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Business News

Location American Business News for 2 December 2025
Bitcoin still has one thing going for it that investors are missing Governments increasingly are using cryptocurrency to gain geopolitical power and independence from the dollar.
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Two lower courts have already ruled against President Trump's use of emergency powers to impose tariffs.
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Bank of America resets Broadcom stock price target Heres what could happen to Broadcom shares next.
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Why one of the years hottest AI stocks is adding to its massive gains Credo is putting up big growth numbers and diversifying its business, both in terms of its customers and its products.
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This top-performing emerging-markets fund manager says his asset class can be an AI play too Emerging markets have performed strongly this year, in part on dollar weakness also owing to better economic policies, argues this fund manager.
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If youre this type of investor, get out of the stock market - now The economy and the stock market are at a breaking point. Heres what to do, depending on your age.
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What Michael Dells Blockbuster Donation Means for Philanthropy Michael Dell and his wife, Susan Dell, plan to give away billions of dollars to fund investment accounts for children in the United States.
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Goodbye, bull market: This spot-on indicator is saying what you dont want to hear Market timers have reached a point of extreme exuberance. Thats bearish for stocks and gold.
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Michael Burry on why he stopped managing his hedge fund: I think the stock market could be in for a number of bad years. In the Against the Rules podcast that was released, Michael Burry explained why he deregistered his hedge fund last month.
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Shopify experienced instability for hours on one of the busiest shopping days of the year. Last year, it handled $11.5 billion between Black Friday and Cyber Monday. Last year, between Black Friday and Cyber Monday, the platform handled $11.5 billion in sales, according to a Shopify press release.
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Apples A.I. Chief, John Giannandrea, Is Retiring

The New York Times - 2 Dec 2025 02:15
Apples A.I. Chief, John Giannandrea, Is Retiring John Giannandrea, hired from Google, is leaving after the release of a new Siri was postponed. Apple has fallen behind rivals in efforts to develop A.I. products.
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Costco sues over Trump's tariffs in bid to secure refund

Business Insider - 2 Dec 2025 00:47
Costco sues over Trump's tariffs in bid to secure refund In a complaint submitted Friday, the retailer said it is seeking a "full refund" of duties it paid after Trump levied tariffs.
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Asian Pop Music Awards 2025: Jennie, G-Dragon, Lay Zhang, Jackson Wang Lead Nominees The BLACKPINK members are 2025 APMA nominees alongside Jackson Wang, Jolin, Kenshi Yonezu, David Tao, JJ Lin, aespa, KUN Cai Xukun and more at the Asian Pop Music Awards.
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Coinbase Launches Instant Unstaking as Demand for Yield Rises Coinbases new instant-unstaking option promises faster access to locked crypto rewards, giving U.S. users fresh flexibility and liquidity while demand for yield-driven staking continues to intensify across major tokens. ...
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Tennessee Special Election: Republican Matt Van Epps Fends Off Upset And Defeats Democrat Aftyn Behn Van Epps' 9 point victory margin was significantly narrower than the 21 point margin by which the GOP won the House seat in last year's election in the deep-red district.
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Fallout TV Series Gets New Action Figures Ahead Of Season 2 Fallout stars Walton Goggins, Ella Purnell, Aaron Moten and Kyle MacLachlan are getting action figures of their characters from the blockbuster Prime Video series
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Ex-Netflix executive details how a 'visionary' project slowly unraveled into an alleged $11 million fraud Former Netflix exec Peter Friedlander described how director Carl Rinsch's ambitious sci-fi project turned into a Hollywood debacle and alleged fraud.
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Stanley Druckenmiller buys shares in under-radar AI power company This power-as-a-service company's stock has reaped major gains over the year.
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Major US Postal Service trucking company shuts down business The U.S. Postal Service trucking contractor is shutting down its business and laying off 2,000 workers.
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Winning medtech companies arent building hardware anymore These five pillars help build ecosystems instead It was once common practice for medtech companies to fill shelves with devices, each designed to solve a single problem. That approach made sense when innovation was measu...
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US President Donald Trump claimed that because of the high tariff revenues, there may not be a need to pay federal income tax.
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Marvell, Builder of AI Accelerators for Amazon and Microsoft, Surprises Algos with Earnings Commentary; Promises of AI Growth The producer of custom AI accelerators fell after its earnings. Then, its management started talking about growth.
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