Latest in Shares of Peloton surge 12% as it edges toward profitability, posts better than expected sales
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Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - Jan. 21 -
President Trump supporters share what they expect from his administration
While President Trump took the oath of office inside the U.S. Capitol on Monday, many of his supporters from across the country came to Washington, D.C., to celebrate. After the president delivered ...CBS News - Jan. 21 -
4 Things Apple Maps Does Better Than Google Maps
Apple’s platform for maps and directions, the perpetual runner-up to Google Maps, has improved markedly over the past few years. Here are the ways it currently bests its rival.Wired - Jan. 21 -
Apple's Smartphone Sales Slump in China as Huawei Gains Market Share
The U.S. tech giant’s fourth-quarter iPhone sales fell 18% in the world’s largest smartphone market.The Wall Street Journal - Jan. 21 -
US share of global foreign direct investment surges to record
‘Exceptionalism’ of world’s biggest economy expected to continue as strong domestic demand drives inward flowsFinancial Times - Jan. 21 -
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 -
Trump expected to sign more than 50 executive orders Monday
Donald Trump plans to sign more than 50 executive orders Monday — and possibly more than 100 of them — on the first day of his second presidency, according to a person in his transition operation.NBC News - Jan. 19 -
Solana surges 12% on launch of Trump-themed meme coin, ether falls
Solana's SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network.CNBC - Jan. 18 -
CFP title game ticket sales surge; Ohio in lead
Ticket resale sites report prices start at about $1,800 and average as much as $2,500 for the College Football Playoff championship game between Ohio State and Notre Dame.ESPN - 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 -
Ash Gardner hits ton as Australia edge towards Women’s Ashes series victory over England
Third ODI: Australia, 308-8, beat England, 222, by 86 runs Third 50-over win gives hosts 6-0 lead heading into T20s There was a sense of inevitability about the result of the third Ashes ODI, ...The Guardian - Jan. 17 -
Is a HELOC better than a credit card in 2025?
A HELOC could be better than a credit card this year, thanks to these three big reasons.CBS News - Jan. 16 -
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.CNBC - Jan. 16 -
Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - 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 -
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - Jan. 16 -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
For Marcus Freeman, Notre Dame might be better than any NFL job
The Notre Dame head coach has his team is playing for the national title Monday, but with at least one NFL team interested in him. Don't be in such a rush.Yahoo Sports - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Why Visa’s stock could be a better play than Mastercard’s this year
Visa’s more U.S.-focused business looks like an asset, according to Seaport Research.MarketWatch - Jan. 14 -
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - Jan. 14 -
British Airways owner’s transatlantic focus lifts shares to post-pandemic highs
Airline group doubles down on premium business between Europe and USFinancial Times - Jan. 14 -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - Jan. 13 -
Debts on EY’s failed Project Everest took longer than expected to clear
Doomed spin-off plan still had $270mn outstanding at the end of the firm’s financial yearFinancial Times - Jan. 13 -
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 -
Malaysia expects surge of Chinese investment, economy minister says
Rafizi Ramli suggests semiconductor and tech sectors are seeking to avoid exposure to possible Trump tariffsFinancial Times - Jan. 12 -
Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
Rates were supposed to go down — but a strong U.S. economy is getting in the way.MarketWatch - Jan. 11 -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - Jan. 10 -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025
Stellantis' top priority for the U.S. this year is to grow its retail market share after several years of declining sales in its largest, most crucial market.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 -
Sources: Batting champ Luis Arraez fits Mets better than Yankees
The Mets seem slightly more open to trading to Luis Arraez than the Yankees do.Yahoo Sports - Jan. 9 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9
