SoftBank’s $5.8 billion Nvidia stake sale stirs fresh AI bubble fears
Nvidia shares fall more than 2% after SoftBank sells stakeSale to help Son fund AI bets such as…
US House returns to Washington for vote to end government shutdown
House vote could end longest U.S. government shutdownDeal divides Democrats over healthcare subsidies extensionSNAP food aid program would…
Morning Bid: Tech bounce stalls
Nov 11 – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large,…
Oil prices rise as investors balance sanctions risks, oversupply worries
LONDON, Nov 11 (Reuters) – Oil prices rose on Tuesday due to the impact of the latest U.S.…
Trump demands air traffic controllers return to work as flight cancellations spike
Trump threatens penalties for absent air traffic controllersFAA reports 20-40% of controllers have been absent at major airportsSenate…
Oil steady after US shutdown talks advance, oversupply concerns persist
US Senate advances bill to end federal shutdownFlight delays, cancellations in the US accelerateOversupply concerns persist as crude…
US air travel will fall to a trickle due to shutdown, transportation secretary says
FAA mandates flight cuts at 40 major airports due to safety concernsThanksgiving travel disruptions could impact U.S. economic…
FAA bars MD-11 flights after fiery UPS jet crash
UPS and FedEx have grounded their MD-11 aircraftInvestigators probe plane’s maintenance recordLeft engine and pylon detached from plane…
Federal shutdown threatens these Trump voters’ livelihoods but not their political loyalties
Shutdown hits Trump voters with small businesses, federal jobs and benefitsShutdown reinforces political divisions, frustration with polarized politicsMany…
Lukoil operations face fallout from Trump sanctions, Gunvor drops bid
Gunvor withdrew its bid for Lukoil’s foreign assets on ThursdayMoldova requests exemption from US sanctionsBulgarian parliament passes law…
Metsera accepts Pfizer’s $10 billion bid in ongoing M&A battle
Pfizer’s latest bid could spell end of bidding war with NovoMetsera’s drugs projected to reach $5 billion in…
EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion
Scaringe’s new pay plan linked to reduced stock price targetsNew package also hinges on new profit, cash flow…