Latest in China corporate profits set for third year of declines
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Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - 5d -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - 5d -
Golden Globes Ratings Decline Slightly to 9.3 Million Viewers
The show on Sunday averaged 9.3 million viewers, down from 9.4 million the year before.The New York Times - 6d -
Meta ends third-party fact-checking scheme as it prepares for return of Trump
Facebook owner to copy community notes pioneered by Elon Musk’s XFinancial Times - 6d -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - 6d -
Mahama will be sworn in as Ghana's president for third time
John Mahama will be sworn in on Tuesday as Ghana’s president for the third time, as the country faces its worst economic crisis in a generationABC News - 6d -
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Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - 6d -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - 6d -
Maduro’s illegitimate third term in Venezuela
Washington, Brussels and London should tighten the screws on the Caracas regimeFinancial Times - Jan. 6 -
A Third Citizen Sleeper Game Is Coming, But Not How You'd Expect
Despite the fact that the second game in the Citizen Sleeper series hasn't been released yet, the creator said that he's already working on the third entry. However, it won't be what you'd expect.. ...GameSpot - Jan. 6 -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - Jan. 6 -
Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.CNBC - Jan. 6 -
Is creative destruction on the decline?
Policymakers can raise growth by targeting economic agilityFinancial Times - Jan. 6 -
Amazon Prime Video picks up Melania Trump documentary set for release this year
Amazon Prime Video has licensed an upcoming documentary about incoming first lady Melania Trump that is set to be released later this year, an Amazon MGM Studios spokesperson confirmed to NBC News.NBC News - Jan. 5 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
One third of workers say they are considering a job change in 2025
Twenty-twenty-five is set to see seismic change in the workforce, if the findings of a new report are anything to go by. According to the Global Talent Barometer from Manpower Group, 35 percent of ...The Hill - Jan. 3 -
America needs a real challenger to corporate greed, not conspiracy-riddled RFK Jr.
We need more policy leaders who are genuinely committed to challenging corporate power without harmful quackery.The Hill - Jan. 3 -
French red wine in sharp decline as tastes change among young drinkers
Domestic consumption falls as consumers switch to beer, spirits and alcohol-free optionsFinancial Times - Jan. 3 -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - Jan. 2 -
Tesla Shares Slip After First Annual Sales Decline
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.The New York Times - Jan. 2 -
DOJ Takes the Dizzying Corporate Transparency Act Saga to the Supreme Court
The anti-money laundering law has been volleyed back and forth at the appeals level. Should businesses comply with its reporting requirements anyway?Inc. - Jan. 2 -
Tesla sales declined for first time in a decade
Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...CBS News - Jan. 2 -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - Jan. 2 -
Tesla reports first annual decline in deliveries
Elon Musk's Tesla, which saw its stock surge after Trump's election, reported its first-ever annual decline in deliveries.NBC News - Jan. 2 -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Neil Young shuns Glastonbury over 'corporate control'
The rock star says the festival, which is partnered with the BBC, is "now under corporate control".BBC News - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
Get your house in order, Europe — or face 'ongoing decline,' economists warn
Economists say the absence of growth, fiscal imbalances and political intransigence could lead to decline and a loss of standing for Europe as a whole.CNBC - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
Neil Young pulls out of Glastonbury 2025, claiming festival is ‘under corporate control’ of BBC
The 79-year-old musician says the music festival is ‘not the way I remember it being’ after BBC ‘wanted us to do a lot of things in a way we were not interested in’. Neil Young has announced that ...The Guardian - Jan. 1 -
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NHL Power Rankings: Setting New Year's resolutions for every team as Golden Knights take over top spot
Every team has something it can work on in 2025 as we reach the midway point of the regular seasonCBS Sports - Jan. 1 -
Eight years, three league titles and lots of money: how Oscar made a success of China stay
The Brazilian, in contrast to many other players, embraced living in China with his family and will be sorely missed. In November, Shanghai Port celebrated a third Chinese Super League (CSL) title ...The Guardian - Jan. 1 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
China's Xi Jinping Nods to 'External Uncertainties' in New Year's Speech
Weeks before Trump takes office, the Chinese leader is seeking to shore up confidence that China’s economy can withstand threats.The Wall Street Journal - Dec. 31 -
Jonas Eidevall set to become San Diego Wave head coach on three-year deal
San Diego Wave is set to hire Jonas Eidevall as its new head coach on a three-year contract, sources briefed on the deal tell . The former Arsenal head coach has been out of work since leaving the ...Yahoo Sports - Dec. 31
