TJ Maxx parent company posts strong holiday quarter, but issues weaker-than-expected guidance

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  UK companies pay less than half of fines issued for filing accounts late

  Disparity raises questions about ability of Companies House to tackle non-compliance
  
  Financial Times - 3d

• T.J. Maxx parent sees broad sales grow, as demand from all income groups rose

  Full-year outlook was below current expectations, as it assumes a ‘small negative impact’ from China tariffs.
  
  MarketWatch - 1h

• Shares of world's largest brewer AB InBev pop 9% after posting fourth-quarter revenue beat even as volumes slide

  The drinks maker, whose brands include Budweiser, Corona and Stella Artois, reported an 3.4% increase in fourth-quarter revenue to $14.84 billion.
  
  CNBC - 1h

• Krispy Kreme’s stock heads for a new low as company warns of weaker revenue

  Krispy Kreme Inc.’s stock was down more than 23% Tuesday and heading toward a new low, weighed down by the doughnut maker’s fourth-quarter results and weak full-year outlook.
  
  MarketWatch - 22h

• Tesla recalls more than 376,000 vehicles over power steering issue

  Loss of power steering caused by overstressed motor drive components will require increased steering effort from driver, raising risk of crash, NHTSA says.
  
  CBS News - 4d
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  Tesla recalls more than 375,000 vehicles for power steering issue

  Tesla is recalling more than 375,000 vehicles in the United States due to a power steering issues, the National Highway Traffic Safety Administration announced Friday.
  
  NBC News - 5d

• Rivian beats Wall Street's fourth-quarter expectations, but expects lower deliveries in 2025

  Rivian beat Wall Street's fourth-quarter earnings expectations and achieved its first gross quarterly profit but is forecasting lower sales in 2025.
  
  CNBC - 5d

• Live Nation expects a big 2025, boosted by stadium shows, but sees some bumps in the first quarter

  Live Nation Entertainment Inc. reported a dip in fourth-quarter sales Thursday, but that figure still came in above expectations, and the Ticketmaster parent said it expected bigger gains this year ...
  
  MarketWatch - 5d

• Their Wedding Day Became a Local Holiday

  Kirby Matocha and Chase Edmunds’s wedding day, Feb. 15, was declared “Kirby and Chase Day” by John Whitmire, the Mayor of Houston, who was in attendance.
  
  The New York Times - 5d

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  Nvidia's earnings report on Wednesday will put the finishing touches on one of the most remarkable years from a large company ever.
  
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• Amazon unveils revamped Alexa with AI features for $19.99 per month, free for Prime members

  Amazon has been working for years to overhaul Alexa with generative AI features as it faced rising competition from OpenAI's ChatGPT and other chatbots.
  
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• Eli Lilly plans at least $27 billion in new U.S. manufacturing investments

  It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.
  
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• Super Micro Computer shares surge 19% after company files delayed financials by deadline

  Super Micro also filed results for the first two quarters of the fiscal 2025 year and said it has "regained compliance" with Nasdaq requirements.
  
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• Block's Bitkey rolls out bitcoin inheritance fix for 'multibillion-dollar problem waiting to happen'

  After announcing its bitcoin inheritance product in November, Block's Bitkey is rolling out the offering on Wednesday.
  
  CNBC - 1h

More in Business

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  Trump says he will impose 25% tariffs on imports from the EU

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• House budget tees up steep Medicaid cuts and big SALT fight. Here’s what’s next.

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  Europe Relaxes Rules on Company Climate Reports

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  The New York Times - 13m

• Costco chairman on why the popular wholesale chain sells diamonds, gold bars and sports cars: 'Affluent people love a good deal'

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