Government shutdown looms as House fails to pass funding bill championed by Musk and Trump
House Speaker Mike Johnson and Elon Musk. The House of Representatives on Thursday failed to pass a stripped-down spending bill following a tumultuous 48 hours on the Hill, pushing the government closer to a partial shutdown right before the holidays. Republicans in the House said they had settled on a new version of the continuing…
FedEx is spinning off its freight business
FedEx announced FedEx Freight after the stock market closed Thursday. FedEx is spinning off its freight arm into a new publicly traded company. Called FedEx Freight, the new company will handle large cargo, while FedEx will continue to handle the parcel shipping business that shoppers might be more familiar with as their holiday packages arrive.…
What Nissan dealers want most from a potential Honda partnership: hybrids
Nissan dealers are desperate for hybrids. They say they’re losing customers to Honda and Toyota. A potential tie-up between Nissan and Honda could solve one big problem for Nissan: a lack of hybrids. That’s what dealers who spoke with B-17 said this week amid reports that the Japanese automakers are in talks to create a…
Google cut manager and VP roles by 10% in its efficiency push, CEO Sundar Pichai said in an internal meeting
Google CEO Sundar Pichai. Google has cut its number of top management roles by 10% in its yearslong push for efficiency, CEO Sundar Pichai told employees Wednesday in an all-hands meeting. Pichai said Google had made changes over the past couple of years designed to simplify the company and make it more efficient, according to…
How to make the best holiday cookies, according to chefs
There are certain tricks to making the perfect holiday cookies. Whether baking for yourself or as a gift for family and friends, you may find that sometimes your oven can be your worst enemy when you’re baking cookies. To make your winter baking a breeze, B-17 spoke with chefs to get their best tips and…
Luigi Mangione — now in solitary confinement — could join the same jail unit as Diddy and SBF as soon as Monday
Sam Bankman-Fried, Luigi Mangione, and Sean “Diddy” Combs Luigi Mangione is being held in a 9-by-7 foot solitary confinement cell at the federal jail in Brooklyn that also houses rap mogul Sean “Diddy” Combs and crypto-currency fraudster Sam Bankman-Fried, B-17 has learned. The trio could be living together in the same 15-man protective custody unit…
Apple faces calls to remove new AI notification feature on iPhones after it generated inaccurate news summaries
A new generative AI feature in iOS 18.2 has drawn backlash for inaccurately summarizing some news alerts. Apple is facing backlash over one of its newest generative AI features. The feature, available in the latest iOS 18.2 update, summarizes groups of notifications from an app on a user’s iPhone to give them a quick rundown…
Big Lots says it will hold going-out-of-business sales at its remaining stores as it tries to find a buyer
Big Lots says it does not expect the going out of business sales will preclude it from negotiating a new deal, which it hopes to achieve by early January. The fate of Big Lots is getting down to the wire. The discount retailer said Thursday that it will hold going-out-of-business sales at its remaining stores…
The market’s top stocks need to keep winning to hold back a ‘stealth correction,’ Bank of America says
With investors souring on the outlook for interest rates in 2025, it’s up to the market’s most dominant stocks to keep the party going and avoid sparking a correction, Bank of America said. Risk appetite has become “suddenly twitchy” as investors’ uber-bullishness came face-to-face with the Federal Reserve’s toned-down view on rate cuts next year.…
