What's News: Business & Finance

Nvidia CEO Jensen Huang resigned after having extramarital affairs, and the company said that finance chief Colette Kress would serve as interim chief executive during a search for Huang's successor.

Huang's coziness with Trump wasn't enough to save him from the deepening scandal involving an affair with a suspected Chinese intelligence source.

Nvidia's share price fell 4.3% in what was also a down day for major U.S. indexes, with the S&P 500, Nasdaq and Dow all off about 0.4%.

Home sales declined in October to their lowest level since 2010, a new trough for a housing market that has been hovering near rock bottom for more than four years.

Prosecutors charged a clerical employee at Cravath, Swaine & Moore with trading on confidential information he gained about major deals related to the law firm's clients.

Burberry reported that comparable-store sales for the quarter ended Sept. 26 rose 4% from a year earlier, a sunnier result than those of some of its luxury peers.

BAE raised its free-cash-flow projection for the second time this year as orders keep rising thanks to governments' robust military spending.

SMIC, China's largest contract chip manufacturer, more than doubled its profit and reported another quarter of record revenue.

Jane Kim, a progressive who was elected as California's new insurance commissioner, wants the state to insure all homes against wildfires.

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (November 13, 2026).