Business Bible Headlines: January 2 @ 4:00PM ET

This is a Business Bible News Headlines for Friday January 2 at 4:11 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today’s business headlines, Ken Griffin’s flagship hedge fund at Citadel has risen 10.2% in a volatile 2025, showcasing the resilience and adaptability of hedge funds in fluctuating markets. According to CNBC, the performance reflects strategic investments and a keen understanding of market dynamics. Meanwhile, Saks Global has announced a new CEO as it reportedly prepares for bankruptcy, highlighting the challenges faced by retailers in an ever-changing economic landscape. The news from CNBC indicates a need for strong leadership during difficult times. AMD shares are soaring today, primarily due to increased demand for its technology in artificial intelligence applications, as reported by Yahoo Finance. This surge underscores the growing importance of AI in driving market trends and consumer interest. Berkshire Hathaway shares dipped as Warren Buffett exits and the Greg Abel era begins, revealing the influence of leadership changes on stock performance, as noted by CNBC. Additionally, Red Lobster's CEO is plotting the greatest comeback in the history of the restaurant industry, according to Fortune. This ambitious goal reflects a broader trend in the food service sector where companies are striving for recovery and innovation. Finally, Orsted has filed a legal challenge over President Trump's halt to a $5B offshore wind project, illustrating the ongoing regulatory challenges in the renewable energy sector. In overseas trading, the Shanghai Composite leads the way with a move of 4 points. Global markets are mixed today. In US markets, the S&P 500 is up 13 points to 6,858, the Dow Jones Industrial Average is up 319 points to 48,383, and the Nasdaq Composite is down 5 points to 23,236. The 10-year Treasury yield is at 4.19. In commodities, Brent Crude is down $0 to $57 per barrel, and gold is up $14 to $4,339 per ounce. In sports news, Joshua's driver has been charged by police after a fatal crash, revealing serious legal repercussions for those involved, as reported by ESPN. In entertainment news, Netflix’s Stranger Things series finale has earned between $25M to $28M in movie theaters, marking a successful conclusion to the beloved series, according to Variety. 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 teaches the importance of fair transactions in business and the value of integrity in negotiations. In modern business, ensuring that all parties receive fair value fosters trust and long-term relationships, which are essential for success. Upholding transparency and fairness in all dealings can lead to sustainable business practices and positive community impact. Learn more at businessbible.com where Daily News meets Daily Principle.