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Tariff Relief Lifts S&P Futures as Trump Sworn In: Markets Wrap

(Bloomberg) -- Wall Street breathed a collective sigh a relief after Donald Trump held off from imposing China-specific tariffs on...

Perplexity said to submit bid to merge with TikTok’s US unit

(Bloomberg) — Perplexity AI submitted a bid to TikTok parent ByteDance Ltd., to merge with its US operations and create...

Microsoft, Google, Adobe Give $1 Million Each to Trump Inaugural Fund

(Bloomberg) -- Microsoft Corp., Alphabet Inc.’s Google, and Adobe Inc. are each donating $1 million to Donald Trump’s inauguration fund,...

Ex-Google CEO Schmidt Said to Be Relativity Space Investor

(Bloomberg) -- Eric Schmidt, the former chief executive officer of Google, has made a significant investment in 3D-printed rocket maker...

Infrastructure Reform Key to Lift South Africa Growth, BER Says

(Bloomberg) -- South Africa must invest 200 billion rand ($11 billion) to revive its frayed railways, half that amount again...

Tesla Stock Surge Runs Up Against a Potential Annual Sales Drop

(Bloomberg) -- For all the exuberance about Tesla Inc. benefiting from Donald Trump’s return to the White House, Wall Street...

Big Lots strikes deal to save stores, stop brand from closing

(Bloomberg) — Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of...

South Korea’s Business Confidence Tumbles by Most Since Pandemic

(Bloomberg) -- South Korea’s business confidence deteriorated the most since the global outbreak of Covid-19, reflecting mounting concerns about an...

Stocks Buoyed as ‘Santa Claus Rally’ Period Begins: Markets Wrap

(Bloomberg) -- A rally in the group that has led Wall Street’s gains in 2024 lifted stocks in a relatively...

Doc visits for weight loss drugs, Walmart body cams, and 2025 predictions: Business news roundup

This year has been nothing short of monumental for the cryptocurrency industry. Bitcoin began the year...

Big Lots Sale to Nexus Falls Apart, Plans to Close Business

(Bloomberg) -- Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm...

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