News From Around Town

House Republicans say they have deal to avert government shutdown

House Republicans fell into chaos after President-elect Donald Trump and Elon Musk panned a bipartisan deal which would have averted a government shutdown.

Amazon workers strike across seven facilities at peak of holiday shopping season

Amazon workers at seven facilities in New York, Georgia, California and Illinois went on strike Thursday.

Father, son plead guilty in $100 million New Jersey deli stock scheme

FAA: Drone flights are temporarily banned over some areas of New Jersey

The Federal Aviation Administration on Wednesday banned drone flights over 22 areas across New Jersey amid complaints of strange and often bright drones in the night sky.

This once hot AI-derivative play is plunging. Here’s what Wall Street says

This once trendy derivative play on artificial intelligence is suddenly falling on hard times after posting a rough earnings report.

Student loan servicer transfer led to ‘millions of consumer credit reporting errors’: Lawmakers

A "faulty" transfer of student loan accounts from Nelnet to Mohela led to "millions of consumer credit reporting errors," lawmakers say in a new letter.

Micron stock headed for worst day since 2020 after disappointing guidance

Micron's stock plummeted Thursday following the company's earnings report and its weaker-than-expected guidance for the second quarter.

How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill

Trump's nominees could hold considerable power over the interpretation and implementation of the IRA's programs and tax incentives.

Nike will report earnings after the bell. Here’s what Wall Street expects

Nike will report its first quarterly earnings since its new CEO, Elliott Hill, took the helm of the company in October.

CFPB takes aim at credit card issuers as consumers forfeit about $500 million in rewards each year

When it comes to credit card rewards, cardholders often leave money on the table. Now the CFPB is taking a closer look at these programs.

Luigi Mangione hit with federal murder, stalking charges in UnitedHealthcare CEO killing

Luigi Mangione is charged with first-degree murder and other counts in the fatal shooting of UnitedHealthcare CEO Brian Thompson in New York.

How bitcoin views are evolving among corporate America’s cash managers: CNBC CFO Council Survey

Corporate CFOs aren't as opposed to bitcoin as they once were, but are still far away from embracing crypto as a store of value: CNBC CFO Council Survey.

November home sales surged more than expected, boosted by lower mortgage rates

Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors

Trump Georgia election case DA Fani Willis disqualified but indictment stands: appeals court

President-elect Donald Trump and others are charged in Georgia with crimes related to efforts to overturn his 2020 election loss to President Joe Biden.

FDA says Eli Lilly’s weight loss drug Zepbound is no longer in shortage

The decision that will eventually bar compounding pharmacies from making unbranded versions of the injection.