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Turkey prices soar as flu squeezes supply

Turkey prices are spiking ahead of Thanksgiving as bird flu shrinks the U.S. flock to a near 40-year low and strains the supply chain. Wholesale costs are up 75% from October 2024, and Purdue University expects retail pr…

CarMax shares slide as CEO exits amid downgrade

CarMax shares fell 10% in premarket trading Thursday after the used car retailer issued a weak preliminary outlook and said CEO Bill Nash will step down. The company expects third-quarter comparable used unit sales to dr…

Immigration crackdown rattles US construction sites

Across U.S. building sites, intensified immigration enforcement under President Trump is deepening an already severe labor shortage. Contractors describe crews too scared to show up after ICE checkpoints and raids, slowi…

Bose QuietComfort headphones drop to 199

Bose is clearing out QuietComfort headphones, cutting the price from $349 to $199, a 43% discount that undercuts rival flagships. The over-ear cans pair proprietary active noise cancellation with plush cushions and a pad…

Dimon opens dialogue with mayor elect Mamdani

Jamie Dimon said he called Mayor-elect Zohran Mamdani on Wednesday, signaling a thaw after sharp criticism from New York business leaders. In a CNN interview, the JPMorgan Chase chief said he’ll keep talking if it proves…

Profits Soar as Layoffs Signal Jobless Boom

Corporate profits are surging and stocks are setting records, even as companies have axed nearly 1 million jobs this year, a split Chen Zhao of Alpine Macro calls a 'jobless boom.' He points to fast-spreading AI that lif…

Google Play and YouTube exit Movies Anywhere

Movies Anywhere quietly announced that Google Play and YouTube no longer participate in its cross-platform library syncing, a move that appears linked to Disney’s feud with Google. The notice, dated October 31, coincides…

NTSB details wing fire before UPS crash

Federal investigators say a UPS cargo jet erupted in flames on its left wing and lost an engine moments after takeoff from Louisville, then crashed and exploded, killing at least 12. The MD-11 freighter, departing for Ho…

Sinclair CEO criticizes blackouts and carriage disputes

Sinclair Broadcast Group CEO Chris Ripley used a Wednesday earnings call to condemn the ABC blackout affecting about 10 million YouTube TV subscribers, saying local broadcasters have no say over whether their paid-for co…

DoorDash shares plunge as EPS misses estimates

DoorDash’s third-quarter report sent shares down 14% as earnings missed forecasts while revenue beat. EPS was 55 cents versus 69 cents expected, and revenue rose 27% to $3.45 billion. Net income reached $244 million, and…

Elf Beauty sinks on cautious outlook despite Rhode

E.l.f. Beauty shares tumbled 29% after full-year guidance underwhelmed, despite a boost from Hailey Bieber’s Rhode. The company projects $1.55 billion to $1.57 billion in revenue and adjusted EPS of $2.80 to $2.85, both …

Robinhood Surge Faces Valuation Test Wednesday

Robinhood Markets has become one of Wall Street’s standout winners since Donald Trump’s election victory, with shares up about 450% through Tuesday, far outpacing the S&P 500’s 17% gain. The platform is the biggest gaine…

France suspends Shein access amid Paris protests

France suspended access to Shein’s website pending proof it complies with national laws, after officials found sex dolls resembling children for sale, which the consumer fraud agency deemed of a child pornography nature.…

Amazon leads retailer price hikes amid tariffs

Tariffs imposed by the Trump administration are adding costs as inflation lingers, and Amazon has raised prices more than rivals, DataWeave says. Amazon’s online prices rose 12.8% through September, versus 5.5% at Target…

Toyota recalls US vehicles over rear camera issue

Toyota is recalling 1,024,407 vehicles in the U.S., covering 2022–2026 Toyota, Lexus and Subaru Solterra models equipped with Panoramic View Monitor systems. A software error can cause the rearview camera to freeze or di…

Google Epic settlement proposes Android app changes

Google and Epic Games have reached a settlement, pending Judge James Donato’s approval, that would reshape Android app distribution worldwide. The deal lowers Play Store fees to capped rates of 20 percent or 9 percent, w…

Google adds Android plush and colorful merch

Google has expanded its merch lineup, adding three items to the Google Store: a $36 12 inch Android Classic Plushie, the same one previously offered via Play Points and on the dedicated merch shop, plus a Search n Stack …

Yum Brands weighs options for Pizza Hut

Yum Brands said it will review strategic options for Pizza Hut, citing lagging results that may be better realized outside the company. No deadline was set; possibilities include a divestiture, joint venture or selling a…

OpenAI expands cloud options after Microsoft renegotiation

OpenAI’s newly renegotiated pact with Microsoft frees it to buy cloud computing on the open market, after years of relying on Microsoft before adding two other cloud providers. The restructuring also allowed OpenAI to cr…

Pfizer files second suit over Metsera bid

Pfizer filed a second lawsuit against Novo Nordisk and Metsera, accusing the Ozempic maker of an anticompetitive bid to acquire the obesity biotech and cement dominance in a booming market. The Delaware federal suit also…

Microsoft signs AI capacity deal with IREN

Microsoft has agreed to spend about $9.7 billion on artificial intelligence computing capacity from IREN Ltd., making the Sydney-based firm’s largest customer. The five-year deal gives Microsoft access to Nvidia systems …

Gold steadies as China ends tax rebate

Gold hovered near $4,000 an ounce after a shaky Monday open, recovering 0.2% following an early drop of up to 1%. The move came after Beijing ended a long-standing policy allowing some retailers to fully offset value-add…

Futures Rise As Tech Earnings Lift Sentiment

US equity-index futures edged higher Monday, hinting the seven-month global stock rally still has momentum as strong tech earnings and easing US China trade tensions buoy sentiment. S&P 500 and Nasdaq 100 contracts rose …

LendingTree estimates tariffs add billions to holidays

American shoppers face a pricier holiday season as LendingTree estimates President Donald Trump’s “liberation day” tariffs will add $40.6 billion to seasonal costs. Consumers would shoulder $28.6 billion—about $132 per s…

US China trade deal eases chip ban

China will ease its export ban on automotive computer chips under a US China trade deal outlined by White House after Xi Jinping and Donald Trump met in South Korea. Beijing will ensure Nexperia’s China facilities resume…

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