Business News - The Last 24 Hours

Trump unveils deals to lower prices of weight loss drugs
Deutsche Welle - 28 min 31 sec ago
Weight loss drug brands Ozempic, Wegovy and Mounjaro have risen sharply in popularity in the US, but they are still considered unaffordable.
RELATED:
BBC - Judge orders Trump administration to fully fund Snap food benefits - 1 hour 12 min ago
NDTV - US Top Court Backs Trump On Transgander, Non-Binary Passport Rules - 1 hour 36 min ago
CNBC - Judge orders Trump administration to pay full SNAP benefits for November by Friday - 2 hours 13 min ago
FOX Business - Trump announces deal with drugmakers to lower cost of weight-loss drugs - 6 hours 29 min ago
Deutsche Welle - Trump warns of 'communism' after Mamdani elected NYC mayor - 20 hours 39 min ago
COMMENTARY:
The Independent - Ivanka Trump shredded online for hawking food business as millions of Americans face SNAP cuts - 1 hour 29 min ago
Russia Today - Pharma rep collapses as Trump announces drug price cuts (VIDEO) - 1 hour 37 min ago
New York Times - What Trump’s New Drug Pricing Deal Means for People With Obesit - 1 hour 46 min ago
Indiatimes - Trump presser ends in chaos as drug executive collapses; Dr Mehmet Oz rushes to help - 1 hour 54 min ago
Sydney Morning Herald - Man faints next to Trump's White House desk - 2 hours 5 min ago
The Guardian - US judge orders Trump administration to fully fund Snap benefits in November - 2 hours 12 min ago
BusinessInsider - Mark Cuban applauds longtime foe Donald Trump for slashing Ozempic cost to $150: 'I think it's great' - 4 hours 30 min ago
SCMP - Trump gets another shot at erasing his hush money conviction - 6 hours 56 min ago



Elon Musk's $1tn pay deal approved by Tesla shareholders
BBC - 46 min 11 sec ago
The richest man in the world will get hundreds of millions of new shares if he hits his targets.
RELATED:
CNBC - Tesla says shareholders approve Musk's $1 trillion pay plan with over 75% voting in favor - 56 min 6 sec ago
Deutsche Welle - Tesla shareholders approve $1 trillion pay package for Musk - 1 hour 16 min ago
NDTV - Tesla Shareholders Approve $1 Trillion Pay Package For Elon Musk - 1 hour 31 min ago
FOX Business - Tesla shareholders to decide fate of Musk's $1T pay package - 10 hours 39 min ago
COMMENTARY:
SCMP - Tesla shareholders approve US$1 trillion pay package for Elon Musk - 1 hour 14 min ago
New York Post - Tesla shareholders approve Elon Musk’s historic $1 trillion pay package — here’s when he could pocket the windfall - 1 hour 31 min ago
The Independent - Musk could become history's first trillionaire as Tesla shareholders approve giant pay package - 1 hour 33 min ago
New York Times - Tesla Investors Back Musk’s Trillion Dollar Payday - 1 hour 44 min ago
BusinessInsider - Tesla shareholder meeting updates: Elon Musk's $1 trillion pay package is on the line - 5 hours 49 min ago
Indiatimes - Crucial day for Elon Musk: Will he get $1 trillion pay package? Tesla shareholders vote today - 7 hours 43 min ago
The Hindu - Elon Musk the trillionaire? Debate over his Tesla pay package rages - 20 hours 1 min ago



