World Business News
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Michigan School District Increasingly Under Scrutiny For Actions Before Shooting
Michigan Attorney General Dana Nessel said her office hopes “the school district cares as much about the safety of their students as they do shielding [more]
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Intel Plans Potential $50 Billion IPO For Its Israeli Self-Driving Car Unit, Shares Rise
Intel shares have largely struggled this year but rose more than 4% on Tuesday. Read More
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Early Reports From U.K., Norway, South Africa Suggest Omicron Variant Is More Transmissible But Causes Milder Covid-19
Experts warn it is too early to draw firm conclusions on the matter. Read More
Why is China’s middle class starting to look like the US’ not a good thing?
Housing is increasingly unaffordable for China’s middle class, and household debt levels are rising, while the middle class faces the real possibility of not being [more]
These five markets are poised to see home prices fall in 2022
Five states outpaced the national average in October, says CoreLogic, with price increases of up to 29%, but some major cities appear to be on [more]
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American Airlines CEO Parker Stepping Down After 20 Years
He will be succeeded by president Robert Isom in March. Read More
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Mark Meadows Flip-Flops (Again)—Will No Longer Cooperate With Jan. 6 Committee
The committee's already floated contempt charges against the former Trump White House chief of staff. Read More
Price Control Scheme: Ministry to step up enforcement till Dec 31
The Keluarga Malaysia Maximum Price Control Scheme (SHMKM) will take effect on Tuesday till Dec 31 throughout the country as part of the government’s efforts [more]
Elon Musk slams Biden’s plan to spend government money on electric vehicles
"Honestly, I would just can this whole bill," Musk said Monday. Read More
Witness admits to contradictions in statements about RM3.5 mil commission sought by Bung Moktar
The main witness in the corruption trial involving Sabah Deputy Chief Minister Datuk Seri Bung Moktar Radin admitted in Sessions Court here on Tuesday that [more]
Labor productivity rate falls at the fastest pace since 1960
Labor productivity fell at the fastest rate in more than 60 years in the third quarter, according to a Labor Department report Tuesday. Read More
Boeing’s stock extends bounce after receiving additional order for 30 737 MAX jets from 777 Partners
Shares of Boeing Co. rose 1.4% in morning trading Tuesday, after the aerospace and defense giant said investment firm 777 Partners has ordered 30 additional [more]
EMERGING MARKETS-Brazil’s real, Chile’s peso lead Latam higher on commodity gains
* Chile's copper exports jump more than 35% in November * Brazil's central bank seen hiking rates on Wednesday * Higher oil prices support Colombia's [more]
CANADA STOCKS-Toronto index hits 1-week high as easing Omicron concerns lift energy stocks
Canada's main stock index hit a one-week high on Tuesday, underpinned by gains in energy shares, as concerns around the Omicron coronavirus variant eased. At [more]
Dow surges over 400 points as a rebound from omicron fears extend on Wall Street
U.S. stock benchmarks on Tuesday gain sharply for another session, as investors focus on early reports that the omicron variant of coronavirus is less severe [more]
Mimecast Goes Private in $5.8 Billion Deal. The Stock Rises.
Shares of Mimecast were jumping Tuesday after the cybersecurity company announced it was being acquired by private-equity firm Permira for $80 a share in cash [more]
Marketing Industry Launches New CMO Sustainability Accelerator Collaborative
ANA, Sustainable Brands, and Adweek Form Partnership to Inspire and Accelerate Sustainable Innovation Read More
Field to Market Releases Fourth National Indicators Report Underscoring Need for Greater Collective Action in Accelerating Sustainable Commodity Crop Production
With progress plateauing, findings highlight urgent need for renewed focus from value chain on understanding and creating enabling conditions to support widespread transition to sustainable [more]
TOL Stock Rises Ahead Of Q4 Earnings Report Amid Omicron Concerns
Toll Brothers is expected to report rising earnings and sales when it announces Q4 results late Tuesday. TOL stock rose early. Read More
Bumble stock rockets after company lands a new ‘BFF’
Shares of Bumble Inc. have declined 28% over the past month, but one analyst thinks that investors are misunderstanding the company's story. Read More
US STOCKS-Big Tech, chipmakers power Nasdaq as Omicron worries subside
The Nasdaq rallied more than 2% on Tuesday as technology firms bounced back on easing concerns around the Omicron variant, while Intel jumped after plans [more]
AGC, Legal Affairs Division to study limiting term of PM — Wan Junaidi
The Legal Affairs Division (BHEUU) and the Attorney-General’s Chambers (AGC) are studying limiting the term of the Prime Minister to 10 years. Minister in the [more]