Business News Archives for 2025-12

AM Business Notebook

For: December 31, 2025

>>Watching Wall Street

(New York, NY) -- The opening bell rings this morning after stocks slipped in Monday trading ahead of the New Year's holiday. Minutes released yesterday from the Federal Reserve's final meeting of 2025 showed division among policymakers over their latest decision to cut interest rates. Many investors expect the central bank will hold rates steady at the next meeting in January. At the closing bell, the Dow Jones Industrial Average lost fell 95 points to 48-367. The S&P 500 lost nine points to 68-96 The Nasdaq dropped 55 points to 23-419.

 

>>Stock Market To Be Closed On New Year's Day

(New York, NY) -- There will be no trading on Wall Street New Year's Day. Both the New York Stock Exchange and the Nasdaq will be closed on January 1st. Bond markets will close early today and will remain closed on Thursday. Initial jobless claims will be released this morning, but no economic data will be released on New Year's. There will be no regular mail delivery or shipping on New Year's Day, but Priority Mail and critical packages will still be delivered. Banks and government offices will also be closed for the holiday. Most stores will be open, but some will close early for New Year's Eve.

 

>>Bitcoin ATM Scams Rose In 2025

(Undated) -- Americans were scammed out of more than 330 million dollars this year through schemes using bitcoin ATM machines. According to a FBI spokesperson, new statistics documenting fraudulent transactions using cryptocurrency kiosks reflect a "clear and constant rise" that is "not slowing down." There are more than 45-thousand bitcoin ATMs nationwide that allow users to insert cash and send it to a digital wallet anywhere in the world, but experts say the money can be nearly impossible to recover. AARP has advocated for more stringent regulations to protect Americans from scams on bitcoin ATMs as it has become an attractive method for prospective fraudsters.

 

>>Boeing Awarded Contract To Build Jets For Israel

(Washington, DC) -- Boeing is being awarded an eight-point-six-billion-dollar contract to build fighter jets for Israel. Under the agreement, Boeing will produce 25 new F-15s for Israel, along with an option for an additional 25 aircraft. The work will be done at Boeing's St. Louis location and is expected to be finished in 2035.

 

>>Disney $10 Million FTC Allegations Settlement

(Burbank, CA) -- Disney is agreeing to pay ten million dollars to settle FTC allegations that it violated children's privacy laws. According to the Department of Justice, the settlement will officially resolve allegations that Disney violated the Children's Online Privacy Protection Act in connection with its popular YouTube video content. COPPA prohibits website operators from knowingly collecting, using, or disclosing personal information from children under the age of 13, unless they provide notice to and obtain consent from those children's parents.

 

>>DC Judge Orders Funding Of CFPB

(Washington, DC) -- A federal judge is ordering the Trump administration to continue funding the Consumer Financial Protection Bureau. The administration had argued that because the agency gets its funding from the Federal Reserve, which is technically operating at a loss, there's no way to fund it. On Tuesday, district court judge Amy Berman Jackson rejected the argument and upheld an earlier injunction ensuring the consumer bureau would continue to exist as congressionally mandated. Last week, a coalition of 21 states sued the administration to keep the agency from being defunded. 

AM Business Notebook

For: December 30, 2025

>>Ahead Of The Bell

(New York, NY) -- The opening bell rings this morning after stocks closed lower Monday to kick off the final trading week of the year. Technology shares retreated from recent gains as investors took profits following a banner year for the market. Nvidia shares fell more than one percent with Meta Platforms, Oracle and AMD also weighing on sentiment. At the closing bell, the Dow Jones Industrial Average lost 249 points to 48-461. The S&P 500 fell 24 points to 69-05. The Nasdaq dropped 118 points to 23-474.

 

>>Report: DOJ Using Fraud Law To Target DEI

(Washington, DC) -- The Trump administration is reportedly investigating major U.S. companies for fraud due to diversity initiatives. The Wall Street Journal reports Google and Verizon are among a list of companies that have received Justice Department demands for documents and information about their workplace programs. The probes are being conducted under the False Claims Act using the theory that companies with federal contracts that are still considering diversity while hiring are committing fraud. Companies in the automotive, pharmaceutical, defense, and utilities industries are reportedly under scrutiny.

 

>>Pending Home Sales Increase 3.3% In November

(Washington, DC) -- Pending home sales surged in November. According to the National Association of Realtors, the number of homes under contract rose three-point-three-percent thanks to lower mortgage rates. Pending home sales increased two-point-six percent on a yearly basis. The group's chief economist says the data shows "homebuyer momentum is building." Improving affordability and more inventory helped drive the housing market's best performance in nearly three years.

 

>>Gas Prices Remain Under $3

(Undated) -- Heading into the New Year, gas prices remain under three dollars a gallon on average. Triple A says the current national average per gallon is two-dollars and 83-cents. Drivers in Hawaii are paying the most at four-42. It's cheapest in Oklahoma at two-24.

 

>>CES 2026

(Las Vegas, NV) -- CES 2026 kicks off January 6th in Las Vegas. The biggest tech conference and showcase of the year promises to bring a look at what the future may hold with new products and trends taking center stage. Presentations are on tap from companies like Samsung, NVIDIA, LG, Lenovo and more. The show runs through January 9th. 

AM Business Notebook 

For: December 29, 2025

>>Ahead Of The Bell   

(New York, NY)  --  Another holiday-shortened trading week is here.  The opening bell rings this morning after stocks closed slightly lower on Friday with investors holding out hope for a Santa Claus rally during the last days of this year and the first two days of the new year.  At the closing bell, the Dow Jones Industrial Average lost 20 points to 48-710.  The S&P 500 went down two points to 69-29.  The Nasdaq dropped 20 points to 23-593.  The stock market will be closed this Thursday in observance of New Year's Day with trading resuming as normal on Friday.