America’s top 10 busiest airports face flight cuts as the government shutdown drags on
FOX Business - 1 hour 24 min ago
America's top 10 busiest airports handled hundreds of millions of passengers last year, but travelers now face flight reductions due to air traffic controller shortages.
RELATED:
FOX Business - Turbulence ahead: Charts show how the shutdown is disrupting America’s airports - 3 hours 48 min ago
CNBC - Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown - 9 hours 10 min ago
NDTV - US To Cut 10% Of Flights At 40 Major Airports Amid Longest Shutdown - 19 hours 42 min ago
BBC - US to cut flights at 40 airports if shutdown doesn't end, transportation secretary warns - 21 hours 41 min ago
Reuters - Exclusive: US orders 10% flights cut at major US airports due to shutdown - Reuters - 22 hours 21 min ago
Deutsche Welle - Trump administration orders 10% flights cut amid shutdown - 23 hours 53 min ago
COMMENTARY:
New York Times - What Travelers Need to Know About the Shutdown, Flight Reductions and Delays - 2 hours 17 min ago
The Guardian - List of US airports cutting flights on Friday due to federal government shutdown - 3 hours 10 min ago
The Independent - As government shutdown forces airspace closure, what are your rights if your flight gets cancelled? - 5 hours 17 min ago
Indiatimes - ‘Meet us now!’: Democrats flex new power after election wins, demand Trump talks | US Govt Shutdown - 8 hours 1 min ago
SCMP - US government shutdown muddies China trade as agricultural officials miss expo - 10 hours 40 min ago
BusinessInsider - The FAA is cutting 10% of flights in 40 busy markets to ensure safety during the government shutdown - 23 hours 20 min ago



Fed's Hammack leans against more rate cuts because of high inflation - Reuters
Reuters - 2 hours 13 min ago
Fed's Hammack leans against more rate cuts because of high inflation  Reuters



UN Removes Sanctions On Syria's President Ahead Of Meeting With Trump
NDTV - 2 hours 38 min ago
The United Nations Security Council removed sanctions on Syrian President Ahmed al-Sharaa, who is due to meet US President Donald Trump at the White House on Monday.
RELATED:
Deutsche Welle - Shein: France urges EU sanctions over 'childlike' sex dolls - 6 hours 18 min ago
COMMENTARY:
Russia Today - UN Security Council lifts sanctions on Syria’s president - 2 hours 16 min ago
Indiatimes - North Korea says antagonised by US sanctions, will respond - 21 hours 12 min ago



Trump praises Walmart for slashing Thanksgiving meal prices
FOX Business - 2 hours 39 min ago
President Trump praised Walmart's cheaper Thanksgiving deals as grocery giants offer holiday meal bundles under $40 for families of 10.



McDonald's U.S. boss puts focus on 'value and affordability' as consumer spending splits
CNBC - 2 hours 40 min ago
McDonald's U.S. President Joe Erlinger told operators the brand was "moving in the right direction" as it continues a more-than-yearlong push on value.
RELATED:
CNBC - Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags - 9 hours 12 min ago
FOX Business - Top 5 most expensive drugs for consumers - 11 hours 40 min ago
COMMENTARY:
New York Times - Holiday Consumer Spending Could Exceed $1 Trillion, Retailers Project - 4 hours 16 min ago
SCMP - Luxury and lifestyle giants signal confidence in China’s consumer recovery - 12 hours 10 min ago



Number of Billion Dollar US IPOs Falls Far Behind Private Rounds - Bloomberg.com
Bloomberg - 3 hours 9 min ago
Number of Billion Dollar US IPOs Falls Far Behind Private Rounds  Bloomberg.com
COMMENTARY:
AllAfrica - Africa: Optasia Raises $345m in South Africa's Largest Fintech IPO - 11 hours 35 min ago
The Hindu - SEBI expands IPO anchor book size to 40% to broaden institutional investors participation - 12 hours 43 min ago
The Straits Times - Coliwoo opens at 61.5 cents in SGX debut, 2.5% above IPO price - 20 hours 3 min ago



