Latest in Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
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Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - 6h -
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC’s struggles relate to collapse of property developer China EvergrandeFinancial Times - 7h -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - 1d -
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Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - 5h -
Trump to meet with Senate Republicans on Wednesday
President-elect Trump will be on Capitol Hill on Wednesday at the invitation of Senate Republican leadership, according to three sources familiar with the invitation. GOP leaders haven’t released ...The Hill - 18h -
Nvidia, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.CNBC - 21h -
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 - 1d -
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 - 1d -
China rips US over sanctions in hacking incidents targeting infrastructure
China slammed the U.S. on Monday for sanctioning a Beijing-based cybersecurity firm allegedly behind a botnet targeting American infrastructure, accusing Washington of “using the issue of ...The Hill - 1d -
Meet the Press – January 5, 2025
Sen. John Thune (R-S.D.), Sen. Chuck Schumer (D-N.Y.), Sen. Adam Schiff (D-Calif.), Carol Lee, Jonathan Martin, Symone Sanders Townsend and Marc ShortNBC News - 2d -
How Oakland's Creative Growth enabled generations of artists
In 1974, psychologist Elias Katz and his wife Florence, an artist, started Creative Growth Art Center, a space where artists with disabilities could make art, some of which has been acquired and ...CBS News - 2d -
New Orleans attacker fell into extremism after marital and financial woes
Shamsud-Din Jabbar once worked at a major accountancy, but a chaotic family life undermined his stability. Shamsud-Din Jabbar’s descent into religious extremism unfolded over years – but his deadly ...The Guardian - 3d -
Fire at food market in northern China kills eight people and injures 15
Cause of fire in city of Zhangjiakou in Hebei province is under investigation. At least eight people have died and 15 are injured after a fire broke out at a food market in northern China, ...The Guardian - 3d -
4 Ways to Drive Organic Business Growth
As companies find funding harder to come by, more are turning toward organic growth strategies. Here’s what they look like.Inc. - 3d -
Fire at a food market in northern China kills at least 8 and injures 15
Chinese state media says a fire at a food market in northern China killed at least eight people and injured 15 othersABC News - 3d -
Rivian meets its 2024 vehicle production target after lowering projections
Rivian on Friday said it produced 49,476 electric vehicles last year.CNBC - 4d -
Timeline of New Orleans attack: Suspect's marital, financial woes come into focus
As a portrait begins to emerge of the suspect behind the deadly New Orleans attack, federal investigators have laid out a timeline of events.ABC News - 4d -
Fee change on investment trusts could badly hit manager revenues
Greencoat UK Wind’s charge shake-up could be copied by other trustsFinancial Times - 4d -
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 - 4d -
Google’s antitrust woes spark analyst downgrade of Alphabet’s stock
JMP Securities cited “the risk of antitrust penalties that could significantly impact Google’s U.S. distribution of search and search revenue.”MarketWatch - 4d -
Sweden's green industry hopes hit by Northvolt woes
Financial problems at battery maker Northvolt have shaken hopes for Sweden's green industry sector.BBC News - 4d -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - 4d -
Johnson meets with conservatives as speakership in jeopardy
It's unclear whether House Speaker Mike Johnson has enough support to remain speaker for another term.CBS News - 4d -
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China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - 4d -
Why Wall Street Expects the Stock Market to Have a Big 2025
Analysts see corporate earnings improving beyond just big tech names.Inc. - 5d -
2025 NFL QB market: Top free agents, trade targets, cut candidates, projected landing spots, contracts, more
Playing matchmaker for big names and needy teamsCBS Sports - 5d -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - 5d -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - 5d -
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Trump’s ‘Maganomics’ will hurt growth, economists tell FT polls
On both sides of Atlantic, most surveyed claim protectionist shift will overshadow benefits of other policiesFinancial Times - 5d -
Skilled immigrants are part of an ‘all of the above’ strategy for growth and prosperity
Elon Musk, Vivek Ramaswamy and the MAGA base have sparked a debate over the H-1B work visa, which is essential for America to keep winning and is a crucial tool for Silicon Valley's innovation and ...The Hill - 5d -
How Katz’s Deli’s Legal Woes Started With the 2011 Zagat Guide
The Lower East Side institution agreed to make renovations to accommodate people with disabilities, long after a “most popular” restaurants list put it under Justice Department scrutiny.The New York Times - 5d -
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China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - 6d -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30