 

>>Return Season Underway   (Undated)  --  With Christmas now in the rearview mirror, it's time to let the season of returns begin.  The National Retail Federation estimates nearly 15-percent of all purchased holiday items will be returned this year.  And that's costing consumers.  Seventy-two percent of retailers will be hitting folks with charges for returns - up from 66-percent last year.

 

>>Bank Of America CEO Brian Moynihan Speaks On Fed

(Washington, DC)  --  Bank of America CEO Brian Moynihan says the market will punish people if the Federal Reserve dosen't remain independent.  Moynihan made the comment during an apperance on CBS' "Face the Nation."  His comments come as President Trump is weighing who will take over the role of Fed chair when Jerome Powell's term ends in May.  Trump has strongly suggested National Economic Council director Kevin Hassett is his top choice for the job.

 

>>Bernie Sanders Speaks On A.I.

(Washington, DC)  --  Senator Bernie Sanders is warning of the dangers of artificial intelligence as the new year approaches.  During an interview with CNN's "State of the Union," Sanders called for serious considerations on imposing a "moratorium" on data centers.  The Vermont Independent said it's time to "slow the process down."  He said "it's not good enough" to take the word of tech billionaires that everyone will just have to adapt.  Sanders also cautioned about the relationship between the growing technology and kids, saying that the trend of kids getting most of their emotional support from A.I. could have a dangerous impact on humanity. 

 

>>ECHL And Players Reach Deal On New CBA

(Glens Falls, NY)  --  In mid-level professional, minor league hockey news, the ECHL and Professional Hockey Players' Association have reached a tentative deal on a new collective bargaining agreement.   The association ended up going on strike Friday, which led to a number of games being postponed.  Players are now cleared to report to their teams, and the agreement is expected to be ratified without further issues.  

 

AM Business Notebook 

For: December 23, 2025

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher yesterday to start the holiday-shortened trading week.  Nvidia shares and other A-I related stocks advanced to boost the broader market as hopes build for a year-end Santa Claus rally.  The New York Stock Exchange will close early on Wednesday and be closed on Christmas Day.  At the closing bell, the Dow Jones Industrial Average gained 227 points to 48-362.  The S&P 500 rose 44 points to 68-78.  The Nasdaq climbed 121 points to 23-428.

 

>>Paramount Skydance Corp. Amends Bid To Buy Warner Brothers Discovery 

(Burbank, CA)  --  Paramount is not backing down from its efforts to buy Warner Brothers Discovery.  Paramount Skydance Corporation on Monday amended its 30-dollar-per-share all-cash offer to buy the media giant.  The amended offer comes just days after WBD's board of directors unanimously voted to urge shareholders to reject Paramount's bid.  Paramount says its latest offer aims to address the board's concerns.  Larry Ellison, the controlling shareholder of Paramount, is now agreeing to provide an irrevocable personal guarantee of 40-point-four-billion dollars in equity financing for the offer.  Netflix is still the frontrunner to buy Warner Brothers Discovery and its assets for an estimated 82-point-seven billion dollars. 

 

>>Mercedes-Benz Settlement

(Undated)  --  Mercedes-Benz is entering into a nearly 150-million-dollar, multi-state agreement to settle some long-standing allegations.  Mercedes-Benz USA and Daimler AG were sued by attorneys general from 50 states for selling diesel vehicles equipped with software designed to deceive emissions testing equipment.  The company reportedly hid the devices from regulators while marketing the vehicles as environmentally friendly.

 

>>Spotify Hacked

(Stockholm)  --  Spotify says it has been hacked.  A piracy group calling itself Anna's Archive said it has backed up 86 million tracks and the metadata for 256 million tracks, representing more than 99 percent of Spotify listens.  It means that in theory the info could be used to create a free music archive, though it would be subject to legal action from rights holders.  Spotify said Monday it has disabled accounts linked to the pirates and no users have been impacted. 

 

>>Buffett To Step Down From Role

(Omaha, NE)  --  Billionaire investor Warren Buffett is set to step down from his role as CEO of Berkshire Hathaway.  Greg Abel will take over operations of the company on January 1st.  The 95-year-old Buffett, aka the Oracle of Omaha, has served as CEO of Berkshire Hathaway since 1970 when he became the company's majority shareholder.

 

AM Business Notebook 

For: December 22, 2025 

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher to end the week on Friday.  Stocks rose as AI shares advanced, led by Oracle, Nvidia and Micron Technology.  Oracle jumped seven percent after TikTok agreed to sell its U.S. operations to a new joint venture that includes software giant and private equity firm Silver Lake.  At the closing bell, the Dow Jones Industrial Average gained 183 points to 48-134.  The S&P 500 rose 60 points to 68-34.  The Nasdaq climbed 301 points to 23-307.

 

>>Holiday-Shortened Trading Week Begins     (Undated)  --  As the Christmas holiday-shortened trading week kicks off, investors will be looking forward to the release of a government shutdown-delayed GDP report and consumer confidence stats on Tuesday.  Weekly jobless claims will be released on Wednesday while the stock market closes early for Christmas Eve and then goes dark for the holiday the next day.  

 

>>Hassett Assures Oil Prices Won't Rise

(Washington, DC)  --  National Economic Council Director Kevin Hassett says Americans don't need to worry about a spike in oil prices following the seizure of a second oil tanker off the coast of Venezuela.  Hassett made the comment on CBS' "Face the Nation."  Pentagon officials confirmed the U.S. Coast Guard led an operation on Saturday to seize a sanctioned vessel.  The action comes after the U.S. interdicted a large oil tanker off the coast of Venezuela last week.  After that operation, the Trump administration sanctioned six other ships believed to be carrying Venezuelan oil.  

