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G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.The New York Times - Dec. 4 -
GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
Kash Patel, Trump's pick to lead FBI, hit with Iranian cyberattack, sources say
The FBI director nominee Kash Patel was hit with what is believed to be a cyberattack emanating from Iran, according to two sources familiar with the situation.ABC News - Dec. 4 -
Slurpee and an IPO, please: 7-Eleven parent Seven & I may list North American business, report says
Japan’s Seven & I Holdings Co., fending off a takeover bid, may list its North American 7-Eleven convenience stores in an initial public offering as part of a management-led takeover bid, according ...MarketWatch - Dec. 4 -
Kash Patel targeted in possible Iran-backed cyberattack, sources say
The apparent hackers targeted Kash Patel's communications, but whether they succeeded and how much access they had to the data is still being investigated, the sources said.CBS News - Dec. 4 -
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'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
University of Michigan Weighs Changes to Its Diversity Program
The school is one of higher education’s biggest supporters of D.E.I. Now it’s considering a new approach as critics question the program’s success and impact on campus life.The New York Times - Dec. 4 -
12/3: The Daily Report
Jericka Duncan reports on efforts to drum up support on Capitol Hill for President-Elect Trump's administration picks, what happens next in South Korea following its president's reversal of a ...CBS News - Dec. 3 -
Senate Republicans hedge on Pete Hegseth support after latest controversy
President-elect Donald Trump's defense secretary pick Pete Hegseth met with Republican senators on Tuesday amid allegations ranging from sexual assault to workplace misconduct. Hegseth and his ...CBS News - Dec. 3 -
Salesforce earnings may serve as latest shot in the arm for software stocks
Salesforce’s stock rises after a revenue beat that could signal healthy spending trends in the industry.MarketWatch - Dec. 4 -
Western businesses in China hold on to hopes for Trump 2.0
Some believe the incoming US president is in a strong position to negotiate a trade deal with BeijingFinancial Times - Dec. 4 -
Protection deal for Amazon rainforest in peril as big business turns up heat
Exclusive: With Brazil’s politicians, agribusiness organisations and global traders piling on the pressure, the highly successful 2006 Soy Moratorium is under threat. One of the cornerstones of ...The Guardian - Dec. 3 -
U.S. officials urge Americans to use encrypted apps amid cyberattack that exposed live phone calls
Amid an unprecedented cyberattack on telecommunications companies such as AT&T and Verizon, U.S. officials have recommended that Americans use encrypted messaging apps to ensure their ...NBC News - Dec. 3 -
Intel CEO’s Departure Latest in List of Top Jobs Vacated in 2024
Leadership changes at large publicly traded companies from Boeing to Starbucks were a feature of the corporate landscape in a tumultuous year.Inc. - Dec. 3 -
How to Turn ‘Boring’ Businesses Into Cash-Flow Machines
In ‘Main Street Millionaire,’ Codie Sanchez describes how to make money buying the types of businesses that most people ignore.Inc. - Dec. 3 -
China retaliates against latest US chip restrictions
Beijing bans export of materials used in semiconductors and batteriesFinancial Times - Dec. 3 -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - Dec. 3 -
Is Enron really back in business? Here's what to know.
A new Enron website appeared on Monday to proclaim its relaunch. It's been 23 years since the energy company went up in smoke.CBS News - Dec. 3 -
Afghan women 'banned from midwife courses' in latest blow to rights
Women at training colleges across the country were told they are not allowed to return to class.BBC News - Dec. 3 -
AT&T Gave Up on the Media Business, and Its Stock Has Surged
Investors have welcomed CEO John Stankey’s return to boring wireless and broadband services after costly entertainment gambles.The Wall Street Journal - Dec. 3 -
Carlsberg Sells Russian Baltika Breweries Business
Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.The Wall Street Journal - Dec. 3 -
Nicholas Hoult is a man of character — and it's keeping him busy
'What I enjoy doing is trying to disappear and not do the same thing over and over again,' says the actor with three recent releases: 'Juror #2,' 'The Order' and 'Nosferatu.'Los Angeles Times - Dec. 3 -
12/2: The Daily Report
Lindsey Reiser reports on President Biden's pardon of his son Hunter, the latest controversy surrounding President-Elect Trump's incoming administration, and what's next for Hezbollah amid the ...CBS News - Dec. 3 -
Inc.’s 2024 Best in Business Honorees
Meet the companies innovating, inspiring, and operating at the very top of their games.Inc. - Dec. 3 -
Businesses and Job Seekers: Beware of This Hiring Scam
Scammers might be using your business’s job posting to make a buck.Inc. - Dec. 3 -
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Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
Business school teaching case study: Can transparency improve pay equality?
UK employers must report gender disparity in wages but critics say the obligation provides little accountabilityFinancial Times - Dec. 3 -
Middle East latest: Israel and Hezbollah trade fire, threatening Lebanon ceasefire
The Lebanese militant group Hezbollah has fired into a disputed border zone held by IsraelABC News - Dec. 2 -
Oxford picks "brain rot" as its word of the year
Oxford University Press said the phrase "brain rot" gained "new prominence in 2024," with its frequency of use increasing 230% from the year before.CBS News - Dec. 2 -
Why This Mother-Daughter-Founded Snack Brand Brought Philanthropy Into Its Business Model
With a new partnership, SkinnyDipped set about its new mission to empower other female entrepreneurs.Inc. - Dec. 2 -
How Glossier Got Its Glow Back
The 10-year-old beauty brand is profitable, growing, and back in the zeitgeist after successfully pulling off a transition of power.Inc. - Dec. 2 -
How One Entrepreneur Is Making PR Accessible for Small Businesses
Jenny Nguyen has reimagined publicity for independent designers and craftspeople. In the process, she built a community.Inc. - Dec. 2 -
Is OpenAI Getting Into the Advertising Business? The Company Is Sending Mixed Messages
The AI giant’s CFO says it’s looking into ads, but adds that it has no active plans as yet.Inc. - Dec. 2 -
Resilience Is Required to Start and Sustain a Business
When you launch a business, you learn a lot about yourself—here’s how to harness that.Inc. - Dec. 2 -
Kash Patel, Trump’s latest nominee, is just another toady
It is a given that Patel as FBI director would not act independently of the president.The Hill - Dec. 2