This is a Business Bible News Headlines for Wednesday November 26 at 8:09 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's top business headlines, HP announces significant job cuts as the company's profit outlook fails to meet estimates, raising concerns about its future performance. Meanwhile, Asian stocks are poised to extend gains amid hopes for a Federal Reserve interest rate cut, with the Nikkei leading the way in overseas markets. In technology news, Google is emerging as a formidable player in the global AI race, while Nvidia shares tumble amid signs that Google is gaining the upper hand. Additionally, Alibaba's stock has surged following strong cloud growth powered by artificial intelligence. Finally, the U.S. markets are showing positive momentum, with notable increases in the S&P 500 and Dow Jones. In overseas trading, the Shanghai Composite is down 4 points. In U.S. markets, the S&P 500 is up 60 points to 6,766, the Dow Jones Industrial Average is up 665 points to 47,114, and the Nasdaq Composite is up 154 points to 23,026. The ten-year Treasury yield is at 4%. In commodities, Brent Crude is down $1 to $57 per barrel, and gold is up $97 to $4,189 per ounce. In sports news, Colorado State is expected to hire UConn's Jim Mora as the next head coach, while in entertainment, Variety explores the future of the 'Knives Out' franchise with its creators, Rian Johnson and Ram Bergman. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Impartial. This principle is found in Exodus 23–6. The verse reads: 'Do not deny justice to a poor person when he appears in court.' This principle teaches modern businesses the importance of fairness and equity, especially in management decisions. Fair treatment of all employees, regardless of their background or financial status, fosters a positive work environment and enhances company reputation. It’s crucial for leaders to ensure that justice prevails within their organizations. Learn more at businessbible.com where Daily News meets Daily Principle.
