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The Latest Breaking News on Business

Iconic restaurant chain closes more locations before bankruptcy

The Street

Analysts overhaul Alphabet stock price targets as Google parent soars

Google parent Alphabet overcame a key investor concern as it posted stronger-than-expected third quarter earnings.

The Street

Eli Lilly stock crushed as weight loss sales, profits, disappoint Wall Street

Eli Lilly's weight loss treatments have powered the company into the top ten list of megacap U.S. stocks.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

US Job Openings Hit 3.5-Year Low, But Consumer Confidence Rebounds

Consumer confidence rises while job postings fall to 7.4 million.

International Business Times

Boeing And Union Hold 'Productive' Meeting Amid Ongoing Strike

The International Association of Machinists and Aerospace Workers Local 751 said that with the assistance of Acting U.S. Labor Secretary Julie Su, the union's bargaining committee "had a productive face-to-face meeting with the company to address key bargaining issues.

International Business Times

Tupperware Gets Court Approval For Sale To Lenders

Tupperware's proposal of selling its assets to lenders has received court approval.

International Business Times

HP Earnings Preview: What to Expect

HP will release its fourth-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.

Barchart

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The Perils of Trump's Proposed Bitcoin Strategic Reserve

In 2021 Trump called bitcoin a "scam" but he seems to have realized his political coalition includes cryptocurrency enthusiasts.

Reason

Google parent Alphabet sees double-digit growth as AI bets boost cloud business

Analysts expected 12% year-on-year revenue gains, but company reports 15%, buoyed by performance in ads and cloud services

The Guardian - US

Ethereum giant Consensys slashes workforce by 20%, CEO blames 'abuse of power' by SEC

Founder Joe Lubin said ongoing legal troubles with the SEC are costing millions of dollars and resulting in job losses.

Fortune

Sony Shuts Down 'Concord' Dev Firewalk Studios 2 Years After Acquiring It

Sony shut down Concord developer Firewalk Studios just two years after acquiring it following the shooter's commercial flop.

Player One

Is Wall Street Bullish or Bearish on Paramount Global Stock?

As Paramount Global underperformed relative to the broader S&P 500 Index over the past year, Wall Street analysts remain cautious about the stock’s prospects.

Barchart

US Economy's Solid Growth Unlikely To Register At Ballot Box

The US economy is set to report another quarter of solid growth Wednesday, less than a week before the presidential election, but analysts say it remains unclear if positive data can sway inflation-weary voters.

International Business Times

US economy is believed to have grown at a solid pace again last quarter

Powered by consumer spending, the U.S. economy likely kept expanding at a healthy pace from July through September despite the pressure of still-high interest rates

The Independent UK

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The Street

McDonald’s US sales face major threat despite small progress

The fast-food chain has another major problem on its hands.

The Street

Starbucks sends hard-nosed message to corporate employees

The coffee company reveals a new consequence that employees may face for not following its return-to-office mandate.

The Independent UK

Court approves Tupperware's sale to lenders, paving way for brand's exit from bankruptcy

A U.S. bankruptcy judge has approved a sale of Tupperware Brands

The Street

Ford's rebound effort was hurt by one of its biggest flaws

Despite efforts to steer its fate, the automaker suffered losses in critical areas.

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news in one place.

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Barchart

'All Roads Lead to Inflation': 3 ETFs to Hedge Like a Billionaire

Billionaire Paul Tudor Jones is hedging against inflation with gold, bitcoin, and tech stocks.

The Independent UK

Ship owner in Baltimore bridge collapse seeks to blame others as liability case takes shape

The owner and manager of the container ship Dali are seeking to minimize their responsibility for the deadly Baltimore bridge collapse

The Street

Major homebuilder warns of new housing problem

The company is huge. This problem matters a lot.

International Business Times

Google Reports Strong Growth Driven By AI, Cloud

Google's parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services.

The Independent UK

Inside McDonald’s plan to win back American consumers amid sales slump, E coli outbreak

McDonald’s introduced their $5 value meal earlier this year in response to inflation

Barchart

Dollar Little Changed After Mixed US Economic Reports

The dollar index (DXY00 ) on Tuesday ended the day little changed. The dollar saw support from Tuesday's positive US consumer confidence report but was undercut by the weaker-than-expected US JOLTS job openings report. The dollar was boosted early in the session by a new 3-3/4 month high in the...

The Guardian - US

Starbucks tells corporate workers to return to office or risk being fired

Internal note reportedly warns ‘accountability process’ will start next January for company’s hybrid work requirements

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People

From analysis to the latest developments in health,
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