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Business News

Location American Business News for 11 December 2025
New Eli Lilly Drug Retatrutide Brought Major Weight Loss in Trial The maker of Zepbound reported results from a study of retatrutide, which targets three hormones in the body and led to much more weight loss than any approved drug.
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U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down The White House has shut down proposals, and lawmakers are circulating the Democrats' asks in what had been a close negotiation, revealing 11th-hour pressure.
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Cracker Barrel takes McDonald's strategy to win back lost customers Cracker Barrel is adopting a key McDonald's strategy to win back lost customers after major backlash.
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Winklevoss twins thank Trump for his help in wake of Gemini Space Stations disastrous IPO Investors in Gemini Space Station shares finally had something to really cheer about.
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Why Oracle Is Worrying Investors About the A.I. Boom

The New York Times - 11 Dec 2025 13:37
Why Oracle Is Worrying Investors About the A.I. Boom Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off.
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It comes after ministers struck a deal between businesses and unions aimed at allowing the bill to progress.
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The Fed's entering its unknown era, and that's bad news for investors The Federal Reserve did what everyone thought it would do -but expect a lot less certainty going forward.
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Debanking Practices Exposed: Major US Banks Cited for Bias Concerns Federal regulators revealed early evidence that major U.S. banks used internal policies to restrict lawful customers, exposing widespread debanking practices that may have shaped access to capital and economic activity n...
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Asia Morning Briefing: Fed Cut Brings Little Volatility as Bitcoin Waits for Japan CryptoQuant data shows seller exhaustion as whales pull back from exchanges, while traders prepare for a closely watched BOJ meeting that could influence global liquidity.
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The special visas will be awarded to those who can show they can make a "substantial benefit" to the US.
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L.A. County sues oil companies over unplugged oil wells in Inglewood The lawsuit filed Wednesday in Los Angeles Superior Court charges four oil companies with failing to properly clean up at least 227 idle or exhausted wells in the oil field near Baldwin Hills.
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Dollar Tree delivers more bad news on prices

The Street - 11 Dec 2025 23:37
Dollar Tree delivers more bad news on prices The company may be straying even further from its dollar price point.
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Stablecoins Power Australias Financial Infrastructure, Zodia Study Finds A new Zodia Custody study highlights that stablecoins are functioning as the quiet plumbing behind key financial operations in Australia, with adoption driven by practical utility rather than speculation. Key Use Cases a...
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FSOC tilts scales in oversight toward deregulation

American Banker - 11 Dec 2025 23:14
FSOC tilts scales in oversight toward deregulation Treasury Secretary Bessent said FSOC is readjusting its approach to avoid stifling growth in moves with implications for capital, technology and mortgages.
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Calvin McDonald, Lululemon CEO, Will Depart Yoga Clothing Maker in January The maker of yoga clothing is looking for a new leader after public pressure from the companys founder.
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Indiana Guv Vows to Help Trump Challenge His Own States GOPers Who Rejected Gerrymander Just moments after 21 Republican members of Indianas state Senate voted with Democrats to reject President Trumps aggressive attempt to
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166-year-old retailer makes quiet comeback amid store closures The iconic department store chain is seeing a resurgence.
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Bank of America makes a surprise call on 39-year-old software stock Heres what could happen to this software company's shares next.
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The Best TV Shows in a Bad Year

The New Yorker - 11 Dec 2025 23:00
From the daily newsletter: even in a less-than-stellar year, some shows still stand out.
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OpenAI strikes back in the chatbot race against Google with new ChatGPT model The new version of ChatGPT, called GPT-5.2, shows OpenAI is back on top of the benchmarks, analyst says.
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Why Michigans Sherrone Moore probably wont get paid the millions left on his contract - unlike other recently fired college football coaches Moore is the latest example of college football coaches getting fired with millions of dollars owed to them. Heres why his situation may be different.
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US Court Hands Down 15-Year Sentence to Terraform Labs Do Kwon Do Kwon, co-founder of Terraform Labs, has been sentenced to 15 years in a U.S. federal prison for his role in the 2022 collapse of terrausd (UST) and luna (LUNA now LUNC), with the possibility of serving the second half...
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