Business News - The Last 24 Hours

Costco files federal lawsuit challenging Trump's emergency tariff orders on imported goods
FOX Business - 1 hour 58 min ago
Major retailer Costco challenges Trump tariff legality in federal court. Company faces critical December deadline that could lock in payments forever.

BBC - US and UK agree zero tariffs deal on pharmaceuticals - 10 hours 49 min ago

COMMENTARY:

Indiatimes - Costco sues US to preserve tariff refunds if Trump loses appeal - 47 min 14 sec ago

BusinessInsider - Costco sues over Trump's tariffs in bid to secure refund - 1 hour 31 min ago

The Independent - Costco joins growing list of companies suing Trump for refunds if Supreme Court strikes down tariffs - 1 hour 43 min ago

The Straits Times - Cyber Monday US spending growth seen lagging Europe amid tariffs - 2 hours 51 min ago

New York Post - Trump admin strikes zero tariff pharmaceutical deal with Britain — a move welcomed by drugmakers - 8 hours 41 min ago

New York Times - U.S. Pushes U.K. to Spend More on Medicines in Deal to Avoid Tariffs - 10 hours 2 min ago

SCMP - US-UK zero tariff deal to reshape NHS medicine spending - 11 hours 3 min ago

The Guardian - UK and US agree zero-tariff pharmaceuticals deal - 11 hours 13 min ago

Apple Names Amar Subramanya As New Vice President Of AI
NDTV - 2 hours 26 min ago
Apple on Monday named veteran researcher Amar Subramanya as its vice president of AI, replacing John Giannandrea.

RELATED:

CNBC - Apple AI chief stepping down, company says - 3 hours 25 min ago

COMMENTARY:

BusinessInsider - T-Mobile's Cyber Monday deals are ending soon: Last chance to score free Apple or Samsung bundles - 2 hours 45 min ago

Indiatimes - Delhi HC asks GoI, CCI to justify fines on Apple based on global turnover - 8 hours 6 min ago

SCMP - ByteDance teams up with ZTE as China races to take on Apple in agentic AI phones - 19 hours 16 min ago

Trump rejected Maduro requests on call, options narrow for Venezuela leader, sources say - Reuters
Reuters - 2 hours 34 min ago
Trump rejected Maduro requests on call, options narrow for Venezuela leader, sources say Reuters

CNBC - White House releases more details on Trump’s October MRI, says results were 'perfectly normal' - 6 hours 46 min ago

FOX Business - Trump economic advisor Kevin Hassett touts ‘best Black Friday that we've ever seen’ as holiday spending surges - 10 hours 20 min ago

Bloomberg - Trump’s Net Tightens Around Maduro’s Venezuela - Bloomberg.com - 15 hours 18 min ago

Deutsche Welle - Honduras election: Trump-backed candidate holds slim lead - 17 hours 55 min ago

COMMENTARY:

The Independent - MAGA conspiracy theorist and Trump influencer Laura Loomer receives credentials and desk at Pentagon after media purge - 1 hour 28 min ago

Sydney Morning Herald - Trump wants to ‘drill, baby, drill’. This Australian giant is happy to help - 1 hour 34 min ago

Indiatimes - 'Hates Christianity & country music': Trump torches 'AOC of Tennessee' ahead of crucial voting - 4 hours 59 min ago

Russia Today - Trump ‘very satisfied’ with new Syrian leadership - 5 hours 5 sec ago

SCMP - Trump invites Netanyahu to White House ‘in near future’: Israeli PM’s office - 6 hours 34 min ago

The Guardian - Trump’s pardon of Honduras’s ex-president shows counter-drug effort is ‘based on lies and hypocrisy’ - 8 hours 15 min ago

BusinessInsider - I toured the White House to see Melania Trump's Christmas decorations. The East Wing is no more, but the display was still dazzling. - 9 hours 31 min ago

New York Post - Trump says he has made his choice for next Fed chair: ‘I know who I’m going to pick’ - 10 hours 26 min ago

Asia markets set to open higher, breaking ranks with Wall Street losses on crypto sell-off
CNBC - 2 hours 38 min ago
Overnight, bitcoin plunged around 6% to trade below $86,000, marking its worst day since March and pressuring the broader stock market down.

