News - 2024-12-09

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A deal between Mondelez and Hershey could create a food giant with sales of almost $50bn a year.

Called rage-baiting, making people angry with social media posts can be a business.

President-elect Trump said in an interview that he won't attempt to fire Federal Reserve Chair Jerome Powell despite his past criticism of Powell and the leadership of the central bank.

The court says Murdoch acted in "bad faith" by trying to give control of his empire to his eldest son.

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Luigi Mangione, who has been detained as a suspect in the murder of UnitedHealthcare CEO Brian Thompson, previously worked as a data engineer at TrueCar until 2023.

The major averages are coming off of a losing session.

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Everything around President-elect Donald J. Trump has become something to monetize, including a moment of comity with Jill Biden at Notre-Dame over the weekend.

A Chinese antitrust probe into Nvidia and looming consumer inflation data are in focus to start the week.

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Toilet paper is at the top of the shopping list with 77% saying they are stocking up on it, according to a recent survey from CreditCards.com.

Amazon's marketplace sellers will be able to bring their sales and inventory data into Intuit QuickBooks through a new integration.

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The company is requesting a pause on a law that requires the app to be sold or face a ban in the United States by mid-January, aiming to buy time for the Supreme Court or the incoming Trump administration to rescue it.

Google unveiled an experimental machine capable of tasks that a traditional supercomputer could not master in 10 septillion years. (That’s older than the universe.)

The Supreme Court’s ruling in favor of the N.R.A. in May hinged on a secret meeting involving a New York regulator. The participants say it didn’t happen.

The murder of a health insurance CEO is no way to address legitimate problems with coverage. There's plenty we can do, though.

A Nevada commissioner ruled resoundingly against Mr. Murdoch, who was trying to give full control of his empire to his son Lachlan and lock in Fox News’s right-wing editorial slant.

The labor market is not nearly as dynamic as it was in 2021 and 2022. That provides both good and bad news for workers.

Mara CEO Fred Thiel describes how President-elect Donald Trump's economic plans are favorable to Bitcoin and Bitcoin mining on 'The Claman Countdown.'

UnitedHealth Group CEO Andrew Witty said in a leaked internal video that the insurance company plays an important role in guarding against "unnecessary" and "unsafe" care.

The company co-founded by Sir David McMurtry now employs more than 5,000 people.

A substantial Severn Trent Water investment is based on IOU notes - BBC Panorama finds.

Nvidia shares decline as China opens probe into AI chip heavyweight amid escalating chip war between Beijing and Washington.

The president-elect said he has no plans to remove Jay Powell before his term as Fed chair is up in May 2026, the latest in more conciliatory language from both officials.

Shares of Hershey, which has a market capitalization of about $35 billion, rose as much as 19% to $208.03, while those of Mondelez were down about 4% in morning trading. Mondelez, which is valued at around $84 billion, has made a preliminary approach about a possible combination, Bloomberg reported, adding that deliberations were in the early stages and there was no certainty that discussions would lead to a deal. Both Mondelez and Hershey declined to comment.

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It solves in five minutes a problem computers now would need 10,000,000,000,000,000,000,000,000 years to work out, Google says.

The app says the Supreme Court - and incoming Trump administration - needs more time to consider the case.

American Airlines is halting flights to Haiti indefinitely, a move that comes as the Caribbean nation faces growing gang violence and unrest.

A Chinese antitrust probe into Nvidia and looming consumer inflation data are in focus to start the week.

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(Bloomberg) -- China has opened a probe into Nvidia Corp. over suspicions that the US chipmaker broke anti-monopoly laws around a 2020 deal, taking aim at the AI heavyweight as Washington ramps up sanctions.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThe State

The investigation follows a US decision to further restrict sales to chip equipment makers in China.

The Corporate Transparency Act requires many businesses to file data about their "beneficial owners" by Jan. 1. But the rule is being challenged in court.

(Bloomberg) -- The S&P 500 will extend its record-setting rally to 7,100 by the end of next year amid a strong economy, according to Oppenheimer Asset Management, whose outlook is now the most bullish among peers.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitFundamentals “suggest the current resilience of the economy

The move by Chinese regulators came a week after the Biden administration expanded curbs on the sale of advanced U.S. technology to China.

A Chinese antitrust probe into Nvidia and looming consumer inflation data are in focus to start the week.

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Faced with a faltering economy and falling prices, the Politburo loosened the policy approach of China’s central bank and called for “extraordinary” measures.

BYD and other manufacturers are importing cars from China and scouting factory sites in Mexico as part of a global expansion that, for now, excludes the United States.

The messaging app’s popularity has soared during the war with Russia, leading Ukrainian officials to increasingly weigh Telegram’s upsides against its security risks.

Officials are grappling with an incomplete picture of Britain’s labor market as the national statistics agency strains to improve data quality.

(Bloomberg) -- China’s top leaders plan to loosen monetary policy and expand fiscal spending next year, as Beijing braces for a second trade war when Donald Trump takes office next month.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThe 24-man Politburo led by President Xi Jinping announced it will embrace a “moderat

Cuba's hotels, already hit by power cuts, worry that Trump may increase the US's economic blockade.

Stormont will vote on whether NI's Brexit deal should continue to operate for another four years.

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BBC hears how people felt pressured to grant lasting power of attorney to a man called Ron Hiller.

The Trump Organization finds a warm welcome in India, where status-hungry home buyers clamor for a famous American brand.