Schaeffler Warns of Profitability Shortfall Amid Tough Autos Environment
The car-parts supplier warned that profitability fell short of its guidance and consensus expectations last year, the latest sign of challenges facing the European auto market.
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Mayors nationwide warn of worsening housing shortfall
Mayors nationwide are warning of a worsening housing shortfall as decades of “insufficient” investment along with rising costs of housing during the COVID-19 pandemic aided in making housing ...The Hill - 5d -
Scalabrine: Mazzulla ‘might have to make tough decision' amid C's struggles
After the Celtics' brutal loss to the Raptors on Wednesday, Brian Scalabrine suggests it may be time for coach Joe Mazzulla to make a tough decision with his lineups.Yahoo Sports - 6d -
Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks
Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.The New York Times - Jan. 15 -
Officials warn against price gouging, looting amid Los Angeles wildfires
California Attorney General Rob Bonta warned of bad actors who seek to use the trauma and chaos created by the wildfires in California for their own gain.CBS News - Jan. 11 -
LA officials warn against looting amid fires, say 20 arrested so far
Los Angeles officials on Wednesday warned against looting amid deadly wildfires raging in the area. “In the midst of the emergency, we’ve all seen individuals who are targeting vulnerable ...The Hill - Jan. 9 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
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 - Jan. 8 -
Watch: BBC reports from snowy Leeds amid weather warnings
Amber weather warnings are in force and travel disruption is expected in some parts of the UK, as snow continues to fall.BBC News - Jan. 5 -
Paxton warns of primary challenges for GOP incumbents amid Texas Speaker battle
Texas Attorney General Ken Paxton (R) on Tuesday warned of primary challenges for Republican incumbents in the state Legislature amid an ongoing battle over the Texas House Speakership. “Texans ...The Hill - Dec. 31
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Germany's finance minister slams UniCredit's 'very aggressive' bid for Commerzbank
"The behavior of the potential acquirer was very aggressive, very opaque, untransparent," Germany's Jörg Kukies told CNBC of UniCredit's bid for Commerzbank.CNBC - 4m -
NATO chief 'very happy' with Trump's sanctions threat to Russia
"I was very, very happy with the position of Trump to put more sanctions on Russia," Mark Rutte told CNBC.CNBC - 5m -
When the ‘smartest’ minds on Wall Street pick their top investments, run the other way
Our author’s annual “Pariah Capital” picks beat the world’s top money managers (again).MarketWatch - 13m -
Spain Seeks to Curb Short-Term Rentals Amid Growing Housing Crisis
The country is at the forefront of a wider crunch spreading across Europe, and its prime minister has proposed a 100 percent tax aimed at foreign real estate investors.The New York Times - 19m -
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.CNBC - 24m