Latest in Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories
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Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories
Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.Business - CNBC - 5 hours ago -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - 2 hours ago -
Stellantis Says Moving Quickly to Cut U.S. Inventories
Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...Business - The Wall Street Journal - 3 hours ago -
Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.Business - The Wall Street Journal - October 17 -
Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.Business - The Wall Street Journal - October 16 -
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Business - MarketWatch - October 16 -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22 -
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 -
Stellantis Expands Mexico Factory to Build More Ram Pickups Outside the U.S.
Such a step by the automaker would threaten its already-frayed relationship with the UAW, which has criticized moves to cut U.S. jobs.Business - The Wall Street Journal - October 15 -
U.S. business inventories expand for fifth straight month in August, bolstering economic outlook
Business inventories rose 0.3% for the second straight month and for the fifth straight month overall in August, the Commerce Department said Thursday.Business - MarketWatch - October 17 -
Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels
Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.Business - MarketWatch - October 23 -
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 - Yesterday -
As Gaza Cease-Fire Talks Resume, Little Progress Is Expected Before the U.S. Election
Analysts said Israel was expected to wait until the outcome of the election before deciding on its stance on a cease-fire in Gaza. Hamas officials seem reluctant to compromise.World - The New York Times - 2 days ago -
Bezos breaks silence, defends move to drop Washington Post presidential endorsements
Jeff Bezos, the billionaire founder of Amazon and owner of The Washington Post, broke his silence late Monday in the face of an intensifying controversy over the outlet's decision not to endorse a ...Politics - The Hill - 2 days ago -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - Yesterday -
Jean Paul Gaultier Owner Puig Brands Posts Higher Revenue Boosted by Fragrances
The owner of brands including Jean Paul Gaultier, Carolina Herrera and Nina Ricci increased sales by 11% in the third quarter, beating analysts’ forecasts.Business - The Wall Street Journal - Yesterday -
Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel
Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.Business - MarketWatch - Yesterday -
Oil giant Shell posts $6 billion profit beat, launches new share buyback program
British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.Business - CNBC - 3 hours ago -
Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’
Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back ...Business - MarketWatch - October 17 -
U.S. oil posts worst day in two years after Israel spares Iran crude facilities
Oil prices lost ground on Monday after Iranian energy facilities were spared during an Israeli attack over the weekend.Business - CNBC - 2 days ago -
Joker: Folie à Deux Drops 81% In Second Weekend At The U.S. Box Office
Before the month of October, if anyone had predicted that Joker: Folie à Deux would fall from No. 1 after only a single weekend to another killer clown movie then it would have been easy to ...Tech - GameSpot - October 15 -
U.S. oil prices log biggest weekly drop in a year as demand concerns persist
Crude futures finished with a loss on Friday, just a day after posting a gain for the first time in five days, with prices of the U.S.-traded benchmark ending below $70 a barrel and marking its ...Business - MarketWatch - October 18 -
Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - 2 days ago -
Almanac: October 27
"Sunday Morning" looks back at historical events on this date.Top stories - CBS News - 4 days ago -
10/27: Sunday Morning
Hosted by Jane Pauley. In our cover story, Norah O’Donnell sits down with Vice President Kamala Harris in the final days of her campaign for the White House. Plus: Tracy Smith interviews music ...Top stories - CBS News - 3 days ago -
10/27: Face the Nation
This week on "Face the Nation with Margaret Brennan," Republican vice-presidential candidate JD Vance discusses Russian disinformation campaigns and the Trump-Vance ticket's "women problem." Plus, ...Top stories - CBS News - 3 days ago -
The widow-maker ETF
People just can’t stop themselves buying TLTWorld - Financial Times - October 22 -
Trump Faces Tough Questions From Hispanic Voters, but Largely Defends or Dodges
In a town hall that Univision broadcast on Wednesday night, Donald J. Trump did not directly answer many frank questions on climate change, immigration, abortion rights and other topics.Top stories - The New York Times - October 17 -
Are The Ottawa Senators Finally Ready to Dodge Another Disastrous November?
With a win in Vegas, the Senators can ensure they will finish October with a record above .500Sports - Yahoo Sports - 5 days ago -
Sanders blasts Trump for dodging question on raising living wage at McDonald’s
Sen. Bernie Sanders (I-Vt.) criticized former President Trump on Sunday for dodging a question during last week's campaign stop at McDonald's about raising the minimum wage to a living wage. “You ...Politics - The Hill - 3 days ago -
Hong Kong slashes tax on spirits to boost nightlife
Chinese territory’s chief executive John Lee tries to turn around economy amid fall in tourism and consumptionBusiness - Financial Times - October 16 -
Brewers hit by flagging sales in China
Carlsberg and AB InBev report declining volumes in important marketBusiness - Financial Times - 2 hours ago -
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Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - 5 hours ago -
The 27 best new products this month
The best new products this October are the Rhode Barrier Balm, Ninja Crispi, New Balance Fresh Foam X 1080v14 and Shark FlexFusion. Here’s how to shop them.Top stories - NBC News - October 17 -
The week's bestselling books, Oct. 27
The Southern California Independent Bookstore Bestsellers list for Sunday, Oct. 27, 2024, including hardcover and paperback fiction and nonfiction.Entertainment - Los Angeles Times - October 23
