Business News - The Last 24 Hours

Stock set to win from thaw in China-U.S. relations — plus Amazon's new AI project
CNBC - 15 min 9 sec ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

FOX Business - Amazon to invest up to $50B to build AI infrastructure for US government agencies - 3 hours 34 min ago

COMMENTARY:

The Straits Times - Amazon pledges up to $65 billion to expand AI, supercomputing for US government - 2 hours 33 min ago

SCMP - Amazon faces Italian probe over alleged smuggling of Chinese goods - 5 hours 7 min ago

Indiatimes - From local innovation to national recognition: The Amazon Smbhav story - 7 hours 12 sec ago

"Ties Extremely Strong": Trump After Call With Xi Jinping
NDTV - 52 min 50 sec ago
Chinese leader Xi Jinping pressed the ever-sensitive issue of Taiwan in a phone call Monday with US President Donald Trump, as he stressed the need to build on a fragile trade truce between the two superpowers.

COMMENTARY:

New York Post - Trump pushes Larry Ellison to revive ‘Rush Hour’ series as Paramount bids for Warner Bros. Discovery - 16 min 2 sec ago

Sydney Morning Herald - Trump hints at 'big progress' over Ukraine peace talks - 42 min 28 sec ago

New York Times - Trump Will Visit China in April for Meeting With Xi Jinping - 1 hour 5 min ago

Indiatimes - Trump says he will visit Beijing in April and host China's Xi for a state visit later next year - 1 hour 12 min ago

The Guardian - Trump administration cancels temporary asylum for Myanmar nationals living in US - 1 hour 15 min ago

The Independent - First lady Melania Trump welcomes White House Christmas tree - 1 hour 26 min ago

BusinessInsider - The crypto crash has tanked the investments of the Trump family and its followers - 3 hours 27 min ago

SCMP - Xi, Trump hold rare call as Taiwan tensions flare after Japan’s warning - 4 hours 16 min ago

Russia Today - Trump signals ‘progress’ in Ukraine peace push - 6 hours 9 min ago

Republicans push Obamacare tax credit alternatives as enrollment deadline looms
CNBC - 2 hours 6 min ago
Republicans are proposing alternatives to Obamacare enhanced tax credits, with the enrollment deadline just three weeks away.

COMMENTARY:

The Independent - Trump to announce extension of ACA tax credits for two years - 2 hours 25 min ago

Indiatimes - UK business minister admits worry over billionaires leaving amid tax rise concerns - 3 hours 39 min ago

AllAfrica - Ghana: Deepening Public Understanding to Make Ghana's Tax Reforms Work - 11 hours 46 min ago

Amazon suspected of acting as 'Trojan horse' in Italy customs fraud case - Reuters
Reuters - 2 hours 37 min ago
Amazon suspected of acting as 'Trojan horse' in Italy customs fraud case Reuters

COMMENTARY:

Indiatimes - PNB fraud case: ED hands over four Mumbai flats linked to Mehul Choksi for victim restitution - 7 hours 17 min ago

The Straits Times - OCBC rolls out in-app calls for retail banking customers amid anti-fraud push - 14 hours 50 min ago

SCMP - Former South Korean rock star implicated in US$136 million fraud scheme - 18 hours 8 min ago

The Guardian - Reeves to launch crackdown on benefit fraud alongside lifting two-child limit - 21 hours 4 min ago

India: Bollywood star Dharmendra dies aged 89
Deutsche Welle - 3 hours 34 min ago
Over a career spanning six decades, Dharmendra acted in more than 300 films, becoming one of the most iconic and recognizable faces in Bollywood.

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Deutsche Welle - Tejas jet crash puts focus on India's air force challenges - 4 hours 22 min ago

NDTV - Canada To Tweak Citizenship Rules: How India-Origin Families Will Benefit - 9 hours 23 min ago

COMMENTARY:

Indiatimes - Protest at India Gate: Delhi court sends 17 agitators to 3-day judicial custody - 2 hours 17 min ago

The Hindu - India braces for impact on air travel as Ethiopian volcano spews ash - 6 hours 24 min ago

Zelensky warns against giving away territory as latest Ukraine talks end
BBC - 4 hours 12 min ago
Talks in Geneva between US and Ukrainian officals have ended with "progress" made - but sticking points remain.