COMMENTARY:

Indiatimes - Santa Claus rally 2025 prediction: How AI, Fed cuts, and tech stock volatility are shaking Wall Street - 10 hours 12 min ago

BusinessInsider - How elite business schools like Wharton are overhauling curriculum as AI reshapes Wall Street bankers' futures - 15 hours 46 min ago

Peru: 12 dead as landslide hits boats in Amazon region river
Deutsche Welle - 2 hours 52 min ago
Rescue teams are looking for survivors after a landslide in Peru's Amazon region sank two boats on the Ucayali River, according to local media reports.

RELATED:

CNBC - How Amazon became America's biggest clothing seller - 8 hours 49 min ago

Warner Bros Discovery gets mostly cash offer from Netflix, source says - Reuters
Reuters - 3 hours 25 min ago
Warner Bros Discovery gets mostly cash offer from Netflix, source says Reuters

COMMENTARY:

New York Post - Warner Bros. Discovery gets mostly cash offer from Netflix in second round of bidding - 2 hours 9 min ago

BusinessInsider - The 10 best movies to stream on Netflix in December - 4 hours 19 min ago

The Guardian - Sean ‘Diddy’ Combs decries Netflix series by 50 Cent as ‘shameful hit piece’ - 4 hours 36 min ago

Indiatimes - ‘Exploding Kittens’ cancelled from Netflix after one season despite early season 2 work in development - 19 hours 56 min ago

Amid US-Backed Peace Talks, Russia Claims Capture Of Ukraine's Pokrovsk
NDTV - 3 hours 30 min ago
Russia said Monday its forces had captured the city of Pokrovsk in eastern Ukraine, a key military logistics hub, as well as the city of Vovchansk in the northeast.

Deutsche Welle - South Africa: Radio host accused of recruiting fighters for Russia - 8 hours 6 min ago

BBC - Four dead in Russian attack as diplomatic efforts to end war continue - 13 hours 53 min ago

COMMENTARY:

SCMP - Kim flaunts daughter, missiles at parade as North Korea eyes Russian jets - 2 hours 18 min ago

The Independent - Fox News’ Brian Kilmeade hammers Steve Witkoff’s ‘totally unacceptable’ call: He ‘likes Russia too much’ - 5 hours 35 min ago

Russia Today - Belgium delivers resolute ‘no’ to proposed theft of Russian assets - 6 hours 37 min ago

BusinessInsider - A Ukrainian drone maker says its interceptor took down a Russian Shahed armed with an air-to-air missile - 6 hours 52 min ago

Indiatimes - Land and security are the main sticking points as Russia and Ukraine mull Trump's peace proposal - 7 hours 58 min ago

The Guardian - Five South Africans in court over alleged recruitment for Russia’s war in Ukraine - 11 hours 35 min ago

Watch A Persistent Demand for Bitcoin Amid Selloffs - Bloomberg.com
Bloomberg - 4 hours 25 min ago
Watch A Persistent Demand for Bitcoin Amid Selloffs Bloomberg.com

RELATED:

CNBC - Bitcoin, Ethereum fall sharply as crypto sell-off resumes - 18 hours 48 min ago

COMMENTARY:

Indiatimes - MSTR stock today tumbles as Bitcoin price crashes – will MicroStrategy sell BTC USD holdings next? - 7 hours 4 min ago

BusinessInsider - Bitcoin is stumbling again. Why the crypto is faltering as December kicks off. - 11 hours 3 min ago

New York Post - Bitcoin craters below $86,000, Ethereum dips 7% in massive crypto wipeout - 11 hours 26 min ago

The Straits Times - Bitcoin plunges to below US$88,000 in risk-off start to December - 23 hours 51 min ago

Nvidia CEO to Cramer: Synopsys deal is 'culmination of everything I showed you' over the years
CNBC - 5 hours 15 min ago
This deal allows Synopsys to leverage Nvidia's AI platform to deliver computer-modeled design and engineering solutions across many industries.

