Nike shares plunge after retailer says quarterly sales will fall 10%, warns on China weakness
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CNBC - Business
10-year Treasury yield tumbles after weak economic data
The benchmark 10-year yield, used to price everything from mortgages to credit cards, slipped for another session. -
MarketWatch - Business
Continental AG shares jump 10% as German firm predicts boost from China
Continental AG told analysts that it expects to achieve higher margins in the second quarter of 2024 compared to the first quarter of the yearChina -
CNBC - Business
10-year Treasury yield falls after unemployment rate rises unexpectedly
U.S. Treasury yields held steady on Friday as markets reopened after the July holiday and investors awaited the latest nonfarm payroll data. -
The Wall Street Journal - World
Hurricane Beryl Shouldn't Pose Threat to Specialty Insurers' Full-Year Targets
Potential Hurricane Beryl losses shouldn’t threaten European specialty insurers’ and reinsurers’ full-year targets, though it is still too soon to tell, RBC Capital Markets said. -
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The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
MarketWatch - Business
Buy this retailer’s stock as an AI play, analyst says
D.A. Davidson’s Michael Baker points to one retailer that stands to get a big AI boost in the coming months. -
Inc. - Business
A Unicorn Founder Shares 10 Lessons on Entrepreneurial Grit, Data, and Making a Difference
The sky's the limit when entrepreneurs embrace discomfort, learn from failure, and persevere with unwavering determination. -
Inc. - Business
After 53 Years, Nike Just Had the Single Worst Day in Its History. Here's How It Happened
There are key lessons both for Nike and for businesses of any size -- including yours. -
The Wall Street Journal - World
The head of America's biggest retail bank, Chase Bank, has a warning for its 86 million customers: Prepare to pay for your bank accounts.
The head of America’s biggest retail bank, Chase Bank, has a warning for its 86 million customers: Prepare to pay for your bank accounts. -
The Guardian - World
England players should share blame for poor performances, says Phil Foden
‘I feel sorry for Gareth. We have to be leaders’Back three trialled in training before quarter-finalPhil Foden has defended Gareth Southgate’s tactics and insisted England’s players should shoulder more of the blame for the team’s underwhelming ... -
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MarketWatch - Business
Retail investors have reached peak bullishness for Nvidia, these analyst say. Here’s where they may go next.
While Nvidia remains a top investment for many who believe the artificial intelligence story is here to stay, retail investors have likely hit “peak” bullishness. -
BBC News - Top stories
Hurricane Beryl leaves Jamaican homes without power
The powerful storm has passed, but torrential rain has prompted new warnings. -
Yahoo Sports - Sports
Clay Holmes blows save, Yankees fall to Red Sox in 10 innings, 5-3
Masataka Yoshida hit a tying, two-run homer off Clay Holmes with two outs in the ninth inning, Ceddane Rafaela homered against Tommy Kahnle leading off the 10th and the Boston Red Sox stunned New York 5-3 on Friday night.MLB -
Wired - Tech
After a 10-Year Wait, Mt. Gox Bitcoin Is Finally Being Returned
Former customers of bankrupt crypto exchange Mt. Gox are preparing to be reunited with their lost bitcoin—and it’s a $9 billion windfall.Crypto -
VentureBeat - Tech
Satisfactory leaves early access after five years on September 10
Satisfactory, Coffee Stain's factory sim game, is officially launching in 1.0 after five years in early access on September 10. -
The Guardian - World
UK construction activity grows despite housebuilding drop; EV sales rise to make up fifth of new car market – business live
Pound steady as UK votes; global stocks extend rally on US rate cut hopes. In stark contrast, construction in the eurozone remains mired in recession, according to a separate survey. Construction activity shrank at a faster rate last month, with ... -
NBC News - Top stories
China anchors ‘monster ship’ in South China Sea, Philippine coast guard says
The Philippines said on Saturday that China’s largest coastguard vessel has anchored in Manila’s exclusive economic zone in the South China Sea, and is meant to intimidate its smaller Asian neighbour.China -
The Hill - Politics
Taiwan says China seized fishing boat under new protocol
Taiwanese officials Wednesday said China seized one of their fishing boats this week under a new protocol that allows the Chinese coast guard to take vessels that operate under its maritime borders. Taiwan's Coast Guard Administration (CGA) said ...China -
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Financial Times - Business
Far right to fall short of majority in French parliament, poll says
Harris Interactive predicts hung parliament ahead of high-stakes run-off on July 7France -
The Wall Street Journal - World
Only China Can End the War in Ukraine, Finland's President Says
Finnish President Alexander Stubb urged Beijing to use its sway over Moscow while also calling on the U.S. to lower growing tensions with China.China -
CNBC - Business
Samsung shares hit over 3-year high after better-than-expected guidance on strong AI demand
Samsung said Friday it expects operating profit for the April to June quarter to be approximately 10.4 trillion won — a jump of about 1,452%. -
The Wall Street Journal - World
American students have been slow to return to China since Beijing ended its strict Covid restrictions in late 2022, deterred in part by a State Department travel warning.
