Business news
- Supreme Court to hear case on Trump birthright citizenship order - The U.S. Constitution's 14th Amendment had been understood to grant citizenship to children born in the country, even if their parents are not citizens.
- David Ellison's hunt for WBD made David Zaslav richer — and it may not be over - Paramount is considering taking an offer straight to WBD shareholders, believing its deal has a better chance of gaining regulatory approval, sources told CNBC.
- RFK Jr.’s vaccine panel weakens recommendation on hepatitis B shot for babies, scrapping universal guidance - Some public health experts expressed concerns the recommendation could lead to an increase in hepatitis B infections in babies.
- Netflix says it's struck a deal to buy Warner Bros. Discovery for $27.75 per share - MediaNetflix says it's struck a deal to buy Warner Bros. Discovery for $27.75 per sharePublished Fri, Dec 5 20257:11 AM ESTUpdated 2 Min AgoSara Salinas@in/sara
- Southwest Airlines cuts earnings outlook on government shutdown demand hit - The carrier said it expects 2025 earnings before interest and taxes of about $500 million, down from a previous forecast of $600 million to $800 million.
- Putin says Russia is willing to supply 'uninterrupted' fuel to India, as U.S. pressures New Delhi to cut back - Russian oil exports have declined owing to U.S. sanctions on two of its largest oil companies Rosneft and Lukoil.
- $208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth - Yieldstreet is attempting to move past a troubled track record by rebranding to Willow Wealth while customers reel from a still-unfolding collapse of its funds.
- Nvidia partner Foxconn reports 26% revenue spike as AI boom continues - The Taiwanese company has increasingly moved into the AI infrastructure space in recent times
- Global websites back online as Cloudflare issues fix for dashboard issue - Shares of the company were down 4.5% in premarket trading after global websites went down and Cloudflare said it was investigating.
- India cuts rates to 5.25% as expected as central bank flags ‘weakness in some key economic indicators’ - India's central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters.