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Business News

Location American Business News for 4 December 2024
Glossier's new CEO said listening to customers on these 3 things helped her overhaul the beauty company Kyle Leahy, the new CEO of the cult beauty brand Glossier, said that listening to customers on key issues helped her turn the company around.
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Elon Musk's Tesla pay-package fight is back in the spotlight, but here's an even bigger issue With his whopping pay package still tied up in legal limbo, Tesla Chief Executive Elon Musk could begin to push for the controlling stake he once said he wanted in the electric-vehicle maker.
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Children Worked Dangerous Shifts at Iowa Slaughterhouse, Inquiry Finds Qvest Sanitation was ordered to pay nearly $172,000 after the Labor Department found it had employed 11 children to clean equipment on overnight shifts at a pork processing plant in Sioux City, Iowa.
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Intel's CEO exit reignites discussions on splitting off factories, with questions about financial recovery and CHIPS Act funding.
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Amazon Sued Over Slow Deliveries to Low-Income Areas

The New York Times - 4 Dec 2024 15:43
Amazon Sued Over Slow Deliveries to Low-Income Areas The District of Columbia's attorney general said the company deliberately outsourced Prime member deliveries in certain ZIP codes.
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Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.
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JetBlue offers fresh sign of strong travel demand, sending its stock higher JetBlue raises its guidance to reflect higher-than-expected bookings in November and December.
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Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.
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Martial law causes Bitcoin crash to $65K in South Korea -- Here's why One analyst said South Korea's limiting of the market to a few players caused a sudden decrease in liquidity.
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Salesforce made clear that Agentfoce, its new AI offering, can kickstart revenue growth in the quarters ahead.
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XRP on Fire: Falconx Reports Explosive 10x Growth in Trading XRP trading has surged dramatically, with Falconx, an institutional digital asset prime broker, reporting a tenfold increase in volumes during Q4, driven by institutional investors. Austin Reid, global head of revenue an...
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Nikkei May Trade Rangebound Amid Uncertainty Over BOJ Policy

Wall Street Journal - 4 Dec 2024 01:49
Japanese stocks may trade rangebound as uncertainty continues over the pace of the Bank of Japan's rate increases.
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South Korea Vows to Crack Down on Crypto Money Laundering South Korea’s financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial service...
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Prince Harry Vows to Keep Fighting Rupert Murdoch's Tabloids Over Phone Hacking The British royal says his legal battle against parts of the media is about "accountability" and defending legitimate journalism.
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Costco's November online sales hit by timing of holiday deals Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices weighed on consumers and e-commerce sales took a hit due to a shift in the timing of some big onlin...
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Dow closes above 45K for first time as Nasdaq, S&P 500 all hit all-time highs after Powell remarks Powell "was very upbeat about economy, and he said we're making progress on inflation... that's good news for stocks in general," an economist said.
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MicroStrategy's bitcoin bet has made its stock a big winner. Will other companies soon follow suit? A weekly look at the most important news and moves in crypto, and what's on the horizon in digital assets.
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The groups worked with money launderers to convert bulk deliveries of cash into cryptocurrencies for clients, U.S. and U.K. law enforcement agencies said.
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'I hate to be the interfering mother-in-law': My son bought a house with his wife -- so why is his father-in-law on the deed? "I asked him if he was also on the deed. He said yes."
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I sailed on Royal Caribbean's latest giant cruise ship — see what the $200-a-night vacation is like Royal Caribbean's new second-largest cruise ship is exclusively operating short voyages. There are more activities than guests can do in four days.
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Trump taps antitrust hawk Gail Slater to take on DOJ's blockbuster docket of monopoly cases Slater will take over a number of high-profile cases in which some of the world's largest companies are accused of illegally building and protecting monopolies.
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Dollar Tree shoppers are holding off on purchases — like foil pans for Thanksgiving — until right before they plan to use them.
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