business
Giant Santas Are Missing and It’s Ruining Christmas
A shortage of massive lawn ornaments at Home Depot is spreading panic among America’s real-life Clark Griswolds. Source link
Should Walmart Really Be Trading Like a Tech Company?
America’s biggest retailer is growing quickly in e-commerce, and it might advance more as it moves to Nasdaq. Source link
Oil Poised for Weekly Gains on Geopolitical Risks
Oil prices were on track for weekly gains, buoyed by diminishing prospects of a Russia-Ukraine peace deal in the short term and growing tensions between the U.S. and Venezuela. Source link
Equinor Makes North Sea Gas Discoveries
Initial estimates indicate the reservoirs west of Norway could contain 30 million to 110 million barrels of recoverable oil equivalent. Source link
Swiss Re Targets Higher Profit in 2026; Sets Out Buyback Program
The group continues to aim for annual dividend per share growth of 7% or more over next two years and to complement this with an annual share buyback program starting in 2026. Source link
Warner Bros. Discovery and Netflix Enter Exclusive Deal Negotiations
Move comes after the latest round of bids for the media company. Paramount and Comcast also made offers. Source link
Masayoshi Son Hammers Out High-Tech Factories Plan With White House
The SoftBank billionaire is seeking to build “Trump Industrial Parks” on federal land, using hundreds of billions of capital from the Japan trade deal. Source link
Two Types of Shoppers Are Powering Holiday Spending: The Wealthy and Deal-Hunters
People are spending vigorously for the season, but some are making trade-offs to buy gifts and other holiday splurges. Source link
Top Apple Executives to Leave, Adding to Recent Departures
Lisa Jackson, who led sustainability initiatives, will retire in January, and Kate Adams, the company’s general counsel, will retire late next year. Source link
Ulta Beauty Boosts Fiscal-Year Guidance as Third-Quarter Sales Climb
The cosmetics retailer now expects sales of $12.3 billion for the year after posting a quarterly profit of $230.9 million and experiencing growth across all categories and channels. Source link