Shares of Birkenstock fell after the German footwear firm's profitability slipped on steep investments and an unfavorable sales mix.
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MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in 16 years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...18 minutes ago - Federal Reserve -
BBC News - Top stories
Unlawful care homes ‘profiteer’ from at-risk kids
Placing children with complex needs in care threatens to bankrupt some councils, the Family Court is told.1 hour ago -
NBC News - Top stories
Best Buy’s holiday sales events: What to know
Best Buy just announced its upcoming sale events happening in the next few months. It includes an exclusive member sale, a 48-hour flash sale, an Apple trade-in event and much more.2 hours ago -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...2 hours ago -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.2 hours ago - Federal Reserve -
Financial Times - World
Israeli and Palestinian survivors share stories in heartbreaking documentaries
‘Israel and Gaza: Into the Abyss’ and ‘Surviving October 7th’ convey the human toll of the violence on both sides3 hours ago - Israel -
BBC News - Top stories
What we know about firm linked to Lebanon pagers
BBC Verify has looked into a firm called BAC Consulting, which has been linked to the pagers' production.3 hours ago -
CBS News - Top stories
Hezbollah's exploding pagers made by Hungarian company, Taiwan firm says
A Taiwanese firm's name appeared on Hezbollah's pagers that blew up in Lebanon, but the company says they were made by a Hungarian partner.7 hours ago -
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Wired - Tech
It’s the Last Day of the All-Clad Factory Seconds Sale
All-Clad cookware is the best you can buy—and it has a price tag to match. This sale will stretch your dollars.9 hours ago -
Financial Times - Business
L&G to sell Cala Homes to buyout firms for £1.35bn
Deal forms part of financial group’s plan to slim down and focus on its main operations10 hours ago -
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MarketWatch - Business
Tupperware Brands files for bankruptcy after years of weak sales
Tupperware Brands, the iconic food-storage company known for its resealable plastic containers and pioneering direct-to-consumer sales, has filed for bankruptcy after years struggling with weak sales.10 hours ago -
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Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on Thursday12 hours ago - United Kingdom -
CBS News - Top stories
Tupperware files for bankruptcy amid slumping sales
Tupperware and some of its subsidiaries have filed for Chapter 11 bankruptcy protection, the once-iconic food container maker said in a statement.13 hours ago -
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Financial Times - World
Tax threat and negativity undermine investment efforts, business leaders warn
Industry executives air concerns over prime minister and chancellor’s gloomy comments about public finances16 hours ago -
BBC News - Top stories
Marlboro owner sells UK inhaler firm over backlash
Philip Morris International bought Vectura Group just three years ago in a deal worth more than £1bn.18 hours ago - United Kingdom -
Financial Times - Business
BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure
Nvidia and Abu Dhabi-backed MGX will join effort as energy-intensive tech strains power and data grids23 hours ago - Microsoft -
CBS Sports - Sports
Kareem Hunt's return messes up Carson Steele's plans to replace Pacheco, but the real buy-low is Travis Kelce
Wait as long as you can to put in your waiver claims for Chiefs RBs, but make trade offers for Travis Kelce and Patrick MahomesYesterday -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
Financial Times - Business
Profit outlook dents THG as it considers separating Ingenuity arm
Ecommerce group says it is ‘progressing options’ to demerge divisionYesterday -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
MarketWatch - Business
Deckers stock split takes hold and shares slip
Shares of Ugg and Hoka parent Deckers Outdoor Corp. are down Tuesday after the shoe company’s six-for-one stock split took hold.Yesterday -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...Yesterday - Germany -
Financial Times - World
German conservative leader Friedrich Merz says he will run for chancellor
Move sets up duel between CDU chief and SPD incumbent Olaf Scholz in 2025 pollYesterday - Germany -
Financial Times - World
The questions over Commerzbank’s stake sale
Deal is a textbook example of how not to create price tension in a capital markets offeringYesterday -
Financial Times - Business
North Sea regulator threatens to name oil groups for decommissioning delays
Some operators have put off plugging wells in hope of passing on costYesterday -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.Yesterday -
ABC News - World
German opposition Christian Democrats tap leader Friedrich Merz as their candidate for chancellor
Germany’s opposition center-right Christian Democratic Union has chosen its leader Friedrich Merz to be its candidate for chancellor in next year’s national electionYesterday - Germany -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.Yesterday -
Financial Times - Business
Pret A Manger’s global sales surge above £1bn
UK sandwich chain expands in aggressive international sales driveYesterday -
The Guardian - World
Unease as Russia-friendly ‘queen of the elections’ aims for more German poll success
Some see Sahra Wagenknecht’s brand of ‘left conservatism’ as a bulwark against AfD but others see reasons to be wary. Sahra Wagenknecht is not even on the ballot in the upcoming state election in ...Yesterday - Russia -