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Ski-Doo Maker BRP Looks to Shed Struggling Marine Brands
Sea-Doo and Ski-Doo maker BRP said it intends to sell off the majority of its marine businesses, which have been weighed down by softer consumer demand, to focus on powersports products such as ...Business - The Wall Street Journal - October 17 -
AI Boom Is Real---and Really Profitable---Says Chip Maker TSMC
The world’s largest contract chip maker says revenue from AI-related products is expected to triple this year.Business - The Wall Street Journal - October 17 -
Absolut Vodka Maker Pernod Ricard Posts Lower Sales
The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.Business - The Wall Street Journal - October 17 -
Truck maker Volvo's Q3 adjusted profit falls more than expected
Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...Sports - Yahoo Sports - October 18 -
Embraer CEO says jet maker studying possibilities for a new aircraft
The company is focusing on selling its E2 and regional jets and addressing supply chain issues, the CEO said.Business - CNBC - October 18 -
Watch maker Patek Philippe launches first new collection in 25 years
The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand.Business - CNBC - October 18 -
Embraer CEO says jet maker studying possibilities for a new aircraft
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC.Top stories - NBC News - October 18 -
Boeing workers to vote on ending strike in critical week for plane maker
Union members to consider offer on Wednesday that could restart production stalled for more than a monthBusiness - Financial Times - October 20 -
Starboard reportedly takes big stake in Tylenol maker Kenvue
Activist investor Starboard Value has taken a sizeable stake in Kenvue, the maker of Tylenol and Listerine, and is seeking changes, according to reports Sunday night.Business - MarketWatch - October 21 -
Boeing's CEO Is Shrinking the Jet Maker to Stop Its Crisis From Spiraling
A strike by its machinists union could end soon, but the company remains in a perilous financial position.Business - The Wall Street Journal - October 20 -
Blade Runner 2049 maker sues Musk over robotaxi images
Alcon Entertainment says it denied a request to use material from the film at the Tesla cybercab event.Top stories - BBC News - October 22 -
Tesla earnings are the ‘next big thing’ for the EV maker as it tries to be magnificent again
Tesla’s stock has traded lower after six of its last eight reports, with the average stock price swings of plus or minus 10% in the past eight post-earnings days.Business - MarketWatch - October 22 -
Boeing reports $6bn loss as chief faults ‘serious performance lapses’
Kelly Ortberg calls for cultural change ahead of union vote on whether to end six-week strikeBusiness - Financial Times - October 23 -
Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.Top stories - CBS News - October 23 -
The Maker of Ozempic Is Trying to Block Compounded Versions of Its Blockbuster Drug
Novo Nordisk has asked the FDA to block production of compounded copies of Ozempic, arguing that it’s too difficult to do safely. It’s the latest escalation in a brewing war between pharmaceutical ...Tech - Wired - October 23 -
Lysol Maker Reckitt Benckiser Beats Views as Easing Prices Draw Shoppers
Lysol maker Reckitt Benckiser’s revenue fell by less than expected in the third quarter as declines in sales volumes eased, and confirmed its targets for the full year.Business - The Wall Street Journal - October 23 -
Hoka shoes are so popular, their maker just crushed quarterly estimates
Deckers Outdoor also guided for a 12% sales increase for fiscal 2025.Business - MarketWatch - 5 days ago -
Foreign appliance maker on Trump tariffs: Risks, opportunities, ‘but mostly uncertainty’
A Swedish appliance maker with factories in the U.S. doesn’t know quite what to make of the possibility of new tariffs in a second Trump presidency.Business - MarketWatch - 5 days ago -
Merger between makers of Coach and Michael Kors handbags halted by judge
Merger between luxury handbag makers would reduce competition and hurt consumers, U.S. District judge says.Top stories - CBS News - 5 days ago -
IV fluid maker says expiration date extensions approved
North Carolina hospitals reeling from Hurricane Helene may soon get some relief from a critical IV fluid shortage. The Food and Drug Administration approved changing the expiration date on ...Politics - The Hill - Yesterday -
Japanese lift maker Fujitec explores sale to private equity
Talks with multiple groups including Sweden’s EQT have taken place in recent monthsWorld - Financial Times - 14 hours ago -
Crypto has designs on real estate
Buying blockchain-listed ‘slices’ of properties is a nascent, niche and troubled market. Can it find its feet beyond the crypto crowd?Business - Financial Times - October 18 -
Designers push for Black hairstyle emojis
There are almost 4,000 emojis to help people express themselves online, but a group of young design students in London says not one features Black or mixed-race hairstyles. As CBS News' Tina Kraus ...Top stories - CBS News - 6 days ago -
Britain’s period of ‘National Reviewal’
Also in this week’s newsletter, SME export sales dipWorld - Financial Times - 6 days ago -
Boohoo Reviews Frasers' Requests
The online fashion company said it was reviewing Frasers’ recent requests for appointments to its board and that it remained willing to discuss representation with its major shareholder.Business - The Wall Street Journal - 5 days ago -
Redacted Review - Prison Break
You wouldn't know just from looking at it--with its vivid, comic book-esque art style and irreverent punk-rock tone--but Redacted (officially styled as [REDACTED]) actually takes place in the same ...Tech - GameSpot - Yesterday -
NFL Week 6 scores: Ravens, Lamar Jackson win battle of MVP candidates, Buccaneers demolish Saints
Lamar Jackson vs. Jayden Daniels is appointment viewing this week.Sports - Yahoo Sports - October 13 -
Pulp Fiction at 30: Quentin Tarantino’s masterwork remains electric
The 1994 follow-up to Reservoir Dogs is a remarkable act of alchemy, winning over both arthouse and multiplex audiences like nothing else before it. Opening Pulp Fiction with the literal two-part ...World - The Guardian - October 14 -
Peugeot owner and VW call for faster switch to electric vehicles
Stellantis chief warns that longer transition to EVs is a ‘big trap’ at Paris motor show. Business live – latest updates Bosses at two of Europe’s biggest car manufacturers have called an ...World - The Guardian - October 14 -
Global Electricity Demand Is Rising Faster Than Expected, I.E.A. Says
A surge in power use worldwide could make it harder for nations to slash emissions and keep global warming in check.Top stories - The New York Times - October 16 -
Air conditioning will be major driver of electricity demand, says IEA
Higher temperatures and rising incomes could boost power demand coming from home cooling units by 280% by 2050Business - Financial Times - October 16 -
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency saidBusiness - MarketWatch - October 16 -
Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
Europe's top carmakers unveiled low-cost EVs at the Paris Motor Show this week, seeking to recapture some of the market share held by Chinese brands.Business - CNBC - October 17 -
Hit the lights: Mets outfit Citi Field for electric light shows
The Mets are lighting up Citi Field, even before their batters step up to the plateSports - ABC News - October 17 -
Cuba suffers complete blackout after national electrical power grid fails
Most businesses were closed on Friday as officials blamed deteriorating infrastructure and fuel shortages for failure. Cuba restored a trickle of power to its grid by mid-evening on Friday, ...World - The Guardian - October 18 -
Biden administration announces $2 billion in funds to strengthen electric grid
The Biden administration on Friday announced $2 billion in funding for projects to strengthen the resilience of the U.S. grid against extreme weather, an increasing concern following two ...Politics - The Hill - October 18 -
Cuba's power grid fails leaving millions without electricity
Cuba is experiencing a nationwide blackout after a major power plant failure, shutting down the electrical grid and leaving 10 million people without power. This outage adds to an ongoing crisis, ...Top stories - NBC News - October 18