 

>>Consumer Sentiment Edges Up In December

(Ann Arbor, MI)  --  Consumer sentiment edged higher in December.  The University of Michigan's final reading for the month inched up two points from November.  Despite some signs of improvement to close out the year, sentiment remains nearly 30 percent below one year ago.  Survey officials noted pocketbook issues top the list of consumer concerns about the economy.  Buying conditions for durable goods fell for the fifth straight month.  

 

>>Jim Beam To Pause Production At Main Distillery

(Clermont, KY)  --  Jim Beam is pausing operations at its main Kentucky bourbon distillery starting next month.  The Clermont facility will remain closed indefinitely while owner Suntory Global Spirits, formerly Beam Suntory, invests in site upgrades.  Operations will continue at the company's other distilleries.

 

>>Barnes & Noble To Open 60 New Stores

(New York, NY)  --  Barnes and Noble plans to open 60 new brick and mortar store across the U.S. in 2026.  The plan comes after strong sales in existing stores following decades of declining store numbers.  The bookstore is planning new locations in Ohio, Texas, Florida, Illinois, Colorado, Washington state, California, Virginia, Georgia and Washington D.C. between now and June.

 

>>Space Force Awards $1.6B In Contracts To CA Satellite Builders 

(Washington, DC)  --  The U.S. Space Force has announced satellite contract awards with a combined value of over one billion dollars.  Officials said Friday the contracts were awarded to Rocket Lab in Long Beach, California and to the Redondo Beach Space Park Campus of Northrop Grumman.  The contract by the Space Development Agency will fund the construction by each company of 18 satellites for a network in development that will give warning of advanced threats like hypersonic missiles.  Northrop Grumman's contract is valued at 764-million dollars and the company is set to deliver 150 satellites for the network.  The Rocket Lab contract is worth over 800-million dollars.  

 

AM Business Notebook

For: December 17, 2025

>>Ahead Of The Bell

(New York, NY) -- The opening bell rings this morning after stocks closed mostly lower yesterday. It comes as investors finally got a glimpse of the latest jobs report. It showed the unemployment rate ticked up to four-point-six-percent from four-point-four percent in September. Meanwhile, the data showed 105-thousand jobs were lost in October, while 64-thousand jobs were added in November. Elsewhere, energy stocks suffered losses with shares of Exxon Mobil and Chevron both in the red. At the closing bell, the Dow Jones Industrial Average fell 302 points to 48-114. The S&P 500 dropped 16 points to 68-00 . The Nasdaq rose 54 points to 23-111.

 

>>Warner Bros. Discovery To Ask Shareholders To Reject Paramount Bid

(Burbank, CA) -- Warner Brothers Discovery plans to ask shareholders to reject a takeover bid from Paramount Skydance. Multiple reports indicate that could happen as soon as today. Paramount made the 108-billion-dollar bid after Warner Brothers agreed to a 72-billion-dollar deal with Netflix for its film and streaming business. In the meantime, Affinity Partners, a major backer of Paramount's bid, has reportedly pulled out. Affinity was founded by President Trump's son-in-law Jared Kushner. Warner Brothers reportedly has concerns over how a Paramount deal would now be financed.

 

>>Instagram Launches TV App

(Menlo Park, CA) -- Instagram is making the jump from your phone screen to your TV screen. The popular social media app launched Instagram for TV on Tuesday. It lets users watch Reels that organized into personalized channels based on their interests. As of now, it's only available on Amazon Fire TV devices and only in the U.S. It's expected to expand to additional devices and markets next year.

 

>>Americans Planning To Spend Less On Holiday Gifts

(Undated) -- Americans are planning to spend less money on holiday gifts this year. According to an NBC News Decision Desk poll, 55 percent of respondents intend on spending "less" cash for gifts in comparison to last year while 36 percent said they were going to spend "about the same," and nine percent said they are going to spend "more." The poll also found that 41 percent of respondents described their personal financial situation as "about the same" compared to a year ago, 35 percent called it "worse" and 24 percent called it "better."

 

>>Nationwide Recall For Frozen Dairy-Free Dessert

(Denver, CO) -- A popular dairy-free frozen dessert is being recalled. Danone U.S. issued the recall of select pints of its "So Delicious Dairy Free Salted Caramel Cluster" sold at retail stores nationwide because small stones or hard objects may be found "within the cashew inclusions." An FDA notice said the company "is working swiftly" to get impacted products off store shelves and no other So Delicious Dairy Free flavors or products are impacted. Consumers who purchased the affected product are advised not to eat it, and they can call the So Delicious Dairy Free Care Line for information on refunds. 

 

>iHeartMedia, Netflix Announce Video Podcast Partnership

(New York, NY) -- iHeartMedia and Netflix are joining forces for an exclusive video podcast partnership. The streaming giant will become the exclusive video home for more than 15 of the top original iHeartPodcasts. The roster of podcasts that will be available on Netflix includes "The Breakfast Club," "My Favorite Murder," "Dear Chelsea" with Chelsea Handler and "Bobby Bones Presents: The Bobbycast." New video podcast episodes will launch on Netflix in the U.S. early next year. More markets will follow. 

