Business News

AM Business Notebook 

Categories: Business

For: November 6, 2026 

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks plummeted yesterday, closing well in the red.  Stocks fell off a cliff, erasing the sharp gains seen Wednesday on the heels of Democrat victories in the midterm elections.  Chip stocks like Broadcom, Nvidia and Qualcomm all took a hit.  Software stock Oracle also moved lower.  At the closing bell, the Dow Jones Industrial Average dropped 1,833 points to 51-523.  The S&P 500 lost 334 points to 73-53.  The Nasdaq fell 1,421 points to 24-314.

 

>>Jobs Report Out Today 

(Undated)  --  The Labor Department's October jobs report is due out this morning.  Most analysts are expecting at least 59-thousand new jobs were added last month, compared to the 29-thousand seen the month prior.

 

>>Texas Is Number One For Incoming Data Centers

(Undated)  --  Texas is number one in the country for new data centers in the works.  Land and energy research company LandGate reported Wednesday that the Lone Star state has 454 projects currently in the pipeline.  Coming in second is Virginia with 443 pending projects.  

 

>>LIV Golf Shutting Down After Five Years

(Newark, NJ)  --  LIV Golf is shutting down operations after five years.  League attorney Matthew Williams confirmed Thursday during a New Jersey bankruptcy hearing that the liquidation process will begin Monday.  The announcement follows reports that BC Partners withdrew a 300-million-dollar investment offer after LIV failed to secure enough player commitments for 2027.  The Saudi-backed golf league spent more than five-billion-dollars during its existence.  LIV's remaining assets will be sold, with another bankruptcy hearing set for November 24th.

 

>>WNBA Star Caitlin Clark Signs Historic Retail Partnership

(Indianapolis, IN)  --  WNBA superstar Caitlin Clark is making history with a new endorsement deal.  The Indiana Fever guard has become the first individual athlete to sign a brand partnership with either DICK's Sporting Goods or Foot Locker.  The multi-year agreement will feature Clark in promotions supporting her signature footwear, apparel, and product lines.  She will also participate in promotional activities and community events with both retailers.  The partnership follows the October 1st launch of Clark's first Nike signature shoe, which sold out within hours.

 

>>Costs Driving Pet Insurance Surge

(Undated) -- The rising cost of veterinary care is pushing more Americans to buy pet insurance. The North American Pet Health Insurance Association found seven-million pets were covered by insurance policies in 2025.  That's up nine-percent from the previous year, and 76-percent from five years ago.  Prices jumped after advances in animal medicine gave owners access to treatments that were uncommon or unavailable a decade ago.  Pet insurance is becoming the fastest-growing property and casualty insurance business line, with premiums projected to rise 17-percent in 2026.

 

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