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The Latest Breaking News on Business

Nestlé plans to double down on ‘billionaire brands’ in major overhaul, cutting $2.8 billion in costs

Nestlé is home to 31 brands that are "billionaires" in their own right. Still, it's slipped behind competitors—new CEO Laurent Freixe wants to fix that.

Fortune

Nippon Steel Makes Anti-Import Vow To Save US Steel Deal Amid New Tariffs

The Japanese steelmaker aims to complete the takeover of United States Steel Corp before President-elect Donald Trump, who had vowed to block the acquisition during his campaign, assumes office in January.

International Business Times

Omnicom Stock: Analyst Estimates & Ratings

Omnicom underperformed the broader market over the past year, but Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

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What Are Wall Street Analysts' Target Price for Capital One Stock?

Capital One has outpaced the broader market over the past year, and analysts remain moderately bullish on the stock’s prospects.

Barchart

Northrop Grumman Stock Outlook: Is Wall Street Bullish or Bearish?

Northrop Grumman underperformed the broader market over the past year, but Wall Street analysts remain moderately bullish about the stock’s prospects.

Barchart

Spotify's new brand direction could be the beginning of the end

The platform is proving it doesn’t care about music.

Creative Bloq

Appeals Court Likely To Dismiss Amazon, SpaceX Suits Against NLRB

The appeals court is very likely to rule against SpaceX and Amazon in cases filed against the NLRB.

International Business Times

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Is Wall Street Bullish or Bearish on Cigna Group Stock?

Cigna Group has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

Costco recalls 80,000 pounds of butter

Many questioned the need for the recent recall on social media

Salon

Donald Trump's presidency could help light a speculative fire under gold, pushing the price to a fresh all-time high

Goldman Sachs sees plenty of upside in the price of bullion over the next 13 months amid concerns over U.S. tariffs and debt sustainability ahead of Trump taking office.

Fortune

Are Wall Street Analysts Bullish on Qorvo Stock?

Qorvo has significantly underperformed the broader market over the past year, and analysts are cautious about the stock’s prospects.

Barchart

The Base Tesla Model Y Lease Price Is Now The Same As The Base Model 3

Tesla appears to be on an end-of-year incentive spree, at least when it comes to its best-seller, the Model Y crossover.

InsideEVs

Bitcoin Topples Saudi Aramco To Become World's 7th Largest Asset By Market Cap

Bitcoin has passed oil behemoth Saudi Aramco to become the world's seventh-largest asset by market capitalization, marking another milestone in the journey of what was once an asset tainted by widespread skepticism.

International Business Times

Trump-Inspired Campaign Playbook? Polish Presidential Aspirant Vows To Turn Poland Into 'Crypto Haven'

Slawomir Mentzen, the Confederation Party's presidential nominee, is taking a campaign route that the U.S. has seen before in Donald Trump – will his strategy bring success?

International Business Times

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The Street

McDonald’s makes a desperate move to win back fleeing customers

The fast-food chain is rolling out a new strategy to attract back customers who were scared off by its recent E. coli outbreak.

The Independent UK

Helping out the First Buddy: Musk’s Tesla stock soars after reports Trump will ease rules on driverless cars

As recently as October, Trump said he found autonomous vehicles ‘concerning’ and would ‘stop them from operating on American roads’

International Business Times

US To Call For Google To Sell Chrome Browser: Report

The US will urge a judge to make Google-parent company Alphabet sell its widely used Chrome browser in a major antitrust crackdown on the internet giant, according to a media report Monday.

International Business Times

Boeing Will Lay Off Workers Days Before Christmas

The job cuts are part of plan to trim 17,000 employees, or 10% of the struggling aerospace giant's global workforce.

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The Street

Major healthcare provider files for Chapter 11 bankruptcy

Provider of clinical care centers with a comprehensive range of medical services files for Chapter 11 bankruptcy protection.

Investors Business Daily

Trump Expands Crypto Reach With Acquisition Talks, Coinbase Meeting

President-elect Donald Trump set to meet with Coinbase CEO. Trump Media stock bolts on crypto acquisition talks.

The Independent UK

Spirit Airlines filed for bankruptcy. What does that mean for travelers?

The largest budget airline in the U.S., has filed for Chapter 11 bankruptcy protection

Motor1

GM Cuts 1,000 Jobs, Scales Back Testing at Milford Proving Grounds

GM laid off approximately 1,000 employees last Friday, the company confirmed to Motor1. To put an extra dose of sour into the situation, employees were reportedly notified through early morning emails. According to the Detroit Free Press, the layoffs affected both salaried and hourly employees.

International Business Times

Starbucks Hopes To Improve Relationship With Workers Under New CEO

Starbucks, under new chief executive officer Brian Niccol, is trying to improve work conditions for employees, an issue that's become so prevalent that it led to unionization.

The Independent UK

What happens to my flight now that Spirit Airlines has filed for bankruptcy?

‘Chapter 11’ is known as the ‘carwash’ in the aviation industry, because of the way it freshens up airlines

Investors Business Daily

Breakout Watch: Warren Buffett Stock Smashes Apple And Amazon

Joining Apple and Amazon as holdings of Warren Buffett's Berkshire Hathaway, Heico stock is testing a buy zone on strong growth.

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