Shares of fashion giant H&M drop as fourth-quarter sales miss estimates

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  Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit

  The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
  
  The New York Times - 21h

• Euro zone economy flatlines in fourth quarter, missing expectations for slight expansion

  Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in the third quarter.
  
  CNBC - 8h

• Tesla fourth-quarter results miss estimates as automotive revenue drops 8%

  Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.
  
  CNBC - 21h

• Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter

  Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.
  
  CNBC - 1d

• South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low

  The country's economy expanded by 1.2% year on year, missing analysts' expectations of 1.4% growth.
  
  CNBC - Jan. 23
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  Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter

  The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.
  
  The Wall Street Journal - Jan. 21

• Shares of Cartier owner Richemont jump 16% as sales rise in December quarter

  Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.
  
  CNBC - Jan. 16

• Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

  The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.
  
  CNBC - Jan. 15
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  Greggs shares drop on sales slowdown

  UK bakery chain blames ‘subdued high street footfall’ for weaker earnings
  
  Financial Times - Jan. 9

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• Trump lashes out at Biden, DEI efforts after D.C. plane crash

  President Donald Trump, without offering evidence, said the collision between an American Airlines jet and an Army helicopter "could have been" due to DEI.
  
  CNBC - 26m

• Deadly American Airlines-helicopter collision highlights concerns with crowded U.S. airspace

  Airline executives have pushed the government to modernize air traffic control and alleviate congestion in some of the busiest air corridors in the U.S.
  
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• UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

  UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
  
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• RFK Jr. stumbles over basics of Medicare, Medicaid during Senate confirmation hearings

  Kennedy struggled to identify and explain the fundamental aspects of Medicare, which provides coverage to older and disabled Americans.
  
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• Pending home sales drop sharply in December as mortgage rates surge back over 7%

  Pending home sales in the U.S. fell in December as mortgage rates climbed again.
  
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More in Business

• 67 believed dead after American Airlines plane collides with Army helicopter

  An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.
  
  CNBC - 3m

• Deadly American Airlines-helicopter collision highlights concerns with crowded U.S. airspace

  Airline executives have pushed the government to modernize air traffic control and alleviate congestion in some of the busiest air corridors in the U.S.
  
  CNBC - 6m

• DOJ’s HPE-Juniper lawsuit shows Trump might not be so friendly to tech deals after all

  The DOJ contends the merged company would result in two companies — Cisco and HPE — controlling more than 70% of the U.S. wireless networking market.
  
  MarketWatch - 7m
• 

  Staffing Was ‘Not Normal’ At Air Traffic Control Tower During Deadly Plane Crash

  The report, reviewed by The New York Times, said that one controller was communicating with both helicopters and planes. Those jobs are typically assigned to two people, not one.
  
  The New York Times - 9m

• Oracle gets $7.75 billion vote of confidence from bond investors despite DeepSeek worries

  Major tech stocks sold off sharply this week on DeepSeek jitters, but the bond market has been fairly steady.
  
  MarketWatch - 11m