COMMENTARY:

The Independent - Court hears what physical feature alerted witnesses to healthcare CEO murder suspect Luigi Mangione ahead of his arrest - 2 hours 31 min ago

SCMP - Luigi Mangione fights to exclude evidence from trial in murder of healthcare CEO - 4 hours 43 min ago

Indiatimes - Bengal CEO seeks report on 2,208 booths where no deaths, absentees or duplicate voters found - 7 hours 21 min ago

BusinessInsider - Omnicom's CEO breaks down his plan to beat rivals in AI after the ad giant's blockbuster $9 billion IPG deal - 7 hours 21 min ago

The Guardian - Luigi Mangione hearing tests legality of evidence in healthcare CEO murder case - 15 hours 18 min ago

Black Sea shipping insurance rates rise after Ukraine attacks tankers, sources say - Reuters
Reuters - 5 hours 18 min ago
Black Sea shipping insurance rates rise after Ukraine attacks tankers, sources say Reuters

Deutsche Welle - Ukraine updates: 'Pivotal week for diplomacy' say EU, NATO - 16 hours 20 min ago

COMMENTARY:

Sydney Morning Herald - Like a weather forecast, but for terror: This app shows you how Ukraine peace talks are really going - 1 hour 33 min ago

SCMP - Zelensky says ‘not fair’ to exclude Europe from Ukraine reconstruction talks - 2 hours 24 min ago

Indiatimes - Black Sea shipping insurance rates rise after Ukraine attacks tankers, sources say - 7 hours 48 min ago

The Guardian - Coming days may be ‘pivotal’ for talks to end Ukraine war, EU’s top diplomat says - 12 hours 33 min ago

BusinessInsider - Ukrainian special ops forces narrowly dodged a drone strike. A soldier says his driver 'drove like a god.' - 12 hours 51 min ago

Russia Today - Key issue in Ukraine-US peace talks remains unresolved – WSJ - 15 hours 55 min ago

Elon Musk’s Tesla faces fresh criticism from ‘Big Short’ investor Michael Burry
FOX Business - 5 hours 38 min ago
"Big Short" investor Michael Burry calls Tesla "ridiculously overvalued" while Elon Musk defends AI robotics as the solution to the debt crisis, spotlighting the two's contrarian views.

COMMENTARY:

Indiatimes - Tesla stock warning: Why Michael Burry says EV maker is "ridiculously overvalued" and Musk’s $1 trillion pay package risks major dilution - 8 hours 1 min ago

New York Post - ‘Big Short’ icon Michael Burry unloads on Elon Musk, calls Tesla ‘ridiculously overvalued’ - 8 hours 55 min ago

BusinessInsider - Michael Burry says Tesla is 'ridiculously overvalued' - 15 hours 4 min ago

Newell Brands to close Yankee Candle stores, cut jobs
FOX Business - 6 hours 37 min ago
Newell Brands to close 20 Yankee Candle stores and cut 900 jobs as part of an optimization plan to streamline operations and align with shopping trends.

COMMENTARY:

The Straits Times - Ad giant Omnicom to cut over 4,000 jobs, fold legacy brands after IPG takeover - 2 hours 12 min ago

BusinessInsider - Ad giant Omnicom says its mega-merger with IPG will lead to 4,000 job cuts - 11 hours 9 min ago

Indiatimes - Omnicom to cut 4,000 jobs, shut several agencies after IPG takeover, FT reports - 12 hours 44 min ago

'Will Be Good If India Designates Hamas Terror Group,' Says Israeli Army
NDTV - 7 hours 22 min ago
Israeli Defence Forces on Monday said it would be good if India recognises Hamas as a terrorist group.

CNBC - India's industrial output grew just 0.4% in October, missing estimates - 15 hours 12 min ago

Reuters - India orders smartphone makers to preload state-owned cyber safety app - Reuters - 18 hours 7 min ago

COMMENTARY:

SCMP - What role did US play in run-up to 1962 war between China and India? - 48 min 43 sec ago

Indiatimes - PM Modi speaks with Sri Lankan President AKD; assures continued Indian support - 7 hours 11 min ago

The Hindu - Cautious optimism: On India and growth - 7 hours 29 min ago

The Guardian - India orders phone makers to preload devices with state-owned cyber safety app - 7 hours 37 min ago

What weak consumer? Strong holiday shopping kickoff is a good sign for retailers
CNBC - 7 hours 25 min ago
"The narrative that the consumer is not doing well is being challenged," said Jim Cramer.

As regime change looms at the Fed, one candidate emerges as frontrunner for chair
CNBC - 8 hours 1 min ago
President Donald Trump knows who he's going to select as the next Federal Reserve chair but isn't saying yet.

RELATED:

FOX Business - Trump says he’s chosen next Fed chair as affordability pressures rise - 11 hours 43 min ago

COMMENTARY:

Indiatimes - Has Trump chosen a new Fed Chair? Will they deliver the interest rate cuts he demands? - 9 hours 55 min ago

Musk says AI and robotics are 'only' things that can solve massive US debt crisis
FOX Business - 8 hours 7 min ago
Elon Musk claims AI and robotics are the only solution to America's $38 trillion debt crisis, predicting dramatic economic changes within three years.