AM Business Notebook 

For: December 16, 2025

>>Watching Wall Street 

(New York, NY)  --  The opening bell rings this morning after stocks closed lower on Monday to start off the week.  Stocks struggled in choppy trading as investors brace for fresh economic data including the delayed November jobs report set for release today.  AI shares continued to weigh on the broader market with Broadcom down more than five percent.  At the closing bell, the Dow Jones lost 41 points to 48-416.  The S&P 500 fell 11 points to 68-16.  The Nasdaq dropped 137 points to 23-057.

 

>>Nasdaq Plans To Extend Trading To 23 Hours A Day

(New York, NY)  --  Nasdaq is planning to expand its trading to 23 hours a day, five days a week.  According to a filing with the U.S. Securities and Exchange Commission, the new schedule would start at 9 p.m. Eastern on Sunday and close Friday at 8 p.m.  Day sessions would run 4 a.m. to 8 p.m., followed by an hour break and then the night session beginning at 9.  Nasdaq says that it has seen a growing interest in overnight trading, especially among investors in Asia and other areas where business hours are outside those in the U.S.  

 

>>Elon Musk's Wealth Reaches Never-Before-Seen Level 

(Undated)  --  The richest man on the planet is taking things to a whole new level.  Tech mogul Elon Musk on Monday became the first person ever worth 600 billion dollars.  Forbes noted Musk's wealth had actually grown to 677 billion dollars by mid-day as his privately-held company SpaceX prepares to go public next year at a valuation of 800 billion. 

 

>>Ford Pulling Plug On F-150 Lightning EV    (Dearborn, MI)  --  Ford is pulling the plug on the F-150 Lightning EV and shifting its focus to hybrids.  The automobile manufacturer says it will concentrate on extended-range and battery-electric models.  Officials say a Tennessee plant will be repurposed from electric to gas-powered cars.  Weakening consumer demands and government cuts are said to be driving the changes.

 

>>Boring Company Files Lease for Music City Loop Tunnels

(Nashville, TN)  --  Elon Musk's The Boring Company officially has a lease application filed with Tennessee Department of Transporation for its proposed Music City Loop, a tunnel system connecting Nashville International Airport to the State Capitol.  If approved, the nine-point-five-mile twin tunnels would feature at least 20 stations across the city, cutting travel to the airport to about 9 or 10 minutes.  Meanwhile, some city leaders are pushing back, citing concerns over safety, environmental impact, and lack of public engagement.  

 

>>Google Ending Dark Web Report

(Mountain View, CA)  --  Google is ending a feature that lets users scan for personal information that may have been leaked on the dark web.  The dark web report, which monitors for data breaches to see if info has been compromised, will end in February.  Google says its discontinuing the service because it doesn't provide next steps about what to do if there's a risk of identity theft.  

 

>>NY AG Sues UPS Over Accusations Of Wage Theft For Season Workers 

(Albany, NY)  --  UPS is being accused of failing to deliver the proper pay to thousands of seasonal workers across New York State.  Attorney General Letitia James is announcing a lawsuit over alleged wage theft over accusations the company failed to record all hours worked and required widespread off-the-clock labor.  James says a state investigation dating back six years resulted in upwards of 45 million dollars owed to seasonal delivery workers and she's seeking restitution.  In response, UPS says it takes all accusations of wrongdoing seriously but does not comment on ongoing litigation. 

 

>>USPS Holiday Send-By Deadlines Right Around The Corner   

(Undated)  --  The holidays are upon us and the United States Postal Service say it's prepared for the shipping rush.  There are some important shipping deadlines to keep in mind.  Wednesday is the last day to send your items off in time for them to arrive by Christmas if you're using USPS Ground Advantage or First-Class Mail Service within the lower 48 states.  The deadline is Thursday for Priority Mail Service delivery and this Saturday for Priority Mail Express.  

 

AM Business Notebook 

For: December 12, 2025

>>Trading Week Winding Down 

(New York, NY)  --  The opening bell rings this morning after stocks closed mixed yesterday.  The Dow Jones Industrial Average and the S&P 500 both closed at record highs.  At the closing bell, the Dow Jones gained 646 points to 48-704.  The S&P 500 gained 14 points to 69-01.  The Nasdaq lost 60 points to 23-593.

 

>>Jump In Weekly Jobless Claims 

(Undated)  --  More Americans are filing for first-time unemployment assistance.  The Labor Department reported Thursday that it received 236-thousand initial requests in the week ending December 6th.  That's more than the 223-thousand most analysts had been expecting and it marks an increase of more than 40-thousand claims over the week prior.  That's the biggest jump seen since March of 2020.

 

>>House Repeals Trump EO Ending Union Rights For Federal Workers

(Washington, DC)  --  The House of Representatives has overturned one of President Trump's executive orders.  The House voted 231-195 to repeal an order that Trump signed in March ending union rights at federal agencies.  The bipartisan measure would restore collective bargaining for nearly one-million federal workers.  The administration argued that restricting union rights was necessary to protect national security.  The measure now has to pass the Republican-controlled Senate.  

 

>>OpenAI Launches Its Latest AI Model GPT-5.2

(San Francisco, CA)  --  OpenAI is taking the wraps off its latest AI model as competition heats up.  GPT-5.2 is now out in three different levels designed to handle varying degrees of complexity.  And in other OpenAI news, users will soon be able to use Disney characters on Sora.  The two companies announced a three-year licensing deal that will allow users to generate short form videos on the AI platform using more than 200 Disney, Marvel, Pixar and Star Wars characters.  A selection of the user generated videos will be made available to watch on Disney-Plus.  The deal will also allow ChatGPT to create user prompted images using Disney properties.  As part of the deal, Disney is making a one-billion dollar equity investment into OpenAI.

