Shein’s UK profits double; Water companies penalised for poor performance; China targets EU brandy – business live
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World - Financial Times
How the EU mainstream shifted to the right on outsourcing migration
Also in this newsletter: fate of Lebanon peacekeepers overshadows Irish leader’s White House visit13 hours ago - European Union -
Business - Financial Times
London City Airport turns to leisure market as homeworking hits business travel
Chief executive says corporate travel has not returned to pre-pandemic levels, with day trips to Europe badly hit14 hours ago -
Tech - The Wall Street Journal
LG Electronics Projects Quarterly Profit Drop, Missing Consensus
LG Electronics forecast a decline in third-quarter operating profit partly due to increased logistics and marketing expenses, disappointing market expectations for profit growth.14 hours ago -
Business - CNBC
Samsung posts disappointing third-quarter profit guidance as it grapples with AI chips
Samsung posts worse-than-expected guidance for third quarter15 hours ago -
Tech - The Wall Street Journal
Samsung Apologizes for Expected Earnings Miss Amid Chip Challenges
The world’s largest maker of memory chips and smartphones acknowledged its struggle to make headway in supplying more advanced chips as it projected third-quarter earnings growth to slow sharply.15 hours ago -
World - Financial Times
Harris rules out bilateral talks with Putin on ending war in Ukraine
Democratic presidential candidate says Kyiv must be involved in any negotiations16 hours ago - Ukraine -
Top stories - CBS News
Utility company American Water pauses billing after cyberattack
American Water, the largest regulated water and wastewater utility company in the U.S., says it was the victim of a cyberattack, prompting the firm to pause billing to customers.17 hours ago -
Tech - ABC News
American Water, the largest water utility in US, is targeted by a cyberattack
American Water serves 14 million people in 14 states, 18 military installations.17 hours ago -
Top stories - CBS News
Biden urges Congress to fund small business disaster loan program
With the Southeast still recovering from Hurricane Helene, President Biden has called on Congress to fund a small business disaster loan program. But lawmakers are on recess until after Election ...18 hours ago - Joe Biden -
Top stories - The New York Times
The Price of a Mega Millions Ticket Will More Than Double to $5
Mega Millions officials said players’ odds would be increased and jackpot sizes would be bigger after the price increase next April.19 hours ago -
Business - Financial Times
Spending on clothes boosts UK retail sales in September
Positive data raises hopes for a busy Christmas shopping season19 hours ago - United Kingdom -
Business - Financial Times
UK government plans to extend collective pension schemes
Members would participate in pooled plans and be offered target returns, but payouts are not fixed19 hours ago - United Kingdom -
Business - The Wall Street Journal
Cannae, KDSA Buy Majority Stake in The Watkins Company
Cannae, a Las Vegas-based company led by billionaire Bill Foley, includes holdings in the English Premier League team AFC Bournemouth, restaurant chains Ninety Nine Restaurant & Pub and ...20 hours ago -
Business - Inc.
Covid-Era Businesses Are Flourishing–and Driving Job Creation
Businesses established during the pandemic grew faster than their pre-pandemic counterparts. Here’s why.21 hours ago -
Tech - Wired
This Man Found 1,650 Ways to Turn a Profit While Decarbonizing
Bertrand Piccard says sustainability doesn’t have to come at a cost—and that reframing attempts to hit net zero as a way of generating profit could be key to hitting targets.Yesterday -
Entertainment - Los Angeles Times
Brandi Carlile and the Hanseroth Twins on Joni Mitchell at the Bowl and the rock stardom that wasn't
Brandi Carlile talks with her longtime bandmates Tim and Phil Hanseroth as the identical twin brothers step out with an album of their own.Yesterday -
Business - MarketWatch
Why Trump’s tariffs would hit poor and middle-class Americans hardest
A new report estimates middle-class families would pay an extra $3,370 per year for imported goods.Yesterday -
Politics - The Hill
Democrats accuse food, beverage companies of ‘profiteering’ through ‘shrinkflation’
Two Democratic lawmakers have sent a letter to some of the country’s biggest food and beverage companies arguing they are “profiteering” through “shrinkflation,” the practice of reducing product ...Yesterday -
Politics - The Hill
Asheville small businesses: You will recover
If you're a small-business owner in Asheville, unfortunately, you're reeling right now.Yesterday -
Top stories - CBS News
Water supplier American Water Works says systems hacked
American Water Works says it's investigating impact of breach; utility supplies drinking water to 14 million people.Yesterday -
Business - Inc.
Temu Pursues Amazon’s Third-Party Sellers Business
The e-commerce platform selling cheap goods delivered directly to consumers from China is now recruiting U.S.-based vendors by undercutting Amazon’s service charges.Yesterday -
Business - The Wall Street Journal
Richemont to Sell e-Commerce Business YNAP to Mytheresa
Cartier owner Richemont has agreed to sell Yoox Net-A-Porter to luxury online platform Mytheresa in an all-share deal, and said it expected to book a $1.4 billion hit as a result.Yesterday -
Business - Financial Times
China tells schoolteachers to hand in their passports
Authorities make travelling abroad difficult for growing number of public sector employeesYesterday - China -
Business - Inc.
A Ford EV Became an Essential Part of This Small Business’s Hurricane Survival Plan
Erica Lacher used her EV battery to run her veterinary clinic after Hurricane Helene, a boost for both humans and horses.3 days ago