BYD's first half net profit rose due to higher electric vehicle sales and a stronger handset components and assembly business.
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The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
The Hill - Politics
'Severe' geomagnetic storm reported: Will it spark auroras, impact electrical grids?
You may have seen the northern lights last night, but will you get the same chance tonight?Yesterday -
Financial Times - Business
BP’s US wind sale will not clear its strategic fog
UK oil major has underperformed its rivals as oil prices have started to sinkYesterday -
The Hill - Politics
Arrests at southern border rose slightly in August
Arrests at the southern border ticked up last month for the first time since the rollout of a new Biden administration policy limiting access to asylum. The Border Patrol made about 58,000 arrests ...Yesterday -
MarketWatch - Business
Slowing housing market is hurting this plumbing and HVAC distributor’s sales
Ferguson Enterprises’ stock was headed for a fall Tuesday, after the plumbing, HVAC and appliance products distributor missed quarterly revenue expectations, citing “muted” residential end markets ...Yesterday -
The Wall Street Journal - Business
Philip Morris to Take $220 Million Loss on Sale of Inhaled-Medicine Unit
Philip Morris said it expects to record a loss on the sale of its inhaled-therapeutics unit to Molex Asia Holdings as it retools its pharmaceutical business.Yesterday -
Financial Times - World
The questions over Commerzbank’s stake sale
Deal is a textbook example of how not to create price tension in a capital markets offeringYesterday -
CBS News - Top stories
Why first-time homebuyers are at a disadvantage
First-time homebuyers are getting locked out of the market because high interest rates keep people from selling, a spike in all cash offers, and millennials — the largest generation — are competing ...Yesterday -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.Yesterday - Federal Reserve -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.Yesterday -
Financial Times - Business
FT and Schroders Business Book of the Year 2024 — the shortlist
Judges of the £30,000 annual prize select the year’s most compelling and enjoyable titleYesterday -
The Guardian - World
Norway: electric cars outnumber petrol for first time in ‘historic milestone’
Nordic country, paradoxically a major oil producer, has set target for all new cars sold to be zero emission. Electric cars now outnumber petrol cars in Norway for the first time, an industry ...Yesterday -
The Guardian - World
Guardian parent company in talks over potential sale of Observer
Guardian Media Group announces it is in negotiations with Tortoise Media over world’s oldest Sunday newspaper. The Guardian’s parent company has announced that it is in formal negotiations with ...2 days ago -
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MarketWatch - Business
Pret a Manger’s U.S. expansion sees cafe chain’s sales hit $1.5 billion
The coffee seller said one quarter of its overall sales are now generated outside the U.K.2 days ago -
The Guardian - World
Zimbabwe outlines plan to cull scores of elephants to feed people after drought
Culling after severe drought wiped out crops across region is also part of effort to decongest country’s parks. Zimbabwean authorities have outlined plans to cull 200 elephants to feed communities ...2 days ago -
Wired - Tech
Brompton Electric G Line Review: Stupid Amounts of Fun
Thrills and spills from a fold-up bike? We couldn’t believe it either.2 days ago -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.2 days ago -
Financial Times - Business
Pret A Manger’s global sales surge above £1bn
UK sandwich chain expands in aggressive international sales drive2 days ago -
Inc. - Business
7 Strategies to Develop an Innovative Culture Within Your Business
If your business team is not continually innovating, it is falling behind the new competition.2 days ago -
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CBS News - Top stories
Here's when Amazon's October Prime Day sale is happening
Mark your calendars: Prime Big Deal Days is back this October. Here's what the holiday kick-off sale will begin.2 days ago -
The Hill - Politics
Trump says crypto is 'fledging' yet ‘massive business’ in project launch
Former President Trump and his sons unveiled new details about their new cryptocurrency platform World Liberty Financial on Monday night, marking the former president’s latest embrace of digital ...2 days ago - Donald Trump -
The Wall Street Journal - Business
Malaysian Glove Makers' Shares Jump as U.S. Plans Higher Tariffs on Chinese Gloves
Malaysian glove stocks surged after the U.S. said it plans to impose higher and earlier tariffs on Chinese gloves, a move likely to ease competition for Southeast Asian manufacturers.2 days ago -
NBC News - Top stories
Meet Douyin, the Chinese version of TikTok adding to ByteDance's big business
Douyin, the Chinese version of TikTok, spurred a creator economy with more than 700 million active users. The social media video app, owned by ByteDance has parental controls and even time limits. ...2 days ago - Tiktok -
Yahoo Sports - Sports
6 things from MLB's weekend: Yankees look stronger than ever
The Yankees and Tigers earned statement wins this weekend, while the Dodgers and Mets dealt with more injuries.2 days ago - MLB