Latest in Adani Group companies lose $26 billion in market value after U.S. indictment
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Billions in taxes hang in balance for US companies as election nears
Research shows Trump’s tax cuts led to expanded corporate investment — and a spike in share buybacksWorld - Financial Times - October 30 -
Inside the Massive Crime Industry That’s Hacking Billion-Dollar Companies
When you download a piece of pirated software, you might also be getting a piece of infostealer malware, and entering a highly complex hacking ecosystem that’s fueling some of the biggest breaches ...Tech - Wired - November 4 -
Elon Musk’s xAI startup said to eye funding round, valuing the company at this much
xAI is in talks with investors for a funding round, the Wall Street Journal reported.Business - MarketWatch - October 29 -
ServiceNow flirts with $200 billion market cap as AI momentum draws cheers
ServiceNow’s stock is on track for a record close Thursday following an upbeat earnings report.Business - MarketWatch - October 24 -
Vietnam waits for major upgrade to its $200 billion stock market
Vietnam's chip capabilities have it competing against near neighbor Malaysia, attracting global semiconductor firms.Business - CNBC - October 28 -
Billions were bet on election odds using online markets
Election betting platforms brought in billions of dollars as users wagered on who would win Tuesday’s U.S. presidential election.Top stories - NBC News - November 9 -
Italy recovers Etruscan artifacts worth $8.5 million bound for black market
Italian authorities have announced the seizure of an illegal excavation of an Etruscan burial site in the central Umbria regionEntertainment - ABC News - Yesterday -
Italy recovers Etruscan artifacts worth $8.5 million bound for black market
Italian authorities have announced the seizure of an illegal excavation of an Etruscan burial site in the central Umbria regionWorld - ABC News - Yesterday -
This massive flooring company says the housing market will get better — next year
Mohawk Industries’ product mix has been hit by consumers trading down and by new construction outpacing higher-value remodeling.Business - MarketWatch - October 25 -
Markets look past Trump tariffs, but they could be ‘life or death’ for some companies
Donald Trump’s most consistent policy commitment is to tariffs, or taxes paid by U.S. importers of foreign goods.Business - MarketWatch - November 6 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - 6 days ago -
FirstFT: US companies rush to cash in on Trump market rally
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - 6 days ago -
Commanders more than a Hail Mary to win Super Bowl as model projects high value in futures markets
The SportsLine Projection Model has crunched the numbers on Washington's chances to lift the Lombardi TrophySports - CBS Sports - October 31 -
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Universal Music Group will move to U.S. exchange in 2025, Ackman says
Antisemitic violence in Amsterdam following a soccer match prompted Bill Ackman's decision to move his publicly traded company and UMG out of the Netherlands.Business - CNBC - November 9 -
U.S. hits Israeli settler group with sanctions over West Bank violence
The United States imposed sanctions on an Israeli settler group it accused of helping perpetrate violence in the occupied West Bank.Top stories - NBC News - 2 days ago -
Former All-Star Garvey loses U.S. Senate race
Republican former baseball star Steve Garvey was defeated by Democratic Rep. Adam Schiff on Tuesday in the race for the California U.S. Senate seat long held by the late Dianne Feinstein.Sports - ESPN - November 6 -
Harris delivers concession speech after losing to Trump
Vice President Kamala Harris gave a concession speech at Howard University in Washington after losing the election to Donald Trump. Harris said she had congratulated Trump on his victory and said ...Top stories - NBC News - November 6 -
European Central Bank warns that concentration in highly-valued U.S. tech stocks poses financial stability risk
High equity valuations and investors’ concentration in big U.S. tech stocks are among the main risks to financial stability, says the ECBBusiness - MarketWatch - Yesterday -
Alex Kirilloff, 26-year-old Twins outfielder, retires from baseball after numerous injuries
'These challenges have taken a toll on me mentally and physically,' Kirilloff wrote about his decisionSports - CBS Sports - October 31 -
Biden to unveil $3 billion investment in U.S. ports in Baltimore
President Biden will announce initiative to modernize ports across the U.S. and improve working conditions for dockworkers.Top stories - CBS News - October 29 -
Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports
On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.Business - Inc. - October 29 -
The U.S. Air Force Strategy That Flexport Uses to Move Billions in Merchandise
Ryan Petersen’s Flexport technology moved $32 billion worth of merchandise in 2023 alone.Business - Inc. - November 13 -
ByteDance Valuation Hits $300 Billion Amid Possible U.S. TikTok Ban
ByteDance, owner of TikTok, has placed its own value at this figure.Business - Inc. - 4 days ago -
Rubio says Chinese hacking of U.S. telecom companies is a "very serious situation"
Sen. Marco Rubio, who is on the Senate Intelligence Committee, said Sunday that as "time goes on, we're going to learn more" about Chinese hacking of U.S. telecom companies.Top stories - CBS News - November 3 -
Nuclear-Power Companies Hit by U.S. Regulator's Rejection of Amazon-Talen Deal
Talen said it believed FERC had erred and was evaluating its options. The company can still restructure its expanded deal with Amazon, according to Oppenheimer analysts.Business - The Wall Street Journal - November 4 -
Trump's tariff threats send U.S. companies scrambling for lobbyists and loopholes
In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing.Top stories - NBC News - November 12 -
U.S. companies could be caught in the crosshairs if China retaliates to fight Trump
China's retaliation tactics could range from economic changes to matters of diplomacy and security.Business - CNBC - 5 days ago -
TKO Group to acquire IMG, Professional Bull Riders and On Location from Endeavor for $3.25 billion
TKO Group, the company that owns UFC and WWE, is expanding its reach in the sports world by acquiring three businesses from Endeavor Group for $3.25 billion.Business - CNBC - October 24 -
Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan
A National Retail Federation predicts a huge loss in consumer spending power under Trump, who also threatened Mexico and China with further tariffs over fentanyl flows to the U.S.Business - Inc. - November 5 -
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion deal
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion dealSports - ABC News - October 24