Latest in Amazon Reports 88% Rise in Profits but Says Growth Could Slow
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Children joined riots for the 'thrill', report says
The children's commissioner says children often made impulsive decisions to become involved in the riots.BBC News - Jan. 28 -
One in five UK-listed companies warned on profits in 2024 as costs rise
Proportion is third highest this century and exceeded only by figures in 2001 and 2020Financial Times - Jan. 27 -
Jewish non-profit chief says Musk will spur violence with his ‘Nazi salute’
Amy Spitalnick of Jewish Council for Public Affairs warns far right will take action as ‘license for violent extremism’. The head of a prominent US Jewish civil rights body said Elon Musk’s ...The Guardian - Jan. 26 -
Amazon Prime Video Seeks Profit Boost from Live Sports
Live sports create valuable opportunities for targeted ad placements on Prime Video.Inc. - Jan. 24 -
FirstFT: US oil output growth to slow despite Trump’s ‘drill, baby, drill’ plan
Also in today’s newsletter, OpenAI in talks to split and the Sackler family agrees $7.4bn opioid settlementFinancial Times - Jan. 24 -
Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.The Wall Street Journal - Jan. 24 -
Texas Instruments finally sees growth on the horizon, but it’s a slow recovery
The semiconductor company predicts a return to growth after more than two years of revenue declines, but the industrial and automotive markets have yet to bottom.MarketWatch - Jan. 24 -
NBA Power Rankings: Thunder take back top spot, Suns rising amid reported Jimmy Butler pursuit, Kings stay hot
Shai Gilgeous-Alexander continues to assert his dominance for top-ranked OKCCBS Sports - Jan. 23 -
A norovirus vaccine could be on the horizon as cases rise
Moderna is testing a norovirus vaccine in a phase three trial. Results could be available as soon as this year.CNBC - Jan. 23 -
Reeves says growth ‘trumps’ net zero as Heathrow runway decision looms
Chancellor will indicate backing for west London airport expansion next weekFinancial Times - Jan. 22 -
3M’s stock rises as company targets growth this year
3M Co.’s stock rose 4.6% Tuesday after the maker of Post-it Notes, Scotch Tape and Command strips posted better-than-expected fourth-quarter earnings and guided for sales growth in 2025.MarketWatch - Jan. 21 -
New report reveals rising cancer rates among women
The American Cancer Society finds cancer rates are increasing in women, surpassing men in some cases. Dr. Celine Gounder, CBS News medical contributor, joins "CBS Mornings" to discuss these ...CBS News - Jan. 17 -
Reeves says she won't let critics get her down after UK borrowing costs rise
The chancellor tells the BBC she has got "what it takes" following a bumpy week for the UK economy.BBC News - Jan. 17 -
UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - Jan. 16 -
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Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - Jan. 16 -
Nvidia supplier Taiwan Semi reports profit surge. AI capacity is ‘very tight,’ CEO says.
Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.MarketWatch - Jan. 16 -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
Year-end bonuses rise — but fewer workers are getting them, report finds
The average end-of-year bonus rose about 2% in 2024, according to an exclusive look at data from Gusto.CNBC - Jan. 16 -
California wildfires could slow the economy and boost inflation — and that’s not even the worst of it, economists say
There were 27 natural disasters that cost at least $1 billion in 2024, well above the annual average of nine such events from 1980 to 2023.MarketWatch - Jan. 16 -
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for promised government support to kick in.CNBC - Jan. 16 -
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.The New York Times - Jan. 15 -
Israel-Gaza war live: ceasefire deal ‘right on brink’, says US, as hopes rise for agreement
US secretary of state, in last major foreign policy speech, says countries in Middle East must achieve their aspirations in a climate of peace and security. Gaza ceasefire negotiations ‘right on ...The Guardian - Jan. 15 -
Air Traffic Growth Forecasts Clash With Climate Goals, Study Says
Airline passenger counts will more than double within 25 years, and more flights will mean more global carbon emissions, an advocacy group warned at a major industry conference.Inc. - Jan. 13 -
California fires weather forecast: High winds could cause explosive fire growth
Higher humidity and lighter winds are forecast late in the week and into the weekend.ABC News - Jan. 13 -
Taiwan reports 'significant rise' in suspected Chinese espionage
Taiwanese charged with suspicion of spying on behalf of China rose by a third to 64 people last year, the island’s National Security Bureau said.NBC News - Jan. 13 -
EU too slow to tackle single market abuse, say industry bodies
Number of cases opened against member states for breaches of EU law has dropped sharplyFinancial Times - Jan. 13 -
Los Angeles rents could rise by up to 12% because of the wildfires, experts say
Rents in L.A. were going down, but the wildfires could reverse that trend.MarketWatch - Jan. 11 -
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 - Jan. 11 -
Labour intensifies push for growth to avoid ‘disastrous’ tax rises
Punishing week on bond markets ends with UK government borrowing costs significantly higherFinancial Times - Jan. 10 -
Carville: Reported $40M budget for Melania Trump Amazon documentary 'breathtaking'
Democratic strategist James Carville questioned the $40 million budget for Melania Trump’s documentary set to debut on Amazon Prime later this year. “You can produce a world-class documentary for ...The Hill - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
The Slow Growth of Hand-Painted Clothes
In an era of fast fashion, some yearn for clothing with a personal touch.The New York Times - Jan. 9 -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - Jan. 9 -
Economic loss from California wildfires could reach $52B-57B: Report
Total damage from the devastating wildfires scorching Southern California could amount to between $52 billion and $57 billion in economic losses, according to a new analysis. The estimate, issued ...The Hill - Jan. 8
