Business Bible Headlines: December 1 @ 4:00PM ET

This is a Business Bible News Headlines for Monday December 1 at 4:05 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, the Dow Jones Industrial Average, S&P 500, and Nasdaq all experience significant declines as December begins on a downbeat note. Bitcoin faces a dramatic plummet, losing thousands of dollars, while major financial moves are made by Goldman Sachs and Nvidia. Additionally, a selloff in treasuries is triggered by global market shifts, and concerns about corporate performance loom large.In overseas trading, the Shanghai Composite leads the way with a move of 25 points. In US markets, the S&P 500 is down 34 points to 6,814, the Dow Jones Industrial Average is down 408 points to 47,307, and the Nasdaq Composite is down 83 points to 23,282. The 10-year Treasury yield is at 4.1%.In commodities, Brent Crude is flat at $59 per barrel, and gold is flat at $4,271 per ounce.Turning to sports news, the Vikings have waived wide receiver Adam Thielen, marking the end of his second stint with the team. In other news, the Cowboys and Lions prepare for a key NFC matchup in Week 14, and Pete Golding steps up as the new permanent coach for Ole Miss football after Lane Kiffin's departure.In entertainment news, Scarlett Johansson defends her ongoing support for Woody Allen, while Paul Walker's daughter honors her father 12 years after his tragic passing. Andy Garcia discusses his role in "Landman" and how it led to a conflict with Billy Bob Thornton. Ariana Grande speaks out against body-shaming and Patricia Heaton shares memories of her late co-star Doris Roberts.Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Fair Value. This principle is found in 1 Chronicles 21–22. The verse reads: "David said to him, 'Sell me your threshing place, so that I can build an altar to the Lord, to stop the epidemic. I'll give you the full price.'" This principle highlights the importance of fair transactions in business dealings and the value of integrity when negotiating prices. In the modern business landscape, maintaining fairness is crucial for building trust with clients and partners, ensuring long-term success and sustainability. Learn more at businessbible.com where Daily News meets Daily Principle.