Palantir CEO Alex Karp blasts Ivy League grads supporting socialist Mamdani
FOX Business - 3 hours 13 min ago
Alex Karp speaks out against elite education after Zohran Mamdani becomes New York City's first socialist mayor in nearly a century with Ivy League support.
RELATED:
FOX Business - Palantir CEO Alex Karp blasts Ivy League grads supporting socialist New York Mayor-Elect Mamdani - 3 hours 13 min ago
CNBC - CarMax stock falls more than 10% as CEO steps down - 10 hours 41 min ago
NDTV - Musk A Trillionaire? Debate Over Tesla CEO's Pay Package Rages - 21 hours 8 min ago
COMMENTARY:
The Straits Times - Sacked CEO fires back at Fu Yu demanding $2 million over salary and alleged defamation - 25 min 31 sec ago
The Guardian - Tesla shareholders to vote on $1tn pay package for CEO Elon Musk - 2 hours 40 min ago
The Hindu - Physicswallah is different from “early players”: CEO - 7 hours 17 min ago
BusinessInsider - Figma CEO says Charli XCX's 'Brat' album cover is an example of why AI won't replace humans anytime soon - 13 hours 9 min ago
Indiatimes - Comet 3I/ATLAS can 'wipe out an entire continent?': SpaceX CEO's stunning claim as mystery around interstellar object deepens - 14 hours 3 min ago
SCMP - Nvidia CEO Jensen Huang warns China will ‘win the AI race’: report - 15 hours 19 min ago



Apple's AI roadmap looks brighter — plus, Costco delivers upbeat sales numbers
CNBC - 3 hours 34 min ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
RELATED:
NDTV - Apple To Use Google's Gemini Model To Run New Siri: Report - 19 hours 42 min ago
COMMENTARY:
Indiatimes - Pluribus release time, episode schedule and where to watch: When will new season air? Here's release date, Apple TV+ episode schedule, plot, global release timings, where to watch online - 33 min 38 sec ago
SCMP - Apple nears US$1 billion-a-year deal to use Google’s Gemini AI model for Siri - 14 hours 13 min ago
The Straits Times - Apple nears deal to pay Google roughly $1.3 billion a year for Siri AI model - 18 hours 55 min ago



Retailers' holiday hiring to hit lowest level since the Great Recession, says major industry trade group
CNBC - 3 hours 51 min ago
The major industry group's prediction offers the latest glimpse into the jobs market as the record government shutdown stretches on.
COMMENTARY:
Indiatimes - Housing chill: US home value growth hits near-zero, echoes pre-recession years - 4 hours 12 min ago



Talks With PM Modi Going Well, Will Visit India: Trump Amid Trade Logjam
NDTV - 4 hours 11 min ago
US President Donald Trump said on Thursday his talks with Prime Minister Narendra Modi were going well and that he would be visiting New Delhi, as negotiations over trade continued.
RELATED:
NDTV - Ethiopia To Adopt India's Flagship Initiative For Poverty Alleviation - 7 hours 34 min ago
Reuters - India plans to retain cap on voting rights for large shareholders in banks, sources say - Reuters - 13 hours 24 min ago
Deutsche Welle - India repatriating nationals who fled Myanmar scam center - 14 hours 21 min ago
COMMENTARY:
Indiatimes - Trump plans likely India visit next year; says talks with PM Modi 'going well' - 4 hours 24 min ago
The Hindu - India needs a lot of big, world-class banks, talks on with RBI, lenders: FM - 8 hours 1 min ago



Exclusive: Google deal makes Amazon reforestation its top source of carbon removal credits - Reuters
Reuters - 4 hours 31 min ago
Exclusive: Google deal makes Amazon reforestation its top source of carbon removal credits  Reuters
COMMENTARY:
BusinessInsider - Startups find Amazon's AI chips 'less competitive' than Nvidia GPUs, internal document shows - 4 hours 26 min ago
The Hindu - Amazon Web Services Marketplace expanded in India - 14 hours 33 min ago
Indiatimes - Jeff Bezos' ex-wife MacKenzie Scott cuts her Amazon stake by $12.6 billion, gives away $80 million as one of largest donations - 16 hours ago



