Time names its Person of the Year. The magazine's assisting managing editor talks about giving "The Silence Breakers" the title. Facebook is named the best company to work for. The social network topping career site Glassdoor's annual employee choice awards. UPS is warning customers of some delivery delays after those record-breaking Cyber Monday orders. Wal-Mart Stores is changing its legal name to Walmart after nearly 50 years. Bitcoin hits an all-time high of $13,000. Bravo star Katie Maloney talks about the 6th season of "Vanderpump Rules" and her celeb makeup collaboration.
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.
Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash.
Even after inflation has steadily eased this year, the Federal Reserve's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.