Wellness Check' During His Medical Leave

A Black Workday employee sued the company for racial and disability discrimination after the company sent police to his home for a wellness check.

International Business Times

Blue Cross Blue Shield To Pay $2.8 Billion To Settle US Healthcare Antitrust Lawsuit

In addition to the financial settlement, the agreement includes significant operational changes aimed at enhancing transparency and improving the efficiency of BCBS's claims processing system.

International Business Times

Bitcoin Breaks Above $65K On $BTC ETF Inflows, Improving Regulatory Outlooks

Bitcoin hit $66,000 at one point Monday on the back of positive spot $BTC ETF flows, BlackRock's Larry Fink calling the digital currency "an asset class in itself," and more positive outlooks about crypto regulation.

Crikey

SEEK is training AI on user data, according to a little-noticed privacy policy update

Using AI to rank candidates for job applications is one of the possible uses listed by the employment platform company.

Laptop

Apple agrees with Sam Altman: AI is incredibly dumb

Research from Apple’s AI team shows that today’s big AI models aren’t as smart as we think. Despite that, AI is being misused more and more every day.

The Street

Starbucks is scaling back a privilege customers love

The coffee giant has reportedly made a major change that customers may not be too fond of.

The Street

Struggling Tesla rival's new CEO is making a risky bet to sell EVs

The new leader has fresh ideas to turn the boat around.

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