Business News - The Last 24 Hours

Judge tosses Boeing criminal case over 737 Max crashes at DOJ request despite skepticism
CNBC - 26 min 57 sec ago
A total of 346 people had been killed in the crashes of two Boeing 737 Max airplanes.

RELATED:

Reuters - Boeing settles with families of three 737 MAX crash victims - Reuters - 4 hours 40 min ago

Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown
CNBC - 57 min 26 sec ago
The central bank official said told CNBC that he has concerns because of the lack of inflation reports.

RELATED:

NDTV - US To Cut 10% Of Flights At 40 Major Airports Amid Longest Shutdown - 11 hours 29 min ago

BBC - US to cut flights at 40 airports if shutdown doesn't end, transportation secretary warns - 13 hours 28 min ago

FOX Business - Fetterman breaks with Democrats over government shutdown as 'sad political spectacle' drags on - 14 hours 39 sec ago

Reuters - Exclusive: US orders 10% flights cut at major US airports due to shutdown - Reuters - 14 hours 8 min ago

Deutsche Welle - Trump administration orders 10% flights cut amid shutdown - 15 hours 40 min ago

CNBC - FAA to cut flights by 10% at 40 major airports due to government shutdown - 17 hours 32 min ago

Bloomberg - The US Government Shutdown Is the Longest Ever. Why Does This Keep Happening? - Bloomberg.com - 23 hours 18 min ago

COMMENTARY:

The Independent - Trump administration cutting flights at 40 airports amid longest government shutdown in history: Live updates - 1 hour 3 min ago

SCMP - US government shutdown muddies China trade as agricultural officials miss expo - 2 hours 26 min ago

Indiatimes - When will the Federal government shutdown end? Here's what you need to know - 2 hours 54 min ago

The Guardian - Workers decry Trump officials as ‘out of control’ as longest shutdown drags on - 4 hours 26 min ago

BusinessInsider - The FAA is cutting 10% of flights in 40 busy markets to ensure safety during the government shutdown - 15 hours 7 min ago

New York Times - Shutdown Becomes Longest in History, as Trump Officials Threaten Pain Could Worsen - 18 hours 16 min ago

Will Bank of England governor play Santa or Scrooge on interest rates?
BBC - 57 min 45 sec ago
The interest rate decision was made by the narrowest of margins, meaning all eyes are now on the Bank's December meeting.

RELATED:

BBC - Interest rates expected to be held as Budget looms - 15 hours 16 min ago

COMMENTARY:

The Guardian - Bank of England’s decision to keep interest rates at 4% is not all doom and gloom - 2 hours 4 min ago

Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags
CNBC - 59 min 33 sec ago
The split in company results indicates consumers are splurging in some areas, as they save in others.

RELATED:

FOX Business - Top 5 most expensive drugs for consumers - 3 hours 26 min ago

COMMENTARY:

SCMP - Luxury and lifestyle giants signal confidence in China’s consumer recovery - 3 hours 57 min ago

The Independent - Nearly half of all goods imported into the US face some tariffs, raising costs for companies and consumers - 23 hours 35 min ago

Disney's ESPN, Penn Entertainment to wind down sports betting partnership, ESPN Bet
CNBC - 2 hours 14 min ago
ESPN and Penn Entertainment are winding down their sports betting partnership two years after reaching a 10-year agreement.

RELATED:

FOX Business - Disney unveils new show in park undergoing massive transformation - 22 hours 42 min ago

COMMENTARY:

Indiatimes - ‘Murdaugh: Death in the Family’ on Disney’s Hulu: What was the real case involving Alex Murdaugh, who killed his wife and son, and what were his financial crimes; Check series finale date - 10 hours 10 min ago

New York Post - Disney unveils massive transformation at Animal Kingdom with new Zootopia show - 17 hours 25 min ago

BusinessInsider - The Disney-YouTube TV spat is about so much more than two companies fighting - 19 hours 56 min ago

United Airlines to offer refunds because of shutdown-caused flight restrictions
FOX Business - 2 hours 16 min ago
FAA orders schedule reductions at 40 domestic airports starting Friday due to the government shutdown, prompting United Airlines to offer customer refunds.

COMMENTARY:

BusinessInsider - Airlines have been ordered to cancel thousands of flights due to the government shutdown. Here's what they're telling passengers. - 3 hours 1 min ago

Indiatimes - American Airlines Flights Cancelled: List of Airports impacted and what you need to know if you are travelling this week - 5 hours 27 min ago

Tesla shareholders to decide fate of Musk's $1T pay package
FOX Business - 2 hours 26 min ago
Tesla shareholders will decide on CEO Elon Musk's $1 trillion pay package, which is tied to ambitious market cap goals and company milestones over a decade.

