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Alibaba’s stock turns lower as investments to meet AI demand hurt profitability

Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.

Business - MarketWatch - November 15

GM Cuts 1,000 More Jobs as EV Push Continues

General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the automaker to trim costs as it ramps up sales in unprofitable electric vehicles.

Business - The Wall Street Journal - November 15

Mike Tyson, even at 58 years old, continues to change the game

Tyson is past his prime, but the fight game is still about buzz and buys. It's why Netflix is all-in on Tyson vs. Jake Paul (8 p.m. ET).

Sports - ESPN - November 15

Georgia election chief doused in paint as protests continue after parliamentary vote

The head of Georgia’s Central Electoral Commission has been doused with black paint at a meeting to confirm the results of the country’s divisive Oct. 26 parliamentary elections

World - ABC News - November 16

South Africa grind out victory as England losing run continues

South Africa prove too strong for England at Twickenham's Allianz Stadium, as Cheslin Kolbe scores twice in a nine-point win.

Police vow to arrest South African miners as standoff continues

World - Yahoo News - 6 days ago

Don’t ignore Iran’s continued persecution of pro-democracy activists

The Iranian judiciary, acting as an arm of suppression rather than a pillar of justice, has begun resorting to increasingly harsh measures.

Politics - The Hill - 6 days ago

Spain floods death toll rises to 227 as blame trading continues

World - Yahoo News - 5 days ago

How Trump can continue to realign the Middle East in his second term

The incoming Trump administration will have the opportunity to avenge the attempted assassination of President-elect Donald Trump by the Iranian regime, while also accelerating a grand realignment ...

Politics - The Hill - 5 days ago

Union Workers Continue Picketing Vegas Hotel With No Talks Planned

The walkout at Virgin Hotels Las Vegas enters its fourth day as employees demand pay and benefits similar to those rewarded by rival operators earlier this year.

Business - Inc. - 5 days ago

Russian strikes continue in Ukraine, marking 1,000 days since the invasion

It's been 1,000 days since Russia invaded Ukraine. A day after the U.S. approved Ukraine's use of long-range missiles against Russia, a Russian strike killed seven people in the country's Sumy ...

Trump joins Musk for rocket launch as he continues staffing up administration

President-elect Donald Trump continued announcing picks for Cabinet positions and administrative roles, including tapping banking CEO Howard Lutnick to lead the Commerce Department. Trump also ...

Inside the $3 billion school security industry as shootings continue

Products like AI surveillance monitoring and collapsible safe rooms have hefty price tags for schools, while bulletproof backpacks and school supplies are marketed to fearful parents.

Culinary union strike continues against Virgin Hotels in Las Vegas

The Culinary Workers Union strike against Virgin Hotels in Las Vegas is stretching on with no end in sight as workers continue their push for a five-year contract with better wages and benefits. ...

Election workers seek to hold Rudy Giuliani in contempt for continued defamatory comments

The two former Georgia election workers who won an almost $150 million defamation judgment against former Donald Trump lawyer Rudy Giuliani want him held in civil contempt for continuing to falsely ...

Bitcoin hits fresh record, marches toward $100,000 as rally continues

Bitcoin breached the $99,000 level for the first time as investors continued pricing in a second Donald Trump presidency.

Business - CNBC - 2 days ago

Will Republicans continue to support subsidies for the chip industry? | PwC interview

The Chips & Science Act was a bipartisan law passed to give $52 billion to the U.S. semiconductor industry. Will Republicans stand behind it?

Tech - VentureBeat - 2 days ago

Volkswagen Faces Prospect of Strikes in December as Talks With Unions Set to Continue

Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from lower-cost Chinese competitors.

Business - The Wall Street Journal - 2 days ago

Man dies after tree falls on car as Storm Bert sweeps UK

Weather warnings for rain, wind, and floods remain in place for much of England, Scotland, and Wales.

Nvidia continues its march to a $4 trillion stock-market valuation. Why it’s inevitable.

Two big questions: How does the tech giant grow fast enough to satisfy Wall Street — and how long will that take?

Business - MarketWatch - Yesterday

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