 

>>Rivian's Autonomy and AI Day Features New Tech

(Palo Alto, CA)  --  Electric vehicle maker Rivian has unveiled a custom chip, car computer and AI models that will bring a self-driving feature to its new vehicles.  It also announced plans to roll out Autonomy-plus subscriptions in 2026 at its first-ever Autonomy and AI Day.  The subscriptions will provide expanded hands-free driving capabilities and be powered by new chips and computers.  The service starts at 25-hundred dollars annually.  Tesla officers its premium service for eight-thousand annually.  Rivian's new EVs will start being delivered in the first half of 2026.

 

>>Silver Prices Hit All-Time High

(Undated)  --  Silver prices hit an all-time high on Thursday.  The cost for one ounce rose to 64-dollars, 31-cents during daytime trading.  The metal is up more than 115 percent this year after starting January under 30-dollars per ounce.  The price is up more than 14-dollars per ounce since November 20th.  

 

AM Business Notebook 

For Thursday, December 11th, 2025

>>Stocks Close Higher After Fed Rate Cut

(New York, NY)  --  Wall Street closed Wednesday with stocks higher.  It comes after the Federal Reserve lowered interest rates by a quarter-percentage point.  It marks the third straight interest rate cut.  The benchmark rate is now in a range of three-and-a-half-to-three-and-three-quarters-percent.  The Fed appeared to indicate there will be just one rate cut in 2026 and one in 2027.  At the closing bell, the Dow Jones Industrial Average rose 497 points to 48-057.  The S&P 500 gained 46 points to 68-86.  The Nasdaq jumped 77 points to 23-654.

 

>>Fed Cuts Interest Rates For Third Straight Time

(Washington, DC)  --  Mortgages and car loans are expected to get less expensive.  The Federal Reserve has lowered interest rates by a quarter-percentage point.  It marks the third straight interest rate cut.  The benchmark rate is now in a range of three-and-a-half-to-three-and-three-quarters-percent.  The Fed appeared to indicate there will be just one rate cut in 2026 and one in 2027.

 

>>Small Business Owners Cite Inflation As Big Challenge

(Undated)  --  Small business owners are citing inflation as one of the biggest challenges they currently face.  New polling shows 45-percent of small business owners say inflation presents a challenge for them.  The Chamber of Commerce's quarterly Small Business Index also found 58-percent of respondents expect to raise prices this holiday season.  Despite inflation woes, nearly 70-percent of respondents reported their business as being in "somewhat" or "very" good health.  The findings come as the Federal Reserve lowered interest rates for the third straight meeting which will lower borrowing costs for small business owners nationwide.

 

>>Investigation Shows Instacart is Using AI to Hike Prices

(San Francisco, CA)  --  An investigation shows online grocery service Instacart's use of AI led to item prices being hiked by as much as 20-percent.  The report from Consumer Reports and Groundwork Collaborative says AI is helping Instacart gauge how much it can charge for a particular item before shoppers decide not to purchase it.  It found the grocery service displayed different prices on the same household items at stores like Albertsons, Costco, Kroger and Target.  The report said the price hikes could cost shoppers more than one-thousand dollars per year.  More than 250-million orders were placed through Instacart in the first three quarters of 2025. 

 

>>YouTube TV To Offer Genre-Specific Plans

(San Bruno, CA)  --  YouTube TV will offer cheaper, genre-specific plans next year.  There will be ten different packages offered, including ones focused on sports, entertainment, kids and family and news.  The sports plan will offer channels like NBC Sports Network, Fox Sports One and all ESPN networks including the ESPN Unlimited app.  Specific pricing hasn't been announced, but the plans will cost less than the current 83-dollar monthly subscription for the base package.  YouTube said its goal is to allow people to tailor their subscription with more options.

 

>>Eli Lilly Announces Huntsville, Alabama Plans

(Huntsville, AL)  --  Pharmaceutical giant Eli Lilly has unveiled plans to invest more than six-billion dollars in a new manufacturing plant in Huntsville, Alabama.  Officials say the facility will produce small-molecule synthetic and peptide medicines, including Eli Lilly's GLP-1 weight-loss pill.  The project represents the largest capital investment in Alabama's history.  Once operational, the site is expected to employ about 450 people, including engineers, scientists, lab technicians, and operations staff.  Construction is scheduled to begin in 2026 and conclude in 2032, with the project projected to create around three-thousand construction jobs during the build-out.

 

AM Business Notebook

For: December 10, 2025

>>Ahead Of The Bell

(New York, NY) -- The opening bell rings this morning after stocks closed mostly lower yesterday. Stocks struggled for direction as investors wait for the Federal Reserve's last interest rate decision of the year. At the closing bell, the Dow Jones Industrial Average lost 179 points to 47-560. The S&P 500 dropped six points to 68-40. The Nasdaq gained 30 points to 23-576.

 

>>Trump PA Visit Pushes Economic Agenda

(Mt. Pocono, PA) -- President Trump has launched a national tour touting his economic agenda. Trump spoke to a crowd of supporters in Pennsylvania Tuesday night, saying his administration "saved America." The President went on to say that his tariffs have brought in trillions to the U.S., and pushed companies to invest in American manufacturing once again. Polls show Americans say affordability is out of control, and a majority of voters are starting to blame Trump. The White House says Pennsylvania is one of several stops planned across the country where Trump will talk about the economy.

 

>>Fed Rate Decision Looms

(New York, NY) -- The Federal Reserve announces the last interest rate decision of the year later today. While investors anticipate the third rate cut in a row, they'll be even more focused on what fed chair Jerome Powell says in his comments following the announcement. Powell could indicate this could be the last expected cut for now, citing current market and inflation conditions.

