Latest in Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
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U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - Yesterday -
Here’s Why U.S. Consumer Confidence is Climbing Ahead of Election Day
The Conference Board’s monthly report says its index notched the largest gain since March 2021.Business - Inc. - Yesterday -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - Yesterday -
DoorDash keeps investing in expansion, as more consumers use platform in third quarter
DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving service.Business - MarketWatch - 21 hours ago -
Regulator Sues Singtel's Optus Over Alleged Misconduct Involving Vulnerable Consumers
Australia’s competition watchdog has filed proceedings against Singtel’s subsidiary, Optus Mobile, alleging what it called “unconscionable” conduct in dealings with some consumers.Business - The Wall Street Journal - 14 hours ago -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - 5 hours ago -
Norwegian Cruise Line seeing strong demand, as consumers show ‘health and confidence’
Norwegian Cruise Line’s stock rallies toward a three-year high after an “impressive” quarterly performance and amid continued “robust” demand.Business - MarketWatch - 6 hours ago -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceWorld - Financial Times - 3 hours ago -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - 3 hours ago -
Corporate Germany is on sale
German companies have become relatively small and relatively cheapWorld - Financial Times - October 18 -
Body found in major police search for missing mother
Police searching for Victoria Taylor say they have found a body in the River Derwent.Top stories - BBC News - October 22 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - 2 days ago -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - 8 hours ago -
Mattel Lowers Sales Outlook After Barbie Sales Weigh
The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.Business - The Wall Street Journal - October 23 -
How to Turn a Sales Blunder Into a Win
With two decades in sales behind him, Pushly CEO Brendan Ripp has plenty of advice.Business - Inc. - October 14 -
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.Business - The New York Times - October 23 -
Roche Increases Dividend on Higher Sales
Roche said it would increase its dividend after its hemophilia injection Hemlibra and multiple sclerosis treatment Ocrevus lifted sales in the first nine months of the year.Business - The Wall Street Journal - October 23 -
Don’t Overlook This Sales-Growth Superpower
Inc.’s editor-in-chief reveals the channel that powers many of the fastest-growing companies in America.Business - Inc. - 6 days ago -
Boeing Explores Sale of Space Business
New CEO seeks buyers for Starliner and other NASA projects in quest to rescue manufacturer.Business - The Wall Street Journal - 6 days ago -
Trump takes swipe at 'weak and soft' Fox News over upcoming Harris interview
Former President Trump seemingly mocked Fox News Monday evening, after the network announced that Vice President Harris agreed to sit for an interview, calling the outlet "weak and soft." "Lyin’ ...Politics - The Hill - October 15 -
'You can't show weakness' - why African leaders maintain secrecy around their health
There is a long history of African leaders hiding or lying about their health to keep rivals at bay.Top stories - BBC News - October 19 -
‘We look strong but inside I feel weak’: Ukraine rugby league’s heavy burden
Despite being bombed, the national players are a source of pride as they travel to France for World Cup qualifiers. By Gavin Willacy for No Helmets Required . A little over two weeks ago, Vitalii ...World - The Guardian - October 22 -
There are still banks prone to the runs that brought down SVB and Credit Suisse, regulators warn
The Financial Stability Board, an international body of global regulators, delved into the issues that brought about the collapse of Credit Suisse, the failure of SVB, Signature and First Republic, ...Business - MarketWatch - October 23 -
Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand
Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...Business - MarketWatch - 2 days ago -
While Europe frets, India expects
European foreboding about peace and stability in the world finds little echo in New DelhiBusiness - Financial Times - October 14 -
Casabrews 5700PRO Review: Exceeding Expectations
This all-in-one espresso machine delivers on quality with minimal fuss.Tech - Wired - October 16 -
Inheritance tax increases expected in Budget
It is not known how many people are likely to end up paying more under the government's plan.Top stories - BBC News - October 17 -
WPP Returns to Growth, Beating Expectations
WPP reported a surprise rise in organic revenue for the third quarter, returning to growth after declines in previous quarters, as it benefited from higher spending among its bigger clients and a ...Business - The Wall Street Journal - October 23