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Business News

Location American Business News for 10 December 2024
Hershey shares jump on Cadbury owner buyout report A deal between Mondelez and Hershey could create a food giant with sales of almost $50bn a year.
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Totino's Pizza Rolls Makes Super Bowl Debut as a Prime Time Snacker Returning to the Super Bowl after more than a decade, General Mills is showcasing one of its top snack brands in the Big Game: Totino's Pizza Rolls. The spot aims to remind fans that Totino's Pizza Rolls are the perfect ...
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Gold Steady, Supported by Hopes of More China Stimulus

Wall Street Journal - 10 Dec 2024 02:30
Gold was steady in the early morning Asian session.
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Oracle shares fell in extended trading after the database software company issued disappointing quarterly results.
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The last major Wall Street S&P 500 forecast has arrived. Here's what Citi expects. Citigroup is predicting the S&P 500 will reach 6,500 for 2025, but that comes with a warning that investors face more volatility.
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Michael Saylor Outlines U.S.'s Ultimate Bitcoin Reserve Strategy: Dump Gold, Buy Bitcoin Michael Saylor, executive chairman and co-founder of Microstrategy, one of the first companies to adopt the bitcoin standard, has proposed that the U.S. purchase 20% or 25% of the bitcoin available using the nation’s g...
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New Mexico's oil investments are paying off. Here's where the funds may go Economists estimate the state will bring in $13.6 billion in general fund income for the fiscal year that runs from July 2025 to June 2026. Efforts by New Mexico to save and invest portions of a financial windfall from l...
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Beneath the hood, stocks just suffered their worst day of the year. Some are worried. Momentum stocks quietly just had their worst day of the year. History points to a mixed experience when that happens.
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Trump's tariffs are the opening rounds of trade war II Trade's importance to America's security and global standing shouldn't be underestimated.
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JGB futures fell in the morning Tokyo session. Both futures and cash JGBs were likely to track overnight price declines in Treasurys.
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Asian currencies consolidated against the dollar in the early morning session but are underpinned by hopes of more China stimulus.
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Bitcoin ASIC maker Bitmain expands production line into US It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks.
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Digital Assets Investments Hit Record $3.85 Billion Weekly Inflow Coinshares digital assets report showed a significant surge in digital asset inflows, reaching $3.85 billion. Record Breaking Inflows Into Digital Asset Investment Digital asset investment products had the biggest weekly...
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Conservative media titan Rupert Murdoch cannot change his family trust and give control to his son Lachlan after his death, according to a Nevada probate commissioner ruling.
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Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94K Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on be...
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Foot Locker's Innovative Retail Strategy to Court Sneakerheads In this episode of The Speed of Culture podcast, Suzy founder and host Matt Britton speaks with Kim Waldmann, global chief customer officer at Foot Locker. Kim shares how Foot Locker is leveraging first-party data, creat...
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Dave & Buster's Entertainment CEO Morris Resigns Amid Wider Losses, Sheehan Interim Replacement Chris Morris' exit comes as the company reports a significantly wider loss and lower revenue for its fiscal third quarter.
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Energy & Utilities Roundup: Market Talk

Wall Street Journal - 10 Dec 2024 23:56
Energy & Utilities Roundup: Market Talk Find insight on oil prices, China Oilfield Services, BP and more in the latest Market Talks covering Energy and Utilities.
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Basic Materials Roundup: Market Talk

Wall Street Journal - 10 Dec 2024 23:56
Basic Materials Roundup: Market Talk Read about gold prices, Boliden, Clariant and more in the latest Market Talks covering Basic Materials.
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Inmates released from Syria's 'human slaughterhouse' prison After more than a decade of war in Syria, hundreds of inmates in one of the country's most notorious prisons are being reunited with their families.
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Financial Services Roundup: Market Talk

Wall Street Journal - 10 Dec 2024 23:53
Financial Services Roundup: Market Talk Find insight on Toll Brothers, Allianz, ANZ, Perpetual and more in the latest Market Talks covering the Financial Services industry.
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Fund-Raiser Who Pocketed Money Meant for Sick Kids and Vets Gets 10 Years in Prison Richard Zeitlin, a telemarketing kingpin who kept 80 percent of the donations raised for charities, pleaded guilty to conspiracy to commit wire fraud in September.
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