US shutdown sends airlines scrambling as travel chaos looms - Reuters
Reuters - 4 hours 56 min ago
US shutdown sends airlines scrambling as travel chaos looms  Reuters
RELATED:
FOX Business - United Airlines to offer refunds because of shutdown-caused flight restrictions - 10 hours 29 min ago
COMMENTARY:
New York Times - Airlines Rush to Prepare for Federal Reductions in Flights - 1 hour 41 min ago
BusinessInsider - Airlines cut back flights at 40 US airports amid the shutdown. Here's what to do if your flight is delayed or canceled. - 2 hours 13 min ago
Indiatimes - US shutdown sends airlines scrambling as travel chaos looms - 9 hours 5 min ago



Layoffs in October hit highest level for month in 22 years as companies cite cost-cutting, AI
FOX Business - 5 hours 24 min ago
U.S. employers announced 153,074 job cuts in October 2025, marking a 175% increase from the previous year and the highest total for the month of October since 2003.
RELATED:
CNBC - Job cuts in October hit highest level for the month in 22 years, Challenger says - 11 hours 11 min ago
COMMENTARY:
New York Post - AI wreaks havoc on US jobs with two-decade high 150K cut in October – bringing 2025 total to 1M: report - 3 hours 7 sec ago
BusinessInsider - Indeed lays off a 'very small' number of employees months after summer job cuts - 7 hours 40 min ago
Indiatimes - Layoffs Surge 175% in October — 153,000 Jobs Cut, Worst Since 2003 as AI and Cost-Cutting Bite Hard - 8 hours 33 min ago



US trade official warns up to $200B hangs in the balance as SCOTUS weighs Trump tariff case
FOX Business - 5 hours 56 min ago
Supreme Court weighs Trump tariffs as up to $200 billion hangs in balance. Trade representative warns of massive economic shake-up if import duties are overturned.
RELATED:
NDTV - US Supreme Court Questions Legality Of Donald Trump's Sweeping Tariffs - 16 hours 33 min ago
COMMENTARY:
SCMP - US-China trade truce raises hopes of an EU-China reset - 11 hours 10 min ago
Indiatimes - US elections show Trump's edge on the economy slipping - 19 hours 5 min ago



Microsoft forms superintelligence team under AI chief Suleyman 'to serve humanity'
CNBC - 6 hours 7 min ago
The MAI Superintelligence Team will pursue research for improving artificial intelligence companions, diagnosing diseases and generating renewable energy.
RELATED:
CNBC - Microsoft letting employees raise concerns about products after Middle East controversy - 22 hours 13 min ago
COMMENTARY:
BusinessInsider - Microsoft forms superintelligence team to rival Meta's, stresses 'humanist' focus - 4 hours 17 min ago
Indiatimes - Microsoft apologizes to 2.7 million customers, offers refunds over misleading Microsoft 365 subscription pricing: Check how to claim - 14 hours 22 min ago



Labour should stick to manifesto pledge on tax, deputy leader says
BBC - 6 hours 48 min ago
The government has repeatedly refused to rule out increasing income tax in this month's Budget.
RELATED:
CNBC - Double-digit mutual fund payouts are coming — how to avoid the tax hit - 8 hours 52 min ago
BBC - Government considering new tax on EV drivers in Budget - 15 hours 49 min ago
FOX Business - These 10 states offer the biggest property tax savings for American homeowners - 23 hours 37 min ago
COMMENTARY:
The Guardian - Lucy Powell says Labour must stand by promise not to raise key taxes - 4 hours 57 min ago
The Straits Times - S’pore needs to keep up with global tax changes to stay competitive in tough times: SMS Jeffrey Siow - 13 hours 35 min ago
AllAfrica - Nigeria: CSOs Raise Red Flag Over FIRS Officials As New Tax Regime Looms - 15 hours 49 min ago



