Latest in Givaudan Reports Profit Rise, Expects to Exceed Five Year Sales Target
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Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - Jan. 13 -
Switch 2 Reveal Coming This Week, Launch Expected May Or June - Report
According to a new report, Nintendo may announce the Switch 2 on Thursday, January 16, and then launch the console possibly in May or June.. NateTheHate , who has accurately reported on ...GameSpot - Jan. 13 -
Taiwan reports 'significant rise' in suspected Chinese espionage
Taiwanese charged with suspicion of spying on behalf of China rose by a third to 64 people last year, the island’s National Security Bureau said.NBC News - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
LA fires death toll rises to 24 as high winds expected
The dry Santa Ana winds are expected to pick up overnight and continue to cause problems until Wednesday.BBC News - Jan. 13 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - Jan. 10 -
Treasury yields jump after US jobs report smashes expectations
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cutsFinancial Times - Jan. 10 -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - Jan. 10 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 10 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10 -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - Jan. 10 -
Report is expected to add clarity after some erratic months.
Without the gyrations caused by strikes and storms, the overall picture for the close of 2024 is expected to reflect steady growth.The New York Times - Jan. 10 -
World’s largest chip maker, Taiwan Semiconductor Manufacturing, reports record sales
The key supplier of advanced chips for the world’s leading tech companies saw record revenue in the final quarter of 2023.MarketWatch - Jan. 10 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
Amad Diallo signs new five-and-a-half-year deal at Manchester United
22-year-old has had breakout season at Old Trafford Ivorian says: ‘I fully believe that we are on the right path’ Amad Diallo has signed a new long-term deal with Manchester United, committing ...The Guardian - Jan. 9 -
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UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - Jan. 9 -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - Jan. 8 -
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 - Jan. 7 -
'I can't spend another five years in my caravan'
A Doncaster mum suffers her second major flood in five years.BBC News - Jan. 7 -
Brent Rooker extension: Slugger agrees to five-year, $60 million deal with Athletics, per report
The extension will keep Rooker around as the A's move to Sacramento and, theoretically, Las VegasCBS Sports - Jan. 7 -
Lucid reports record quarterly vehicle deliveries, meets production target
Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target.NBC News - Jan. 6 -
Lucid reports record quarterly vehicle deliveries, meets production target
Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024.CNBC - Jan. 6 -
Washington Post expected to lay off dozens of staffers in coming week – report
‘Cuts will be deep’, media reporter writes, after paper faced scrutiny for halting endorsement of Harris in October. Dozens of employees are expected to be laid off at the Washington Post in the ...The Guardian - Jan. 6 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
All five living US presidents expected to come together to mourn Jimmy Carter
Biden set to lead tributes at funeral service but cameras likely to be trained on Trump. Americans are hoping for a rare moment of political unity this week when all five living presidents – ...The Guardian - Jan. 5 -
These ETF strategies were big winners last year. What to expect in 2025.
Investors piled more than $1.1 trillion into the U.S. ETF universe in 2024, with total assets reaching a record of at least $10 trillion.MarketWatch - Jan. 4 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
Ford and GM report best annual U.S. sales since 2019
Both General Motors and Ford reported their best annual U.S. new vehicle sales since 2019, prior to impacts from Covid and yearslong supply chain problems.NBC News - Jan. 3 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - Jan. 2 -
Bourbon Street expected to reopen on Thursday after deadly attack: Report
New Orleans plans to reopen Bourbon Street to the public Thursday after the deadly attack on New Year’s Day. Shamsud-Din Jabbar, 42, rammed a pickup truck down the crowded street early Wednesday, ...The Hill - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - 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 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - Jan. 2 -
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Morning Report — Five Johnson holdouts to watch
In today’s issue: What do the holdouts want? What can sway them? Speaker Mike Johnson’s (R-La.) fate rests with a handful of House Republicans who, despite a clear endorsement from ...The Hill - Jan. 1