American students have been slow to return to China since Beijing ended its strict Covid restrictions in late 2022, deterred in part by a State Department travel warning.China -
ABC News - World
Belarus rights group says 10 ill political prisoners have been freed
A Belarusian human rights group says at least 10 political prisoners have been freed since the country's authoritarian president this week promised to release seriously ill people who were put behind bars in connection with massive protests nearly ... -
CNBC - Business
10 things to watch in the stock market Wednesday after the S&P 500's record close
U.S. stock futures are little changed after the S&P closed above 5,500 for the first time on Tuesday. -
GameSpot - Tech
10+ Years After Being Announced, The Watch Dogs Movie Is Actually Happening, For Real
More than a decade after the Watch Dogs movie was originally announced, cameras have finally begun rolling. The film was announced in 2013, but stalled multiple times. However, it's now back on and production has officially begun.. Tom Blyth, who ... -
The Guardian - World
‘Rachel Reeves becomes UK’s first female chancellor; former Tory chair says party faces ‘oblivion’ – election live
Rachel Reeves becomes first woman to hold post in 800-years as Angela Rayner named secretary of state for levelling up. UK general election results 2024: live trackerHow Labour did it: inside the campaign that led to ‘Starmergeddon’Clive Myrie is ... -
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ABC News - Tech
China is the runaway leader in generative AI patent applications followed by the US, the UN says
The U.N. intellectual property agency says China has requested far more patents than any other country when it comes to generative AI, with the United States a distant secondChina -
CNBC - Business
China-built EVs hit with EU tariffs; Nio says it may have to raise prices in Europe
Europe on Thursday confirmed tariff increases on electric vehicles imported from China to the continent with automakers criticizing the move.European Union -
NBC News - Top stories
Major retailers are backtracking on self-checkout
After years of investing in self-checkouts, Five Below, Dollar General and others are refocusing on human cashiers, citing long-running concerns about lost inventory. -
ESPN - Sports
Euro 2024 quarterfinal coaches: Style, strengths, weaknesses
Here's what you need to know about the managers who have taken their countries this far. -
The Wall Street Journal - World
China is taking tentative new steps to help disrupt the global supply chain fueling the opioid crisis after intensifying criticism from the U.S.
China is taking tentative new steps to help disrupt the global supply chain fueling the opioid crisis after intensifying criticism from the U.S.China -
NBC News - Top stories
Some retailers are pulling back from self-checkout
Despite the convenience for shoppers, some well-known stores are now pulling back from self-checkout, with theft cited as a major factor. NBC News' Brian Cheung reports. -
The New York Times - Top stories
The Sad State of Underground Retail in New York City
Nearly 75 percent of shops operated by the Metropolitan Transportation Authority are vacant.New York -
The Hill - Politics
Biden says he was seen by doctor after debate and is fine
President Biden told Democratic governors that he saw a doctor after his shaky debate performance last week and was given a clean bill of health. The comments, first reported by Politico, apparently contradict White House press secretary Karine ...Joe Biden -
The Guardian - World
Hezbollah says it has fired 200 rockets into Israel after killing of commander
Barrage from Lebanon one of group’s largest yet, as Israel discusses Hamas proposals for possible Gaza ceasefire. Lebanon’s Hezbollah says it has fired 200 rockets into Israel in one of its largest barrages yet, as Benjamin Netanyahu told the US ...Israel -
The Hill - Politics
California Democrat says Biden campaign 'arrogant' after debate
Rep. Scott Peters (D-Calif.) says the Biden campaign has been “arrogant” since a shaky debate performance by the president last week. “As much as I love Joe Biden, in those swing states, he's having a hard time,” Peters said Wednesday in an ...Joe Biden