Warning Signs of Euphoria Keep Piling Up in the Stock Market - Bloomberg.com
Bloomberg - 6 hours 56 min ago
Warning Signs of Euphoria Keep Piling Up in the Stock Market  Bloomberg.com
RELATED:
Reuters - Exclusive: China pushes equity fund launches to support stock market -sources - Reuters - 13 hours 16 min ago
COMMENTARY:
The Guardian - US stock market values tumble amid reports of high layoffs and hiring freezes - 5 hours 5 min ago
Indiatimes - US stock market crash: Why is stock market falling sharply today — Dow, S&P 500, and Nasdaq sink as AI overhype shows its true colors - 5 hours 57 min ago
BusinessInsider - Legendary investor Ray Dalio says the stock market is headed for one last hurrah before the bubble bursts - 7 hours 12 min ago
SCMP - Has Trump 2.0 really been a boon to stock markets and the economy? - 15 hours 10 min ago
The Hindu - Stock markets bounce back in early trade amid rally in global peers, buying in blue-chips - 18 hours 44 min ago



US Judge Drops Criminal Charges Against Boeing Over 737 MAX 8 Aircraft Crashes
NDTV - 7 hours 20 min ago
A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of an agreement between the company and prosecutors.
RELATED:
CNBC - Judge tosses Boeing criminal case over 737 Max crashes at DOJ request despite skepticism - 8 hours 40 min ago
Reuters - Boeing settles with families of three 737 MAX crash victims - Reuters - 12 hours 53 min ago
COMMENTARY:
The Independent - Judge dismisses criminal conspiracy charge against Boeing over 737 Max plane crashes - 5 hours 37 min ago



Will Bank of England governor play Santa or Scrooge on interest rates?
BBC - 8 hours 23 min ago
The interest rate decision was made by the narrowest of margins, meaning all eyes are now on the Bank's December meeting.
RELATED:
BBC - Will Bank of England governor play Santa or Scrooge on interest rates? - 9 hours 11 min ago
COMMENTARY:
The Guardian - Bank of England’s decision to keep interest rates at 4% is not all doom and gloom - 10 hours 17 min ago



How Fresh US Tariff Doubts Will Play Out Among Trading Partners - Bloomberg.com
Bloomberg - 10 hours 1 min ago
How Fresh US Tariff Doubts Will Play Out Among Trading Partners  Bloomberg.com
RELATED:
Bloomberg - Supreme Court Appears Skeptical of Trump’s Global Tariffs - Bloomberg.com - 17 hours 27 min ago
FOX Business - Bessent says Supreme Court tariff hearing 'went very well' for Trump administration - 22 hours 49 min ago
COMMENTARY:
New York Post - Temu offers ‘aggressive’ payouts to lure US retailers as Chinese company grapples with tariffs - 26 min 4 sec ago
New York Times - Trump Team Now Claims Its Trillions in Tariff Revenue Are ‘Incidental’ - 5 hours 2 min ago
Indiatimes - SC to block Trump tariffs? Justices grill Trump lawyers, 'Which powers are you speaking of there?’ - 7 hours 5 min ago
BusinessInsider - I'm a CEO pivoting my business abroad because of tariffs. I'm treating the US like hot lava. - 12 hours 45 min ago
AllAfrica - Nigeria: Dangote Refinery Withdraws Suit Against Issuance of Petrol Import Licences Amid New Import Tariff - 15 hours 46 min ago



Disney's ESPN, Penn Entertainment to wind down sports betting partnership, ESPN Bet
CNBC - 10 hours 27 min ago
ESPN and Penn Entertainment are winding down their sports betting partnership two years after reaching a 10-year agreement.
COMMENTARY:
BusinessInsider - How long could the Disney blackout on YouTube TV last? Here's what history says. - 5 hours 10 min ago
Indiatimes - ‘Murdaugh: Death in the Family’ on Disney’s Hulu: What was the real case involving Alex Murdaugh, who killed his wife and son, and what were his financial crimes; Check series finale date - 18 hours 24 min ago



Google's rolling out its most powerful AI chip, taking aim at Nvidia with custom silicon
CNBC - 10 hours 40 min ago
Google says Ironwood, the seventh generation of its Tensor Processing Unit, is more than four times faster than its predecessor chip.
COMMENTARY:
BusinessInsider - Google is in early talks to deepen its investment in Anthropic - 21 hours 4 min ago