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Deutsche Welle - Ukraine talks loom large over EU business summit with Africa - 6 hours 56 min ago

BBC - Ukraine's soldiers react to US peace plan with defiance, anger and resignation - 9 hours 20 min ago

CNBC - European defense stocks slide as U.S., Ukraine make progress on peace plan - 10 hours 45 min ago

Reuters - US hails progress in Ukraine peace talks but security questions unresolved - Reuters - 22 hours 14 min ago

COMMENTARY:

The Guardian - Ukraine makes significant changes to US ‘peace plan’, sources say - 4 hours 17 min ago

Indiatimes - Ukraine's coalition of the willing to hold a call on Tuesday, says EU Commission spokesperson - 7 hours 32 min ago

AllAfrica - Africa: Leaders Gather for EU-Africa Summit On Trade, Minerals, in Shadow of Ukraine War - 8 hours 10 min ago

Russia Today - Rubio touts ‘tremendous progress’ on Ukraine peace plan - 11 hours 51 min ago

Sydney Morning Herald - Rewrite begins on US peace plan for Ukraine amid Republican revolt - 18 hours 1 min ago

Michael Burry launches newsletter to lay out his AI bubble views after deregistering hedge fund
CNBC - 4 hours 30 min ago
"The Big Short" investor is capitalizing on the massive audience he's built on X, where 1.6 million followers have long parsed his cryptic posts.

Fed's Waller says he fits the bill for central bank leadership after Bessent meeting
FOX Business - 4 hours 48 min ago
Federal Reserve Governor Christopher Waller discussed his meeting with Treasury Secretary Scott Bessent as speculation grows about his potential Fed chair appointment.

Kohl's names Michael Bender as permanent CEO after a turbulent year and sales declines
CNBC - 5 hours 9 min ago
Kohl's has has multiple CEOs in recent years and is struggling with declining sales.

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BBC - Rangers sack CEO Stewart & sporting director Thelwell - 7 hours 34 min ago

COMMENTARY:

Indiatimes - As BLOs protest, Bengal CEO says no one has been suspended - 43 min 4 sec ago

New York Post - Kohl’s names Michael Bender permanent CEO following leadership scandal: ‘Problems are so deep’ - 2 hours 35 min ago

BusinessInsider - A THC drink CEO says he's working with competitors to save their billion-dollar industry after the crackdown on hemp - 7 hours 48 min ago

The Straits Times - GoTo CEO Patrick Walujo steps down amid leadership reset - 16 hours 56 min ago

Lutnick expects Supreme Court to side with Trump on tariffs, opening door to $2K payouts
FOX Business - 5 hours 32 min ago
Commerce Secretary Howard Lutnick says Trump administration will win Supreme Court tariff case, defending new trade policies for American manufacturing.

COMMENTARY:

Indiatimes - Social Security $2,000 Trump tariff dividend check for Americans: Who are likely to receive, who may not? - 35 min 5 sec ago

The Independent - Trump warns the Supreme Court off ‘serving hostile foreign interests’ on tariffs in latest Truth Social rant - 2 hours 54 min ago

New York Post - Trump says tariff revenues will ‘skyrocket’ as inventory stockpiles get depleted - 3 hours 2 min ago

AllAfrica - Kenya: Kenya Gains New Market Access As Malaysia Drops Tariffs On Farm Exports - 6 hours 10 min ago

New York Times - How One German Toymaker Made Money Despite U.S. Tariffs - 14 hours 33 min ago

Jim Cramer's top 10 things to watch in the stock market Monday
CNBC - 5 hours 41 min ago
The S&P 500 was headed for a higher open this morning as the market attempted to rally during the shortened holiday trading week.

COMMENTARY:

BusinessInsider - Why Morgan Stanley's CIO thinks the latest volatility in stocks is making the 2026 outlook more bullish - 1 hour 8 min ago

Indiatimes - Novo Nordisk Stock Share Price Today: Why company's shares are down? Here's Alzheimer drug’s trial outcome, stock market impact, analysts insights - 4 hours 34 min ago

The Hindu - Stock markets fall for second day; Sensex drops over 331 points - 8 hours 32 sec ago

The fast-casual bowl boom is over. Wall Street isn't sold on Cava, Chipotle deals to lure back spenders
CNBC - 5 hours 42 min ago
As sales at Chipotle, Cava and Sweetgreen fall, fast-casual chains are turning more to promotions and loyalty programs to get Gen Z spending on bowls again.

