Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off

Indonesia eyes nickel production cuts to support price of ‘unloved’ metal

World’s biggest producer says it wants market stability after 40% fall in price over two years

Financial Times - Jan. 21

Musk Is Likely to Get a West Wing Office for His Cost-Cutting Project

The world’s richest man had been expected to be situated in the Eisenhower Executive Office Building, but a West Wing office would give him closer access to President Trump.

The New York Times - Jan. 20

Cruz expects to see TikTok sale under Trump

Sen. Ted Cruz (R-Texas) said Monday that he expects to see TikTok sold under President-elect Trump, as the incoming president has vowed to protect the app. “Well, the statute allowed for a 90-day ...

The Hill - Jan. 20

Jeffries: Trump expected to find way for TikTok sale to US owner

House Minority Leader Hakeem Jeffries (D-N.Y.) said President-elect Trump is expected to find a way for TikTok’s sale to a U.S. owner. Jeffries noted in an interview on CNN's "Anderson Cooper 360" ...

The Hill - Jan. 20

Lofty expectations pose tough earnings test for Wall Street

Strong results from $25tn worth of companies needed to help drive rally after shaky few weeks for S&P 500

Financial Times - Jan. 18

Starbucks Expecting Job Cuts by March

Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.

The Wall Street Journal - Jan. 17

Citigroup Slashes Jobs as Cost-Cutting Continues

Targets include senior managers in the banking giant’s wealth, technology and data analysis units.

Inc. - Jan. 17

Saab Expects Sales Growth to Top Guidance

The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.

The Wall Street Journal - 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

Two Watchdogs Were Rebuffed From Joining Trump’s Cost-Cutting Effort

“We have no room in our administration for Democrats,” a transition spokeswoman replied after good-government activists tried to join the president-elect’s new efficiency department.

The New York Times - Jan. 16

Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

CNBC - Jan. 16

Tips for paying off debt

With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.

CBS News - Jan. 16

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

BP axes 4,700 jobs in cost-cutting drive

UK energy major under pressure from shareholders to turn around its performance

Financial Times - Jan. 16

BP to cut 4,700 jobs to reduce costs

The job losses at the oil giant will affect more than 5% of its global workforce.

BBC News - Jan. 16

Oil major BP to cut thousands of jobs in cost-saving drive

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.

CNBC - Jan. 16

TSMC cuts profitability target as cost of diversifying supply chains bites

World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demand

Financial Times - 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

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

A global bond sell-off is deepening as investors pare Fed rate-cut expectations

A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.

CNBC - Jan. 14

Cost of Sizewell C nuclear project expected to reach close to £40bn

Final price tag for building new power plant is likely to be double 2020 estimate

Financial Times - Jan. 14

Spike in UK borrowing costs raises specter of public spending cuts

Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.

CNBC - Jan. 13

Estimated cost of Thames Water renationalisation questioned

Comparison with Bulb government loans gives exaggerated forecast, experts claim

Financial 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 Trump

ABC News - Jan. 12

Boeing production in 2024 expected to be less than half of rival Airbus

US planemaker may have delivered 340 aircraft compared with 766 of European group, analysis suggests. Boeing is expected to confirm it made less than half of the aircraft of its rival Airbus in ...

The Guardian - Jan. 12

Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'

Delta's CEO said strong travel demand is driving revenue higher.

CNBC - 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

Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views

The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.

The Wall Street Journal - Jan. 10

Lands’ End winter sale: 13 best products to shop

Lands’ End is currently discounting apparel for men, women and children, including winter essentials like coats, pants, gloves and more.

NBC News - Jan. 9

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

Cavaliers beat Thunder in clash of NBA's top teams

The NBA's best offense beat the NBA's best defense, in a game with 30 lead changes and no double-digit leads.

Yahoo Sports - Jan. 9

Tips for cutting down winter heating costs and electricity bills

From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...

NBC News - 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

Thousands expected to pay respects to Jimmy Carter in the Capitol

Despite winter weather delays, Jimmy Carter will be moved from his home state of Georgia to Washington D.C. where he will lie in state at the U.S. Capitol before his public funeral on Thursday. NBC ...

NBC News - Jan. 7

Bet365 boss takes big pay cut but still makes £158m

Denise Coates has been credited with the rapid rise of the online gambling firm.

BBC News - Jan. 7

Derek Carr says he won't take a pay cut for 2025

When the Saints signed quarterback Derek Carr two years ago after he was released by the Raiders, the contract was structured as a two-year guarantee with a team option thereafter.

Yahoo Sports - Jan. 7

Lions earn top seed as Broncos & Bucs reach play-offs

Detroit earn the NFC top seed, while Tampa Bay and Denver secure the final two play-off spots on the final Sunday of the regular season.

BBC News - Jan. 6

Latest in Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off

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