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Stocks book records as Fed announces taper U.S. stock indexes climbed to record highs Wednesday as traders digested the news that the Federal Reserve will begin tapering its asset purchases later in November. via FOX BUSINESS NEWS https://ift.tt/3BAz27W

Chinese spy convicted for attempting to steal US trade secrets A spy for China’s Ministry of State Security was convicted on Friday for attempting to steal trade secrets from General Electric and other U.S. aviation firms, the Justice Department announced. via FOX BUSINESS NEWS https://ift.tt/3BPeB7w

Pelosi plans House vote on $1.2 trillion infrastructure bill Friday despite progressive opposition House Speaker Nancy Pelosi and her leadership team Friday doubled down on a plan to put the bipartisan infrastructure bill and a procedural rule for Democrats' reconciliation bill up for a vote despite not having the votes for final passage of the reconciliation bill. via FOX BUSINESS NEWS https://ift.tt/2ZVZKva

Democrats push tax break for high-income earners in last-minute social spending package revision In a late Thursday night revision to President Biden’s social spending package, Democrats included a provision that would raise the itemized deduction cap for state and local taxes (SALT), a move analysts argue will only benefit high-income earners. via FOX BUSINESS NEWS https://ift.tt/3GYxQPu

AOC attacks moderate Dem who says he will oppose controversial spending package Rep. Alexandria Ocasio-Cortez, D-N.Y., had a derisive response Friday after one of her fellow Democrats said he would vote to kill the spending package pushed by others in the party. via FOX BUSINESS NEWS https://ift.tt/31tWK9r

OSHA COVID mandate warns lying about vax status punishable by $10K fine, up to 6 months in prison The Occupational Safety and Health Administration's new vaccine requirement for businesses with more than 100 employees warns of a potential $10,000 fine and up to six months of imprisonment for individuals who lie about their vaccination status. via FOX BUSINESS NEWS https://ift.tt/3BRSj4V

Pelosi forced to abandon Friday vote on immense social spending bill amid resistance from moderates House Speaker Nancy Pelosi moved to save face with a procedural vote on Democrats' reconciliation bill Friday after an effort to pass it stalled yet again after a small group of moderates demanded the House wait for scores from the Congressional Budget Office. via FOX BUSINESS NEWS https://ift.tt/3qdjipo

Biden Energy Sec. Granholm laughs at question about boosting oil production: 'That is hilarious' Energy Secretary Jennifer Granholm on Friday laughed at a question about boosting America's domestic oil production, calling it “hilarious.” via FOX BUSINESS NEWS https://ift.tt/3o2tOgv

Build Back Better Act: Immigration provision grants 5-year parole to some migrants, shielding from deportation A new provision in Democrats' Build Back Better social spending plan would grant parole to immigrants who entered the U.S. illegally more than 10 years ago to shield them from being deported. via FOX BUSINESS NEWS https://ift.tt/3kuT3Y3

McCarthy says Pelosi's push to quickly pass spending bill shows Dems didn't learn from elections this week House Minority Leader Kevin McCarthy said Democrats aren't listening to voters by trying to advance their "irresponsible" spending plan. via FOX BUSINESS NEWS https://ift.tt/3wkklom

CBO score on reconciliation bill could take until Thanksgiving as Biden, Pelosi scramble for votes If a handful of House moderates stick to their demand that the chamber wait until a CBO score comes out to pass the bipartisan infrastructure bill, there won't be a vote until the week of Thanksgiving. via FOX BUSINESS NEWS https://ift.tt/3q6Mr5D

Kroger, like Walmart, hit by fake crypto press release Kroger says it was hit with a fake press release falsely claiming the nationwide grocer would be accepting Bitcoin Cash via FOX BUSINESS NEWS https://ift.tt/3mPvomu

Biden's social spending, infrastructure bills on track for House votes Friday Democratic leaders are on track to bring both President Biden’s social spending bill and the bipartisan infrastructure bill up for votes on Friday following weeks of intense negotiations with progressive and moderate holdouts. via FOX BUSINESS NEWS https://ift.tt/31yOG7B

GOP lawmakers say 'moronic' global tax minimum puts American businesses at a disadvantage The party-defining debate between Democrats and Republicans on corporate tax rates took center stage Thursday, with GOP House lawmakers calling President Biden’s Made in America Tax Plan “moronic.” via FOX BUSINESS NEWS https://ift.tt/3bYhacZ

