Franklin Templeton Hit by Record Outflows
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Trump and Harris make final push to break US election deadlock
Presidential candidates descend on Pennsylvania as polls in most crucial swing state show a dead heatBusiness - Financial Times - 3 hours ago -
How violence became a theme of America’s election
Voters are on edge after a campaign season characterised by ‘unprecedented’ levels of extreme rhetoricBusiness - Financial Times - 9 hours ago -
Franklin Templeton hit by record outflows as clients ditch troubled Western unit
SEC probe and poor returns prompt withdrawals just as group’s rivals are benefiting from a rush into bondsWorld - Financial Times - October 28 -
Franklin Templeton hit by further outflows in wake of Western probe
US asset manager says group revenue and income will be weighed down by troubles at unitBusiness - Financial Times - 9 hours ago -
Franklin Templeton CEO says focus is on 'doing what's right' for clients amid SEC probe
Franklin Templeton's largest subsidiary, Western Asset Management, saw $37 billion in outflows in the last three months.Business - CNBC - 4 days ago -
China’s Car and Ship Exports Hit Record Despite Slowing Trade
World - Yahoo News - October 15 -
Lufthansa hit with record penalty after barring Jewish passengers
The German airline has agreed to pay $4m to resolve claims it discriminated against Jewish passengers.Top stories - BBC News - October 15 -
Yahya Sinwar: the ruthless architect of Hamas’s October 7 attack
Fugitive militant who spent decades in jail has been killed in GazaBusiness - Financial Times - October 17 -
Trump hawks merchandise as White House race enters final stretch
Republican candidate cashes in on fame to sell pieces of his suits, branded jewellery and footwear and his imageBusiness - Financial Times - October 17 -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20 -
UK music exports hit record £775mn but growth slows
Competition intensifies from US, South Korea and Latin AmericaWorld - Financial Times - October 21 -
Chinese share buybacks hit record high as Beijing steps up support
Policymakers push companies to return cash to shareholders as they try to revive flagging stock marketBusiness - Financial Times - October 21 -
MLS attendance and sponsorship revenue hit regular season records
Major League Soccer saw growth in regular season attendance and sponsorship revenue after implementing a new performance team. Lionel Messi helped, too.Business - CNBC - October 22 -
Celtics tie 3-point record, hit 'lid' pursuing mark
The Celtics spent the end of Tuesday's win over the Knicks attempting to break the NBA's single-game 3-point record after tying it with 29 early in the fourth quarter.Sports - ESPN - October 23 -
U.S.-Mexico cross-border trucking traffic hits a record ahead of election
Trucking data shows that cross-border trade between Mexico and the U.S. has reached a record this year, with heavy cargo volumes headed to U.S. retailers.Business - CNBC - October 23 -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
New chancellor, new rules
Plus, Trump’s row with LabourWorld - Financial Times - October 25 -
Planet-heating pollutants in atmosphere hit record levels in 2023
Carbon dioxide concentration has increased by more than 10% in just two decades, reports World Meteorological Organization. The concentration of planet-heating pollutants clogging the atmosphere ...World - The Guardian - October 28 -
Apple Sales Hit Quarterly Record as iPhone Business Rebounds
Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that came ahead of its release of new artificial-intelligence tools.Business - The Wall Street Journal - 4 days ago -
PSU's Franklin apologizes for leaving reporters
Speaking after Penn State's 28-13 victory over Wisconsin on Saturday, Nittany Lions coach James Franklin apologized for walking away from the microphone Wednesday when asked about two former ...Sports - ESPN - October 27 -
Nvidia hits new record as US ‘soft landing’ hopes drive tech rebound
Renewed confidence over health of world’s biggest economy brings fresh momentum to megacap stocksWorld - Financial Times - October 14 -
Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
Nvidia's gains in share price lifted its market value to top $3.4 trillion, unseating Microsoft as the second most valuable company on Wall Street.Business - CNBC - October 15 -
Spirit Airlines extends debt refinancing deadline hours before expiration
Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.Business - CNBC - October 18 -
These 6 charts suggest investors should proceed with caution as S&P 500 hits 47th record high of 2024
Some say investors are growing too complacent as the bull market shows no signs of slowing down.Business - MarketWatch - October 19 -
Gold’s record-breaking run comes as stocks hit fresh highs. Is it too late for investors?
Gold is on a tear, rising repeatedly to never-before-seen price levels this year — and its rally shows few signs of a slowdown anytime soon thanks to demand from central banks and falling real ...Business - MarketWatch - October 19 -
Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...World - The Guardian - October 21 -
Gold hits record high as rate cuts and Middle East tensions fuel demand
Gains of 40% in past year spark predictions of rally to $3,000 a troy ounceBusiness - Financial Times - October 21 -
'New bullish phase'? As gold hits another high, analysts say more records are in sight
Gold is now in a new bullish phase after prices hit a record high, said Sprott Asset Management, echoing other bullish calls for the bullion to scale new highs.Business - CNBC - October 22 -
Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live
Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...World - The Guardian - October 23 -
Disadvantaged pupils miss out as university entry gap hits record level in England
Social mobility experts warn of ‘ticking time bomb’ left by pandemic and cost of living crisisWorld - Financial Times - October 24 -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - October 25 -
‘I wanted a hit!’ Bryan Ferry on recording Slave to Love in Bette Midler’s house
‘Its first performance was at Live Aid. The drummer broke his kit, the bass was in a different tuning, David Gilmour’s guitar wasn’t working – and my mic was inaudible’. I’m not a musical ...World - The Guardian - October 28 -
Home prices hit a new record high, but the pace of growth is slowing significantly and ‘showing signs of strain’
Case-Shiller 20-city home price index rose 5.2% year-on-year in August.Business - MarketWatch - 6 days ago -
Franklin refuses comment on PSU rape charges
Penn State coach James Franklin declined to answer questions after two of his former players were accused by police of raping a 17-year-old girl in July.Sports - ESPN - October 24 -
Electric Motors Are About to Get a Major Upgrade Thanks to Benjamin Franklin
Electrostatic motors are in testing and have massive potentialTech - The Wall Street Journal - October 18 -
PSU's Franklin after another big loss: 'I own it all'
Following Penn State's disappointing home loss to Ohio State on Saturday, Nittany Lions coach James Franklin said, "There's nobody that's looking in the mirror harder than I am."Sports - ESPN - Yesterday -
WATCH: James Franklin calls viral Penn State fan who ran out of tunnel with USC
Franklin loved the passion from this Nittany Lions superfanSports - CBS Sports - October 17 -
Penn State's James Franklin: QB Drew Allar might be gametime decision vs. No. 4 Ohio State on Saturday
Coach James Frankin said the timeline on Allar's recovery will likely go right up to Saturday's 12 p.m. ET kickoff.Sports - Yahoo Sports - October 28