Peloton Narrows Losses As Sales Fall Less Than Forecast
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How Thames Water can avoid nationalisation
Without fresh equity the UK utility would have to slash costs and investment and focus squarely on cash preservationFinancial Times - Business -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
Suns: Loss to Wemby-less Spurs 'unacceptable'
The Suns suffered an "unacceptable" loss to the Spurs sans rookie sensation Victor Wembanyama on Monday night, coach Frank Vogel said.ESPN - Sports -
Chemours Responds to Regulators, Prosecutors About Internal Audit
In its annual filing the company said that its lack of internal control was partially a result of senior management failing to set an appropriate tone, specifically related to the delayed payments.The Wall Street Journal - World -
Minnesota Timberwolves Sale Takes Dramatic Turn
A group led by entrepreneur Marc Lore and retired ballplayer Alex Rodriguez had been in line to buy the NBA franchise. Then the current owner spiked the deal.The Wall Street Journal - World -
Walgreens Boots Alliance Posts Higher 2Q Sales, Narrows Earnings Guidance
The pharmacy chain posted adjusted earnings of $1.20 a share, compared with analysts’ expectations of 82 cents a share.The Wall Street Journal - World -
Walgreens Boots Alliance Posts Higher 2Q Sales, Narrows Earnings Guidance
The pharmacy chain posted adjusted earnings of $1.20 a share, compared with analysts’ expectations of 82 cents a share.The Wall Street Journal - Business -
B&Q owner Kingfisher forecasts profits to fall this year
London-listed group strikes cautious note on DIY marketFinancial Times - Business -
We're Working Less Than We Used to, and That's OK
More workers—and employers—are getting the benefits of a quasi-four-day week than it appears.The Wall Street Journal - World -
AMC shares fall 14% after movie-theater chain announces $250 million stock sale
Shares of AMC Entertainment Holdings Inc. fell 14.3% in Thursday’s session after the movie-theater chain and original meme stock filed to sell up to $250 million of stock.MarketWatch - Business -
Minnesota Timberwolves sale to Alex Rodriguez and Marc Lore falls apart
Alex Rodriguez and Marc Lore planned to acquire a majority stake in the NBA's Minnesota Timberwolves and the WNBA's Lynx.CNBC - Business -
Elite sportswomen chasing medals on 'less than minimum wage'
Elite British sportswomen share their experiences on the cost of living crisis, maternity and social media trolling as part of a BBC study.BBC News - Top stories -
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer's sales higher in February.
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer’s sales higher in February.The Wall Street Journal - World -
Timberwolves sale drama: Alex Rodriguez, Marc Lore fire back after owner says NBA team is 'no longer for sale'
Glen Taylor said Thursday that the deal was off, but A-Rod and Lore are claiming he has 'seller's remorse'CBS Sports - Sports - NBA -
Princess Peach: Showtime Is Already On Sale - Grab The New Nintendo Switch Exclusive For Less
Princess Peach: Showtime just launched on March 22, but it's already seeing a nice discount. Swing by Woot right now, and you'll find the brand-new Nintendo Switch exclusive on sale for just $50 (down from $60). Nintendo-published games are less ...GameSpot - Tech -
Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – business live
Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out. The government’s shareholding in NatWest Group has fallen below 30% for the first time ...The Guardian - World - Apple -
Less than 40 percent of young Black voters say they will vote this year: Poll
A new poll has found that less than 40 percent of young Black voters are motivated to vote in November’s election. The poll, conducted by In Our Own Voice: National Black Women's Reproductive Justice Agenda with PerryUndem and released on Monday, ...The Hill - Politics -
Truth Social’s stock rally has made Trump billions, and many others millions
Trump Media & Technology Group’s stock soared Tuesday, as investors rushed to buy the stock with the new ticker symbol that bears the initials of the former president.MarketWatch - Business - Donald Trump -
