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Business News News 29 October 2025 - 31 October 2025

Jack’s Donuts Bankruptcy Shakes Indiana – 64-Year-Old Doughnut Chain Faces Uncertain Future

Jack’s Donuts Bankruptcy Shakes Indiana – 64-Year-Old Doughnut Chain Faces Uncertain Future

Chapter 11 Filing and What It Means Jack’s Donuts – an Indiana-based donut chain founded in 1961 – stunned local fans and franchisees by filing for Chapter 11 bankruptcy protection in late October 2025 whatnow.com. Chapter 11 is a form of bankruptcy that allows a business to reorganize its finances under court supervision rather than liquidate entirely wrtv.com. In practical terms, this means Jack’s Donuts is not closing its doors. The company will continue operating while it restructures debt and crafts a turnaround plan under oversight of the bankruptcy court. According to federal court records, Jack’s Donuts of Indiana Commissary,
31 October 2025
Exposing AI Bias: 10 Powerful Ways to Fight Algorithmic Discrimination

Tech Roundup Oct 31, 2025: OpenAI’s $1T IPO, Moon Plans, AI Factories & Stock Surge

Looking ahead, analysts expect Q4 tech spending to stay robust on AI and holiday demand reuters.com reuters.com. Nvidia’s booming deals and OpenAI’s funding plans suggest AI investment shows no letup. Intel’s progress and Samsung’s AI factories hint at continued chip innovation. In space, China’s moon ambitions (crew missions by 2030) keep pressure on NASA’s schedule. Regulators, however, warn of tech bubbles – the UK’s Bank of England even flagged AI-fueled stock valuations as a risk theguardian.com. For now, though, tech giants seem confident: higher guidance and big projects suggest more “engine for growth” on the horizon reuters.com reuters.com. Sources: Verified
Core Scientific Rises as Bitcoin Booms and CoreWeave Deal Fails, Focus Shifts to AI Data Centers

Core Scientific Rises as Bitcoin Booms and CoreWeave Deal Fails, Focus Shifts to AI Data Centers

Core Scientific’s stock found itself in focus after the dramatic breakdown of a planned merger. On Oct. 30 shareholders rejected CoreWeave’s $9 billion all-stock bid reuters.com datacenterdynamics.com. Core Scientific said in a press release that it “did not receive the requisite number of votes” and therefore terminated the merger agreement, effective immediately businesswire.com. The result came after weeks of proxy battles: major holder Two Seas Capital (with ~6% of CORZ) led a campaign saying the deal “materially undervalues” Core Scientific reuters.com, and ISS likewise urged a no-vote, reasoning that Core Scientific “has performed well on its own” and can keep growing
Conduent’s Ticket Machine Revolution Debuts in Italy Amid Data Breach Fallout and Market Buzz

Conduent’s Ticket Machine Revolution Debuts in Italy Amid Data Breach Fallout and Market Buzz

Conduent Launches Next-Gen Ticket Kiosk in Italy Conduent’s DOT1 ticket vending machine, now deployed by Italy’s SETA S.p.A., features a multimedia touch-screen interface and supports contactless payments, real-time travel info, and cross-service ticketing businesswire.com. Conduent Business Solutions is making headlines in Europe with the debut of its DOT1 ticket vending machine – a fully digital transit kiosk – now officially in service in Italy. SETA S.p.A., the public transport operator for the provinces of Modena, Reggio Emilia, and Piacenza, has become the first to install and use the next-generation Conduent DOT1 kiosk businesswire.com. This implementation is viewed as a significant
Cambium Networks Stock Jumps on Starlink News as Delisting Looms – Analysts See 385% Upside

Cambium Networks (CMBM) Stock Soars 377% on Starlink Tie-Up — Delisting Threats Loom

Starlink Integration Sends Stock Soaring On Oct 29 Cambium announced that its ONE Network solution now integrates SpaceX’s Starlink LEO satellite internet prnewswire.com. The press release explained this enables “scalable management, visibility, and performance optimization” for enterprise Starlink connections, including multi-WAN bonding, advanced security, and centralized monitoring prnewswire.com benzinga.com. In other words, Cambium customers (e.g. schools, businesses, service providers) can now combine multiple Starlink links into their wired/wireless networks using Cambium’s cnMaestro and NSE platforms. Investors viewed the tie‑up as a game-changer. At market close on Oct 29, CMBM was $2.95, a +377% jump from the prior day stockanalysis.com. (Just
Starbucks (SBUX) Brewing Gains? CEO’s Shake-Up & $5B China Deal Fuel Stock Rally

Starbucks Rebound? Q4 Sales Jump for First Time in 2 Years, Sending Stock Soaring

Starbucks’ surprisingly strong Q4 sales and its renewed focus on customers suggest its “Back to Starbucks” strategy is gaining traction abcnews.go.com ts2.tech. Still, higher costs (coffee-bean prices, tariffs on imports) cut into margins reuters.com. The company suspended guidance, with CFO Smith saying new forecasts will come at an investor event in January reuters.com. In the meantime, analysts note that if Starbucks can sustain this momentum – by winning back customers and controlling costs – the stock may have further room to run. As one UBS analyst put it, investors are watching for an inflection in sales trends next year ts2.tech.
Mastercard Stock Climbs on New Tech, Stablecoin Push and Partnerships

