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Net profit up but revenue down for China’s Sinopec as diesel demand falls
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MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...Yesterday -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.2 days ago -
Financial Times - World
The dramatic decline of China’s innovative start-ups
Urge to control the private sector jeopardises Beijing’s tech ambitions8 hours ago - China -
The Guardian - World
Tokyo demands answers over fatal stabbing of 10-year-old Japanese boy in China
It is unclear if the suspect targeted the boy because he was Japanese, but there is concern that the incident could trigger a further deterioration in ties. Japan’s foreign minister, Yoko Kamikawa, ...20 hours ago - China -
NBC News - Top stories
Japan demands more protection for citizens after 10-year-old boy stabbed to death in China
A 10-year-old student at a Japanese school in China died Thursday after being stabbed on the way to school the day before, Japanese officials said.15 hours ago - China -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...Yesterday - Federal Reserve -
ESPN - Sports
Sources: ACC, Clemson, FSU renew revenue talks
Talks between Clemson, Florida State and the ACC have ramped up in recent weeks, sources told ESPN, on a revenue distribution model based on brand valuation and television ratings in exchange for ...Yesterday -
ESPN - Sports
Kane nets 4, passes Rooney as Bayern score 9
Harry Kane scored four times on Tuesday to bring his Champions League goal total to 34, blowing past the previous record of 30 set by Wayne Rooney for the most goals by an English player in the ...Yesterday
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MarketWatch - Business
FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.1 hour ago -
MarketWatch - Business
This is what the Fed’s interest-rate cut means for distressed companies
This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy attorney.1 hour ago -
MarketWatch - Business
Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.2 hours ago -
MarketWatch - Business
High-yield bond ETF rallies after Fed rate cut as ‘free ride’ in cash ends
Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate cut.3 hours ago - Federal Reserve -
MarketWatch - Business
‘He was in the early stages of dementia’: My father put my brother on the deed to his house. His lawyer had a big conflict of interest. What do we do?
“Should we seek a lawyer to work on our behalf?”3 hours ago