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Business News

Location American Business News for 24 December 2024
US government sues Walmart, Branch Messenger over $10M in delivery driver 'junk fees' "Companies cannot force workers into getting paid through accounts that drain their earnings with junk fees," CFPB Director Rohit Chopra said in a statement.
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Cathie Wood's ETF keeps selling Tesla stock even as she gets more bullish Cathie Wood's flagship Ark Innovation ETF continues to sell Tesla shares, but the value of its stake has climbed above $1 billion.
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Why Mergers of Carmakers Like Honda and Nissan Often Falter

The New York Times - 24 Dec 2024 07:00
Why Mergers of Carmakers Like Honda and Nissan Often Falter The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.
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I went to HomeGoods for some last-minute holiday gifts, and the selection was overwhelming I went to HomeGoods on December 23 and found a lot of options for great holiday gifts.
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U.S. Natural Gas Futures Gain in Quiet Trade

Wall Street Journal - 24 Dec 2024 15:46
U.S. natural gas futures are higher in light trade, with participants focused on weather forecasts suggesting strong heating demand for January.
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American Airlines Says Flights Resuming After Technical Issue

Wall Street Journal - 24 Dec 2024 15:31
American Airlines Says Flights Resuming After Technical Issue The carrier had briefly halted all flights on what is anticipated to be a heavy day for air travel.
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20 banks and thrifts with the most first-mortgage loans

American Banker - 24 Dec 2024 15:00
20 banks and thrifts with the most first-mortgage loans JPMorgan Chase, Wells Fargo, Bank of America, U.S. Bank and Citi had more than $1 billion in combined first-mortgage loans as of Sept. 30.
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Oil prices stuck between geopolitical worries and expectations for surplus Oil futures were modestly higher in pre-holiday trade Tuesday, holding their recent range with support tied to lingering geopolitical worries around Russia and the Middle East and pressure linked to expectations for a cr...
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All these market indicators point to stocks struggling during Trump's presidency Keeping the 'Trump trade' going over the next four years looks like a tall order.
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Russia Reveals 20+ Countries Eye BRICS--Is a New Global Order Forming? BRICS is drawing interest from more than 20 nations eager to establish stronger ties, Russian Presidential Aide Yury Ushakov revealed. “The doors of the association remain open to like-minded countries. At the moment, ...
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'Technical issue' halts American Airlines flights for an hour on Christmas Eve American Airlines grounded all its US flights for an hour on Christmas Eve because of a technical issue.
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Bitcoin's Price Rollercoaster Takes Miners for a Ride--Hashrate Begins to Recover Last week, the price of bitcoin took a tumble, and right alongside it, the network’s computing muscle flexed down from a whopping 806 exahash per second (EH/s) on Dec. 14 to a mere 771 EH/s by Dec. 21. However, over th...
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In-N-Out owner said she closed Oakland location because it was 'absolutely dangerous' Despite the location being profitable, In-N-Out made the decision to pull stakes from Oakland after an 18-year presence in the city.
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A rolling strike of Starbucks baristas began Friday and grows to include about 300 of the coffee giant's shops across the U.S.
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MicroStrategy calls shareholders meeting to fund more Bitcoin purchases MicroStrategy has submitted a proxy filing with the SEC seeking shareholders approval to boost its Bitcoin's 21/21 Plan.
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The weight loss medication tirzepatide (Mounjaro and Zepbound) is no longer in shortage, according to the FDA. Access to cheaper versions could end.
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The work trends that dominated the headlines in 2024

Business Insider - 24 Dec 2024 23:06
The work trends that dominated the headlines in 2024 Quiet firing, coffee badging, and quiet vacationing were among the buzziest workplace trends of 2024. Here's a rundown of the trends.
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The 'Elf' cast now: What the stars of the holiday classic have been up to since the movie debuted The 'Elf' cast has gone on to become mega stars in their own right. See what Will Ferrell, Zooey Deschanel, and Peter Dinklage are up to now.
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HBAR and AAVE Lead Top Altcoin Gainers, Vote-to-Earn Crypto Flockerz Could Rally Next The crypto market has been indecisive over the past few days, but a few altcoins are now making moves. HBAR and AAVE are rallying, posting double-digit gains that have caught everyone’s attention. This has traders wond...
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J.P. Morgan melds its buy-side data with FactSet analytics The integration of J.P. Morgan's Fusion platform with FactSet aims to give buy-side clients the same level of analytics available to the sell side.
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If TikTok is pulled from US app stores, brands that sell on its e-commerce platform, Shop, may struggle to find a new home.
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Big Lots, Party City, and The Container Store are all facing either bankruptcy or demise. The news rounded off an already tough year for US retailers.
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