Mastercard’s $2B Crypto Blitz: ZeroHash Acquisition & Stablecoin Push Ignite Stock Hype

Mega-Deals in Crypto Infrastructure According to multiple reports, Mastercard is making one of its largest crypto moves yet. On Oct. 29, 2025 Reuters cited Fortune to say the payment giant is “in late-stage talks” to buy ZeroHash for roughly $1.5–$2 billion reuters.com. Crypto Briefing confirms Mastercard is “set to acquire crypto and stablecoin infrastructure provider ZeroHash for nearly $2 billion” cryptobriefing.com. ZeroHash, co-founded by Edward Woodford and Brian Liston, offers back-end rails that enable banks and apps to integrate crypto features (custody, on/off ramps, tokenized assets, etc.). Its partners include Interactive Brokers, DraftKings, Stripe and others u.today. This deal would
29 October 2025
Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Layoffs Under Ellison’s New Regime Just two months after Skydance Media’s $8+ billion takeover of Paramount Global, the combined company – now Paramount Skydance Corp. – is undertaking one of the entertainment industry’s largest recent staff reductions reuters.com theguardian.com. On Wednesday (Oct. 29), CEO David Ellison kicked off the first phase: roughly 1,000 layoffs across U.S. operations spanning film, TV, streaming, and corporate units reuters.com. Additional cuts bringing the total to about 2,000 jobs eliminated are expected in the coming weeks abcnews.go.com. Ellison, 40, assumed leadership of Paramount Skydance after orchestrating the merger in August, which made him the latest Hollywood mogul
Alaska-Hawaiian Merger Takes Off: Single Operating Certificate and More

Alaska-Hawaiian Merger Takes Off: Single Operating Certificate and More

What This Means for Travelers Behind the scenes, Alaska’s takeoff toward full integration will be mostly transparent to customers. Travel itineraries and loyalty points carry over automatically, and the Hawaiian brand on island‑only routes remains in place airlinegeeks.com. Flight numbers and booking codes have already switched: passengers who booked on HA numbers need do nothing – their flights are now AS flights beatofhawaii.com. Free Wi‑Fi via Starlink (when installed) and an expanded network will be the tangible benefits in the cabin. As Alaska’s CEO put it, the goal is “one combined airline” in terms of systems, safety and service, without
Morgan Stanley Jumps Into Pre-IPO Trading – CEO Ted Pick’s First Big Deal Targets Startup Shares

Morgan Stanley Jumps Into Pre-IPO Trading – CEO Ted Pick’s First Big Deal Targets Startup Shares

Private Markets Boom as Startups Stay Private Longer Morgan Stanley’s EquityZen acquisition comes amid a broader private-market boom on Wall Street. In recent years, cash-rich startups have delayed going public, creating an “iceberg” of hidden value in the private markets. Firms like OpenAI, SpaceX and TikTok-parent ByteDance now hold valuations rivaling the largest public companies, blurring the line between Silicon Valley and the stock market reuters.com. This trend has two big side effects: investors are eager to get in early on the next breakout tech firm, and startup employees are seeking ways to cash out some of their stock awards
29 October 2025
Etsy Stock Plunges as CEO Quits – Depop Exec Takes Over to Revive Growth

Etsy Stock Plunges as CEO Quits – Depop Exec Takes Over to Revive Growth

A Leadership Shake-Up to Navigate an “Inflection Point” Etsy’s CEO transition comes at a pivotal moment for the 18-year-old online marketplace. Josh Silverman has led Etsy since 2017, steering it through a period of rapid pandemic-era growth followed by recent turbulence. His departure, effective end of this year, was announced just ahead of Etsy’s Q3 earnings and caught many by surprise. The company simultaneously unveiled that Kruti Patel Goyal, its current President and Chief Growth Officer, will assume the CEO role on January 1, 2026 moneycontrol.com businessoffashion.com. Goyal will also join Etsy’s board upon taking over. Goyal is a familiar
22nd Century Group (XXII) Soars After $9.5M Windfall, Expands Low-Nicotine Cigarette Rollout

22nd Century Group (XXII) Soars After $9.5M Windfall, Expands Low-Nicotine Cigarette Rollout

$9.5M Insurance Settlement Sparks Rally 22nd Century Group (NASDAQ: XXII) received a substantial $9.5 million cash payout this week from an insurance settlement tied to a November 2022 incident at its Grass Valley facility. The settlement, for business interruption claims, provides a non-recurring cash windfall that immediately bolsters the company’s balance sheet. Shares of XXII surged 39% in post-market trading on Tuesday to about $2.10 on the news benzinga.com, reflecting renewed investor optimism after the stock languished near all-time lows. (Even after the bounce, the micro-cap remains roughly 90% below its year-ago levels.) Management hailed the insurance proceeds as a
29 October 2025
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