Southwest Risks Regulatory Scrutiny after Including Adjusted Revenue with Quarterly Numbers

Why the SEC might have an issue with Southwest’s earnings

The SEC only allows companies to adjust revenue figures under limited circumstances.

MarketWatch - 4h

Deutsche Bank shares drop after quarterly profit falls, cost target scrapped

Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.

CNBC - 7h

'Adjust and improvise': What Buddy Teevens meant to Peyton Manning

For Peyton Manning, Buddy Teevens was far more than a coach. On the debut of his documentary "The Buddy Way," Manning tells the story of the Buddy Teevens he knew.

ESPN - 8h

Microsoft shares slip on weak quarterly revenue guidance

Microsoft intends to address execution challenges in its key cloud unit, while continuing to endure supply constraints.

CNBC - 22h

Meta shares pop after company beats on revenue

Meta reported earnings after the bell. Here are the results.

CNBC - 1d

Trump Media surges after expansion into financial services including crypto and ETFs

The company said it expects to launch products and services under the Truth.Fi brand, including its own investment vehicles, later this year.

CNBC - 1d

Tulsi Gabbard Briefly Subject to Special Scrutiny Last Year After Vatican Meeting

Ms. Gabbard, President Trump’s nominee for director of national intelligence, was briefly subject to special scrutiny on airline flights last year, but not, officials say, for the partisan reasons ...

The New York Times - 2d

Alphabet shares close above $200 for first time on split-adjusted basis

Investors are growing more bullish on Alphabet as the company speeds up its AI development.

CNBC - 6d

Europe Pushes for Sweeping Regulatory Reform to Compete With U.S., China

The move comes as the head of the European Central Bank suggested that Americans disaffected with the Trump administration should come to Europe.

The Wall Street Journal - 6d

Burberry shares jump 13% after better-than-expected quarterly sales

Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.

CNBC - 6d

Boeing warns investors to brace for steeper quarterly losses, lower revenue

Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.

MarketWatch - 6d

Mariners to retire Ichiro Suzuki's number after Baseball Hall of Fame election: 'A trailblazer'

Suzuki was elected with 99.7% of the vote

CBS Sports - Jan. 22

Presidents' unprecedented pardon power sparks scrutiny

The unprecedented use of pardons by former President Biden on his last day in office coupled with President Trump’s sweeping pardon of violent Jan. 6 offenders on his first has sparked renewed ...

The Hill - Jan. 22

Elon Musk's gesture at Trump rally draws scrutiny

He made the gesture while thanking supporters for contributing to Trump's victory.

BBC News - Jan. 20

Weight-loss jabs linked to reduced risk of 42 conditions including dementia

Psychotic disorders also among conditions found less likely when people with diabetes took medications found in jabs. People with diabetes taking medications found in weight-loss jabs have a ...

The Guardian - Jan. 20

'It's an adjustment': What's behind the Timberwolves' struggles to build chemistry

The Minnesota Timberwolves are struggling to build chemistry this season after cornerstone forward Karl-Anthony Towns was traded to New York in the offseason.

ESPN - Jan. 17

Reinsurers little exposed to LA fires after retreat from disaster risks

Firms intended to backstop frontline insurers raised rates and increased recovery thresholds after losses on prior blazes

Financial Times - Jan. 17

Southwest Pilot Is Removed From Flight and Charged With D.U.I.

The pilot, David Paul Allsop, was taken off a flight to Chicago at the airport in Savannah, Ga., on Wednesday, officials said.

The New York Times - Jan. 16

L.A. officials under scrutiny over wildfire preparedness

As tens of thousands of Los Angeles County residents remain under evacuation orders, and crews battle destructive wildfires, local officials have come under scrutiny for how prepared they were to ...

CBS News - Jan. 15

U.S. Sues Southwest Airlines Over Chronic Delays

The Transportation Department said in a lawsuit that two of the airline’s routes were consistently delayed in violation of federal rules.

The New York Times - Jan. 15

Transportation Department sues Southwest for 'chronically delayed flights'

The Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights.

NBC News - Jan. 15

Trump’s pick for DoJ to face scrutiny on vow to prosecute his opponents

Pam Bondi called for investigations into lawyers who built cases against the president-elect

Financial Times - Jan. 15

Kate Middleton's cancer is now in remission: 'It takes time to adjust to a new normal'

Catherine, Princess of Wales, confirmed Tuesday that her cancer is in remission during a visit with the staff and patients of the Royal Marsden in Chelsea.

Los Angeles Times - Jan. 14

Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints

Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.

MarketWatch - Jan. 13

6.2 magnitude earthquake strikes southwest Mexico

The tremor was about five miles from Coalcoman de Vazquez Pallares, a municipality of around 20,000 people about 372 miles west of Mexico City.

CBS News - Jan. 12

DOGE’s Anti-Regulatory Offensive May Have Merit but Mistakes Its Target

The Elon Musk-led government-slashing initiative seeks to eliminate thousands of costly federal agency regulations, but needs to fix a broken Congress to succeed.

Inc. - Jan. 10

College basketball rankings: After a slow start, Purdue is heating up as it adjusts to life without Zach Edey

The Boilermakers, ranked No. 15 in the CBS Sports Top 25 And 1, defeated Rutgers for their fourth straight victory

CBS Sports - Jan. 10

12 coal miners trapped after mine collapses in southwest Pakistan

Officials say a methane gas explosion has caused a mine to collapse in a remote area in restive southwest Pakistan, trapping at least 12 miners

ABC News - Jan. 10

Disaster by the Numbers: The Crisis in Sudan

The United States just formally declared that genocide has taken place in the northeast African nation, but the calamity there dates back decades.

The New York Times - Jan. 7

Titans fire general manager Ran Carthon after two seasons, including 3-14 finish in 2024

Tennessee is making a front-office change

CBS Sports - Jan. 7

Controversial Trump picks like Sebastian Gorka likely to bypass Senate scrutiny

Sebastian Gorka failed security screenings during Trump's first term, but could return as White House counterterrorism chief.

CBS News - Jan. 7

Nvidia, chip stocks pop after Foxconn reports record revenue

Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.

CNBC - Jan. 6

Lucid reports record quarterly vehicle deliveries, meets production target

Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target.

NBC News - Jan. 6

Lucid reports record quarterly vehicle deliveries, meets production target

Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024.

CNBC - Jan. 6

Israel frets as soldiers face growing risk of arrest abroad after serving in Gaza

Israel helped a former soldier flee Brazil as IDF members face a growing risk of arrest abroad over alleged war crimes in the Gaza Strip.

NBC News - Jan. 6

Victor Wembanyama after 100 games: Set to turn 21, his numbers are staggering

Victor Wembanyama’s days as a 20-year-old in the NBA are over

ABC News - Jan. 4

Top Fed official warns of US inflation risk after Trump takes power

Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffs

Financial Times - Jan. 3

Ford, Rivian stocks get boost from sales after rival Tesla’s numbers fall short

Rivian and Ford shares are on the rise after both carmakers touted growth in EV sales.

MarketWatch - Jan. 3

Alcohol stocks fall across the board after U.S. surgeon general’s advisory on cancer risk

The stocks of alcohol makers and distributors fell across the board early Friday, after the U.S. surgeon general released a new advisory warning of the link between booze and cancer risk.

MarketWatch - Jan. 3

Southwest Risks Regulatory Scrutiny after Including Adjusted Revenue with Quarterly Numbers

Topics