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The Latest Breaking News on Business

El Salvador Plans To Sell Or Shut Its Crypto Wallet

The announcement came after the Central American nation's government reached a $1.4 billion loan deal with the International Monetary Fund that addressed its controversial embrace of bitcoin.

Latin Times

S&P Futures Plunge as U.S. Government Shutdown Looms, PCE Inflation Data in Focus

December S&P 500 E-Mini futures (ESZ24) are trending down -0.80% this morning as risk sentiment took a hit on worries about a possible U.S. government shutdown, while investors awaited the Federal Reserve’s first-line inflation gauge for fresh clues on its policy outlook.

Barchart

Starbucks Baristas Strike In Major Cities Over Contract Negotiations

Hundreds of Starbucks baristas are going on a 5-day strike in Los Angeles, Chicago and Seattle, citing unfair labor practices and stalled negotiations with the company.

International Business Times

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Are Keurig pods recyclable?

"Every cup of java brewed creates a conundrum: what to do with the coffee pod that produced it"

Salon

Microsoft is the biggest of the mystery whales buying up Nvidia chips

The vast majority of Nvidia’s coveted AI chips are bought by just a handful of the largest tech companies.

Fortune

Nike Skids As Analysts Trim Targets Despite Earnings, Revenue Beat

Nike stock swooned early Friday after the Dow Jones retailer struggled to clear a low bar for Q2 2025 results.

Investors Business Daily

Starbucks Workers Plan Nationwide Strike Over Contract Negotiations

Starbucks workers in the U.S. plan a strike over stalled contract negotiations and fair treatment issues, potentially impacting stores nationwide.

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Unionized workers at US Starbucks stores plan strikes starting Friday

Workers at Starbucks stores plan to go on a five-day strike starting Friday to protest lack of progress in contract negotiations with the company

The Independent UK

Starbucks Workers To Start US Strike On Friday: Union

Workers at Starbucks will walk off the job Friday in three US cities in a strike their union threatened could spread around the country in the busy run-up to Christmas.

International Business Times

Chaos Erupts as NYPD Breaks Picket Line of Striking Amazon Workers, Detain Driver: 'Cops Work for Jeff Bezos, Not You'

The NYPD successfully broke a picket line of strikers pushing Amazon to recognize labor unions for drivers and warehouse employees.

Latin Times

Amazon workers are striking at multiple delivery hubs. Here's what you should know

Amazon workers affiliated with the Teamsters union are holding a strike at seven of the company’s delivery hubs less than a week before Christmas

The Independent UK

US Department of Commerce finalizes $458 million grant for SK Hynix to build Indiana packaging plant — plans to lend an additional $500 million for Lafayette project

SK Hynix gets $458 million from the U.S. government via the CHIPS Act to build an HBM packaging plant in Indiana.

Tom’s Hardware

Holiday Packages Likely Delayed as Amazon Workers Walk Out In Hubs Across 4 States: 'Blame Amazon's Insatiable Greed'

Amazon delivery drivers have gone on strike at seven facilities across four states just days before Christmas, potentially disrupting holiday deliveries.

Latin Times

AMD's 'Golden Rabbit' GPU reportedly hits 'end of life' status — Radeon RX 7900 GRE is no longer available at any retailer

Tweakers reports that several AMD add-in board partners confirmed the upper mid-range RX 7900 GRE is now declared "end-of-life" and is no longer being produced.

Tom’s Hardware

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International Business Times

Thousands Of US Amazon Staff Strike Days Before Christmas

Thousands of Amazon workers on Thursday launched what they called the "largest strike against Amazon in US history" seeking to maximize pressure on the retail behemoth at the height of the holiday shopping season.

The Guardian - US

Why are Amazon workers on strike – and what does it mean for Christmas deliveries?

Amazon Labor Union – comprising 10,000 workers across the US – is striking over the company’s refusal to negotiate

Top News

U.S. Existing Home Sales Rise To Fastest Pace Since March

Learn about the recent surge in existing home sales in the U.S. driven by increased inventory despite rising mortgage rates.

Salon

Amazon strike threatens holiday packages

The Teamsters union said that Amazon failed to come to the bargaining table by a Dec. 15 deadline

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The Independent UK

Amazon’s labor strife puts Christmas delivery in question as strikes launched across nation

Amazon insists its operations will not be affected by the strike

TechRadar

Amazon stops return to office policy for US workers due to lack of office space

Despite announcing RTO plans months before they were set to roll out, Amazon still isn’t ready.

Reason

No, California's $20 Minimum Wage for Fast-Food Workers Did Not Create Jobs

A University of California, Berkeley, study trumpeted in the media doesn't say what the press release claims.

The Guardian - US

US Amazon workers go on ‘largest’ strike against company, Teamsters union says

Employees at seven facilities including New York, Atlanta and San Francisco take action in demand of contract talks

Investors Business Daily

Strong AI Data-Center Business Not Enough To Help Micron

Strong sales of memory chips for data centers weren't enough to offset weakness in PC and smartphone markets for Micron in Q1.

Investors Business Daily

Analyst Sees 'Buying Opportunity' After Uber Stock Sell-Off On Waymo, Tesla Robotaxi Concerns

An Uber stock analyst with Oppenheimer says the ride-hail market leader's recent sell-off is an opportunity for investors.

Investors Business Daily

FedEx Stock Retreats After 'Market Cheers' Freight Spin Off

FedEx stock has outperformed UPS in 2024.

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