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Nippon Steel Makes Anti-Import Vow To Save US Steel Deal Amid New Tariffs

The Japanese steelmaker aims to complete the takeover of United States Steel Corp before President-elect Donald Trump, who had vowed to block the acquisition during his campaign, assumes office in January.

Nearly 80 Million Americans Expected To Travel This Thanksgiving, Setting New Record

International flight bookings have risen 23% compared to last Thanksgiving, and the average cost of tickets has dropped by 5%.

Top Execs At Trump Media Sell Over $16 Million In Company Stock After Election

CFO Phillip Juhan sold the majority of the company's stocks, while director Eric Swider and general counsel Scott Glabe each sold smaller amounts of the shares. Trump stated that he has no intention of selling his shares in Trump Media and called for an investigation into anyone making claims to the contrary.

Endeavor Announces Deal To Sell OpenBet, IMG Arena For $450M To OB Global

The company called the transaction a crucial step toward the completion of the proposed Endeavor take-private by Silver Lake. It is subject to standard closing conditions, including the necessary approvals from relevant gaming regulatory authorities, and is expected to close just prior to the finalization of the take-private deal.

Trump's Tariffs Could Hurt Long-Term Inflation, Warns Fed's Kashkari

Federal Reserve President Neel Kashkari cautioned that if the tariffs trigger a tit-for-tat response, it could create significant challenges and uncertainty.

Meta Extends Ban On New Political Ads Beyond US Election Day

The move highlights tech companies' efforts to combat the widespread spread of misinformation, as experienced during the last presidential election. However, Meta did not disclose the specific date on which it will lift the restriction.

JPMorgan Chase To Pay $151 Million To Settle SEC's Five Enforcement Cases

The U.S. Securities and Exchange Commission has charged J.P. Morgan Securities and J.P. Morgan Investment with misleading brokerage customers with inaccurate disclosures, breaching its fiduciary duty, engaging in prohibited joint transactions and principal trades, and failing to make recommendations that serve the best interests of its customers.

JPMorgan Sues Customers For Stealing Money By Exploiting ATM Glitch

Chase has initiated four lawsuits, on Monday, in three federal courts in Houston, Los Angeles and Miami, alleging that two individuals and two businesses unlawfully kept over $661,000 after depositing checks that were later identified as counterfeit.

Quarter Pounder To Return To McDonald's Menu After Tests Clear Beef Patties As E.coli Source

Citing tests conducted by the Colorado Agriculture Department, McDonald's spokesperson ruled out beef patties as the source of the E. coli outbreak linked to Quarter Pounder hamburgers, which had resulted in one death and caused more than 70 illnesses, as of Friday.

E. coli Outbreak: Fast-Food Chains Pull Onions After McDonald's Identifies Taylor Farms As Supplier

On Thursday, Burger King's parent company, Restaurant Brands International, along with Yum Brands, the owner of KFC, Pizza Hut, and Taco Bell, announced the removal of fresh onions from their menu items due to a deadly E. coli outbreak.

McDonald's US Chief Reassures Food Safety After E. coli Outbreak

Director of food safety at the Association of Public Health Laboratories, Shari Shea warned that E. coli O157:H7 strain can cause "very serious disease," particularly affecting the elderly, children, and individuals who are immunocompromised.

Meta Resumes Facial Recognition Tech To Combat Celeb-bait Scams

The company will enroll around 50,000 public figures to launch a global trial in December, excluding major jurisdictions where it lacks regulatory clearance, such as Britain, European Union, South Korea, and Texas and Illinois in the United States.

US Treasury Taps Machine Learning AI To Recover $4 Billion In Fraud

The Treasury Department's recovery this fiscal year, a significant jump from the $652.7 million recovered in FY23, is driven by the Office of Payment Integrity (OPI) within the Bureau of the Fiscal Service strengthening its fraud prevention efforts.

Hyundai's $7.6B Georgia Plant Starts Electric SUV Production Amid Safety Concerns

Hyundai's Georgia plant produces electric SUVs, meeting tax credit requirements, despite safety issues and worker injuries.

National Debt May Rise Under Harris, But Could Surge Under Trump: Study

Multiple analysis indicates Harris as being more fiscally responsible than Trump, though neither candidate has spoken about budget deficit reduction.

Texas Sues TikTok Over Illegal Sharing Of Minors' Personal Data

The lawsuit, filed in Galveston County, is seeking civil penalties of up to $10,000 for each violation and injunction against further breach

Mark Zuckerberg Becomes World's Second Richest Person, Closing In On Elon Musk

As Meta's shares closed at a record $582.77 on Thursday, which is a 68% rise from early January when its shares were trading at $346.29, Zuckerberg topped Bezos' $205.1 billion net worth.

Artificial Intelligence is increasingly being used by law enforcement

California Governor Vetoes Controversial AI Safety Bill, Calls For Science-Based Solutions

The bill's author, Democratic State Senator Scott Wiener, criticized the veto, saying that it could make California vulnerable as the companies involved in creating "extremely powerful technology face no binding restrictions."

Trump Promotes 'Swiss Made' Luxury Watches Branded With His Name

Branded watches are the latest among the branded products Trump has introduced since the start of his third campaign after selling bibles, sneakers, photo books and cryptocurrency.

Harris Proposes 'America Forward' Plan, Offers Tax Credits To Boost Domestic Manufacturing

Positioning herself as a "capitalist" who believes in "free and fair markets," Harris said her policies are pragmatic rather than ideologically driven.

US Steel CEO Says Sale To Nippon Must For Company To Succeed, Save Jobs

Dismissing national security concerns, David Burritt said once the deal is finalized, the Japanese company will have to abide by U.S. trade laws. He added that the board will predominantly consist of U.S. citizens overseeing operations.

California Files Lawsuit Against ExxonMobil For Misleading Public On Plastic Recycling

The lawsuit comes two years after the California attorney general launched an investigation into the fossil fuel and petrochemical industries, examining their involvement in the ongoing global crisis of plastic waste and pollution.

Macy's Announces Plans To Hire 31,500 Seasonal Workers For Holiday Rush

The seasonal hirings to prepare for the holiday season rush will take place at Macy's, Bloomingdale's and Bluemercury stores, as well as its distribution centers. The company has also planned four nationwide in-person holiday hiring events at all stores and supply chain locations.