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Business News

Location American Business News for 21 November 2024
U.S. Plans to Propose Breakup of Google to Fix Search Monopoly In a landmark antitrust case, the government will ask a judge to force the company to sell its popular Chrome browser, people with knowledge of the matter said.
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Don't be fooled by the sellers: Nvidia's future is as healthy as ever.
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Oil Rises Amid Ongoing Geopolitical Tensions in Europe

Wall Street Journal - 21 Nov 2024 03:31
Oil rose in the morning Asian session. The ongoing escalation of the Russia-Ukraine conflict could impact the oil market as traders assess the possible developments, Exness said.
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'We are at a low here, folks,' Boeing's new CEO tells employees. 'I'm tired of it.' Kelly Ortberg had a tough message for Boeing employees, including that the company is at a 'low' as employees spend more time arguing among themselves than figuring out how to beat Airbus.
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Bribery Charges Against Gautam Adani Strike at Heart of Modi's India The U.S. indictment names Gautam Adani, one of India's richest businessmen, but it points to an even bigger target: how business is done there.
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Jobless claims drop to 7-month low as economy plows ahead he number of Americans who applied for unemployment benefits last week fell to the lowest level in seven months, reflecting steady growth in the economy and the need for most businesses to remain fully staffed.
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The DOJ vs. Google: Breaking down the latest in the antitrust case and what it means for Chrome's future The DOJ recommending Google sell its popular browser Chrome comes with a number of knock-on effects.
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Here's what analysts are saying about Nvidia earnings

Business Insider - 21 Nov 2024 15:13
Here's what analysts are saying about Nvidia earnings Nvidia beat forecasts again in its third-quarter results, but one analyst says investors are concerned about a possible slowdown in future growth.
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A Novelist's Unnerving Memoir of Disordered Eating

The New Yorker - 21 Nov 2024 13:00
A Novelist's Unnerving Memoir of Disordered Eating In "My Good Bright Wolf," Sarah Moss recounts a dangerous romance with self-deprivation.
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Don't sweat the drop in Palo Alto Networks stock.
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Gold Edges Higher, Supported by Geopolitical Uncertainties

Wall Street Journal - 21 Nov 2024 02:47
Gold edged higher in early Asian trade. The precious metal was still supported by geopolitical uncertainties, Sucden Financial said.
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Feds charge 5 hackers tied to notorious Scattered Spider group -- here's how they stole from big companies Scattered Spider has been blamed for unusually aggressive cybercrime sprees, targeting major multinational companies as well as individual cryptocurrency investors.
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Indian billionaire Gautam Adani indicted on bribery charges in alleged bribery scheme Prosecutors charged billionaire Gautam Adani and seven senior executives in a massive bribery scheme.
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Energy & Utilities Roundup: Market Talk

Wall Street Journal - 21 Nov 2024 23:57
Energy & Utilities Roundup: Market Talk Read about oil prices, Iberdrola, Technip Energies and more in the latest Market Talks covering energy and utilities.
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Financial Services Roundup: Market Talk

Wall Street Journal - 21 Nov 2024 23:57
Financial Services Roundup: Market Talk Find insight on Citadel CEO Ken Griffin, the Bank of Canada, Singapore Exchange, BBVA and more in the latest Market Talks covering financial services.
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Gap said Old Navy's sales fell after hurricanes led to store closures and warm weather deterred sales in its kids category.
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Bitwise Joins Mounting Race for Solana ETF

Coin Desk - 21 Nov 2024 23:55
Bitwise Joins Mounting Race for Solana ETF Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.
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Google's search business is all about distribution. The DOJ wants to take this away, and it's freaking investors out. One analyst called this proposed crackdown "draconian." Google's top lawyer said the DOJ's remedies would "break" the company's search engine.
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Temu Owner PDD Misses Forecasts as Revenue Growth Slows

Wall Street Journal - 21 Nov 2024 23:53
Temu Owner PDD Misses Forecasts as Revenue Growth Slows The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.
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Ross says business is slower than before, and that it could have done better Ross's CEO is 'disappointed' with discount retailer's sales as business slowed from the first half of the year.
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Auto & Transport Roundup: Market Talk

Wall Street Journal - 21 Nov 2024 23:52
Auto & Transport Roundup: Market Talk Find insight on Qube Holdings, Volkswagen, Jet2 and more in the latest Market Talks covering the auto and transport sector.
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Gap Raises Full-Year Outlook With Strong Start to Holiday Season The apparel retailer said it now expects full-year sales to grow between 1.5% and 2%. Gap had most recently guided for sales to be up slightly.
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