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The Latest Breaking News on Business

Stellantis Says Goodbye To 'Performance Psychopath' CEO

Carlos Tavares, a self-proclaimed "performance psychopath" who drove auto giant Stellantis with aggressive cost-cutting and high car prices, reached the end of the road as CEO when his strategy hit a dead end.

International Business Times

US Manufacturing Output Tops Forecasts In November: Is The Sector's Crisis Over?

U.S. manufacturing shows signs of improvement in November but remains in contraction for 8th straight month. Dollar and tech stocks rise.

Benzinga

US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle battery plants

A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana

The Independent UK

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Stellantis CEO Carlos Tavares Resigns Amid Disappointing Sales

Stellantis CEO Carlos Tavares resigns amid sales decline and criticism, prompting strategic changes in response to market pressures and internal dissent.

Top News

How Is HCA Healthcare's Stock Performance Compared to Healthcare Provider Stocks?

HCA Healthcare has recently lagged behind the healthcare provider industry peers, though analysts maintain a moderately optimistic outlook on the stock's potential.

Barchart

New York Sportsbooks reported a $489.1 million handle for the week ending on Nov. 24

Since sports betting was legalized in 2018, New York has been one of the most profitable markets in the United States.

SportsCasting

Amazon And Walmart Dominate Black Friday As Online Sales Soar 14.6%

Black Friday sales in the US saw contrasting trends between in-store and online shopping, with e-commerce dominating and AI chatbots driving website visits.

Benzinga

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Will the Winter Season Change Markets?

The turn of the calendar page to December marks the beginning of meteorological winter, bringing with it seasonal changes to some markets.

Barchart

NVR Stock: Analyst Estimates & Ratings

Over the past year, NVR has delivered performance that surpasses the broader market. However, Wall Street analysts are cautious about its growth outlook.

Barchart

Cyber Monday shoppers expected to set a record on the year's biggest day for online shopping

Consumers in the U.S. are scouring the internet for online deals as they look to make the most of the post-Thanksgiving shopping marathon on Cyber Monday

The Independent UK

Starter homes are shrinking in size—but not in price, new analysis confirms

The median size of a new single-family home has dropped 12% since 2016, according to Apollo.

Fortune

If you invested $1,000 in Nvidia stock 20 years ago, you'd almost be a millionaire today

Nvidia is also the best performer on a total-return basis over the last two decades among all stocks on the S&P 1500, according to Bespoke.

Fortune

The incredible shrinking store: Big-box retailers embrace smaller stores to fit into more neighborhoods

Target, Ikea and Walmart are just some of the chains that have experienced with smaller-sized stores

The Independent UK

Jobs Data, Manufacturing PMI and Other Can't Miss Items this Week

This week brings several high-impact economic releases that could influence market direction, with Friday's jobs report being the highlight. We also have important manufacturing data and consumer spending updates that could impact the Fed's rate decision later this month.

Barchart

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International Business Times

$XRP Overtakes Solana, Flips Tether To Become World's 3rd Most Valuable Cryptocurrency

$XRP, which once was a powerhouse alongside Bitcoin and Ethereum, has returned to its place in the Top 3 ranks of the world's most valuable cryptocurrencies, following a four-year downtrend triggered by the SEC's lawsuit against Ripple.

InsideEVs

Stellantis CEO Carlos Tavares Quits Amid Strategy Dispute

Carlos Tavares has suddenly resigned from his position as Chief Operating Officer at Stellantis, one of the largest car manufacturers in the world. The decision was announced yesterday evening and the board of directors has already accepted Tavares’ resignation.

USA Today Sports Media Group

The Hidden Costs of IT Downtime and How Managed Services Can Help

Whether it's customer data, financial transactions, or employee communications, businesses rely heavily on their IT infrastructure to keep operations running smoothly. But what happens when that infrastructure fails? IT downtime can have significant ...

The Street

Walmart cuts back controversial policies after blowback

The retail giant has officially joined a growing corporate trend.

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news in one place.

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The Guardian - US

Why I regret using 23andMe: I gave up my DNA just to find out I’m British

I gave away my genetic information to a now imploding company for results that inspired nothing but ambivalence

Salon

Dr. Oz's finanical conflicts of interest

Oz’s holdings, some shared with family, included a stake in UnitedHealth Group worth as much as $600,000

Fortune

Jensen Huang shares the pick-up line he used in college when he first met his wife

"I had no idea what I was talking about. And then we got married. That’s all the advice I’m going to give all the entrepreneurs."

The Independent UK

Black Friday goes digital as Americans rack up $10bn worth of online purchases

In-store purchases were stagnant on biggest shopping day of the year, consumer experts reported

Barchart

Illinois Tool Works Stock: Is Wall Street Bullish or Bearish?

As Illinois Tool Works underperformed relative to the broader market over the past year, Wall Street analysts remain cautious about the stock’s prospects.

Benzinga

Deal Dispatch: Stoli On The Rocks As US Business Goes Bankrupt, Ally Financial To Sell Credit Card Unit

The Container Store faces potential bankruptcy after failing to secure a $40 million financial deal and more M&A news from the week.

The Street

What's next for stocks after S&P 500 record high?

The S&P 500's post-election rally has the benchmark on pace for its best annual gain in a generation. Investors have no guarantees.

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