 

>>Netflix Hit With Class-Action Suit Over Warner Bros. Discovery Deal

(Los Angeles, CA) -- Netflix is now facing a class-action lawsuit over its plans to buy Warner Bros. Discovery. Paramount has launched a hostile takeover attempt after losing a bidding war to Netflix even though the board at Warner Bros. Discovery already accepted the Netflix offer of 28-dollars a share. Now, a Las Vegas resident is getting involved as well, taking legal action alleging the pending deal risks "irreparable antitrust injury" to consumers. The lawsuit warns of a reduction in competition in the subscription video-on-demand market if it is approved.

 

>>Instacart AI Changes Prices For Same Items

(San Francisco, CA) -- Instacart's use of artificial intelligence pricing has apparently led to shoppers paying higher or lower prices for the same items from the same store. A new study by the progressive advocacy group Groundwork Collaborative, Consumer Reports and news organization More Perfect Union found the grocery delivery app had fluctuations in price of around seven percent. Three-fourths of all items tested were sold at different prices. Instacart blames the price differences on a small subset of retail partners running online pricing tests. The company acquired AI pricing tool Eversight in 2022.

 

>>Ford And Renault Partner To Build EVs

(Detroit, MI) -- Ford and French-based automaker Renault are teaming up to build two new, small electric vehicles. The partnership could produce a new version of the Ford Fiesta. Ford has scaled back investments in EVs in North America but they are still working on a 30-thousand dollar EV model. The partnership with Renault is expected to produce a smaller version of the model set for North America in Europe. They are expected to hit the streets in 2028.

AM Business Notebook 

For: December 9, 2025

>>Watching Wall Street 

(New York, NY)  --  The opening bell rings this morning after stocks closed lower yesterday to start the week on Wall Street.  Paramount Skydance shares rose seven percent on news the media company is launching a hostile bid to buy Warner Bros. Discovery despite losing a bidding war to Netflix.  At the closing bell, the Dow Jones Industrial Average lost 215 points to 47-739.  The S&P 500 dropped 24 points to 68-46.  The Nasdaq fell 32 points to 23-545.

 

>>Trump Unveils $12 Billion Aid Package For U.S. Farmers  

(Washington, DC)  --  President Trump says relief is coming for American farmers in the form of a 12-billion-dollar aid package.  During a round table at the White House Monday, Trump insisted the money was not in response to farmers being hit hard by his tariff policies, but rather due to the Biden administration's bad policies.  American farmers have lost billions this year in soybean sales after China started going to South American suppliers as trade talks were stalled.  Reacting to the announcement, Democratic Senator Ron Wyden of Oregon says the tariffs are forcing farmers into bankruptcy and the farm aid won't be enough to get them back to a point of break-even.

 

>>Fed Rate Decision Coming Tomorrow

(New York, NY)  --  The Federal Reserve is widely expected to announce an interest rate cut on Wednesday.  But investors caution the Fed's policy committee, which begins its two-day meeting today, could be sharply divided.  A handful of members have expressed worries over possible tariff-driven inflation.  

 

>>Nvidia Cleared To Sell Some AI Chips In China

(Washington, DC)  --  President Trump says he has told President Xi [[ she ]] of China that the U.S. will allow Nvidia to ship some AI chips to approved customers in China.  The president wrote on Truth Social that the U.S. government would take a 25-percent cut of sales of the approved chips, up from a previously-announced 15-percent.  The announcement would end what was effectively a ban on sales of AI chips from U.S. companies to China.  Trump said Intel, AMD, and "other great American companies" would also be allowed to sell similar chips in the country.

 

>>Denny's Shutting Down Restaurants Nationwide

(Spartanburg, SC)  --  Denny's is shutting down additional restaurants nationwide. The diner chain closed 88 locations last year and reportedly has plans to close between 70 and 90 more. News of the closures came after the diner chain previously said it would shutter about 150 underperforming restaurants by the end of this year. The chain also announced last month that it will be sold for 620-million-dollars, but the closures are said to be unrelated to the pending sale.

 

>>Google Launching 1st Gen AI Powered Glasses In 2026   (Mountain View, CA)  --  Google is planning to launch its first-generation AI powered glasses.  The audio-only glasses will be equipped with the Gemini AI assistant and feature an embedded lens-based display.  The operating system will be based on Android XR.  The glasses are expected to debut next year.

 

>>FAFSA To Flag Schools With Low Earning Outcomes

(Washington, DC)  --  The Education Department will add an earnings indicator to the FAFSA process. The application will now show students key financial data for the institutions they selected, and a "low earnings" disclosure will appear for colleges with graduates who earn below the average high school graduate. Education Secretary Linda McMahon said the new feature will make public earnings data more accessible and "empower prospective students to make data-driven decisions before they are saddled with debt." Students can also get more detailed information on an institution's financial status from College Scorecard.  

 

>>Greenlight Youth Invest More Than $70M

(Atlanta, GA)  --  Children using the Greenlight family money app invested more than 70-million-dollars in 2025.  That's up 65 percent from last year.  The company says the average age for its youth investors is 12 and they've been putting money into companies like Nvidia, Apple, Amazon and Tesla.

 

AM Business Notebook 

For: December 8, 2025

>>Ahead Of The Bell   

(New York, NY)  --  The opening bell rings this morning after stocks closed higher on Friday to cap a positive week.  Stocks posted modest gains after lighter than expected inflation data left the door open for the Federal Reserve to cut interest rates.  All three major averages notched weekly gains with the tech-heavy Nasdaq up almost one percent.  At the closing bell, the Dow Jones Industrial Average gained 104 points to 47-954.  The S&P 500 added 13 points to 68-70.  The Nasdaq rose 72 points to 23-578.

