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Business News

Location American Business News for 27 October 2026
A Teenager Paid $3 for an Old Basketball Jacket at Goodwill. It Sold for $89,600 A $3.07 warmup jacket a 19-year-old Portland-area thrifter, Quinn Brown, pulled from a bin at the Hillsboro Goodwill Outlet in January 2026 turned out to be a Los Angeles Lakers piece worn by Wilt Chamberlain during the ...
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Chinas Industrial Profit Growth Surged in September

Wall Street Journal - 27 Oct 2026 03:16
Chinas Industrial Profit Growth Surged in September Chinas industrial profit growth rose 14.4% from a year earlier in September, supported by strong gains in electronics and high-tech manufacturing linked to AI and digital-infrastructure spending.
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Peter Thiel's Apple verdict raises a $5 trillion question Peter Thiel says Apple has lacked major breakthroughs since Steve Jobs. Here's how its strong results, AI delays and valuation affect Apple investors.
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Minimum wage increase set to slow for 18-20 year-olds Chancellor John Healey will reveal the new pay rates in the Budget, and has also announced measures to help households with the cost of living.
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Financial Services Roundup: Market Talk

Wall Street Journal - 27 Oct 2026 12:33
Financial Services Roundup: Market Talk Find insight on HSBC Holdings, Daiichi Life, ANZ and more in the latest Market Talks covering Financial Services.
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Blackrock Drives Entire $110 Million Bitcoin ETF Inflow Bitcoin ETFs opened the week with $110.34 million in net inflows, though the entire gain came through Blackrocks IBIT. Ether funds returned to sizable outflows, while zcash and NEAR remained the only smaller categories t...
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DoorDash stock reacts on report that it wants to buy Instacart A potential acquisition would mean big changes for the food delivery sector, but DoorDash investors arent so sure it would be for the better. A big change up could be coming to the food delivery sector.
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Why SoFis stock is soaring after earnings

Market Watch - 27 Oct 2026 12:21
Why SoFis stock is soaring after earnings SoFis early 2027 forecast is impressing Wall Street after a tough stretch for the stock.
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Microsoft is offering 60,000 employees a way out

The Street - 27 Oct 2026 12:17
Microsoft is offering 60,000 employees a way out Microsoft is offering 60,000 employees a voluntary buyout. Heres what the severance package includes, who qualifies, and what to consider before accepting.
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The feds made $627 million selling Anthropic stock from SBF's friends - but could have made billions The US government sold $627 million in Anthropic shares after seizing them from Sam Bankman-Fried's friends. Its windfall could have been even bigger.
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Canada Seeks Public Comment on Stablecoin Rules as US Prepares to Implement GENIUS Act Canada is seeking public feedback on proposed regulations for stablecoin issuers, outlining requirements for reserve assets, consumer protections, and regulatory oversight as the country moves toward establishing a compr...
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Apple says it will replace iPhone Duo handsets with screen problems Photos shared online showed faults appearing on the screens of Apple's first foldable device.
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Oil Falls Amid Diplomatic Efforts to Ease U.S.-Iran Hostilities

Wall Street Journal - 27 Oct 2026 01:26
Oil fell in the early Asian session as traders mull diplomatic efforts to ease U.S.-Iran hostilities.
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Visa says you can thank the labor market for strong spending CEO Ryan McInerney said during the company's fiscal fourth quarter earnings call that a strong labor market was driving the uptick in consumer spending, despite widespread uncertainty. His comments came as Visa poste...
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Samsung's AI boom comes with a $100 billion warning South Koreas chip boom has made Big Tech spending a national risk.
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Taco Bell makes new Mountain Dew decision after KFC drops Pepsi Taco Bell reveals the fate of its fan-favorite Mountain Dew Baja Blast.
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Yet Another Weaponization Fail for Trump A D.C. grand jury has refused to vote for an indictment of Cassidy Hutchinson, the one-time first-term Trump aide who
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Mother sells gold jewellery, gifts ₹16 lakh to son, Income Tax Department questions deposits but ITAT grants relief A man received ₹16 lakh from his mother after she sold gold jewellery, but the Income Tax Department questioned the cash deposits. The Jaipur ITAT deleted the ₹13.04 lakh addition after examining the gift deed, jewel...
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Top 7 Best Software Picks

Small Business Trends - 27 Oct 2026 23:31
Top 7 Best Software Picks Discover the Top 7 Best Software Picks to enhance your productivity and streamline your workflow. Explore our curated list of the best software solutions that cater to various needs and industries.
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Galaxy Digital Shares Rise Following $323M Q3 Profit, New $200M Buyback Plan Galaxy Digital returned to profitability in the third quarter of 2026, reporting $323 million in net income as gains from its investment portfolio and rapid growth in its AI data center business helped offset continued l...
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China's families are now supporting more old people than kids The latest figures mark a major milestone as Beijing grapples with an ageing population.
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Trump Moves to Weaken Methane Emissions Rules for Oil and Gas

Wall Street Journal - 27 Oct 2026 23:16
Trump Moves to Weaken Methane Emissions Rules for Oil and Gas Small fossil-fuel producers have opposed regulations to curb releases of the potent greenhouse gas.
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