Australia's oldest department store David Jones folds after 188 years

BBC - Nov 5, 2026

The brand's 38 physical stores and online site will continue to operate while receivers review its operations.

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Elon Musk's millions failed to deliver Republican wins in fierce midterms

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Musk spent nearly $500m in the 2026 US midterm elections, an individual election spending record.

Stocks Rise as Democrats Flip Control of Congress

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Markets traded higher as investors foresaw gridlock in Washington, typically a bullish signal.

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CVS to Split Off Drugstore Business, Ending Its Bigger-Is-Better Era

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SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas

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The world’s richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.

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Drone Boat Maker Saildrone Wins Protest Over Navy Contract

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A federal judge’s ruling on the side of the small defense contractor was a rarity, as most company protests against government bidding decisions do not prevail.

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