Latest in Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business
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Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business
The company’s shares fell to the bottom of the Stoxx Europe 600 index as higher operating costs and weakness in some of its business units dented earnings.The Wall Street Journal - 1d -
S&P 500 Hits Record High Amid Strong Earnings and Easing Inflation Concerns
Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.The New York Times - 2d -
CNN hit with 6% staff cut as network sets a plan for a digital future
Cable cord-cutting and a decline in revenue led to a significant workforce reduction at the Warner Bros. Discovery unit while new employees are hired for digital efforts.Los Angeles Times - 2d -
England slump to crushing T20 defeat in Women's Ashes
England's misery against Australia continues as the tourists are bowled out for 90 in a shambolic 72-run defeat in the third Women's Ashes T20.BBC News - 18h -
Ericsson shares skid as enterprise trouble offsets AT&T boost
Ericsson shares slumped Friday as the telecom equipment maker missed on fourth-quarter profit due to its struggling enterprise division.MarketWatch - 1d -
CNN shuffles programming lineup amid network restructuring
CNN is making changes to its weekday lineup as part of a larger restructuring and cost-cutting effort across the company. The cable channel announced Thursday that longtime anchor Wolf Blitzer's ...The Hill - 2d -
Most-Downloaded PlayStation Network Games In 2024
PlayStation had an interesting 2024. On one hand, it had great console-exclusive games like Helldivers 2 , Astro Bot , and Final Fantasy VII Rebirth . On the other, Concord 's disastrous ...GameSpot - 2d -
Sainsbury’s to cut 3,000 jobs as rising costs hit business
Supermarket chain will lose a fifth of senior management roles and close in-store cafésFinancial Times - 2d -
Share of U.S. companies in China looking to relocate hits a record high, survey finds
A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday.NBC News - 2d -
Share of U.S. companies in China looking to relocate hits a record high, survey finds
A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.CNBC - 3d -
EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.CNBC - 3d -
The 2024 election exposed Republicans' worst weakness
The 2024 election exposed a vulnerability for Republicans, relying heavily on individual donors, which leaves them exposed in the 2026 midterms and beyond.The Hill - 3d -
Trainline shares hit by UK plans for state-backed rival
Government outlines proposal for online service that brings together train operators’ ticketing websitesFinancial Times - 3d -
Reddit shares rise 7%, hit record as Raymond James raises price target
Reddit shares closed up more than 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their "strong buy" rating.CNBC - 4d -
Apple's Smartphone Sales Slump in China as Huawei Gains Market Share
The U.S. tech giant’s fourth-quarter iPhone sales fell 18% in the world’s largest smartphone market.The Wall Street Journal - 4d -
Bitcoin hits new record high, dollar dips ahead of Trump inauguration – business live
Bitcoin rises by 4% past $109,000, reversing earlier losses; Donald Trump meme coin price tanks after wife Melania also launches token. The UK chancellor, Rachel Reeves , will travel to the ...The Guardian - 5d -
Weak UK demand for electric vehicle charging sparks investor alarm
Pod Point shares fall almost 40% after group backed by L&G warns on revenuesFinancial Times - 5d -
The L.A. Fires Expose a Web of Governments, Weak by Design
Who’s in charge? The muddled jurisdiction of Los Angeles leaves a critical question in doubt.The New York Times - 6d -
Kennedy’s Plan for the Drug Crisis: A Network of ‘Healing Farms’
The positions of Robert F. Kennedy Jr. on vaccines and drug companies are well known. His approach to addiction has been far less scrutinized.The New York Times - Jan. 18 -
The Celtics are in a slump — and their biggest issue is surprising
Should Boston be worried or is this just a blip on the radar?Yahoo Sports - Jan. 17 -
The 'Trump Home Shopping Network' is on the air — buyer beware
Days from taking office, President-elect Trump is hawking a "God Bless the USA Inauguration Day Bible" and other products.The Hill - Jan. 17 -
Nintendo Shares Slump as Switch 2 Announcement Underwhelms
The Japanese company’s much-anticipated successor to its Switch console disappointed investors with a lack of specifics and a design that feels more like an update than a reinvention.The Wall Street Journal - Jan. 17 -
UK companies outpace US businesses in share buybacks
FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share priceFinancial Times - Jan. 17 -
The Guardian view on Keir Starmer’s economy: no acute crisis, but chronically weak | Editorial
Labour should ask the Bank of England if it can do more to boost growth. Recent days of market turmoil have elicited some extraordinary responses. The fact that investors are demanding higher rates ...The Guardian - Jan. 16 -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - Jan. 15 -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - Jan. 15 -
Tax Deadline for 2024 Disaster-Hit Small Businesses Nears
The IRS cautions many small businesses that the filing extension periods given after natural disasters last year will end in early February, though other will have until May.Inc. - Jan. 15 -
UK inflation unexpectedly cools to 2.5%, core price print slows further
U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.CNBC - Jan. 15 -
Storm use core player designation on Williams
Gabby Williams, who averaged a career-high 10.3 points last season, was designated as the Storm's core player and will not become an unrestricted free agent.ESPN - Jan. 14 -
MSNBC President Rashida Jones is leaving the network
Jones ends her four-year run at the network. Her second-in-command, Rebecca Kutler, will be interim president.Los Angeles Times - Jan. 14 -
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'Arteta paying price for not curing glaring Arsenal weakness'
Arsenal's season is in the balance, as their FA Cup exit highlights manager Mikel Arteta's failure to sign a striker.BBC News - Jan. 12 -
'No room for weakness' - Australia deliver statement win
Australia show they can win even with a below-par performance, sending England an early warning in the opening match of the Women's Ashes.BBC News - Jan. 12 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - Jan. 10 -
Ubisoft Shares Fall After Net Bookings Slump, Assassin's Creed Delay
The stock dropped after the videogame maker said it expected a decrease in third-quarter net bookings and pushed back the release of its blockbuster game for a second time.The Wall Street Journal - Jan. 10 -
The uncomfortable truth about social media networks
It may be impossible to run an uncensored network while presenting an environment where anyone can feel safeFinancial Times - Jan. 10 -
‘There will be a bit of a slump’: London braced for luxury hotel glut
Biggest number of room openings in more than a decade prompts concerns about oversupply and price cutsFinancial Times - Jan. 4 -
How Business Owners Can Energize Their Teams and Hit Big Goals in 2025
Ditch predictable plans and inspire your team with bold moves and honest conversations.Inc. - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3