NDTV - Musk A Trillionaire? Debate Over Tesla CEO's Pay Package Rages - 12 hours 54 min ago

COMMENTARY:

Indiatimes - Musk's $1 trillion pay package to face Tesla shareholder vote - 7 hours 49 min ago

The Hindu - Elon Musk the trillionaire? Debate over his Tesla pay package rages - 11 hours 48 min ago

The Independent - Musk the trillionaire? Debate over his Tesla pay package rages - 23 hours 14 min ago

Google's rolling out its most powerful AI chip, taking aim at Nvidia with custom silicon
CNBC - 2 hours 27 min ago
Google says Ironwood, the seventh generation of its Tensor Processing Unit, is more than four times faster than its predecessor chip.

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NDTV - Apple To Use Google's Gemini Model To Run New Siri: Report - 11 hours 29 min ago

Reuters - Google's $32 billion deal for Wiz clears DOJ antitrust review, Wiz CEO tells WSJ - Reuters - 18 hours 56 min ago

COMMENTARY:

SCMP - Apple nears US$1 billion-a-year deal to use Google’s Gemini AI model for Siri - 5 hours 59 min ago

The Straits Times - Apple nears deal to pay Google roughly $1.3 billion a year for Siri AI model - 10 hours 42 min ago

BusinessInsider - Google is in early talks to deepen its investment in Anthropic - 12 hours 51 min ago

Indiatimes - Apple to use Google's AI model to run new Siri: Report - 13 hours 44 min ago

CarMax stock falls more than 10% as CEO steps down
CNBC - 2 hours 27 min ago
CarMax said board member David McCreight, a retail clothing executive who has served as CEO of Lulu's Fashion Lounge Holdings, will serve as interim CEO.

COMMENTARY:

BusinessInsider - I'm a CEO pivoting my business abroad because of tariffs. I'm treating the US like hot lava. - 4 hours 32 min ago

Indiatimes - Comet 3I/ATLAS can 'wipe out an entire continent?': SpaceX CEO's stunning claim as mystery around interstellar object deepens - 5 hours 49 min ago

SCMP - Nvidia CEO Jensen Huang warns China will ‘win the AI race’: report - 7 hours 6 min ago

What Is Vreels, New Social Media Platform Made By India And The US
NDTV - 2 hours 50 min ago
In a world where people juggle multiple apps to create content, chat, and shop, Vreels brings everything together in one space.

Deutsche Welle - India repatriating nationals who fled Myanmar scam center - 6 hours 8 min ago

NDTV - "8 Planes Shot Down": Trump Updates Key Figure In India-Pak Peace Claim - 11 hours 53 min ago

COMMENTARY:

Indiatimes - India beat Australia by 48 runs in 4th T20I - 2 hours 12 min ago

The Hindu - India needs big, world-class banks: Nirmala Sitharaman - 4 hours 9 min ago

Job cuts in October hit highest level for the month in 22 years, Challenger says
CNBC - 2 hours 57 min ago
Job cuts for October totaled 153,074, a 183% surge from September.

Ukraine: Russia says advances made in key city of Pokrovsk
Deutsche Welle - 4 hours 37 min ago
Russia says it has nearly surrounded the frontline city and is close to capturing it, after over a year of fighting. Meanwhile, South Africa is probing how 17 of its citizens were lured to fight in the war. DW has more.

RELATED:

Deutsche Welle - South Africa probes how 17 of its citizens were lured to fight as mercenaries in Ukraine - 4 hours 37 min ago

COMMENTARY:

Russia Today - Budapest accuses Ukraine of trying to mobilize ethnic Hungarian students - 40 min 26 sec ago

The Guardian - Ukraine faces ‘forever war’ unless Europe steps up pressure on Russia, says ex-Nato chief - 4 hours 26 min ago

The Independent - Angelina Jolie’s Ukraine visit sparks row as military recruiters seize her driver - 5 hours 27 min ago

Indiatimes - Angelina Jolie’s driver detained and drafted into the army during her trip to war-torn Ukraine - Is he a Ukrainian? Check the reason behind his detention - 9 hours 15 min ago

Exclusive: China pushes equity fund launches to support stock market -sources - Reuters
Reuters - 5 hours 2 min ago
Exclusive: China pushes equity fund launches to support stock market -sources Reuters

COMMENTARY:

Indiatimes - Is it Big Short 2.0? Deutsche Bank reportedly shorting AI stocks as data center risks emerge - 1 hour 43 min ago

SCMP - Has Trump 2.0 really been a boon to stock markets and the economy? - 6 hours 57 min ago

The Hindu - Stock markets bounce back in early trade amid rally in global peers, buying in blue-chips - 10 hours 31 min ago

Are Christians being persecuted in Nigeria as Trump claims?
BBC - 6 hours 6 sec ago
Donald Trump says thousands of Christians are being killed in Nigeria - where has he got the numbers from?

