Battery Maker Northvolt to Cut Jobs Amid Cooling EV Market
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MarketWatch - Business
With the Fed rate cut, have I missed the boat on 5% CDs? I was too late to invest in the housing market.
The U.S. Federal Reserve cut the benchmark rate on Wednesday by 50 basis points.3 minutes ago -
BBC News - Top stories
Firm making drones for Ukraine plans more jobs
The company hopes to generate 200 jobs in the UK over the next three years across its two sites.1 hour ago - Ukraine -
Financial Times - World
What the EU’s new competition tsar thinks about Chinese EV tariffs
Also in this newsletter: How the Greens got their man into von der Leyen’s office1 hour ago -
Financial Times - Business
Europe’s great battery hope Northvolt fights for survival
The Swedish start-up is struggling to secure funds and has suffered a number of worker deaths2 hours ago - Europe -
Financial Times - Business
Big Fed rate cut leaves little changed in stock and bond markets
The rare half-point rate reduction was baked into the rally last week and led to a mild sell-off afterward8 hours ago - Federal Reserve -
VentureBeat - Tech
Playtika to acquire mobile game maker SuperPlay for up to $1.95B
Playtika has agreed to acquire SuperPlay, a mobile gaming company in Israel for a price ranging from $700 million to $1.25 billion.8 hours ago -
CNBC - Business
Trump Media stock closes at new postmerger low on eve of 'lockup' expiration
Shares of Trump Media reached new all-time closing lows the day before "lockup" restrictions on selling company stakes expires.9 hours ago - Donald Trump -
MarketWatch - Business
This part of the Treasury market may move the most on a Fed interest-rate cut
Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...9 hours ago -
ESPN - Sports
PFA reiterates FIFA lawsuit amid strike storm
The Professional Footballers Association reiterates that it is "taking legal action" against FIFA following the fixture congestion that is affecting the players.9 hours ago -
NBC News - Politics
Trump supporter on political discourse: 'Both sides need to cool it down'
NBC News spoke to supporters of former President Donald Trump to find out how they feel about the political discourse and the rhetoric, which both candidates for U.S. president have claimed is ...10 hours ago - Donald Trump -
The Hill - Politics
In Norway, EVs now outnumber gas-powered vehicles
In Norway, electric vehicles (EVs) now outnumber gas-powered vehicles, according to latest vehicle registration data from the Norwegian Road Federation released on Tuesday. Norway, a major oil ...10 hours ago -
MarketWatch - Business
A Fed rate cut with the stock market at a record high? Here’s what history says.
The Federal Reserve is preparing Wednesday to cut interest rates with U.S. stocks trading near a record high. leaving investors searching for historical clues to the path ahead for markets.11 hours ago -
BBC News - Top stories
Boeing suspends jobs for thousands after strike
Boeing says it is suspending jobs for thousands of staff in the US due to a worker strike.11 hours ago -
MarketWatch - Business
Here’s one way Boeing plans to preserve cash amid strike
Furloughs for employees and pay cuts for executives are coming at Boeing.12 hours ago -
CBS News - Top stories
The best patio heaters for cool fall nights
Keep your yard toasty with these patio heaters from Walmart, Amazon, Wayfair and more this fall.12 hours ago -
Financial Times - Business
SEC cuts tick size for stock market trades to a half penny
Regulator softens complex initial proposal after industry pushback12 hours ago -
BBC News - Top stories
TGI Fridays' UK owner falls into administration
London-listed Hostmore has appointed Teneo as administrators to help it sell the restaurants.15 hours ago - United Kingdom -
CBS News - Top stories
Weight of EVs prompts safety concerns about impact of crashes
Guardrails and barriers, typically tested against vehicles weighing around 5,000 pounds, are now being challenged by electric vehicles that often weigh more.16 hours ago -
Financial Times - Business
The market looks ahead to the Fed’s rate cut
Investors are betting on 50 basis points and expect a soft landing for the economy16 hours ago -
The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...17 hours ago - Joe Biden -
MarketWatch - Business
General Motors to sell adapters to use Tesla’s supercharger EV network
GM offering an approved NACS DC adapter for purchase through its apps.17 hours ago -
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Financial Times - Business
Blanked or rejected: is finding a job harder than ever?
White-collar candidates report endless interviews and few responses but employers are also struggling to fill roles18 hours ago -
CNBC - Business
The iPhone 16 Pro Max has better battery life and great cameras, but Apple Intelligence hasn't arrived
CNBC's iPhone 16 Pro Max review. There are a lot of good upgrades but Apple Intelligence isn't ready yet.18 hours ago - Apple -
BBC News - Top stories
Taiwan pager maker stunned by link to Lebanon attacks
The race to find the manufacturer of pagers that exploded in Lebanon leads to a Taiwanese company.19 hours ago - Taiwan -
MarketWatch - Business
History says Fed interest-rate cut sets up ‘crapshoot’ for stock-market investors
A decent rule of thumb is to watch the next two weeks after a first Federal Reserve interest-rate cut, says Jason Goepfert, senior research analyst at SentimenTrader21 hours ago - Federal Reserve -
CBS News - Top stories
Tupperware files for bankruptcy amid slumping sales
Tupperware and some of its subsidiaries have filed for Chapter 11 bankruptcy protection, the once-iconic food container maker said in a statement.23 hours ago -
CBS News - Top stories
The 5 best electric and battery-powered leaf blowers
These electric and battery powered leaf blowers from popular brands make leaf removal and lawn cleanup a breeze.Yesterday -
CNBC - Business
U.S. crude oil rises more than 1%, closes above $71 per barrel amid Fed rate cut optimism
The oil market is also bracing for the Fed's decision Wednesday on interest rates.Yesterday - Federal Reserve -
Financial Times - Business
Marlboro maker sells asthma inhaler group at discount after health backlash
Philip Morris pivot from tobacco to healthcare with purchase of Vectura sparked opposition from doctorsYesterday -
Inc. - Business
Pentagon Awards Startup Rocket Motor Maker Ursa Major $12.5 Million
The Pentagon turns to smaller private companies as it tries to build up supplies depleted by supporting Ukraine and Israel.Yesterday -
The Guardian - World
Berlin’s Watergate nightclub will close with New Year’s Eve last dance
Upmarket Kreuzberg club blames economic pressures, a pandemic hangover and Berlin’s dated image as factors leading to end of 22-year party. Berlin’s Watergate nightclub, one of the institutions of ...Yesterday -
Financial Times - World
Market speculation about the next Fed rate cut masks deeper issues
Even so, perma-critics of the US central bank are cracking their knuckles in anticipationYesterday - Federal Reserve -
The Wall Street Journal - Business
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.2 days ago - China -
Financial Times - World
National Grid blames old computer systems for sidelining batteries
Britain’s network operator overlooks batteries up to 30% of the time when they are cheaper, company admits2 days ago -
Financial Times - World
Time to retire the emerging markets brand
Innovations around EM indices are required with more thematic benchmarks2 days ago -
Financial Times - World
Why EV investors are tracking Taylor Swift and swing state polls
Investors are betting the US election outcome will have a big impact on sector stocks in Asia2 days ago