Less Than 15% of Safaris in Africa Are Black Owned. Here’s How To Support Them
Yahoo News - World -
Novo Nordisk's $1,000 diabetes drug Ozempic can be made for less than $5 a month, study suggests
Researchers found Novo Nordisk's Ozempic could be manufactured for an estimated 89 cents to $4.73 for a month's supply, figures that include a profit margin.CNBC - Business -
Zscaler finds enterprise AI adoption soars 600% in less than a year, putting data at risk
According to Zscaler's report, manufacturing generates the most AI traffic, accounting for 20.9% of all AI/ML transactions, followed by finance and insurance (19.9%) and services (16.8%).VentureBeat - Tech -
Draymond Green ejected less than four minutes into game vs. Magic as Warriors battle for final Play-In spot
Green picked up consecutive technical fouls for arguing with an officialCBS Sports - Sports - NBA -
Draymond Green ejected less than 4 minutes into Warriors vs. Magic after arguing with official
Stephen Curry appeared to fight tears as he reacted to the ejection.Yahoo Sports - Sports - NBA -
Lands’ End’s stock rallies as retailer posts stronger-than-expected sales
Shares of Lands’ End surpassed the $10 mark for the first time since August 2023.MarketWatch - Business -
Viking Therapeutics stock jumps more than 15% on promising weight loss pill data
The Viking study results add to the growing excitement around the biotech company and its potential in the budding weight loss market.CNBC - Business -
Oil prices end lower, with weekly U.S. crude supply up over 3 million barrels
Oil futures declined on Wednesday but settled off the session’s lows after official U.S. data revealed a weekly increase in crude inventories that was smaller than what was reported by an industry trade group.MarketWatch - Business -
Pending home sales inch up in February. Realtors are worried about U.S. home prices rising faster than incomes.
U.S. pending home sales rose 1.6% in February, the National Association of Realtors said on Thursday.MarketWatch - Business -
Forecasts for German economy see stagnation, or recession, in 2024
Yahoo News - World -
BYD misses profit forecasts as Huawei challenge emerges
Warren Buffett-backed company loses some market share to sanctions-hit Chinese telecoms groupFinancial Times - World -
Institute says German economy is "struggling" and lowers forecasts
Yahoo News - World - Germany -
Economic experts slash growth forecasts for Germany
Five leading institutes expect expansion of just 0.1 per cent in 2024 as exports fall and domestic demand fails to pick upFinancial Times - World -
Comex Gold Settles 0.04% Higher at $2175.60
Front month Comex gold for March delivery gained 0.04% to settle at $2175.60 per troy ounce.The Wall Street Journal - World -
Thousands pack narrow alleys in Cairo for Egypt's mega-Iftar
For a decade, one Cairo neighborhood has drawn thousands to gather around Egypt's longest Ramadan Iftar table. This year was the biggest ever.CBS News - World -
Walgreens tops quarterly revenue estimates, but narrows profit outlook in 'challenging' economy
Walgreens posted a steep net loss for the quarter as it recorded a hefty goodwill impairment charge related to its primary-care provider VillageMD.CNBC - Business -
NCAA Tournament Expansion Means Less Cinderella Teams
Expanding the men’s tournament could push small schools like Oakland, which upset Kentucky this week, out of the action.The New York Times - Top stories -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World -
Ireland’s economy forecast to return to growth, easing drag on eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.MarketWatch - Business -
Irish Economy Forecast to Return to Growth, Easing Drag on Eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.The Wall Street Journal - World -
Savings account interest forecast for spring 2024: Here's what experts predict
Rates on savings accounts are high now but will they stay elevated in the months to come? Here's what to know.CBS News - Top stories -
Ad Forecaster Raises 2024 Prediction Amid Improving Economic Outlook
While the U.S. ad market in 2023 was ‘relatively resilient,’ the outlook for 2024 looks stronger, according to Magna.The Wall Street Journal - World