Charlotte Trial Examines NASCAR Charter System and Allegations

 

Charlotte, N.C. — An antitrust trial began Dec. 1 in federal court as 23XI Racing and Front Row Motorsports sued NASCAR and CEO Jim France, alleging unlawful monopolization tied to the charter system. Plaintiffs Michael Jordan and Denny Hamlin refused 2024 charter extensions and cited a six-hour deadline and exclusivity...

Waymo expands operations and DoorDash partnership in cities

 

United States — Waymo expanded autonomous operations this week and launched a DoorDash delivery partnership in Phoenix. On Monday and Tuesday companies announced trunk-delivery for DashMart orders within Waymo’s 315-square-mile Phoenix service area. Waymo began test driving in St. Louis, Baltimore and Philadelphia ahead of public launches, with trained specialists...

Local and Federal Moves Aim to Expand Affordable Housing

 

United States. Local and federal actors announced actions this week to address housing shortages across multiple cities. In Grand Rapids a developer challenged a regional 2025 housing assessment after a Nov. 21 letter; Charleston leaders considered a $17.5 million TIF-backed land purchase for affordable units; Bay City moved public housing...

Costco sues for refunds over Trump-imposed import tariffs

 

Washington — Costco sued in the U.S. federal Court of International Trade seeking refunds and protection from liquidation over tariffs President Donald Trump imposed under the International Emergency Economic Powers Act. The complaint asks judges to declare IEEPA-based tariffs unlawful, block further collections, and guarantee reimbursements for duties paid after...

New York Approves Three Casinos, Projects Move Forward

 

New York — State gaming officials voted Tuesday to approve three casino licenses for New York, awarding permits for projects in Queens at Aqueduct and near Citi Field and for a Bally's development at Ferry's Point golf course in the Bronx. The New York Gaming Facility Location Board recommended approvals...

Corporate Disclosures and Financial Updates Across Multiple Firms

 

United States. Corporate disclosures and financial updates from multiple listed companies were published Tuesday, reporting financing actions, board changes, operational results, and treasury strategies. Kestra Medical filed a Form S-1 for an underwritten offering and reported preliminary Q2 fiscal 2026 revenue; other firms announced stock actions, insider purchases, distributions, bitcoin...

Musk Urges Reform, Defends H‑1B, Praises Indian Talent

 

Washington: Elon Musk defended the H‑1B visa programme and praised Indian professionals' contributions to the US economy in a podcast interview this week. Speaking with Zerodha co‑founder Nikhil Kamath on Sunday, he said the United States has 'benefited immensely' from skilled Indians and clearly called for reforms to prevent outsourcing...

Nationwide shoppers boost local stores on Small Business Saturday

 

United States, Small Business Saturday mobilized shoppers at local stores across the country this weekend, boosting foot traffic and holiday sales for independent retailers. Vendors, shop owners and city organizers promoted shop-local events in Sarasota, Casper, Summit, Fargo, Augusta, Bath, Atlanta, Bakersfield, Middletown, Chicago and Bozeman. American Express created the...

Rosen Law Reminds CarMax Investors Class Deadline

 

Rosen Law Firm reminds CarMax, Inc. investors who bought securities between June 20, 2025 and November 5, 2025 of a January 2, 2026 deadline to seek lead plaintiff status in a filed securities class action. The complaint alleges defendants overstated growth prospects, citing temporary demand tied to tariff speculation, making...

Nationwide Small Businesses Brace for Holiday Shopping

 

United States — Small businesses across the country prepared for Small Business Saturday, as local shops promoted sales, seeking holiday customers. Communities from Southaven, Miss., to Las Vegas and Dayton staged local promotions and offered deals to attract shoppers on Saturday, Nov. 29. Retail groups and local officials cited the...