RELATED:

NDTV - US Test-Fires Huge City-Killer Missile After Trump's Nuclear Move - 6 hours 10 min ago

Deutsche Welle - Trump warns of 'communism' after Mamdani elected NYC mayor - 12 hours 26 min ago

BBC - From gas to groceries, has Trump kept his promise to tackle rising prices? - 14 hours 35 min ago

FOX Business - LARRY KUDLOW: The Trump economy is booming - 16 hours 21 min ago

Bloomberg - Climate-Friendly Mayors Find Hope in Trump’s Election Setback - Bloomberg.com - 17 hours 4 min ago

COMMENTARY:

Russia Today - Orban heads to meet Trump: How conservative allies repaired Biden-era damage - 1 hour 49 min ago

Indiatimes - Millions could lose SNAP benefits and food stamps this month under Trump’s new plan — here’s what to know - 2 hours 1 min ago

The Guardian - Trump promised lower prices, but Republicans lost as voters sought affordability - 2 hours 1 min ago

The Independent - ‘Live, laugh, lose’: Trump hammered over golden Oval Office sign tacked to White House wall - 2 hours 41 min ago

BusinessInsider - USDA is still working on SNAP payments despite Trump's threat to cut it off - 11 hours 46 min ago

SCMP - While Trump boasts about ending wars, China quietly works towards peace - 17 hours 57 min ago

Does Trump Have A Plan To Denuclearise US, Russia And China? "Maybe"
NDTV - 7 hours 22 min ago
US President Donald Trump said on Wednesday that he may be working on a plan to denuclearize with China and Russia, without providing details.

COMMENTARY:

The Independent - Europe’s new weapons system to fight the rising threat of Russian drones - 1 hour 54 min ago

Russia Today - NATO chief urges West to prepare for long-term confrontation with Russia - 3 hours 9 min ago

SCMP - ‘Drone wall’: how Nato is plugging the Russian airspace gap - 4 hours 6 min ago

Indiatimes - Putin signals Russia could resume nuclear tests for first time in 35 years after Trump’s surprise directive to end US moratorium - 20 hours 13 min ago

Government considering new tax on EV drivers in Budget
BBC - 7 hours 36 min ago
The BBC understands there have been "conversations" within government about the possibility of a new levy on EVs.

RELATED:

BBC - Government considering new tax on EV drivers in Budget - 7 hours 36 min ago

FOX Business - These 10 states offer the biggest property tax savings for American homeowners - 15 hours 24 min ago

COMMENTARY:

The Guardian - Banks poised to escape tax rises in Rachel Reeves’s budget - 3 hours 18 min ago

The Straits Times - S’pore needs to keep up with global tax changes to stay competitive in tough times: SMS Jeffrey Siow - 5 hours 22 min ago

AllAfrica - Nigeria: CSOs Raise Red Flag Over FIRS Officials As New Tax Regime Looms - 7 hours 36 min ago

Indiatimes - This social-media stock plunges 20% today as unexpected tax charges and rising AI spending shake investor confidence — Facebook, Instagram, and WhatsApp growth sparks market concern - 16 hours 25 min ago

Cyberattack In Nevada Started In May But Only Discovered In August: Report
NDTV - 7 hours 59 min ago
State workers were put on paid administrative leave. Nevada residents couldn't receive their driver's licenses. Employers were unable to conduct background checks on new hires. These were all effects of a massive cyberattack in Nevada.

COMMENTARY:

Indiatimes - Cyberattack on Marks & Spencer slices profits by more than a half - 20 hours 4 min ago

Netflix Institutes Ad Reach Metric As Commercials Cross 190 Million Viewers
NDTV - 8 hours 11 min ago
Netflix said on Wednesday that ads on its platform have reached over 190 million monthly active viewers (MAVs) globally, as the streaming giant instituted the new metric to measure its ad reach in terms of people instead of accounts.

