Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts

In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.

Business - CNBC - October 30

Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses

Business - MarketWatch - October 30

VW boss Blume says company's cost-cutting goals are set

World - Yahoo News - November 3

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

Business - CNBC - October 31

Volkswagen in Drive to Cut Costs as Earnings Plunge

The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.

Business - The Wall Street Journal - October 30

Google CEO says more than 25 percent of company's new code written by AI

More than a quarter of Google's new code is being generated by artificial intelligence (AI), CEO Sundar Pichai revealed during Tuesday's third-quarter earnings call for the leading tech company. ...

Politics - The Hill - October 30

Companies rush to US bond market as Trump rally cuts borrowing costs

Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this week

Business - Financial Times - 6 days ago

Companies brace for Tuesday: Mentions of election surge on earnings conference calls

More companies are talking publicly with investors about the presidential election than in recent cycles.

Business - CNBC - November 2

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Following comments on Google's earnings call about continuing cuts, employees wanted answers at the company's latest all-hands meeting.

Business - CNBC - November 1

Ukrainian Soldiers Say Trump's Peace Push Could Come With a Huge Cost

A rapid conclusion to the war now would likely leave Kyiv with the rough end of the deal.

World - The Wall Street Journal - November 8

BT says UK Budget will lift costs by £100mn as it lowers revenue guidance

Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’

World - Financial Times - November 7

10-year Treasury yield jumps on week as Powell says Fed not in a hurry to keep cutting rates

The 10-year Treasury yield inched higher on Friday as investors digested Federal Reserve Chair Jerome Powell's latest comments and await further economic data.

Business - CNBC - 6 days ago

Big companies are seeing more turnover in the CFO chair. Here's why that matters

CFO turnover hit 8.9% globally during the period, surpassing levels in 2022 and 2023.

Business - CNBC - October 26

How games companies can attract (and keep) new talent

Microsoft's Dametra Johnson-Marletti spoke at GamesBeat Next's Women in Gaming Breakfast about ways gaming can nurture its future leaders.

Tech - VentureBeat - November 7

Societe Generale Taps Sabadell's Alvear as New CFO

The French bank outlined several management changes as it reported a sharp rise in net profit for the third quarter, helped by higher banking income.

Business - The Wall Street Journal - October 31

New Lord Mayor to push pension funds to invest more in London-listed companies

Alastair King takes office in the Square Mile on Friday and says measure necessary to boost stock market

World - Financial Times - November 8

Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party

Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdict

World - Financial Times - October 30

Hospitals in firing line of forgotten war

Sudan’s brutal civil war is taking a devastating toll on the country’s health facilities

World - Financial Times - October 30

Why EU defence and security policy will stay in the hands of capitals

Also in this newsletter: wading into France’s budget mess

World - Financial Times - October 30

Barcelona mayor defends ban on tourist flats saying ‘drastic’ action needed to cut housing costs

Jaume Collboni determined to follow through with plan that he says will return 10,000 properties to city’s residents. The decision made headlines around the world, sparking surprise and threats of ...

World - The Guardian - 2 days ago

With healthy Tua Tagovailoa, can rejuvenated Dolphins make late push for postseason berth?

The Dolphins are 4-6 but have won back-to-back contests

Sports - CBS Sports - 8 hours ago

Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO

Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.

Business - MarketWatch - October 31

Google’s strong earnings boosted by cloud computing gains

Parent company Alphabet’s shares rise 6% as results show lift from AI demand

Business - Financial Times - October 30

Apple analyst Kuo says company cut iPhone 16 orders by 10 million units

Apple shares slid Wednesday after industry supply chain analyst Ming-Chi Kuo said the company has cut orders for the iPhone 16 by about 10 million units.

Business - CNBC - October 23

49ers' Christian McCaffrey expected to make season debut Sunday vs. Bucs, says Kyle Shanahan

The Niners are ready to run CMC.

Sports - Yahoo Sports - November 8

Abuse survivors call for further Church of England resignations

The Archbishop of Canterbury has announced he will step down over a damning report into abuse.

Don't delay making stroke 999 call , says NHS

The average time taken to call an ambulance for a stroke was nearly 88 minutes, analysis found.

X Names New CFO as Musk Shifts Focus to Trump Administration

Mahmoud Reza Banki, former Tubi finance chief, joins platform amid financial challenges.

Business - The Wall Street Journal - November 13

Why ‘Affordable Housing’ in New York City Can Still Cost $3,500 a Month

Soaring rents and few options have made it hard for average people to live in the city. Even “affordable” units often cost too much.

Top stories - The New York Times - November 12

23andMe’s stock falls after company says there’s substantial doubt it can stay in business

Shares of 23andMe fell 4% Tuesday after the DNA-testing company reported its latest quarterly loss and included “going concern” language in its financial statements, shedding gains made late Monday ...

Business - MarketWatch - November 12

Starbucks turnaround plan has ‘merit’ but its unknown cost makes the stock a ‘sell,’ analyst says

Redburn Atlantic’s Edward Lewis downgrades coffee-shop giant after new Chief Executive Brian Niccol unveils his “Back to Starbucks” plan.

Business - MarketWatch - November 13

Justice Department calls for breakup of Google and sale of Chrome

The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.

DOJ calls for breakup of Google and sale of Chrome

The Justice Department is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market.

Google vs the DoJ fight will be decided by a political call

How the new Trump administration acts on the case will be a key test of its attitude to Big Tech

World - Financial Times - 5 hours ago

England’s universities regulator warns of worsening financial outlook

‘Bold’ action required to stop higher education institutions falling into insolvency, says Office for Students

World - Financial Times - 6 days ago

Do I need inheritance tax insurance?

Budget changes prompt wave of interest in life cover to avoid families scrambling to pay tax bills

World - Financial Times - 6 days ago

Trump and the small caps

Why little companies like the red sweep

World - Financial Times - 6 days ago

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