This is a Business Bible News Headlines for Friday December 5 at 8:02 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, we see a positive start for US and European stock futures as investors await key inflation data. According to Bloomberg, US and European stock futures are showing an upward trend as anticipation builds for the upcoming Personal Consumption Expenditures data, a critical indicator of inflation. This optimism is reflected in the markets as traders prepare for potential volatility. In artificial intelligence news, Axios reports that DeepMind's CEO, Demis Hassabis, has warned that some dangers associated with AI are already becoming a reality. He emphasizes the need for responsible development and usage of AI technologies to mitigate risks. Meanwhile, the Chicago Tribune has initiated legal action against Perplexity, as noted by TechCrunch, highlighting concerns over copyright issues related to the use of its content. In other news, Apple is experiencing a shake-up in its executive ranks, with the departure of its general counsel and policy head, as reported by TechCrunch. This comes at a time when the company is navigating complex regulatory landscapes. Finally, Nvidia's CEO, Jensen Huang, has reportedly succeeded in the battle against AI chip restrictions, according to Barron's, which could have significant implications for the company's future growth and innovation. In the US markets today, the S&P 500 is up 8 points to 6,857, while the Dow Jones Industrial Average is down 27 points to 47,854. The Nasdaq Composite is up 54 points to 23,508. Additionally, the ten-year Treasury yield is at 4.11. In commodities, Brent Crude is flat at $59 per barrel, and gold is up $44 to $4,255 per ounce. In overseas trading, the Shanghai Composite leads the way with a move of 26 points. The Nikkei is down 572 points, while the FTSE 100 is up 5 points and the DAX is up 171 points. In sports news, Sports Illustrated reports that the Dallas Cowboys' season has been affected by a pivotal trade involving Micah Parsons, impacting their playoff aspirations. In entertainment, Variety discusses the recent defense of actor Paul Dano by director Matt Reeves following negative comments from Quentin Tarantino regarding Dano's acting skills. Today's Daily Principle is LEADERSHIP, specifically dealing with Wisdom. This principle is found in Romans 11–33. The verse reads: 'How great are God's riches! How deep are his wisdom and knowledge! Who can explain his decisions? Who can understand his ways?' This principle reminds us that in business, wisdom is paramount. Leaders must seek deep understanding and knowledge to navigate complex decisions and lead effectively. Embracing this wisdom can lead to greater success and fulfillment in our endeavors. Learn more at businessbible.com where Daily News meets Daily Principle.