COMMENTARY:

Indiatimes - How a 25-year-old 'professor' learned from a Netflix series to dupe 200 people in a Rs 50 crore trading scam - 4 hours 11 min ago

BusinessInsider - Netflix's ads chief describes the area of the business she's most excited about and why - 21 hours 55 min ago

US Supreme Court Questions Legality Of Donald Trump's Sweeping Tariffs
NDTV - 8 hours 20 min ago
US Supreme Court justices raised doubts on Wednesday over the legality of President Donald Trump's sweeping tariffs in a case with implications for the global economy that marks a major test of Trump's powers.

RELATED:

NDTV - US Supreme Court Weighs Legality Of Trump Tariffs In High Stakes Hearing - 20 hours 38 min ago

COMMENTARY:

SCMP - US-China trade truce raises hopes of an EU-China reset - 2 hours 56 min ago

Indiatimes - US elections show Trump's edge on the economy slipping - 10 hours 51 min ago

Supreme Court Appears Skeptical of Trump’s Global Tariffs - Bloomberg.com
Bloomberg - 9 hours 14 min ago
Supreme Court Appears Skeptical of Trump’s Global Tariffs Bloomberg.com

RELATED:

FOX Business - Bessent says Supreme Court tariff hearing 'went very well' for Trump administration - 14 hours 36 min ago

BBC - Conservative justices sharply question Trump tariffs in high stakes hearing - 20 hours 15 min ago

Reuters - Supreme Court tariff arguments, as they happened - Reuters - 21 hours 28 min ago

CNBC - Pinterest plunges 20% after weak results as tariffs drag on ad revenue - 22 hours 48 min ago

COMMENTARY:

Indiatimes - 4 things can happen if court throws out Trump tariffs - 1 hour 20 min ago

New York Times - What a Rough Day in Court Means for Trump’s Tariffs - 1 hour 58 min ago

AllAfrica - Nigeria: Dangote Refinery Withdraws Suit Against Issuance of Petrol Import Licences Amid New Import Tariff - 7 hours 32 min ago

BusinessInsider - John Mulaney attended a Supreme Court hearing on Trump's tariffs to hear lawyer friend argue - 12 hours 2 min ago

Sydney Morning Herald - Trump’s ‘life or death’ global tariffs scrutinised by a sceptical Supreme Court - 19 hours 29 min ago

The Independent - Lutnick, Bessent – and John Mulaney? The surprising mix of dignitaries monitoring Trump’s ‘life or death’ tariffs case - 19 hours 33 min ago

SCMP - Trump’s tariffs on trial: Supreme Court hears oral arguments - 22 hours 59 min ago

Bitcoin and Gold Part Ways — Which Is Bad for Big Tech - Bloomberg.com
Bloomberg - 10 hours 16 min ago
Bitcoin and Gold Part Ways — Which Is Bad for Big Tech Bloomberg.com

RELATED:

Bloomberg - Bitcoin Hammered by Long-Term Holders Dumping $45 Billion - Bloomberg - 20 hours 19 min ago

COMMENTARY:

Indiatimes - Bitcoin Ethereum XRP Price Today, Analysis, Prediction and Solana Cardano BNB Dogecoin $TRUMP TRON Performance: Why is Bitcoin, XRP rising today?Bitcoin touches $103,000 again, could fall to $88,000 and XRP rises to $2.35 - 3 hours 43 min ago

BusinessInsider - Here's what crypto pros say is next for bitcoin after its tumble into bear market territory - 20 hours 51 min ago

Trump Pressed Xi To Release Jailed Hong Kong Media Tycoon: Reports
NDTV - 11 hours 50 min ago
US President Donald Trump appealed directly to China's Xi Jinping to free jailed Hong Kong media tycoon Jimmy Lai when the two leaders met in South Korea last week, according to three people briefed on the talks and a US administration official.

Reuters - Trump pressed China's Xi to release jailed Hong Kong media tycoon, sources say - Reuters - 17 hours 4 min ago

COMMENTARY:

SCMP - Hong Kong’s Legco race attracts 161 contenders as nominations close - 50 min 11 sec ago

The Hindu - Qatar Airways to sell its holdings in Hong Kong's Cathay Pacific for $896 million - 5 hours 46 min ago

Asia-Pacific markets rise, tracking Wall Street gains as AI stocks rebound
CNBC - 13 hours 37 min ago
Investors in the region are looking to Chinese autonomous vehicle firms WeRide and Pony.ai's listing debut in Hong Kong later in the day.

