Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.
Read more at The Wall Street Journal
-
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - 17h -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 1d -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - 1d -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - 3d -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - 3d -
Timeline shows warnings escalated quickly as L.A. fire danger grew
CBS News examined public statements and warnings to trace how authorities sounded the alarm about the L.A. fires as conditions worsened. Here's what we know.CBS News - 3d -
Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025
Stellantis' top priority for the U.S. this year is to grow its retail market share after several years of declining sales in its largest, most crucial market.CNBC - 3d -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - 3d -
US job market soars past expectations in last report before Trump retakes White House
Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...The Guardian - 3d -
Sainsbury's raises pay but is cautious on hiring
The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.BBC News - 4d -
Friday's jobs report could present a mixed view of the labor market. Here's what to expect
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.CNBC - 4d -
Mercedes-Benz Car Sales Drop Amid Challenging Market
Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.The Wall Street Journal - 4d -
A market in suspense
Plus: what’s the point of stablecoins?Financial Times - 4d -
A silver lining to this sluggish market — plus, more evidence that Goldman is right to own
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 5d -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - 6d -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - 6d -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - 6d -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - 6d -
I Toured European Christmas Markets for 7 Days. Here’s The Gear That Kept Me Warm, And The Bag That Fit It All
Yahoo News - 6d -
Most in US expect Biden presidency will be viewed negatively: Gallup
Most Americans expect that President Biden’s four-year tenure will be viewed more negatively than positively, according to a new survey. The poll, released Tuesday by Gallup, found that 54 percent ...The Hill - 6d -
Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.The Wall Street Journal - Jan. 7 -
The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?
The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.MarketWatch - Jan. 7 -
In pictures: Orthodox Christians celebrate Christmas
More than 200 million Christians are associated with Orthodox Churches and most celebrate Christmas on 7 January.BBC News - Jan. 7 -
Death toll from the German Christmas market attack rises to 6
Prosecutors say the death toll in the attack on a Christmas market in the German city of Magdeburg last month has risen to six as a woman succumbed to her injuriesABC News - Jan. 6 -
Magdeburg Christmas market attack deaths rise to six
A 52-year-old woman has died in hospital from her injuries two weeks after the attack.BBC News - Jan. 6 -
Sixth person dies from Magdeburg Christmas market car-ramming attack
Yahoo News - Jan. 6 -
Zoo recycles old Christmas trees - and the animals love it
Noah's Ark Zoo Farm in north Somerset has recycled thousands of trees in the past five years.BBC News - Jan. 4 -
Magdeburg Christmas market suspect involved in 7 cases before attack
Yahoo News - Jan. 4 -
What Car Sales Can Tell Us About the U.S. Auto Market Right Now
Demand for pickup trucks and hybrid vehicles helped automakers increase deliveries, but challenges loom for 2025.The Wall Street Journal - Jan. 3 -
The Electron That Softened Her View on Marriage
Laurie Stone, a feminist and writer, has always believed that the institution of marriage “has not been a good thing for women.” Then she met Richard Toon.The New York Times - Jan. 3 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
For Shailene Woodley, Every Day Is Christmas
The actress is starring in the Broadway play “Cult of Love,” about a dysfunctional family gathered for the holidays. That means another month of caroling.The New York Times - Jan. 2 -
Why Wall Street Expects the Stock Market to Have a Big 2025
Analysts see corporate earnings improving beyond just big tech names.Inc. - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Pigs in blankets and fizz help boost Lidl Christmas sales
The supermarket chain said it achieved its best Christmas on record in 2024, although growth has slowed.BBC News - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2
More from The Wall Street Journal
-
Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel
An offer is probably months away from happening.The Wall Street Journal - 14h -
IAC to Spin Off Stake in Angi, Longtime CEO to Step Down
Angi CEO Jeff Kip will continue to head the company as IAC’s 10th fully independent company, IAC said.The Wall Street Journal - 14h -
Hanging Out at Starbucks? You Now Need to Order Something
The coffee giant is reversing a policy that had allowed open access to its cafes, in a push to improve store environments.The Wall Street Journal - 15h -
Retail Stocks Drop Amid Investors' Concerns Over Ability to Post Growth in 2025
Shares of retail stocks sank after companies including Abercrombie & Fitch, Macy’s and Urban Outfitters provided updates on their holiday performance and outlooks that disappointed investors for ...The Wall Street Journal - 15h -
Johnson & Johnson to Acquire Intra-Cellular in $15 Billion Deal
Pharmaceutical giants have recently shown new enthusiasm for mental-health treatments with vast but unrealized promise.The Wall Street Journal - 16h
More in Business
-
Southwest Airlines pauses corporate hiring, most summer internships to cut costs
Southwest had been under pressure from activist Elliott Investment Management to increase returns.CNBC - 11m -
Southwest Airlines pauses corporate hiring, most summer internships to cut costs
Southwest had been under pressure from activist Elliott Investment Management to increase returns.CNBC - 11m -
Trump risks repeating Biden’s biggest blunders on the Fed, immigration and China
Trump’s policies, taken to the extreme, threaten U.S. growth, corporate profits and the stock market.MarketWatch - 44m -
French auditor recommends EDF delays UK Sizewell investment decision
State body says nuclear energy group should ensure international projects do not delay domestic programmeFinancial Times - 47m -
Take Control of Your Story, Even as You Make the Ultimate Exit
Attending a friend’s funeral reminded me of the importance of maintaining connections, and not letting other people do the talking for you.Inc. - 48m