COMMENTARY:

Indiatimes - US confirms South Korea's 15% tariff rate retroactive to November 1 - 1 hour 2 min ago

SCMP - Like a ‘debt collector’? US ambassador irks Singaporeans for justifying tariff - 14 hours 6 min ago

Goldman Sachs to buy ETF sponsor Innovator in $2B cash-and-stock deal
FOX Business - 8 hours 45 min ago
Goldman Sachs announced it will buy Innovator Capital Management in a $2 billion cash-and-stock deal. Global assets in actively managed exchange-traded funds have reached $1.6 trillion.

COMMENTARY:

New York Post - Goldman Sachs snaps up ETF firm Innovator Capital Management for $2B - 8 hours 35 min ago

Chair of UK's fiscal watchdog resigns after early published report threw Budget into chaos
CNBC - 8 hours 57 min ago
The U.K.'s Office for Budget Responsibility unexpectedly released its economic and fiscal forecasts ahead of the U.K.'s Autumn Budget on Wednesday.

COMMENTARY:

The Guardian - Almost 4 million children in UK affected by economic abuse, charity finds - 2 hours 17 min ago

Indiatimes - UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy - 14 hours 8 min ago

Trump releases fraudster executive days into prison sentence
BBC - 9 hours 25 min ago
The former investment manager was convicted of defrauding thousands of investors.

COMMENTARY:

AllAfrica - Zimbabwe: Couple Cleared As High Court Slams 'Improper Conduct' in Gono Fraud Case - 21 hours 27 min ago

'Unjustified': Sheikh Hasina's Niece Condemns Sentence By Dhaka Anti-Corruption Trial
NDTV - 10 hours 5 min ago
The 43-year-old had resigned as a Treasury minister in British Prime Minister Keir Starmer's Cabinet earlier this year as the allegations of corruption against her family hit worldwide headlines.

RELATED:

Deutsche Welle - Bangladesh sentences ex-UK minister Siddiq over corruption - 10 hours 36 min ago

NDTV - From Charges To Can He Be Pardoned: All About Netanyahu's Corruption Trial - 11 hours 23 min ago

COMMENTARY:

Indiatimes - Trump forcing Zelenskyy to resign? Shocking details out in Ukraine's 'golden toilet' corruption row - 8 hours 23 min ago

The Independent - Benjamin Netanyahu corruption trial: What is Israeli PM accused of and could he be pardoned? - 13 hours 22 sec ago

SCMP - Chen Weijun joins list of senior Xinjiang officials investigated for corruption - 14 hours 53 min ago

Product sold at Walmart recalled due to risk of explosion
FOX Business - 10 hours 18 min ago
Walmart recalls 201,000 'Ozark Trail' camping stoves after explosions caused burns to users. Stop using immediately and return to store for full refund.

COMMENTARY:

BusinessInsider - Walmart's Cyber Monday sale ends tonight: Save on Crocs, Coop Original Pillow, Ninja Creami, and more - 2 hours 8 min ago

Runway rolls out new AI video model that beats Google, OpenAI in key benchmark
CNBC - 12 hours 5 min ago
Gen 4.5, a new AI model that allows users to generate high-definition videos based on written prompts.

COMMENTARY:

Indiatimes - Who is Amar Subramanya? Ex-Google and Microsoft AI researcher now leading Apple’s AI push - 1 hour 58 min ago

The Straits Times - DeepSeek debuts new AI models to rival Google and OpenAI - 2 hours 23 min ago

BusinessInsider - Google, Microsoft, and Perplexity share tips on how to boost your brand's visibility in AI searches - 13 hours 27 min ago

Global shortage of obesity jabs, warns WHO
BBC - 12 hours 13 min ago
Too few people who could benefit from so-called "skinny jabs" are able to access them, says WHO.

RELATED:

BBC - WHO warning over shortage of obesity jabs - 12 hours 13 min ago

COMMENTARY:

Indiatimes - WHO backs GLP-1 treatments to tackle obesity epidemic - 11 hours 36 min ago

The Independent - WHO makes big announcement on Ebola outbreak in Congo - 11 hours 45 min ago

AllAfrica - Africa: WHO Warns of Shrinking HIV Funding, Urges African Govts to Boost Investment - 20 hours 50 min ago

Jim Cramer's top 10 things to watch in the stock market Monday
CNBC - 12 hours 24 min ago
Tech stocks and bitcoin were lower on the first day of the new month after a rough November.

