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PayPal Applies to Establish Bank
WSJ· 2025-12-15 22:05
The payments company said it had filed applications with the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to establish PayPal Bank. ...
U.S. Stocks Slump Ahead of Jobs Data
WSJ· 2025-12-15 21:36
A slump in Broadcom and other AI-related stocks weighed on the tech-heavy Nasdaq composite. ...
Stellantis Hits Milestone of 1,000 Hires for Windsor, Ontario Plant
WSJ· 2025-12-15 21:06
The automaker said it hopes to add 1,500 jobs for a third shift at the Windsor Assembly Plant to launch early next year as it looks to meet anticipated demand for Dodge Chargers and Chrysler minivans. ...
Ford Takes $19.5 Billion Charge to Write Down EV Investments
WSJ· 2025-12-15 21:00
The sum is among the largest impairments taken by a company and marks the U.S. auto industry's biggest reckoning to date that it can't realize its electric-vehicle ambitions anytime soon. ...
Luminar Technologies Files for Bankruptcy
WSJ· 2025-12-15 18:11
The company plans to sell its Luminar Semiconductors subsidiary to Quantum Computing for $110 million. ...
NY Attorney General Sues UPS for Underpaying Seasonal Workers
WSJ· 2025-12-15 17:56
Letitia James ordered UPS to pay restitution to current and former seasonal workers, alleging that its practices deprived workers of millions of dollars. ...
Rival Kingpins of Russian Oil Trade Hit by EU Sanctions
WSJ· 2025-12-15 15:42
The two traders were targeted in a big swing by the bloc at a clandestine market that has bankrolled Moscow's war against Ukraine. ...
Canada Inflation Steadies at 2.2% in November
WSJ· 2025-12-15 14:06
Core Insights - Consumer price growth in Canada remained stable last month, indicating a balance in the overall inflationary environment [1] Group 1: Consumer Services and Grocery Costs - Consumers experienced a decrease in service costs, contributing to the stability in consumer price growth [1] - Grocery costs saw the sharpest increase since the end of 2023, highlighting a significant pressure point for consumers [1] Group 2: Fuel Prices - Prices at the pump declined, but the reduction was less pronounced compared to previous months, suggesting a potential area of concern for consumers [1]
The Cult of Kohl's Cash
WSJ· 2025-12-15 10:30
Core Insights - Some shoppers are highly focused on maximizing returns from retailer rewards programs, indicating a trend towards consumer engagement with loyalty incentives [1] Group 1 - The obsession with rewards programs suggests that retailers may need to enhance their offerings to retain customer interest and loyalty [1] - This behavior reflects a broader consumer trend where maximizing value from purchases is prioritized, potentially influencing shopping habits and retailer strategies [1]
Juventus Shares Climb After Agnellis' Holding Rejects Bid From Crypto Firm Tether
WSJ· 2025-12-15 10:27
Juventus Football Club shares climbed after the holding company of Italy's Agnelli family rejected an offer from cryptocurrency issuer Tether for its majority stake. ...