Latest in PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America
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Travelers withstands higher catastrophe losses as underwriting fuels earnings beat
Travelers Cos. executives confirm the Los Angeles wildfires will have a material impact on the insurer’s first-quarter earnings but say it’s too soon to specify the costs.MarketWatch - Jan. 22 -
Procter & Gamble earnings beat estimates as shoppers buy more household staples
Procter & Gamble beat quarterly earnings and revenue estimates and also reiterated its fiscal 2025 forecast.CNBC - Jan. 22 -
P&G didn’t raise prices for first time in 6 years, and Q2 earnings still beat
P&G’s stock powers up as profit and revenue rise above expectations, and the full-year outlook was affirmed.MarketWatch - Jan. 22 -
Charles Schwab hints at stock buybacks after beating Wall Street estimates
Charles Schwab also beat Wall Street’s fourth-quarter earnings estimate and reversed a revenue decline from the year-ago quarter.MarketWatch - Jan. 21 -
D.R. Horton Clears Wall Street's Estimates Despite Fewer Closings
The Arlington, Texas, company reported net income of $844.9 million for the three months ended Dec. 31, down from $947.4 million a year earlier.The Wall Street Journal - Jan. 21 -
Retirement and drinking don’t mix
Retirees suffer more from depression as it is. Binge drinking makes it worse.MarketWatch - Jan. 20 -
Prince William and a Very Special Pre-Game Drink
The Prince of Wales joined fellow Aston Villa fans for a pint before their trip to Everton. Here’s what happened.The New York Times - Jan. 20 -
Justin Hastings earns invites to Masters, majors from winning 2025 Latin America Amateur Championship
Hastings is the second player from the Cayman Islands to win the championshipCBS Sports - Jan. 19 -
Mexico’s corn policy risks North America’s economic ties
President Sheinbaum’s handling of this issue will define her legacy and Mexico’s role in the region.The Hill - Jan. 18 -
FTC Sues PepsiCo, Alleging It Gave Walmart Unfair Pricing Advantage
Outgoing agency Chair Lina Khan has filed a raft of measures during her last week in office.The Wall Street Journal - Jan. 17 -
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.CNBC - Jan. 17 -
Swissquote Expects Results To Beat Views on Crypto Demand
The online bank said its results for 2024 should exceed market expectations as it was boosted by cryptocurrency trading.The Wall Street Journal - Jan. 17 -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - Jan. 16 -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Police probe drink spiking report in Parliament bar
A parliamentary researcher reported her drink had been tampered with at 6.30pm on Tuesday 7 January.BBC News - Jan. 15 -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - Jan. 15 -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - Jan. 15 -
Estimated Gaza Toll May Have Missed 25,000 Deaths, Study Says
Analysis found that more than 64,000 Palestinians may have been killed by traumatic injury in the first nine months of the war.The New York Times - Jan. 15 -
Ryanair calls for limit of two alcoholic drinks at airports in Europe
Airline asks authorities to impose new curbs as it seeks to recover €15,000 in costs related to diverted flight. Ryanair wants a limit of two alcoholic drinks at airports, as the airline released ...The Guardian - Jan. 13 -
Estimated cost of Thames Water renationalisation questioned
Comparison with Bulb government loans gives exaggerated forecast, experts claimFinancial Times - Jan. 13 -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - Jan. 12 -
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L.A. Wildfires May Be the Costliest in U.S. History, Estimates Say
An estimate puts wildfire losses so far between $135 billion and $150 billion.Inc. - Jan. 11 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - Jan. 10 -
It's 'Dry January.' Here's how much you can save by not drinking for a month
Giving up alcohol for 31 days is associated with numerous health benefits. But for a growing number of adults, saving money is a top motivator.CNBC - Jan. 10 -
Loss estimates, including health effects and rebuilding costs, surge.
As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.The New York Times - Jan. 9 -
I Quit Drinking Four Years Ago. I’m Still Confronting Drinking Culture.
Yes, you can become sober and remain social.The New York Times - Jan. 9 -
Whitehall estimates child sexual abuse compensation could hit £10bn
Starmer has criticised previous Conservative government for not implementing recommendations of 2022 Jay reviewFinancial Times - Jan. 8 -
The loyalty both Biden and Trump demand is costing America dearly
Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.The Hill - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - 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 -
Trump’s America First becomes America expands
President-elect Trump’s imperialist tendencies ahead of his second term are begging a question that dominated his first term: Should he be taken seriously, or literally? Trump during a Tuesday ...The Hill - Jan. 7 -
Priscilla Martinez breaks down the science of drinking patterns and their effects
Priscilla Martinez, deputy scientific director of the Alcohol Research Group, discusses how drinking patterns influence health and behavior.CBS News - Jan. 7 -
Sugary Drinks Linked to Global Rise in Diabetes, Heart Disease
A new study assesses the effects of sugar-laden beverages on global health, with higher rates of consumption found in Latin America and parts of Africa.The New York Times - Jan. 7 -
Is any amount of alcohol safe to drink, in light of surgeon general’s cancer warning?
Surgeon General Vivek Murthy recommended that labels on alcoholic beverages be updated to include a warning about cancer risk.MarketWatch - Jan. 6 -
Sugary drinks linked to millions of new diabetes and heart disease cases – study
Tufts University analysis highlights rise in global health inequalities, with fastest growth in linked diseases in Africa. Sugary drinks are responsible for more than 2.2m new cases of diabetes and ...The Guardian - Jan. 6 -
What to know about winter storm hitting North America
The extreme weather is being caused by the polar vortex, an area of cold air that circulates around the Arctic.BBC News - Jan. 6 -