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The Justice Department, together with the Consumer Product Safety Commission (CPSC), today announced the filing of a civil enforcement action against Stanley Black & Decker, Inc. (Black & Decker) for alleged violations of the Consumer Product Safety Act (CPSA). Black & Decker is a global provider of hand tools, power tools, outdoor products and related…

The war for the future of Warner Brothers continues, as Paramount Skydance announced Monday an amended all-cash offer for the legacy movie studio. The offer includes an “irrevocable personal guarantee” from a major backer, Oracle billionaire Larry Ellison, to provide tens of billions in equity financing for the deal. It’s the latest move by Ellison’s…

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A top Amazon executive has said the US technology giant has blocked more than 1,800 job applications from suspected North Korean agents. North Koreans tried to apply for remote working IT jobs using stolen or fake identities, Amazon’s chief security officer Stephen Schmidt said in a LinkedIn post. “Their objective is typically straightforward: get hired,…

The US Food and Drug Administration (FDA) has approved a pill version of the weight-loss drug Wegovy, according to pharmaceutical giant Novo Nordisk. It is the first pill of its kind to receive approval from the regulator, marking a new era for weight-loss drugs. Wegovy’s Danish makers Novo Nordisk said the once-daily pill was a…

Tory Bruno stands between a pair of Vulcan booster at United Launch Alliance’s rocket factory in Decatur, Alabama, on Nov. 4, 2025. Image: Will Robinson-Smith/Spaceflight Now United Launch Alliance announced its president and chief executive officer, Tory Bruno, resigned from the company, effective Monday, Dec. 22. The news came in a statement from Robert Lightfoot,…

Bottles of Jim Beam Kentucky Straight Bourbon whiskey stand on display during a news conference in Tokyo, Japan, Jan. 30, 2020. Noriko Hayashi | Bloomberg | Getty Images Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the…

CNBC’s Jim Cramer suggested dealmaking will help drive the market next year, reviewing mergers and acquisitions that could occur. “The setup’s a great one,” he said. “The chief pillar? Takeovers and acquisitions. They’re going to be an extraordinary force for the bulls in 2026.” Cramer explained that mergers are important for stocks because the market…

An electronic quotation board displays the Nikkei 225 stock prices on the Tokyo stock Exchange in Tokyo on Nov. 5, 2025. Greg Baker | Afp | Getty Images Asia-Pacific markets opened mostly higher Tuesday, after AI trade lifted major Wall Street indexes overnight. Nvidia shares rose more than 1% after Reuters said the company was looking…

MADISON, Wis. — Mercedes-Benz USA and parent company Daimer AG have agreed to pay $149.6 million to settle allegations that the automaker secretly installed devices in hundreds of thousands of vehicles to pass emission tests, a coalition of attorneys general announced Monday. According to the coalition, between 2008 and 2016, the German automaker equipped more…

In this article NVO Follow your favorite stocksCREATE FREE ACCOUNT The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, on the outskirts of Copenhagen, Denmark, Nov. 24, 2025. Tom Little | Reuters The U.S. Food and Drug Administration on Monday approved the first-ever GLP-1 pill for obesity from…

Credit cards that reward homeowners for using their plastic to make mortgage payments have been slow to materialize and quick to fade from the market.  In the last four months, two issuers of credit cards with mortgage-related benefits pulled their offerings, showcasing the difficulty providers face delivering profitably on a product category that’s synonymous with…

Abbott’s Volt™ Pulsed Field Ablation System Receives FDA Approval to Treat Patients with Atrial Fibrillation Abbott’s Volt™ PFA System, the latest generation of cardiac ablation technology, is designed for people battling heart rhythm disorders such as atrial fibrillation (AFib) Pulsed field ablation – or PFA – is a minimally invasive procedure that uses high-energy electrical…

There will be one less parking lot for travelers at Raleigh-Durham International Airport, starting in early 2026.  According to RDU, the ParkRDU Economy 4 lot near Interstate 540 and U.S. Highway 70 will permanently close to airport guests on Jan. 2 and become an employee-only parking lot.  Other WRAL Top Stories Park Economy 4 will…

WASHINGTON, Dec 22 (Reuters) – Mercedes-Benz has reached a $149.6 million settlement with U.S. states to resolve a long-running investigation into allegations of diesel emissions cheating by the German automaker, New York ​Attorney General Letitia James said Monday. The automaker said the deal effectively ends its legal issues in ‌the United States over dieselgate –…

President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs at the White House in April © Saul Loeb/AFP/Getty Images The writer is US Trade Representative The year 2025 will be remembered as the year of the tariff, regardless of one’s economic ideology. International trade is neither good nor bad —…

Instacart is ending its “item price tests” for retailers, the company announced Monday, following public criticism and reported questions from federal regulators about how prices on the shopping and delivery platform are set. “We understand that the tests we ran with a small number of retail partners that resulted in different prices for the same…