RELATED:

Bloomberg - Wall Street Buys the Dip in Stocks After AI Rout: Markets Wrap - Bloomberg.com - 18 hours 4 min ago

CNBC - Lucid misses Wall Street expectations as problems continue with SUV launch - 18 hours 20 min ago

COMMENTARY:

BusinessInsider - DoorDash's plans to spend big on tech upgrades and delivery robots in 2026 are spooking Wall Street - 15 hours 57 min ago

The Straits Times - Wall Street ends higher as solid data, strong earnings offset valuation concerns - 17 hours 32 min ago

Microsoft letting employees raise concerns about products after Middle East controversy
CNBC - 13 hours 59 min ago
Microsoft employees can now request Trusted Technology Reviews when they want to report on concerning uses of the company's products.

COMMENTARY:

BusinessInsider - I felt pure happiness when I was laid off from Microsoft after 14 years. It was the green light I needed to start my own business. - 5 hours 22 min ago

Indiatimes - Microsoft apologizes to 2.7 million customers, offers refunds over misleading Microsoft 365 subscription pricing: Check how to claim - 6 hours 8 min ago

The Guardian - Microsoft to refund millions of customers over 365 subscription price increase for Copilot AI add-on - 15 hours 51 min ago

Trump touts private sector job growth, efforts to shrink federal workforce
FOX Business - 17 hours 23 min ago
President Donald Trump touted his administration's efforts to boost private sector job creation and shrink the federal government's workforce in an economic speech.

COMMENTARY:

Indiatimes - US services gain in October even as jobs stay weak - 20 hours 45 min ago

Trump calls Fed Chair Powell a ‘nincompoop’ as he renews pressure for rate cuts
FOX Business - 19 hours 38 min ago
President Donald Trump has publicly chastised Federal Reserve Chairman Jerome Powell, who he appointed in 2017 to lead the central bank, over interest rate cuts.

Toyota recalling 1.02 million US vehicles over rear camera flaw - Reuters
Reuters - 20 hours 24 min ago
Toyota recalling 1.02 million US vehicles over rear camera flaw Reuters

COMMENTARY:

Indiatimes - Toyota recalls over 1 million cars for rearview camera glitch; check if your Toyota, Lexus, or Subaru is listed and what owners should do - 16 hours 12 min ago

The Independent - Toyota recalls over a million US vehicles over rear camera flaw - 23 hours 26 min ago

Trump nuclear power investment in Westinghouse could lead to IPO with U.S. government as shareholder
CNBC - 21 hours 12 min ago
Nuclear technology company Westinghouse could spin out into an independent company under a Trump administration deal to build reactors.

COMMENTARY:

AllAfrica - Africa: Optasia Raises $345m in South Africa's Largest Fintech IPO - 3 hours 22 min ago

The Hindu - SEBI expands IPO anchor book size to 40% to broaden institutional investors participation - 4 hours 30 min ago

The Straits Times - Coliwoo opens at 61.5 cents in SGX debut, 2.5% above IPO price - 11 hours 49 min ago

Retailers are raising prices to meet tariffs. Amazon is hiking more than others
CNBC - 21 hours 51 min ago
Prices on Amazon, Walmart and Target have all increased this year as retailers grapple with higher costs due to tariffs.

COMMENTARY:

BusinessInsider - The maker of the Roomba is running out of cash and options. After its failed Amazon deal, iRobot could face bankruptcy. - 5 hours 9 min ago

The Hindu - Amazon Web Services Marketplace expanded in India - 6 hours 20 min ago

Indiatimes - Jeff Bezos' ex-wife MacKenzie Scott cuts her Amazon stake by $12.6 billion, gives away $80 million as one of largest donations - 7 hours 46 min ago

9,000 Challans, 500 Inspections In 24 Hours As Delhi Steps Up Pollution Enforcement
NDTV - 22 hours 3 min ago
Delhi authorities carried out over 500 inspections and issued more than 9,000 vehicular challans in the past 24 hours as part of ongoing efforts to control pollution. As per official data, the city's Air Quality Index (AQI) stood at 202 on Wednesday.

COMMENTARY:

The Independent - China, world's top carbon pollutor, likely to overdeliver on climate goals. Will that be enough? - 1 hour 26 min ago

Indiatimes - Delhi residents beware: Not all green trees are safe; Study reveals which ones clean the air and which make pollution worse - 6 hours 9 min ago

The Guardian - Pollution from Ineos’s Antwerp plastic plant ‘will cause more deaths than jobs created’ - 8 hours 26 min ago