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Mercedes-Benz Cuts Full-Year Outlook
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CNBC - Business
China likely needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.1 hour ago - China -
The New York Times - Business
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.4 days ago - Federal Reserve -
The New York Times - Business
GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back
The company, a spinoff from General Electric, has been plagued by financial losses in its wind unit and, more recently, accidents involving the failure of turbine blades.4 days ago -
The Wall Street Journal - Business
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.5 days ago -
The Wall Street Journal - Tech
Intel CEO Moves to Further Cut Costs and Separate Chip Making and Design
Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.September 16
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The Wall Street Journal - Business
FTC Accuses Drug Middlemen of Inflating Insulin Prices
The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing the firms of inflating the price of insulin.4 days ago -
The Wall Street Journal - Business
Nokia Says German Court Ruled in its Favor Over Amazon Patent Dispute
Nokia had claimed the unauthorized use of its video-related technologies in streaming services and devices by Amazon.4 days ago - Germany -
The Wall Street Journal - Business
Will AI Make Job Recruiting More Efficient---but Less Fair?
We asked readers what they think about companies that are relying more on artificial intelligence to screen candidates. Are the trade-offs acceptable?4 days ago -
The Wall Street Journal - Business
He Worked at the Charlotte Observer. Now He Wants to Buy It.
Local entrepreneur Ted Williams offered a detailed plan to revitalize the paper, complete with a budget.4 days ago -
The Wall Street Journal - Business
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.4 days ago - China