Biz Breakdown: Fewer Private Jobs, FTC Seeks to Block Microsoft-Activision Deal, McDonald's Expanding

A new report said the private sector added 103,000 jobs in November while refinance applications climb as mortgage rates dip. Plus, the FTC is once again looking to block the Microsoft-Activision deal and McDonald's is looking to buy 10,000 new locations by 2027.

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Arm Holdings Shares Gain Nearly 25% in Biggest Initial Public Offering Since Late 2021

Shares of U.K. chip designer Arm Holdings rose 10% in their stock market debut, in what is the largest initial public offering of shares in nearly two years.

UAW Contract With Automakers Set to Expire

UAW contract with major automakers is set to expire and the fallout could be devastating to the U.S. economy.

Johnson & Johnson Is Getting Rid of Its Script Logo After More Than 130 Years

Johnson & Johnson is signing off on a new logo.

X Corp. Wants to Settle Severance Pay Claims

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Delta Airlines to Restrict Access to Sky Club Lounges, Slashes Profit Outlook

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Former Starbucks CEO Howard Schultz Steps Down From Board

Former Starbucks CEO Howard Schultz is stepping down from the company's board of directors as part of a planned transition.

Stocks Jump After Retail Sales, Better-Than-Expected Inflation Reading

Stocks jumped in Thursday's session after positive retail sales data and an inflation reading that was better than expected.

UAW Could Go On Strike Starting Friday

Automakers face a potential strike from workers with only hours left to reach a deal.

UAW Ready To Strike After 'Insulting Offers' From Detroit Automakers

UAW president Shawn Fain said the union would strike at a small number of Ford, General Motors and Stellantis factories, but that if the Big Three "continue to give us insulting offers, then our strike is going to continue to grow."

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