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Hershey shares jump on Cadbury owner buyout report
Dec 9, 2024, 8:59 PM
A deal between Mondelez and Hershey could create a food giant with sales of almost $50bn a year.
What is rage-baiting and why is it profitable?
Dec 9, 2024, 7:00 PM
Called rage-baiting, making people angry with social media posts can be a business.
Trump says he won't fire Fed Chair Jerome Powell
Dec 9, 2024, 6:37 PM
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.
Rupert Murdoch loses bid in real-life 'Succession' battle with kids
Dec 9, 2024, 6:27 PM
The court says Murdoch acted in "bad faith" by trying to give control of his empire to his eldest son.
Here is where UnitedHealthcare CEO shooting suspect worked
Dec 9, 2024, 6:06 PM
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.
Stock futures are little changed after S&P 500, Nasdaq Composite retreat from records: Live updates
Dec 9, 2024, 6:02 PM
The major averages are coming off of a losing session.
Trump’s Perfume Line Hits the Market With Jill Biden Photo
Dec 9, 2024, 5:14 PM
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.
Stock market today: S&P 500, Nasdaq pull back from records as Nvidia tumbles
Dec 9, 2024, 4:00 PM
A Chinese antitrust probe into Nvidia and looming consumer inflation data are in focus to start the week.
Fear of Trump tariffs is causing Americans to stockpile toilet paper, medicine, and food before prices rise
Dec 9, 2024, 3:56 PM
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 is bringing Intuit QuickBooks software to its millions of third-party sellers
Dec 9, 2024, 4:01 PM
Amazon's marketplace sellers will be able to bring their sales and inventory data into Intuit QuickBooks through a new integration.
TikTok Asks Court to Temporarily Pause Ban As It Looks to Supreme Court or Trump to Weigh In
Dec 9, 2024, 1:22 PM
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 Makes New Quantum Computing Breakthrough
Dec 9, 2024, 11:00 AM
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.)
After N.R.A.’s Supreme Court Win, a Dispute Over Key Facts
Dec 9, 2024, 12:37 PM
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.
How to fix the health insurance industry everybody seems to hate
Dec 9, 2024, 3:06 PM
The murder of a health insurance CEO is no way to address legitimate problems with coverage. There's plenty we can do, though.
Rupert Murdoch Fails in Bid to Change Family Trust
Dec 9, 2024, 3:01 PM
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.
'Low-hire, low-fire': The U.S. job market is stagnant right now, economists say
Dec 9, 2024, 2:31 PM
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.'
Leaked video shows UnitedHealth CEO saying insurer will continue practices that combat 'unnecessary' care
Dec 9, 2024, 12:56 PM
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.
Renishaw founder and Concorde engineer Sir David McMurtry dies
Dec 9, 2024, 12:20 PM
The company co-founded by Sir David McMurtry now employs more than 5,000 people.
Major water company uses accounting trick to inflate balance sheet by £1.68bn
Dec 9, 2024, 12:00 PM
A substantial Severn Trent Water investment is based on IOU notes - BBC Panorama finds.
Nvidia stock slides as China opens antitrust probe against AI chip heavyweight
Dec 9, 2024, 11:55 AM
Nvidia shares decline as China opens probe into AI chip heavyweight amid escalating chip war between Beijing and Washington.
Tensions between Trump and Powell are cooling. For now.
Dec 9, 2024, 8:40 AM
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.
Cadbury-owner Mondelez exploring Hershey acquisition, Bloomberg News reports
Dec 9, 2024, 12:59 PM
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.
Google unveils 'mind-boggling' quantum computing chip
Dec 9, 2024, 11:00 AM
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.
TikTok asks for emergency pause to looming US ban
Dec 9, 2024, 10:25 AM
The app says the Supreme Court - and incoming Trump administration - needs more time to consider the case.
American Airlines halts flights to Haiti
Dec 9, 2024, 9:34 AM
American Airlines is halting flights to Haiti indefinitely, a move that comes as the Caribbean nation faces growing gang violence and unrest.
Stock market today: Dow, S&P 500, Nasdaq slip as Nvidia drops
Dec 9, 2024, 12:31 PM
A Chinese antitrust probe into Nvidia and looming consumer inflation data are in focus to start the week.
Nvidia Hit With China Probe in Global Tech War Escalation
Dec 9, 2024, 12:05 PM
(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
Nvidia targeted by China in new chip war probe
Dec 9, 2024, 9:10 AM
The investigation follows a US decision to further restrict sales to chip equipment makers in China.
Treasury Department may fine small businesses $10,000 or more if they don't file this new report
Dec 9, 2024, 8:28 AM
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.
Oppenheimer’s Stoltzfus New Top S&P 500 Bull With 7,100 Target
Dec 9, 2024, 1:39 AM
(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
Nvidia Faces Antitrust Investigation in China
Dec 9, 2024, 8:03 AM
The move by Chinese regulators came a week after the Biden administration expanded curbs on the sale of advanced U.S. technology to China.
Stock market today: Dow, S&P 500, Nasdaq struggle for gains as Nvidia slips
Dec 9, 2024, 10:15 AM
A Chinese antitrust probe into Nvidia and looming consumer inflation data are in focus to start the week.
China Eases Overall Monetary Policy Stance for First Time in 14 Years
Dec 9, 2024, 5:49 AM
Faced with a faltering economy and falling prices, the Politburo loosened the policy approach of China’s central bank and called for “extraordinary” measures.
Chinese Carmakers Are Taking Mexico by Storm While Eyeing U.S.
Dec 9, 2024, 5:00 AM
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.
Ukraine Weighs Telegram Security Risks Amid War With Russia
Dec 9, 2024, 5:00 AM
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.
Britain’s Flawed Jobs Reports Leave Economists ‘Second-Guessing’
Dec 9, 2024, 12:01 AM
Officials are grappling with an incomplete picture of Britain’s labor market as the national statistics agency strains to improve data quality.
China eases monetary policy stance, vows more fiscal support
Dec 9, 2024, 3:10 AM
(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
Hit by blackouts Cuba’s tourism industry now braces for Trump
Dec 8, 2024, 7:05 PM
Cuba's hotels, already hit by power cuts, worry that Trump may increase the US's economic blockade.
Irish Sea Border: Small businesses still being 'crucified'
Dec 9, 2024, 1:33 AM
Stormont will vote on whether NI's Brexit deal should continue to operate for another four years.
Bank accounts locked and cash withdrawn after elderly gave power to law firm partner
Dec 9, 2024, 1:00 AM
BBC hears how people felt pressured to grant lasting power of attorney to a man called Ron Hiller.
India’s Luxury Property Market Is a Boon to Trump’s Business
Dec 9, 2024, 12:01 AM
The Trump Organization finds a warm welcome in India, where status-hungry home buyers clamor for a famous American brand.