 

>>Fed Interest Rate Decision Coming This Week 

(Undated)  --  Coming up in the business week ahead, the Federal Reserve opens a two-day meeting on Tuesday that will end in the last interest rate decision of 2025.  That announcement is due Wednesday at 2pm Eastern, followed by remarks from Fed Chairman Jerome Powell.  Weekly jobless claims will be released on Thursday.  

 

>>Earnings Preview

(Undated)  --  A handful of big names have earnings results out this week for investors to pour over.  Campbell Soup reports Tuesday, along with Cracker Barrel and GameStop.  As the week winds down, Costco and Lululemon release their next earnings reports on Thursday.

 

>>Netflix To Acquire Warner Bros. Discovery Assets In $82B Deal 

(Los Gatos, CA)  --  Netflix has reached a mega deal to buy Warner Bros. Discovery's studio and streaming business for more than 80 billion dollars.  Netflix announced the deal on Friday, which would be completed by the second half of next year after Warner Bros. Discovery spins off its cable assets like CNN, TNT and Discovery.  Netflix, which has more than 300-million subscribers, would become a juggernaut with massive leverage over the business.  A senior Trump administration official said the White House views deal with "heavy skepticism."  The deal will need to be approved by regulators.

 

>>Consumer Sentiment Improves In December

(Ann Arbor, MI)  --  Consumer sentiment is improving slightly.  The University of Michigan's early reading for December edged up two points from last month.  Consumers see modest improvements from November although many cite persistently high prices among their major concerns.  Year-ahead inflation expectations dipped to their lowest reading since January 2025.  Survey officials noted December's reading on expected personal finances remains nearly 12 percent below the beginning of the year.

 

>>Southwest Airlines Sees $11M Fine Waived   

(Washington, DC)  --  The Trump administration is waiving an eleven-million dollar fine against Southwest Airlines.  The announcement made over the weekend focuses on a 140-million-dollar settlement over the carrier's meltdown in December 2022 during a holiday travel period.  Southwest had agreed to a 35-million-dollar cash fine and to provide 90-million dollars in travel vouchers to delayed passengers.  The Transportation Department in a written order waiving the fine cited Southwest's decision to invest over a billion dollars in its operations to improve performance and reliability since the 2022 incident.  

 

>>Consumers Added $16B In Credit Card Debt This Year 

(Undated)  --  Americans are piling up credit card debt at a slower rate than last year.  WalletHub says U.S. shoppers added 16 billion dollars so far, which brings the total credit card debt to over one trillion dollars.  Still, the additional amount of credit card debt is 27-percent less than what was added last year.  The average credit card debt per household tops 11-thousand dollars heading into the holidays. 

 

>>Former Rangers, Stars Owner Tom Hicks Dies

(Dallas, TX)  --  The Texas Rangers and Dallas Stars are mourning the loss of their former owner.  Texas businessman and philanthropist Tom Hicks died Saturday.  He was 79.  Hicks owned the Stars from 1995-to-2011 and the Rangers from 1998-to-2010.  He also acquired a 50-percent stake in English Premier League soccer team Liverpool in 2007.  He co-founded Hicks & Haas in 1984 and helped to reshape private equity and investing strategy.  He is survived by his wife and six children.

 

AM Business Notebook 

For: December 3, 2025   

>>Ahead Of The Bell  

(New York, NY)  --  The opening bell rings this morning after stocks closed higher yesterday.  Bitcoin notched gains, recouping from losses in the prior day.  The broader market was also boosted by tech players linked to the artificial intelligence trade.  At the closing bell, the Dow Jones Industrial Average rose 185 points to 47-474.  The S&P 500 rose 16 points to 68-29.  The Nasdaq was up 137 points to 23-413. 

 

>>203M Shopped Over Thanksgiving Holiday

(Undated)  --  Nearly 203 million people in the U.S. shopped between Thanksgiving and Cyber Monday.  That's according to a survey out Tuesday from the National Retail Federation and Prosper Insights & Analytics.  The number is higher than the 197 million bargain-seekers who shopped during the same time last year.  It's actually the highest since the NRF started its tracking in 2017.  

 

>>ADP Employment Report, Weekly Jobless Claims Out This Week 

(Undated)  --   The ADP employment report is scheduled for release this morning.  It's expected to show 42-thousand jobs added in November, down only a couple thousand from the month prior.  Weekly jobless claims data follows on Thursday.  The government's always closely-watched monthly jobs report would normally be released on the first Friday of the month but thanks to the government shutdown those numbers won't be available until Tuesday, December 16th.    

 

>>Dells Donating To Millions Of Kids Via "Trump Accounts"

(Undated)  --  Millions of American children will be receiving donations to open so-called Trump Accounts from Michael and Susan Dell.  The Dells will donate 250-dollars to 25-million children ages ten and younger who don't qualify for the Trump accounts created earlier this year.  The Trump accounts were included in the Republicans' tax and spending bill, giving one-thousand dollars to babies born during the president's second term.  The Dells said the more than six-billion-dollar donation is "an incredibly practical and direct step to help families begin saving today."

 

>>States Attorneys General Announce $700 Million Settlement With Google

(Salt Lake City, UT)  --  State Attorneys General from all 50 states have announced a settlement with Google in a lawsuit over Play Store misconduct.  The lawsuit accused Google of monopolizing app distribution and in-app payment processing for Android phones.  The settlement will see Google pay 630-million dollars in restitution to consumers who were harmed by Google's anticompetitive practices when they made purchases on the Play Store between August 2016 and September 2023.  Automatic payments to eligible consumers will be made through PayPal or Venmo.  The settlement also calls on Google to reform its business practices.