COMMENTARY:

Indiatimes - BlackRock and Wall Street titans dump MicroStrategy shares in major crypto shake-up - what went wrong? - 2 hours 36 min ago

New York Times - Why Crypto’s Slide Is Rattling Wall Street - 6 hours 23 min ago

BusinessInsider - Big pay, bigger influence: How Wall Street's war for AI talent is shaping new power dynamics - 8 hours 42 min ago

How Alibaba overcame Beijing's crackdown to become an AI giant
CNBC - 6 hours 16 min ago
The Alibaba empire was once under intense scrutiny from Beijing and competition from rivals. Now a big AI bet is helping it stage a revival.

COMMENTARY:

SCMP - Alibaba’s Cainiao expands service in Africa as demand for China goods surges - 8 hours 30 min ago

Continental plans up to 1,500 additional job cuts, source says - Reuters
Reuters - 6 hours 21 min ago
Continental plans up to 1,500 additional job cuts, source says Reuters

COMMENTARY:

Indiatimes - Swiss public broadcaster SRG to cut 900 jobs - 4 hours 54 min ago

Bitcoin’s Rout Was Brutal Even by Crypto Standards - Bloomberg.com
Bloomberg - 7 hours 58 min ago
Bitcoin’s Rout Was Brutal Even by Crypto Standards Bloomberg.com

COMMENTARY:

Indiatimes - What triggered Bitcoin’s $800 billion crash? Experts reveal the major reasons behind the BTC USD meltdown - 5 hours 16 min ago

Google introduces direct file-sharing from Android to Apple devices - The Express Tribune
Reuters - 11 hours 31 min ago
Google introduces direct file-sharing from Android to Apple devices The Express Tribune

COMMENTARY:

Indiatimes - Early Black Friday steals: Sling and Apple TV slash prices in hottest streaming deals - 1 hour 35 min ago

Chinese consumer brands flood into Africa as old investment model fades and exports jump 28%
CNBC - 14 hours 14 min ago
Chinese firms are shifting from big infrastructure to consumer goods in Africa, driven by demand, adventurous entrepreneurs and pressure to produce locally.

COMMENTARY:

Indiatimes - Trump’s Obamacare shake-up sends cash straight to consumers, cutting insurers out of the loop - here are details - 1 hour 33 min ago

BusinessInsider - Delayed inflation data, consumer updates, and more volatility: Here's what investors will be watching this holiday week - 4 hours 32 min ago

In His Words: The Evolution Of Trump's Rhetoric About Zelenskyy And Putin
NDTV - 17 hours 4 min ago
Donald Trump said during his White House campaign that if he won the 2024 election, he would be able to end Russia-Ukraine war in 24 hours. But in 10 months since he took office, the road to peace deal has has been fraught with changing dynamics

COMMENTARY:

The Guardian - Disarray over leaked US-Russia peace plan is ideal scenario for Putin - 2 hours 30 min ago

Indiatimes - Putin and Erdogan discussed Ukraine peace plan by phone, Kremlin says - 6 hours 47 min ago

Exclusive: Blue Owl considers reviving merger of private credit funds, contingent on fund's share price, sources say - Reuters
Reuters - 21 hours 1 min ago
Exclusive: Blue Owl considers reviving merger of private credit funds, contingent on fund's share price, sources say Reuters

What we know about leaked US draft plan to end Russia's Ukraine war
BBC - 21 hours 20 min ago
There are 28 key points and while several on the face of it could be acceptable to Ukraine, others cross Kyiv's red lines.

COMMENTARY:

BusinessInsider - Russia's new jet-powered strikes are testing Ukraine, but few of these weapons are actually in play, officials say - 56 min 44 sec ago

New York Times - Russia’s Invasion of Ukraine Prompts Debate Over Europe’s Military - 2 hours 52 min ago

The Independent - Peace deal or not, this must be Europe’s next brave move to counter Russian aggression - 3 hours 3 min ago

SCMP - ‘Issues remain’: US-Ukraine talks advance, but Europe cautious on Russia deal - 3 hours 34 min ago

Indiatimes - Russian air defences down two drones en route to Moscow, defence ministry says - 7 hours 50 min ago

Russia Today - A Russian court could bring down an Italian engineering giant - 13 hours 34 min ago