A plane landed at Colorado’s Rocky Mountain Metropolitan Airport without a pilot’s help on Saturday in what appears to be the first real-world use of new safety technology. According to Garmin, their emergency “Autoland” system was activated for the first time ever for the landing at around 2 p.m. The landing was successful and the…

LEXINGTON, Neb. (AP) — On a frigid day after Mass at St. Ann’s Catholic Church in rural Nebraska, worshippers shuffled into the basement and sat on folding chairs, their faces barely masking the fear gripping their town. A pall hung over the room just as it hung over the holiday season in Lexington, Nebraska. “Suddenly…

The deal will broaden Google parent Alphabet’s access to power while it competes with rivals including OpenAI, Elon Musk’s xAI and Meta to train and run energy-intensive AI models © Bloomberg Alphabet agreed to acquire data centre energy group Intersect Power for close to $5bn, boosting the Google parent’s power generation as it races to…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks were higher to start the holiday-shortened trading week, with dealmaking grabbing headlines. Jim Cramer highlighted asset manager Janus Henderson ‘s agreement to be acquired by General Catalyst and…

In recovery from methamphetamine and with a mind toward starting anew, Ambrose Haynes spent six months on housing waitlists. He hoped for a voucher he could use to subsidize the rent on an apartment, or a spot in a regulated apartment building where rents are capped at rates affordable to people with low incomes. But…

Bloomberg (Bloomberg) — The holiday-shortened week started with gains in stocks amid a broad advance that saw a continuation of the bullish momentum on Wall Street. Oil and gold rallied as the dollar fell. Equities erased their December losses, with the S&P 500 set for an eighth straight up month – the longest winning run…

Chinese robotaxis could be set to hit UK roads in 2026 as ride-sharing apps Uber and Lyft announce partnerships with Baidu to trial the tech. The two companies are hoping to obtain approval from regulators to test the autonomous vehicles in London. Baidu’s Apollo Go driverless taxi service already operates in dozens of cities, mostly…

In this article JHG Follow your favorite stocksCREATE FREE ACCOUNT Asset manager Janus Henderson has agreed to be acquired by investors Trian Fund Management and General Catalyst, CNBC first reported on Monday. Trian and General Catalyst will pay $49 per share in cash, valuing Janus at about $7.4 billion. That represents a 6.5% premium to…

Performance review season can be nerve-wracking, but there are several ways employees can set themselves up for success. The best thing employees can do for themselves is to practice “emotional management,” according to career coach Sarah Baker Andrus. Remaining calm and engaged during the meeting will leave a good impression, she says, while becoming defensive…

The maker of Jim Beam bourbon whiskey said it plans to pause production at its main distillery in Kentucky starting Jan. 1.  Jim Beam, which is owned by a U.S. subsidiary of Japan’s Suntory Holdings, said in an email to CBS News that its distillery in Clermont, Kentucky, will temporarily halt production “while we take…

Harbour said the deal would support its efforts to maintain production at 500,000 b/d through the end of the decade © ConocoPhillips/Harbour Energy Harbour Energy, one of the UK’s largest independent oil and gas companies, has announced a $3.2bn cash-and-shares offer for LLOG Exploration in the US, as it continues to expand its business beyond…

You don’t get labeled the “Oracle of Omaha” for nothing. As one of the world’s most successful investors, Warren Buffett’s views on markets, companies and the economy have always been of great interest on Wall Street and Main Street. Now 95, Buffett is stepping down as CEO of Berkshire Hathaway, 60 years after taking a…

New York  —  The Trump business empire’s expansion into nuclear fusion is alarming ethics experts, who warn it poses glaring conflicts of interest and risks the federal government playing favorites in what could be the holy grail of clean energy. Trump Media & Technology Group (DJT) shocked Wall Street last week by arranging a $6…

A United Airlines flight from Chicago’s O’Hare International Airport to Southern California was diverted to Rockford on Sunday. United said flight 1304 from O’Hare to John Wayne Airport in Santa Ana, California, was diverted safely to Chicago Rockford International Airport Sunday morning to address a mechanical issue. The plane was expected to depart Rockford early…

Commuters find ways to get a free ride despite the MTA’s efforts to combat fare evasion in the subway system. Photo by Dean Moses The MTA unveiled its latest effort to fight fare evasion at two NYC stations, but commuters looking for a free ride still found creative ways to beat the system.  The entrances…

Patrick T. Fallon | Getty The Powerball jackpot now stands at an estimated $1.6 billion, making it one of the largest lottery prizes in U.S. history, Powerball officials said Sunday. No ticket matched all six winning numbers on Saturday — white balls 4, 5, 28, 52, 69 and red Powerball 20. That sets up the…