Sec. Raimondo: Public pre-K will lead to fewer 'help wanted' signs Commerce Secretary Gina Raimondo on Thursday said public preschool programs will lead to fewer "help wanted" signs by boosting female employment rates. via FOX BUSINESS NEWS https://ift.tt/2ZW5xQZ

Democrats' spending bill could give four weeks of paid leave to people without jobs The provision in question is buried deep in the bill sewn together by House Democrats as they desperately try to get legislation across the finish line after a GOP trouncing at the polls on Tuesday. via FOX BUSINESS NEWS https://ift.tt/3bFJPD9

Bitcoin price turns around snapping recent skid via FOX BUSINESS NEWS https://ift.tt/31zgKaU

Stock futures trade lower ahead of October jobs report via FOX BUSINESS NEWS https://ift.tt/3mNiR2Z

Airbnb reports $834M profit as revenue soars via FOX BUSINESS NEWS https://ift.tt/3o1zjMh

Boeing shareholders reach settlement in 737 MAX board oversight suit via FOX BUSINESS NEWS https://ift.tt/3ka0Yd4

News Corp profit surges on gains in real estate, book publishing, news media via FOX BUSINESS NEWS https://ift.tt/3nZxVd9

Peloton shares skid as pandemic-related uncertainty weighs on outlook Shares of Peloton have plunged as much as 30% in after-hours trading Thursday after the fitness equipment giant cut its full-year 2022 guidance due to a slow start to the second quarter and "challenged visibility" in its near-term operating performance as a result of uncertainty related to the COVID-19 pandemic. via FOX BUSINESS NEWS https://ift.tt/3q82SyH

Profit miss and Portnoy allegations taint Penn National shares Penn National Gaming’s stock plunged 21% in trading Thursday following a lukewarm earnings report and the publication of an article accusing Barstool Sports founder Dave Portnoy of sexual misconduct. via FOX BUSINESS NEWS https://ift.tt/3BR8mjf

NYC mayor-elect Eric Adams wants first 3 paychecks in bitcoin New York City Mayor-elect Eric Adams pledged Thursday that he would accept his first three paychecks in bitcoin when he formally takes office next year. via FOX BUSINESS NEWS https://ift.tt/3ka1Dei

Biden spending bill: Hoyer puts House on alert to be ready to return within an hour's notice House Majority Leader Steny Hoyer, D-Md., said Thursday that lawmakers will receive one hour’s notice prior to any vote later this evening on President Biden’s spending and infrastructure bills. via FOX BUSINESS NEWS https://ift.tt/3nYuFyJ

West Hollywood OKs highest minimum wage hike in the country The West Hollywood City Council voted Wednesday evening in favor of increasing the city's minimum wage to $17.64 an hour, bumping another California city for the highest in the country. via FOX BUSINESS NEWS https://ift.tt/3BLOs9w

Pelosi says Dems 'proceeding' with Biden spending bill, but no update on vote timing House Speaker Nancy Pelosi said Thursday that Democratic lawmakers were “proceeding” with President Biden’s social spending bill, a declaration she made despite lingering disagreements on the legislation. via FOX BUSINESS NEWS https://ift.tt/2ZMTFAB

Rep. Luetkemeyer says voters ‘mad as the dickens’ at Biden policies crippling 'Main Street' America Rep. Blaine Luetkemeyer said Virginia's election results show voters are "mad as the dickens" at policies put forward by the Biden administration and congressional Democrats. via FOX BUSINESS NEWS https://ift.tt/3k8Rkap

Nvidia riding Metaverse wave with crucial chip production U.S. Bank wealth management CIO Eric Freedman and Sarge986 president Stephen Guilfoyle weigh in on tech sector movement. via FOX BUSINESS NEWS https://ift.tt/2YktO2E

NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts NASA's Crew-2 astronauts will be unable to use the toilet on SpaceX's Dragon spacecraft when they return home from the International Space Station in November. via FOX BUSINESS NEWS https://ift.tt/3EOyMEb

Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it' Miami Mayor Francis Suarez explains what prompted him to want to accept his entire salary in bitcoin. via FOX BUSINESS NEWS https://ift.tt/2ZS06mw

Bezos' Blue Origin loses NASA lawsuit; win for Musk’s SpaceX A Federal Court of Claims judge ruled against Blue Origin on Thursday, dismissing the case and the claims of safety concerns. via FOX BUSINESS NEWS https://ift.tt/3EN7D4y