Ukraine: Russia says advances made in key city of Pokrovsk
Deutsche Welle - 12 hours 50 min ago
Russia says it has nearly surrounded the frontline city and is close to capturing it, after over a year of fighting. Meanwhile, South Africa is probing how 17 of its citizens were lured to fight in the war. DW has more.
RELATED:
Deutsche Welle - South Africa probes how 17 of its citizens were lured to fight as mercenaries in Ukraine - 12 hours 50 min ago
COMMENTARY:
Russia Today - Polish president bemoans Ukraine’s ‘lack of gratitude’ - 2 hours 16 min ago
SCMP - Ukraine jails Russian soldier for life for killing POW in first such ruling - 5 hours 55 min ago
BusinessInsider - Ukraine and Russia are surging drones with longer reach to hunt targets beyond a widening 'kill zone' - 6 hours 23 min ago
The Guardian - South Africa launches investigation into 17 citizens fighting in Ukraine - 8 hours 34 min ago
The Independent - Angelina Jolie’s Ukraine visit sparks row as military recruiters seize her driver - 13 hours 40 min ago
Indiatimes - Angelina Jolie’s driver detained and drafted into the army during her trip to war-torn Ukraine - Is he a Ukrainian? Check the reason behind his detention - 17 hours 28 min ago



Trump pressed China's Xi to release jailed Hong Kong media tycoon, sources say - Reuters
Reuters - 15 hours 13 min ago
Trump pressed China's Xi to release jailed Hong Kong media tycoon, sources say  Reuters
RELATED:
NDTV - Trump Pressed Xi To Release Jailed Hong Kong Media Tycoon: Reports - 20 hours 4 min ago
CNBC - Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut - 21 hours 41 min ago
COMMENTARY:
SCMP - National Games: how co-hosting adds up for Hong Kong and Greater Bay Area - 40 min 21 sec ago
The Hindu - Qatar Airways to sell its holdings in Hong Kong's Cathay Pacific for $896 million - 13 hours 59 min ago



Does Trump Have A Plan To Denuclearise US, Russia And China? "Maybe"
NDTV - 15 hours 36 min ago
US President Donald Trump said on Wednesday that he may be working on a plan to denuclearize with China and Russia, without providing details.
COMMENTARY:
Russia Today - NATO now outproducing Russia in ammo – Rutte - 2 hours 41 min ago
The Independent - Europe’s new weapons system to fight the rising threat of Russian drones - 10 hours 7 min ago
SCMP - ‘Drone wall’: how Nato is plugging the Russian airspace gap - 12 hours 20 min ago



Cyberattack In Nevada Started In May But Only Discovered In August: Report
NDTV - 16 hours 13 min ago
State workers were put on paid administrative leave. Nevada residents couldn't receive their driver's licenses. Employers were unable to conduct background checks on new hires. These were all effects of a massive cyberattack in Nevada.



Netflix Institutes Ad Reach Metric As Commercials Cross 190 Million Viewers
NDTV - 16 hours 25 min ago
Netflix said on Wednesday that ads on its platform have reached over 190 million monthly active viewers (MAVs) globally, as the streaming giant instituted the new metric to measure its ad reach in terms of people instead of accounts.
COMMENTARY:
Indiatimes - Netflix reveals voice cast and first look photos for 'Stranger Things': Tales From ’85’ - 6 hours 29 min ago
New York Post - Netflix in talks to stream SiriusXM podcasts in bid to take on YouTube: reports - 7 hours 8 min ago



Bitcoin and Gold Part Ways — Which Is Bad for Big Tech - Bloomberg.com
Bloomberg - 18 hours 29 min ago
Bitcoin and Gold Part Ways — Which Is Bad for Big Tech  Bloomberg.com
COMMENTARY:
Indiatimes - Bitcoin price crashes hard today as panic selling grips crypto markets — Why is BTC falling sharply – Experts see Bitcoin price prediction at $92,000 next - 6 hours 15 min ago