Business news
- Kalshi makes move to court crypto traders with tokenized betting contracts - Tokenization refers to creating a digital version of a real-world financial asset such as a stock, bond or treasury note.
- Shopify outage: Shopping platform goes down for some users during Cyber Monday - Select merchants were unable to log in to Shopify, while others couldn't access their point-of-sale systems, the company said.
- As regime change looms at the Fed, one candidate emerges as frontrunner for chair - President Donald Trump knows who he's going to select as the next Federal Reserve chair but isn't saying yet.
- Appeals court disqualifies Trump's N.J. prosecutor pick Alina Habba, rejecting DOJ challenge - The ruling affirming Habba's disqualification came one week after another Trump-picked prosecutor, Lindsey Halligan, was deemed invalidly appointed.
- OpenAI takes stake in Thrive Holdings to help accelerate enterprise AI adoption - OpenAI will embed engineering, research and product teams within Thrive Holding's companies.
- Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership - TechNvidia takes $2 billion stake in Synopsys with expanded computing power partnershipPublished Mon, Dec 1 20258:09 AM ESTUpdated 2 Min AgoAshley Capoot@/in/as
- Eli Lilly cuts cash prices of Zepbound weight loss drug vials on direct-to-consumer site - The announcement comes weeks after President Donald Trump inked deals with Eli Lilly and Novo Nordisk to make their GLP-1 drugs easier for Americans to access.
- Intel stock holds 10% rise after analyst predicts major Apple deal - Intel's share price was down slightly premarket after a 10% spike on Friday after analyst Ming-Chi Kuo said the chip giant was nearing a deal to supply Apple.
- Airbus shares fall on reports of new quality issue on dozens of A320 aircraft - Shares of Airbus plunged to the bottom of the pan-European Stoxx 600 index on Monday morning.
- India's industrial output grew just 0.4% in October, missing estimates - India's industrial output suffered due to weak manufacturing output and mining activity, low electricity consumption.