Working-class investors are flocking to stocks, betting and crypto, beneficiaries of a new age of democratic finance—or the last invitees to a party that’s going to end.https://www.wsj.com/finance/investing/from-sports-to-ai-america-is-awash-in-speculative-fever-washington-is-egging-it-on-c1e5c814?mod=rss_markets_main
The bank’s Strata Elite cardholders say they have been locked out of their accounts for weeks, unable to make purchases or redeem rewards that cost an annual $595 fee.https://www.wsj.com/personal-finance/credit/citi-new-premium-credit-card-problems-b99f7642?mod=rss_markets_main
Proposal for shipowners to pay a fee for their carbon emissions had been criticized by the U.S.https://www.wsj.com/articles/green-shipping-plan-is-delayed-after-trump-backlash-a81e040b?mod=pls_whats_news_us_business_f
As falling crude prices and rising debt levels place pressure on profits, some analysts are warning that the sector’s current rates are unsustainable.https://www.wsj.com/business/energy-oil/weaker-oil-prices-threaten-european-oil-majors-buybacks-next-year-b75842f6?mod=pls_whats_news_us_business_f
U.S. crude oil inventories rose by 3.5 million barrels last week for their third consecutive weekly build.https://www.wsj.com/business/energy-oil/u-s-crude-oil-stockpiles-rise-for-third-straight-week-c4b66217?mod=pls_whats_news_us_business_f
The company can now increase production to 42 planes a month from 38, the limit put in place after a fuselage panel blew off a jet midair in January 2024.https://www.wsj.com/business/airlines/faa-lets-boeing-increase-production-cap-on-737-max-by-10-ba86aacc?mod=pls_whats_news_us_business_f
Dan Neil takes a test flight of the Pivotal BlackFly, a series-produced electric vertical takeoff and landing vehicle made for consumershttps://www.wsj.com/lifestyle/cars/i-test-drove-a-flying-car-get-ready-theyre-here-257b0ecf?mod=pls_whats_news_us_business_f
Lobbyists are fighting to undo an 80% budget cut to Brand USA, a travel marketing organization created by Congress, as the industry warns of a decline in international tourism.https://www.wsj.com/articles/congress-asks-itself-should-the-government-help-market-america-to-tourists-12726860?mod=pls_whats_news_us_business_f
H World’s strategy in the country is “absolutely about growth,” said Chief Strategy Officer Jihong He.https://www.wsj.com/business/hospitality/chinese-tourists-are-spending-less-hotel-giant-h-world-says-thats-a-good-thing-37590ba4?mod=pls_whats_news_us_business_f
Starbucks is assessing bids from five parties for its China business as it seeks a partner to navigate the country’s competitive coffee landscape.https://www.wsj.com/business/hospitality/starbucks-evaluating-offers-for-china-business-0c7cc1b6?mod=pls_whats_news_us_business_f
The railroad operator emphasized its strategy as a standalone company following the deal between Union Pacific and Norfolk Southern during its third-quarter earnings call.https://www.wsj.com/business/earnings/csx-revenue-profit-fall-amid-lower-coal-prices-627cf02a?mod=pls_whats_news_us_business_f
Chinese-owned chip maker Nexperia told suppliers last week it wouldn’t ship product after the Dutch government took control of the company.https://www.wsj.com/business/autos/nexperia-auto-industry-chip-shortage-02f92559?mod=pls_whats_news_us_business_f
The voting-machine company earlier brought defamation suits against Trump allies over claims it rigged the 2020 election.https://www.wsj.com/us-news/law/smartmatic-indicted-over-alleged-bribes-eeb1fa2c?mod=pls_whats_news_us_business_f
The Salesforce CEO had called for President Trump to send the National Guard to San Francisco.https://www.wsj.com/politics/policy/marc-benioff-apologizes-for-national-guard-comments-bc4d6827?mod=pls_whats_news_us_business_f
Proxy adviser ISS recommends investors reject moonshot pay deal and investment in xAI However, investors have blessed Musk’s prior pay packages despite similar opposition.https://www.wsj.com/business/autos/proxy-adviser-iss-urges-tesla-holders-to-reject-musk-1-trillion-pay-package-d7b4822c?mod=pls_whats_news_us_business_f
Robby Starbuck, a force behind efforts to end corporate diversity programs, is set to address a human-resources conference in Louisville, Ky., later this month.https://www.wsj.com/business/invite-to-an-anti-dei-activist-prompts-hr-pros-to-pull-out-of-industry-event-ed514287?mod=pls_whats_news_us_business_f
Apple is broadening its menu of live sporting events it will offer on its streaming platform.https://www.wsj.com/business/media/apple-f1-us-streaming-deal-1dfb7724?mod=pls_whats_news_us_business_f
Plus, Waymos of London, AI clones and the ‘bring your own power’ era, in this edition of The Future of Everything newsletter.https://www.wsj.com/business/airlines/the-age-of-flying-cars-has-arrived-dcffc420?mod=pls_whats_news_us_business_f
The largest private employer in the U.S. increased wages in a bid to jump-start saleshttps://www.wsj.com/business/retail/walmart-employee-treatment-success-f96761f4?mod=pls_whats_news_us_business_f
The development draws to a close a hostile pursuit by Spain’s second-biggest bank that dragged on for nearly 18 months. Shares in BBVA jumped.https://www.wsj.com/finance/banking/bbvas-19-billion-hostile-takeover-bid-for-sabadell-falls-through-74cea66a?mod=pls_whats_news_us_business_f