COMMENTARY:

Indiatimes - Cryptocurrency share price crashes as S&P 500, Dow Jones, Nasdaq are down. Check top losing stocks, top gainers - 7 hours 35 min ago

Airbus Confirms "Supplier Quality Issue" On A320 Jet Panels
NDTV - 12 hours 32 min ago
European plane-maker Airbus said Monday it had detected a "quality issue" affecting metal panels on its popular A320 passenger jet but the problem was "contained".

CNBC - Airbus shares fall on reports of new quality issue on dozens of A320 aircraft - 14 hours 54 min ago

COMMENTARY:

Indiatimes - Solar storm fallout: Why more than 6,000 Airbus A320s required urgent software updates and how solar flares pose risks to aircraft navigation? - 10 hours 3 min ago

BusinessInsider - Airbus stock drops as much 10% as it confirms a 'quality issue' in part of the best-selling A320's supply chain - 12 hours 43 min ago

The Guardian - Airbus averts further travel disruption by fixing most jets hit by software glitch - 13 hours 20 min ago

The Hindu - Airbus says most A320 jets affected by recall now modified - 18 hours 6 min ago

3 Tehreek-e-Taliban Terrorists Killed After Attacker Blows Himself Up In Pak
NDTV - 15 hours 27 min ago
Tehreek-e-Taliban Pakistan, referred to as 'Fitna-al-Khawarij' by the Pakistani state, is a banned group.

COMMENTARY:

Sydney Morning Herald - ‘Kill everybody’: Trump, Congress scrutinise Hegseth over ‘narco-terrorist’ strike - 7 hours 31 min ago

Indiatimes - Delhi court sends terror module suspect to 5-day police custody - 8 hours 58 min ago

Hong Kong fire: Faulty netting blamed as death toll hits 151
Deutsche Welle - 15 hours 47 min ago
Some of the netting used by contractors at Wang Fuk Court has been found to not meet fire-safety code. Police continue to search the rubble, with more than 40 people still missing.

COMMENTARY:

SCMP - ‘Exhausted’: Hong Kong fire victims call for centralised relief platform - 36 min 44 sec ago

Indiatimes - Hong Kong fire probe reveals unsafe netting as public mourns and government stifles dissent - 7 hours 55 min ago

New York Times - Hong Kong Contractors Used Unsafe Netting at Fire Site, Officials Say - 14 hours 7 min ago

The Guardian - Hong Kong arrests 13 on suspicion of manslaughter over apartment fires - 15 hours 6 min ago

The Straits Times - Hong Kong tycoon Henry Cheng seeks sale of some Rosewood hotels - 22 hours 24 min ago

Ukraine peace talks shift to Moscow — the big unknown is whether Putin will play ball
CNBC - 15 hours 53 min ago
U.S. Special Envoy Steve Witkoff is travelling to Moscow on Monday and is due to meet Russian President Vladimir Putin.

COMMENTARY:

Indiatimes - "Will watch Putin visit closely," says German Ambassador to India Philipp Ackermann - 9 hours 53 min ago

The Independent - EU warns Trump that Ukraine peace plan must not pardon Putin for war crimes - 16 hours 17 min ago

Fearing Exodus Of Rich, Switzerland Votes To Reject Inheritance Tax
NDTV - 18 hours 11 min ago
Switzerland voted to reject a 50% inheritance tax on super-rich residents after wealthy entrepreneurs threatened to leave the country. The plan was opposed by 78.3% of the electorate, according to government data on Sunday.

COMMENTARY:

Indiatimes - Govt tables sin tax bill in Lok Sabha, tobacco products to be dearer now - 10 hours 4 min ago

New York Times - For ‘No Tax on Tips,’ the I.R.S. Gets Intimate - 10 hours 43 min ago

Oil Climbs After OPEC+ Reiterates Pause With Focus on Venezuela - Bloomberg.com
Bloomberg - 19 hours 24 min ago
Oil Climbs After OPEC+ Reiterates Pause With Focus on Venezuela Bloomberg.com

COMMENTARY:

AllAfrica - Nigeria: Opec Maintains Nigeria's 1.5m Bpd Oil Output Level for 2026 - 15 hours 22 min ago