The Latest Breaking News on Business

Tyson Foods Slashes 3,200 Jobs as US Cattle Herd Drops to 75-Year Low in Historic Beef Crisis

Tyson Foods has abruptly slashed roughly 3,200 jobs following major beef facility closures in Illinois and Utah, as a historic U.S. cattle shortage ravages the agricultural sector and supply chain.

International Business Times UK · Aug 18

What Are Wall Street Analysts' Target Price for Masco Stock?

Masco has found firmer footing in 2026, with improving results and Wall Street sentiment giving the stock a more encouraging backdrop.

Barchart · Aug 18

Microdramas boom in a shrinking Hollywood as studios chase a TikTok audience

Microdramas are reshaping the Hollywood landscape by delivering concise, captivating episodes that resonate with audiences. This innovative format is not only driving substantial revenue but also providing a wealth of job opportunities for creative talents. With the rise of Chinese-backed apps capturing millions of viewers, major entertainment firms have begun…

The Economic Times · Aug 18

US, Canada Trade Officials Mull Cutting Tariffs on Auto Sector: Report

U.S. and Canadian trade negotiators are reportedly working to enact potential cuts to President Donald Trump‘s automotive tariffs ahead of an upcoming deadline on Wednesday, Aug. 19.

Benzinga · Aug 18

California’s Billionaire Tax Wins Support From Nearly 50% of Voters as November Vote Nears: Poll

California voters are narrowly backing a proposed one-time tax on certain taxpayers with assets over $1 billion, according to a new Berkeley IGS poll released Friday.

Benzinga · Aug 18

As 30-Year Yields Spike to 5.31%, Our Top Chart Strategist Warns There’s a Risk to Stocks: ‘In a Word, Yes’

An unusual surge in bond yields could trigger downside in the stock market. Here's what investors need to know about a rally in long-dated yields.

Barchart · Aug 17

Paramount seeks $1.88 billion bond from US state AGs over merger lawsuit

Paramount Skydance requested a bond from states challenging its Warner Bros Discovery merger. The company faces significant daily fees if the deal does not close by September 30. Legal challenges threaten the $110 billion acquisition, which requires regulatory approval. California and eleven states argue the merger would create a media…

The Economic Times · Aug 18

Intel’s $23 Billion Capital Raise May Have a Silver Lining for INTC Stock

Intel’s $23 billion raise could give its comeback story a fresh boost as its foundry business gains momentum.

Barchart · Aug 17

Dollar feeble as rate hike bets dwindle, Iran war worries grow

The U.S. dollar weakened against major currencies as traders scaled back tightening expectations. Soft economic data, including retail sales and job losses, influenced these shifts. Traders now see a lower chance of a Federal Reserve rate hike in September. Elevated oil prices and geopolitical tensions in the Middle East are…

The Economic Times · Aug 18

Henkel Recalls 25 Lots of Schwarzkopf Osis Grip Mousse Nationwide Over Cans That Could Burst Under Pressure

Henkel recalled 25 lots of Schwarzkopf Osis Grip hair mousse due to a packaging defect that can cause the pressurized aluminum cans to leak and burst.

Medical Daily · Aug 18