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The Latest Breaking News on Business

Glenn Hamer resigns as CEO of Texas Association of Business weeks after sexual assault allegations

An unidentified woman sued Hamer two weeks ago, accusing him of sexually assaulting and harassing her before retaliating against her using his position at the powerful business group.

The Texas Tribune

IBM looks to secure data infrastructure with $11bn bid for Confluent

IBM is set to buy Confluent for around 34% more than it was worth according to previous share prices.

TechRadar

Paramount Is Launching a Hostile Bid for Warner Bros. Is PSKY Stock a Buy, Sell, or Hold Here?

Paramount Skydance just launched a hostile bid for Warner Bros. yesterday, driving PSKY stock higher by 9%.

Barchart

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MicroStrategy Is Still Betting on a Bitcoin Comeback to Lift Beaten-Down MSTR Stock

MicroStrategy stock is down over 60% from its all-time high amid falling Bitcoin prices over the last two months. Is MSTR stock ripe for a comeback?

Barchart

Cracker Barrel lowers revenue forecast as traffic falls after logo blowup

Cracker Barrel posted lower-than-expected sales in its fiscal first quarter and lowered its revenue forecast for the year as it continued to feel the fallout from a botched plan to revamp its logo and restaurants

The Independent UK

OpenAI names Slack CEO Dresser as first chief of revenue as ChatGPT maker aims to make a profit

OpenAI has appointed Slack CEO Denise Dresser as its first chief of revenue

The Independent UK

Exelon CEO: The ‘warning lights are on’ for U.S. elecgrid resilience and utility prices amid AI demand surge

The U.S. needs more generation, including renewables, and greater efficiencies to keep the grid from breaking down, Exelon CEO and president Calvin Butler said at Fortune’s Brainstorm AI conference.

Fortune

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Consumers feel so much worse about their finances than last year, new Fed report reveals

Nearly 40 percent of consumers believe their household finances are worse off now than a year ago

The Independent UK

Winter Costs Are Squeezing Fixed-Income Homeowners—Here’s How to Prepare

Winter 2025 is shaping up to be one of the most expensive cold seasons in recent memory. According to the National Energy Assistance Directors Association...

Saving Advice

Boeing Delivers Fewer Jets In November While Airbus Flies Past

Boeing Co. (NYSE:BA) posted a sharp year-over-year rebound in November aircraft deliveries but fell short of October’s pace, highlighting both improving execution after last year’s disruptions and the continued unevenness of its production recovery as Airbus (OTC:EADSY) extended its delivery lead.

Benzinga

'Insurance Companies Love High Deductible Plans,' Says Mark Cuban. 'When You Can't Afford Your Deductible, You Don't Get Care'

Billionaire entrepreneur Mark Cuban is once again calling out the U.S. healthcare system, taking particular aim at insurance companies and high-deductible health plans.

Benzinga

Down 8% in December, Investors Should Wait Until Late January to Buy Harley-Davidson

Harley-Davidson stock is down over 25% in 2025, including 8% since the beginning of December. There are fundamental reasons to consider buying Harley-Davidson stock. Wait until late January to buy. Here are three reasons why.

Barchart

You're probably $30,000 short of what you need to buy a house—and you're not alone

More than 75% of U.S. homes on the market are unaffordable for the typical household, according to a Bankrate analysis.

Fortune

U.S. job openings barely budged in October, coming in just below 7.7 million

U.S. job openings barely budged in October, coming in at 7.7 million amid uncertainty over the direction of the American economy

The Independent UK

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Barchart

Is PulteGroup Stock Underperforming the Dow?

Despite PulteGroup’s recent underperformance relative to the Dow, analysts remain moderately optimistic about the stock’s prospects.

International Business Times UK

David Ellison Said To Assure White House He'd Make 'Sweeping Changes' To Steer CNN 'Pro-Trump'

Reports say David Ellison assured White House officials he could reshape CNN's lineup to favour President Trump as Paramount Skydance launched a £81.3bn ($108.4bn) hostile bid for Warner Bros. Discovery, prompting press-freedom alarms and regulatory scrutiny.

The Independent UK

‘Most harmful’ AI revealed in new safety study

None of the eight leading AI firms scored well when evaluated for existential risk

Reason

Ignore the Entertainment Companies

Plus: Lost Vegas, Gen Z listlessness, Kushner mystique, Nvidia goes to China, and more...

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GOBankingRates

I Asked ChatGPT What Christmas Gifts To Avoid: Here’s What It Said

I used ChatGPT and asked for what gifts to skip because they're overpriced, risky or likely to turn into a financial headache.

The Conversation

You care about fairness at work – so why do you feel like a fake?

Most people care about fairness at work and want to support colleagues who face marginalization – for example, people of color, women and people with disabilities. Our research has found that 76% of employees want to be allies to co-workers who face additional challenges, and 84% value equity. That’s in…

We Got This Covered

Georgia CR-V car buyer says always check your receipt – it might get you a $4k refund

He had the law on his side.

Benzinga

Behind Paramount's Hostile $108 Billion Bid For Warner Bros Discovery Was— Unanswered Texts?

David Ellison-led Paramount Skydance (NASDAQ:PSKY) launched a hostile bid worth $108.4 billion for Warner Bros Discovery (NASDAQ:WBD) on Monday, in a last-ditch effort to outbid streaming giant Netflix Inc. (NASDAQ:NFLX) and create a content powerhouse. A regulatory filing on Monday revealed that the HBO owner’s lack of response fueled Paramount’s…

Benzinga

Trump Says Inflation Is 'Essentially Gone,' But Warns Against Deflation: 'You Gotta Be Careful'

President Donald Trump suggested that inflation is on the decline and might continue to decrease, but also expressed concerns about the possibility of deflation.

Benzinga

Cursor's CEO Reveals 80% Of Support Now Fully Automated As Internal Help Desk Replaces Human Work

The $29 billion AI coding startup Cursor says it has automated most of its internal support operations, offering a glimpse into how artificial intelligence is rapidly reshaping corporate workflows.

Fortune

Amazon robotaxi service Zoox to start charging for rides in 2026, with ‘laser focus’ on transporting people, not deliveries, says cofounder

Jesse Levinson, Zoox cofounder and CTO, said the robotaxi service needs several more years before it can operate at a scale where the business is “financially interesting.”

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