Walt Disney CEO Bob Iger told employees he faced a “myriad of challenges” upon returning to the company.
Read More Disney CEO Bob Iger says company is ready to start buildingCategory: Business
US Thanksgiving weekend sales hit record $38 bln on big discounts – report
Deep discounts during the Thanksgiving weekend enticed U.S. shoppers to splurge about $38 billion online.
Read More US Thanksgiving weekend sales hit record $38 bln on big discounts – reportUS new home sales fall more than expected in October
Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.
Read More US new home sales fall more than expected in OctoberBroadcom Acquires VMware In $69B Deal After China Approval
The chipmaker company Broadcom has officially acquired VMware for $69 billion.
Read More Broadcom Acquires VMware In $69B Deal After China ApprovalOil tumbles 4% as OPEC+ meeting delayed
Oil prices tanked as OPEC+ producers unexpectedly delayed a meeting on output, raising questions about the future course of crude production cuts.
Read More Oil tumbles 4% as OPEC+ meeting delayedUS weekly jobless claims fall; business spending on equipment softening
Weekly jobless claims fell more than expected, but the U.S. labor market slowdown, driven by higher interest rates and economic concerns, continues to worry big money managers.
Read More US weekly jobless claims fall; business spending on equipment softening