 

>>American Eagle Raises Sales Estimates

(Pittsburgh, PA)  --  American Eagle is raising its sales estimates for the year after quarterly results that beat expectations.  The clothing company says it expects fourth quarter sales to grow from eight to nine percent, four times better than what was originally anticipated.  Shares jumped 15 percent in extended trading Tuesday, with the company giving some credit to ad campaigns featuring Sydney Sweeney and Travis Kelce.

 

AM Business Notebook

For: December 2, 2025

>>Ahead Of The Bell (New York, NY) -- The opening bell rings this morning after stocks closed down to start the month yesterday. It comes as investors continue to keep their eye on the Federal Reserve for another possible interest rate cut this year. At the closing bell, the Dow Jones Industrial Average fell 427 points to 47-289. The S&P 500 dropped 36 points to 68-12. The Nasdaq slid 89 points to 23-275.

 

>>Cyber Monday Rings Up Billions In Sales

(Undated) -- Cyber Monday's reputation as one of the biggest online shopping days of the year remains intact. Adobe Analytics was expecting total online spending to top 14-billion dollars and by yesterday evening it had already surpassed nine-billion. With that in the rearview mirror, today is Giving Tuesday - the charitable followup to Black Friday and Cyber Monday. The event, launched in 2012, asks people to give money, time or support to any number of causes, communities and non-profit organizations.

 

>>Costco Sues Trump Administration

(Undated) -- Costco Wholesale is suing the Trump administration over refunds on tariffs. The retail giant asked the Court of International Trade to consider all tariffs collected under the International Emergency Economic Powers Act unlawful. Costco is seeking a "full refund" of all duties under the act paid under Trump's executive order on reciprocal tariffs.

 

>>Eli Lilly Weight Loss Drug Price Reduction

(Indianapolis, IN) -- Eli Lilly is lowering the cash prices of its popular weight loss drug via its platform LillyDirect. Starting Monday, cash-paying patients with a valid prescription can save at least 50-dollars when purchasing Zepbound on LillyDirect, with prices ranging from 299-dollars-per-month to 449-dollars-per-month. The announcement builds on efforts by the company and the Trump administration to make the medicine more accessible. It also follows an announcement from its chief rival Novo Nordisk which unveiled additional discounts to make their GLP-one drugs cheaper for patients.

 

>>Pinterest Supports App Store Age Verification

(San Francisco, CA) -- Pinterest is backing a bill that would require app stores to verify users' ages. The company joined Meta, X and Snapchat in endorsing the App Store Accountability Act and urged Congress to pass the law. The act would shift the responsibility of age verification to app stores like those offered by Apple and Google while the two tech giants argue that app developers are better equipped to handle age verification.

 

>>USPS Deadlines For On-Time Holiday Deliveries

(Washington, DC) -- The USPS is announcing shipping deadlines to ensure gifts arrive by Christmas Day. USPS Ground Advantage Service or First-Class Mail Service customers have until December 17th for packages sent from the contiguous United States, excluding Alaska and Hawaii while Priority Mail Service users have until December 18th and Priority Mail Express Service customers have until December 20th. According to the USPS, the deadline for USPS Ground Advantage Service for shipments from Alaska and Hawaii is December 16rh and international shipping deadlines vary. The USPS is also emphasizing the importance of sending packages early to avoid delays. 

AM Business Notebook 

For: December 1, 2025 

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning as Wall Street welcomes the first day of the last trading month of the year.  Stocks closed higher on Friday to end the month of November.  Overall, the tech-heavy Nasdaq finished the month lower, while the Dow Jones Industrial Average and the S&P 500 ended the month higher.  At the closing bell, the Dow gained 289 to 47-716.  The S&P 500 rose by 36 points to 68-49.  The Nasdaq gained 151 points to 23-365.

 

>>Coming Up This Week 

(Undated)  --  Coming up in the business week ahead, there are no major economic reports on the calendar today but there is a chance to possibly gain insight into Fed Chairman Jerome Powell's latest thoughts on interest rates and the overall state of the economy when he delivers remarks at a Hoover Institution special lecture panel at Stanford University.  Following that, auto sales figures will be released throughout the day Tuesday.  The ADP employment report comes out Wednesday, weekly jobless claims are due Thursday and the week wraps up with the latest data on consumer sentiment and consumer credit on Friday.

 

>>Shoppers Ready For Cyber Monday 

(Undated)  --  Cyber Monday is here and it's expected to be one of the biggest online shopping days of the year.  Adobe Analytics predicts total online spending could top 14-billion dollars.  That would be up more than six-percent from 2024.  Shoppers already spent nearly 12-billion dollars online on Black Friday.  

 

>>Airbus Recalls 6K Planes Over Software Issue

(Paris)  --  Airbus is recalling roughly half its global fleet during one of the busiest travel periods in the U.S.  The European manufacturer announced Friday it's grounding six thousand of its A320 jets for repairs.  The repairs involve the planes' flight control software.  It's unclear how long the fix could take.  The company said a recent incident with one of its planes revealed that solar flares could cause issues with the software, highlighting the need for the recall.

 

>>New Poll Shows Americans Turning On College Degrees

New York, NY)  --  A new poll is suggesting most Americans no longer see four-year college degrees as worth the cost.  The new NBC News poll shows only one-third of registered voters agreed with the statement that a four-year degree is "worth the cost because people have a better chance to get a good job and earn more money over their lifetime."  Nearly two-thirds agreed with the opposing statement, that a four-year degree is "not worth the cost because people often graduate without specific job skills and with a large amount of debt to pay off."  

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