White House snubbed by OPEC, exploring options The White House is exploring its options after OPEC+, a group of the world’s largest energy producers, moved ahead with planned production increases, ignoring President Biden’s plea to pump out more oil. via FOX BUSINESS NEWS https://ift.tt/3wnWJPR

Manchin: U.S. has already spent more on COVID-19 than it did on World War II Sen. Joe Manchin, D-W.Va., explained his hesitance to vote for more spending in President Biden's Build Back Better plan by noting that the United States has already spent more money amid the COVID-19 pandemic than it did in fighting World War II, in today's dollars. via FOX BUSINESS NEWS https://ift.tt/3k5plIG

Miami mayor to accept entire salary in bitcoin Miami Mayor Francis Suarez, who just secured a second term this week, said he will accept his entire salary in bitcoin. via FOX BUSINESS NEWS https://ift.tt/3whdTyq

OSHA vaccine mandate to hit large employers Jan. 4, with hefty fines for noncompliance The Occupational Safety and Health Administration (OSHA) is giving employers with more than 100 employees a Jan. 4 deadline to comply with President Biden's COVID-19 vaccine mandate and threatening thousands of dollars in fines for defiant businesses via FOX BUSINESS NEWS https://ift.tt/3wjxkXI

Amid supply chain woes, over 80 House members tell Buttigieg to implement program for truck drivers under 21 Over 80 total bipartisan House members are telling Transportation Secretary Pete Buttigieg to allow truckers under 21 years old to cross state lines. via FOX BUSINESS NEWS https://ift.tt/3oeWza3

Amazon unveils job tool for military employees and spouses EXCLUSIVE: Amazon on Thursday launched a new tool that will allow its military spouse employees to keep their jobs after they move on military orders. via FOX BUSINESS NEWS https://ift.tt/3BMGUTM

Fox Business Flash top headlines for November 4 Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com. via FOX BUSINESS NEWS https://ift.tt/3eS1Dw6

Nintendo's profits decline following last year's pandemic boost Japanese video game maker Nintendo's profit dropped 19% in the first half of its fiscal year from the previous year, when it received a big lift as people stuck at home by the coronavirus pandemic turned to its products. via FOX BUSINESS NEWS https://ift.tt/3k4mAHH

Nintendo cuts Switch sales forecast 6%; says can't fulfill holiday demand via FOX BUSINESS NEWS https://ift.tt/2YfR7ul

Stocks seek record day after Fed announces taper U.S. stock futures were mixed Thursday, a day after the major averages closed at record highs following the Federal Reserve announcing plans to begin tapering asset purchases. via FOX BUSINESS NEWS https://ift.tt/3mG4kGi

Facebook slammed for stifling 'wrong-think' on climate change Facebook has gotten more aggressive in promoting claims about a climate change consensus, adding fact-check-style “information” notes to various posts. Climate experts have condemned the move, attacking the study on which the claim of “consensus” is based and faulting Facebook for becoming an Orwellian thought police. via FOX BUSINESS NEWS https://ift.tt/3BEUt7L

Google to pursue Pentagon cloud-computing contract Google is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid process in the face of employee protests. via FOX BUSINESS NEWS https://ift.tt/3GOJZql

Bitcoin price slips as Ether comes down from record via FOX BUSINESS NEWS https://ift.tt/3GQaF9Z

Stock futures trade tentatively following Fed taper decision via FOX BUSINESS NEWS https://ift.tt/3GOZtdX

Toyota lifts annual profit outlook on a weaker yen via FOX BUSINESS NEWS https://ift.tt/3nYGPaO

Freight trains could help decongest the Port of Long Beach The Port of Long Beach, the Utah Inland Port Authority, and Union Pacific Railroad announced a new partnership aimed at rapidly evacuating cargo from terminals in Long Beach to Salt Lake City for further distribution throughout western states. via FOX BUSINESS NEWS https://ift.tt/2YcDlZq

MGM plans to sell Mirage operations in Las Vegas MGM Resorts International said it would sell its operations of The Mirage to another operator, part of a rash of deals that are changing the hands of ownership on the Las Vegas Strip. via FOX BUSINESS NEWS https://ift.tt/3mGNsPv

Qualcomm posts record sales amid surging demand for 5G smartphones Qualcomm Inc. posted record quarterly sales and forecast further growth amid surging demand for 5G smartphones in the face of supply-chain constraints. via FOX BUSINESS NEWS https://ift.tt/2ZQrjoY