Business News

AM Business Notebook 

Categories: Business

For: November 3, 2026 

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning on Wall Street as Americans head to the polls for midterm elections.  Stocks closed mixed yesterday after a surge in early trading turned lower as the technology sector came under pressure.  At the closing bell, the Dow Jones Industrial Average gained 213 points to 51-983.  The S&P 500 lost 38 points to 75-41.   The Nasdaq fell 272 points to 25-164.

 

>>Several Big Reports On Employment This Week, Ahead Of Government's Numbers 

(Undated)  --  We'll get a few key reads ahead of the Labor Department's October Jobs Report, starting with the JOLTS, or Job Openings and Labor Turnover survey today.  It's a deeper dive into how employers are handling vacancies, if they're hiring and what they're doing to keep employees.  Then on Wednesday, it's ADP's hiring survey.  The report by the payroll processor only measures hiring at private employers, but economists say it's a good indication of what to expect from the government's report.  And on Thursday, it's the weekly jobless claims report.  Analysts consider the claims to be a proxy for layoffs. 

 

>>OpenAI Hires Former Army Secretary Dan Driscoll

(San Francisco, CA)  --  Former U.S. Army Secretary Dan Driscoll is now working for OpenAI.  His title is senior counselor for national security modernization, a new role that'll focus on advising on the use of advanced AI can to strengthen national and cyber security.  He'll be working with U.S. allies and leaders from across several sectors.  Driscoll resigned from the Trump administration after tensions with Secretary Pete Hegseth.

 

>>Snap Settles Lawsuit

(Undated)  --  Snap, the parent company of Snapchat, has settled claims alleging the platform was intentionally designed to be addictive for young users. Snap and Meta, which also settled, can now avoid another high-profile lawsuit, which would have required the companies' CEOs to testify in person. The settlement ends the bellwether trial, which had been consolidated to two plaintiffs, just days before opening arguments were set to begin. The terms of Snap's settlement are confidential, but all parties were "pleased to have been able to resolve this in an amicable matter."

 

>>Amazon $25 Turkey Meal Deal Starts

(Undated)  --  Amazon is making Thanksgiving dinner more affordable with a 25-dollar meal deal launching today.  The offer includes an eight-pound Butterball turkey, potatoes, stuffing, cranberry sauce, vegetables, rolls and ingredients for pumpkin pie.  The deal runs through November 26th, while supplies last, in more than two-thousand-300 U.S. cities and towns with Amazon same-day grocery delivery.  Shoppers can also find frozen turkeys for 79 cents a pound and fresh turkeys for 99 cents a pound later this month.  Amazon is also offering discounts on holiday sides, party snacks and other Thanksgiving essentials.


 

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