Business
S&P heads for worst week in three months as stocks face ‘reality check’
Hawkish Fed meeting and looming US shutdown have punctured equities’ post-election rally
Nuna is recalling over 600,000 child car seats because the harness may loosen on its own
Debris can get into the front harness adjuster, making it loose and increasing the risk of injury in a crash. ...
CoinDesk ownership Bullish fires top editorial staff amid newsroom controversy
CoinDesk CEO Sara Stratoberdha told editorial staff on Friday that the company that editor-in-chief Kevin Reynolds and two deputies were ...
El Salvador plans to sell or shutter the ‘Chivo’ crypto wallet created by its bitcoin fan President Nayib Bukele
The announcement came after the Central American nation’s government reached a $1.4 billion loan deal with the International Monetary Fund ...
How the top HR executive at UPS hires holiday workers in less than 10 minutes
To hire 125,000 workers before the holiday season, UPS added new technology to its recruitment systems. Read More
Women carry 71% of a household’s ‘mental load’ and it can limit their participation in the workforce, new research finds
Making holiday magic adds to an overwhelming mental load that already falls on women. Read More
The last days of Assad
The FT pieces together the final movements of Syria’s former president and first family
Accenture boss Julie Sweet met 30 global CEOs in the last 2 months, and nearly all of them are scrambling to roll out more AI
Sweet said she’s had a “busy travel quarter” as Accenture posted $17.7 billion in revenue. Read More
MassMutual CFO Betsy Ward on her 30-year career at the firm—and what it takes to reach the C-suite
Ward is retiring at the end of this year. Read More
Finland’s Oura went from a tiny Kickstarter campaign to a $5.2-billion start-up with Cristiano Ronaldo and Prince Harry among its fans
Oura just capped off a funding round that’ll help the Finnish company look “beyond rings,” its CEO Tom Hale said. ...
At Gap, seasonal employees are becoming a thing of the past
Gap is turning its seasonal workers into full-time employees. Read More
Trump and Musk’s first big Christmas gift will be delivered at 12:01 a.m.—a government shutdown if Congress can’t reach a deal
“Put ‘America first,’ and go for the victory, even if it means shutting the government down for a period of ...
Biden rolls out final round of student debt forgiveness with loan cancelation for 55,000 workers
The Education Department’s announcement targets workers who’ve reached eligibility through a program that promises to erase loans after 10 years ...
Starbucks workers set to start 5-day strikes that could spread to hundreds of U.S. stores by Christmas Eve
Starbucks Workers United, the union that has organized workers at 535 company-owned U.S. stores, said Starbucks has failed to honor a commitment ...
A fiscal fight is brewing in the court of Donald Trump
America’s debt pile and the case for tax cuts will be flashpoints inside the new administration
Have an Amex Platinum? Do these 4 things now or risk losing $649
Four big Amex Platinum credits worth approximately $649 in total expire at the end of the year. Here’s what you ...
Malaysia’s auto industry releases its first-ever EV—but locals wonder if it’s really homegrown
Proton’s e.MAS 7, unveiled on Monday, was developed concurrently with Geely’s Galaxy E5. Read More
Forget turkey, supermarkets in Portugal overflow with salted cod as holiday season approaches
Portugal consumed nearly 55,000 tonnes of salt cod last year. Roughly one-third of cod sales happen around Christmas. Read More
Train conductor’s ‘bonjour’ causes a political ‘war of words’ in language-divided Belgium
Under Belgium’s complex language rules conductors should in theory use both languages only in Brussels and a few other bilingual ...
After the Fed, shutdown deadline is 12.01 a.m. tonight
CEOs shrug off Fed signal at Yale CEO Summit. Read More
Google’s targeted advert plans trigger concerns in the U.K. as watchdog condemns them as ‘irresponsible’
“Like all advertising technology, it must be lawfully and transparently deployed –- and if it is not, the ICO will ...
Musk has become a political force even bigger than his wealth by tanking budget deal: ‘Welcome to the Elon Musk presidency’
Social media warnings from the world’s wealthiest man preceded Trump’s condemnation of a measure negotiated by GOP House Speaker Mike ...
MacKenzie Scott donated $2 billion to nearly 200 organizations this year—and many of her gifts were a total surprise
Scott has donated more than $19 billion total during the past five years. Read More
Americans are on track to set another record for holiday travel, topping the bar set in 2019
A government shutdown that could start as soon as Saturday would likely be too close to the holidays to immediately affect ...
Novo Nordisk shares tumble as weight-loss drug trial data disappoints
Obesity drug CagriSema misses goal of 25% body weight reduction
Australian premium ready-meals business set to hire 925 workers for new factory in booming Kentucky
Kitchen Food Co. will locate a prepared foods facility in Hopkinsville and create 925 jobs as part of its $69 ...
Luigi Mangione faces federal charge that’s eligible for death penalty in UnitedHealthcare CEO killing
The man accused of killing UnitedHealthcare’s CEO was whisked back to New York by plane and helicopter Thursday to face new federal ...
Premier of oil-rich Alberta says Americans will pay a lot more for gas if Donald Trump imposes 25% tariffs on Canada
Danielle Smith said that American refineries won’t have much choice but to increase the price of gas. Read More
ICE has deported 270,000 people in the last 12 months, the highest number since 2014
Over the 12-month period ended Sept. 30, Mexico was the most common destination for deportees (87,298), followed by Guatemala (66,435) ...
What to know about the debt ceiling debate that is pushing Washington to the brink of a government shutdown
President-elect Trump has demanded that a provision raising or suspending the debt limit—something that his own party routinely resists—be included ...
