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Business News

Location American Business News for 23 October 2026
Colombian Police Dismantle $42M Crypto Drug Laundering Ring The operation involved movements across four different locations to capture Gallo, the head of an organization accused of drug trafficking and crypto laundering in Puerto Rico, and Nassim Vasquez, indicted in New York fo...
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Japan Stocks Valuation Gap Opens Stock-Picking Opportunities

Wall Street Journal - 23 Oct 2026 03:15
Japans equity market is entering a phase that rewards active stock picking over chasing the rally, Eastspring Singapore said.
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Chainlink Enters Koreas $68B Market Through LG CNS Partnership Chainlink has partnered with LG CNS, the technology contractor behind the Bank of Koreas Project Hangang, to expand regulated digital asset infrastructure in South Korea. Announced on Thursday, the agreement targets a $6...
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See How Airlines Are Navigating the Dangerous Skies to Avoid Global Conflicts Deadly global conflicts have completely disrupted civil aviation, leaving options for safe journeys fewer and farther between.
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SK Hynix Pulls Plug on Memory-Chip Unit U.S. IPO on Market Jitters The worlds second-largest memory chip maker shelved plans for a potential U.S. listing of its memory-chip unit Solidigm in light of market conditions and share price trends.
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Fidelity Sees Huge Bitcoin Potential in $150 Trillion Bond Market Bitcoin-focused preferred stocks could draw more income-seeking capital into cryptocurrency purchases, a new Fidelity analysis suggests. The firm sees room for growth within the $150 trillion global fixed-income market, ...
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Walmart's 'buttery-soft' lounge set that comes in 15 colors is only $24 The Mintreus Lounge Set, which comes in 15 colors, is 40% off at Walmart.
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Albertsons supermarket chain closes underperforming locations Safeway will not lay off employees in its November 2026 closure.
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S&P 500 best performers: Zero mag 7 stocks past 13 weeks The biggest tech stocks have handed the baton as leadership has firmly shifted toward other S&P 500 sectors and industries.
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73-year-old Sonic Drive-In chain shuts down over 70 locations Sonic Drive-In, an ice cream and burger chain, faces a customer problem thats hard to solve.
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I Took Americas Cheapest EV Into the Charging Desert of the Deep South Readers challenged our columnist to take an affordable electric car on a route with less-than-ideal charging options. Heres what happened.
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Oil Falls on Likely Technical Correction After Earlier Gains

Wall Street Journal - 23 Oct 2026 01:00
Oil futures declined in the Asian session, likely due to a technical correction after gains on Thursday.
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Switzerland approves first spot Bitcoin ETF for retail investors BIT Asset Managements Bitcoin Fund ETF is expected to begin trading on SIX Swiss Exchange in November, with its public offering restricted to Switzerland.
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Meta found a new way to pay for its AI boom

The Street - 23 Oct 2026 00:32
Meta found a new way to pay for its AI boom The new shares come without voting rights.
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Walmart's fleece sweatpants that come in 5 colors are just $15 The Asudesire Sweatpants, made of polyester and spandex fleece, are 50% off at Walmart.
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Amazon caught hackers probing a PHP flaw 4 days before the fix The PHP flaw sits under most of the web, and the clock started before the public ever heard about it. Learn about Amazon's security breach findings.
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Nikkei Falls 2.2%, Dragged by Chip, Bank Stocks

Wall Street Journal - 23 Oct 2026 00:15
Japanese stocks were lower in early trade following declines in U.S. technology shares overnight as concerns about higher energy costs persist.
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Bitcoin Bull Score Index Drops From 80 to 60 as Momentum Weakens Bitcoins Bull Score Index has dropped from 80 to 60 since late September, a new analysis shows. The decline signals a slowing trend as the index sits at a threshold the analyst associates with positive momentum. Bitcoin ...
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Gold is Flat, Likely to Consolidate in Near Term

Wall Street Journal - 23 Oct 2026 00:10
Gold was steady in early Asian trade. Selling pressure on the yellow metal has eased, but buying interest remains insufficient to establish a new direction, XS.com said.
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Googles AI chip could become a $75 billion business Wall Street sees a new rival to Nvidia hiding inside Google.
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Politicians Are Turning Against AI, but Your Pension Is Riding on It AI-linked stocks drove $138 billion in gains across 13 public-pension funds since 2022, helping them dig out of losses from the last financial crisis.
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Iran Threatens Wider Strikes on Economic and Civilian Targets if U.S. Attacks Tehran retains missile and drone stockpiles, and Washington is trying to move more servicemembers and diplomatic staff out of harms way.
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