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A tiny Colorado town has approved a $120 million purchase of a ski resort on the Ikon Pass - AspenTimes.com
business

A tiny Colorado town has approved a $120 million purchase of a ski resort on the Ikon Pass - AspenTimes.com

A small Colorado town of about 1,500 people is closing in on a deal to purchase a popular ski area on the Front Range. Nederland's board of trustees voted unanimously Tuesday night to approve an asset purchase agreement outlining a $120 million price tag for …

Aspen TimesRyan Spencer
Macy's stores closing 2026: See the new round of store closures - Axios
business

Macy's stores closing 2026: See the new round of store closures - Axios

Macy's liquidation sales at closing stores are expected to start in mid-January, the retailer told Axios.

AxiosKelly Tyko
Trump says he wants government to buy $200 billion in mortgage bonds in a push to bring down mortgage rates - CBS News
business

Trump says he wants government to buy $200 billion in mortgage bonds in a push to bring down mortgage rates - CBS News

President Trump says he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices.

CBS News
Invesco backs this fixed income play, as investors hunt non-U.S. safe havens - CNBC
business

Invesco backs this fixed income play, as investors hunt non-U.S. safe havens - CNBC

Invesco's Alexandra Ivanova flagged this fixed income alternative as investors look to diversify beyond the U.S.

CNBCHugh Leask
Asia markets trade mixed ahead of China inflation data; Uniqlo owner shares jump 7% - CNBC
business

Asia markets trade mixed ahead of China inflation data; Uniqlo owner shares jump 7% - CNBC

Asia-Pacific markets were set to trade higher Friday as investors parse China's inflation data coming out later in the day.

CNBCLee Ying Shan
GM’s EV Charges Balloon to $7.6 Billion as US Demand Craters - Bloomberg.com
business

GM’s EV Charges Balloon to $7.6 Billion as US Demand Craters - Bloomberg.com

General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening US market for EVs.

BloombergDavid Welch
ChatGPT unveils new health tool for doctors - Axios
business

ChatGPT unveils new health tool for doctors - Axios

Physicians can use the new product to access medical research and patient data securely.

AxiosJosephine Walker
Stocks face their first real test of 2026 with Friday’s pivotal jobs report and possible tariff ruling - MarketWatch
business

Stocks face their first real test of 2026 with Friday’s pivotal jobs report and possible tariff ruling - MarketWatch

High valuations raise the stakes for U.S. jobs data to come in just right, according to Sevens Report Research

MarketWatchJoseph Adinolfi, Joy Wiltermuth
Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates - CNBC
business

Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates - CNBC

President Donald Trump said he is "instructing my Representatives" to buy $200 billion in mortgage bonds.

CNBCKevin Breuninger, John Melloy
Silver Extends Drop as Traders Brace for Wider Index Rebalancing - Yahoo Finance
business

Silver Extends Drop as Traders Brace for Wider Index Rebalancing - Yahoo Finance

Passive tracking funds are selling precious metals futures from Thursday to match new weightings required by the indexes — a usually routine process that has...

Yahoo EntertainmentYihui Xie and Jack Ryan
Illumina Appoints Dr. Eric Green as Chief Medical Officer - Illumina
business

Illumina Appoints Dr. Eric Green as Chief Medical Officer - Illumina

Illumina.com
GM reports $6 billion hit from now-unused EV investments - The Detroit News
business

GM reports $6 billion hit from now-unused EV investments - The Detroit News

GM has been shaken by the end of a $7,500 tax credit for new EV buyers and lessees, plus a pullback on federal rules on greenhouse gas emissions.

The Detroit NewsSummer Ballentine
Why a Chinese Robot Vacuum Company Spun Off Not One but 2 EV Brands - WIRED
business

Why a Chinese Robot Vacuum Company Spun Off Not One but 2 EV Brands - WIRED

The pivot doesn’t look out of place at CES, where Chinese electronics companies are increasingly applying their manufacturing prowess to new industries.

WiredZeyi Yang
Trump says he'll block defense contractor stock buybacks. Here's what his executive order actually does. - Business Insider
business

Trump says he'll block defense contractor stock buybacks. Here's what his executive order actually does. - Business Insider

Defense Secretary Pete Hegseth now has leverage over defense contractors' financial decisions, from executive comp to shareholder payouts.

Business InsiderJacob Shamsian
business

Statement regarding Glencore plc (“Glencore”) - Rio Tinto

Riotinto.com
GM takes $6 billion hit as cost of backing away from EVs - CNN
business

GM takes $6 billion hit as cost of backing away from EVs - CNN

General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back on its electric vehicle plans.

CNNChris Isidore
Inside Daniel Lurie’s handling of Waymo crisis during S.F. power outages - San Francisco Chronicle
business

Inside Daniel Lurie’s handling of Waymo crisis during S.F. power outages - San Francisco Chronicle

Mayor Daniel Lurie’s texts with Waymo CEO Tekedra Mawakana show how he sought to end the robotaxi traffic chaos during San Francisco's PG&E power outages.

San Francisco ChronicleRachel Swan, J.D. Morris
Merck in talks to buy biotech Revolution Medicines, FT reports - Yahoo Finance
business

Merck in talks to buy biotech Revolution Medicines, FT reports - Yahoo Finance

Jan 8 () - Merck is in talks to ​buy cancer drug developer ‌Revolution Medicines, the Financial Times ‌reported on Thursday, citing people familiar with the...

Yahoo EntertainmentReuters
Merck in talks to buy cancer drugmaker Revolution Medicines for up to $32bn - Financial Times
business

Merck in talks to buy cancer drugmaker Revolution Medicines for up to $32bn - Financial Times

US company is attempting to acquire the maker of a new treatment for pancreatic cancer

Financial TimesPatrick Temple-West, Oliver Barnes
Merck in talks to buy cancer drugmaker Revolution Medicines - Financial Times
business

Merck in talks to buy cancer drugmaker Revolution Medicines - Financial Times

US company is attempting to acquire the maker of a new treatment for pancreatic cancer

Financial TimesPatrick Temple-West, Oliver Barnes