Maersk Profit Rises as Red Sea Disruptions Continue

Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates higher.

Business - The Wall Street Journal - 10 hours ago

Meta Earnings Show Revenue Increase, Even as Spending Spree Continues

The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.

Business - The New York Times - 22 minutes ago

Peru bus drivers strike disrupts Lima amid rising crime concerns

World - Yahoo News - October 23

Tensions rise as Israel continues strikes on Lebanon, Gaza

Israel continued strikes in both Gaza and Lebanon. Israeli Prime Minister Benjamin Netanyahu on Sunday warned the U.N. to remove its peacekeeping force from southern Lebanon. Debora Patta reports.

Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

Morgan Stanley rounds off strong earnings season

Business - Financial Times - October 16

Barclays profits rise 23% as dealmaking returns

UK bank lifts guidance for net interest income

Business - Financial Times - October 24

NatWest profits rise by a quarter as lending and deposits grow

Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn

Business - Financial Times - 6 days ago

StanChart to double investment in wealth management as profits rise

Wealth business had record quarter as revenues rose 32%

Business - Financial Times - Yesterday

BNP profits rise driven by global markets business

Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income trading

Business - Financial Times - 11 hours ago

Yemen's Houthi rebels target ship in the Bab el-Mandeb Strait off Red Sea

Yemen’s Houthi rebels targeted a ship traveling through the narrow Bab el-Mandeb Strait off the Red Sea on Monday, though it escaped undamaged

World - ABC News - 2 days ago

Red Wings Continue Stumbling Start In 5-2 Loss To Rangers

Poor defense and failed adjustments have led the Red Wings to their third loss in four games to begin the season, putting a damper on their ambitious goals and raising questions of what comes next

Sports - Yahoo Sports - October 18

SK Hynix Profit Momentum Continues on AI-Chip Demand

SK Hynix posted record earnings in the third quarter as it continued to ride strong demand for powerful computing chips to support artificial-intelligence applications.

Tech - The Wall Street Journal - October 23

BlackBerry Sees Rising Profitability Through Focus on Growth Opportunities

The Canadian company told investors its immediate priority was streamlining investments in its Cylance cybersecurity unit and focusing on opportunities for growth, mainly QNX.

Business - The Wall Street Journal - October 16

Hong Kong Exchange Operator's Profit Rises on Strong Trading, Listings

Hong Kong’s stock-exchange operator reported higher profit for the second straight quarter as improved market sentiment boosted trading and listing activity.

Business - The Wall Street Journal - October 23

ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook

ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.

Business - MarketWatch - 5 hours ago

Arsenal’s red card issues continue, Frankfurt CEO Axel Hellmann stops in & should Messi win MLS MVP?

Christian and Alexis react to another Arsenal red card. Then, the guys chat with Eintracht Frankfurt CEO Axel Hellmann about how American fans can engage with German clubs. Later, Christian and ...

Sports - Yahoo Sports - October 21

3M’s stock turns red as profit beat, but retail customers are still holding back

The maker of Post-it Notes saw it’s stock surge to a multi-year high, then pull a sharp U-turn into the red, even as earnings beat expectations.

Business - MarketWatch - October 22

College Football QB Power Rankings: Clemson's Cade Klubnik continues rise, earns apology in the process

Since his Week 1 loss to Georgia, the Clemson quarterback has been proving his doubters wrong and scorching opposing defenses

Sports - CBS Sports - October 16

NFL Week 8 Power Rankings: Lions' Jared Goff playing at an MVP level; Steelers, Commanders continue to rise

Pete Prisco shares his Power Rankings heading into Week 8 of the 2024 season

Sports - CBS Sports - October 22

10-year Treasury yield rises to fresh three-month high as U.S. rates continue their ascent

The yield on the 10-year Treasury continued its ascent on Monday after hitting a three-month high last week.

Business - CNBC - 2 days ago

Treasury yields rising on potential ‘red wave’ election result that pushes up deficit

Billionaires are betting against U.S. government bonds. But yields are climbing on good news about the economy, too.

Business - MarketWatch - October 23

Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

Business - CNBC - October 18

The Musk-led group driving millions to Trump’s White House bid

Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox News