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The Latest Breaking News on Business

Monster Beverage Stock: Is MNST Underperforming the Consumer Staples Sector?

Monster Beverage has underperformed the consumer staples sector over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Nespresso North America’s CEO ‘actually knocked on Nestlé’s door’ to get his first job—an internship that would lead him to the corner office 32 years later

Alfonso Gonzalez Loeschen has moved to five different countries during his three-decade tenure at Nestlé.

Fortune

Bitcoin Tops $106,000 For The First Time – What's Next For World's Top Crypto?

Bitcoin has exceeded $106,000, breaking its previous all-time highs amid high hopes for an American national strategic $BTC reserve after Texas, a pro-crypto state, introduced a bill to establish a state Bitcoin reserve.

International Business Times

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Why alcohol sales are declining

Industry expert on why 2024 saw a decline in alcohol sales.

The Street

China's economy logs a lackluster performance in November as retail sales slow

China has reported its economy logged a mixed performance in November, with retail sales slowing as consumers refrained from spending on non-essentials like cosmetics, alcohol and jewelry

The Independent UK

The Tesla Cybertruck Might Have An Inventory Problem

The limited-edition Tesla Cybertruck Foundation Series is piling in the automaker’s inventory. The Foundation Series was available until October in the United States for those who pre-ordered it and was the first version to be sold here after deliveries of the angular electric pickup began in November of last year.

InsideEVs

YouTube TV Price Surge: Why Costs Are Rising and the Best Budget-Friendly Alternatives

YouTube TV has raised prices again, angering cord-cutters. The streaming service joins other providers in increasing costs, making it less affordable for users.

International Business Times UK

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Ransomware defenses are being weakened by outdated backup technology, limited backup data encryption, and failed data backups

Ransomware attacks are increasingly targeting backup data, prompting organizations to adopt immutable storage.

TechRadar

OpenAI whistleblower found dead

The 26-year-old published findings in October suggesting the AI giant's fair use defense didn't pass muster

Salon

US debt reckoning escalates sharply as top bond buyer pulls back from long-term Treasuries

"But at some point, if you borrow too much, lenders may question your ability to pay it all back. It doesn’t take a vigilante to point that out."

Fortune

MarketBeat Week in Review – 12/9 - 12/13

Equities had their worst-performing week since October on inflation and interest rate concerns, but the market trend is still likely to be higher in 2025.

MarketBeat

Analysts unveil Tempus AI stock price targets

Here’s what could be next for Tempus AI shares.

The Street

DOJ Likely to Challenge Diversity Programs as Advocates Prep for 'The Most Virulent Anti-dei Administration'

Trump has signaled his intent to use the DOJ's Civil Rights Division, originally established to combat racial discrimination, to oppose DEI practices

Latin Times

Hawk Tuah Haliey Welch's Crypto Team Nets £2.59M Amid Botched Token Launch, Fans File SEC Complaints

Haliey Welch's team behind the HAWK token netted millions by manipulating lock-in periods for early investors and failing to give away tokens promised to her fans.

International Business Times UK

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The Guardian - US

She didn’t get an apartment because of an AI-generated score – and sued to help others avoid the same fate

Despite a stellar reference from a landlord of 17 years, Mary Louis was rejected after being screened by firm SafeRent

Al Jazeera

US court denies TikTok’s plea to stop likely ban until Supreme Court review

TikTok spokesperson says the company’s Chinese owners plan to take its case to the Supreme Court.

Salon

Homeownership: tougher for millennials?

Millennials have faced a longer stretch of economic challenges, experts say

The Guardian - US

Elon Musk’s six major conflicts of interest with the federal government

As co-chair of Trump’s ‘Department of Government Efficiency’, the world’s richest man is likely to get richer

Get all your
news in one place.

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Fortune

Costco CFO warns Trump’s tariffs could mean widespread price hikes: ‘When it rains, it rains on everybody’

Gary Millerchip became the latest retail executive to admit costs will rise across retail should Trump carry out heavy taxes on imports.

Tom’s Guide

Massive parking app data breach — how to see if you qualify for part of $32.8 million settlement

A recent lawsuit against the ParkMobile app has been settled and people who used the app may be entitled to a portion of the settlement.

The Street

Embattled home goods retailer plans to file Chapter 11 bankruptcy

Home goods retailer prepares to file for Chapter 11 bankruptcy after it was delisted by NYSE and had problems with an investor agreement.

Barchart

Is Phillips 66 Stock Underperforming the Dow?

Phillips 66 has underperformed the Dow over the past year, but analysts are moderately optimistic about the stock’s prospects.

Top News

US Lawmakers Urge Apple And Google To Remove Tiktok

US lawmakers push for potential TikTok ban, citing national security concerns. Uncertainty looms over TikTok's future in the US amid legal battles.

The Guardian - US

Amazon workers threaten strike in New York ahead of holidays

If company fails to meet deadline, it could lead to Amazon’s first large-scale unfair labor practice strike in the US

Motor1

The $0-a-Month Fiat 500e Lease Deal Is Real, But There’s a Catch

Electric vehicles aren’t selling as well as automakers had hoped. Interest seems to be waning, and the growth rate is slowing, forcing dealers to offer some impressive incentives to move the product. The Larry H. Miller Chrysler Dodge Ram Fiat dealership in Aurora, Colorado, is one such outfit, offering the…

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