Latest in Swiss pharma giant Novartis posts better than expected fourth quarter sales
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UK borrows far more than expected in December
Government borrowing hits £17.8bn as chancellor Rachel Reeves faces pressure to turn around the economyFinancial Times - Jan. 22 -
Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings
Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...The Guardian - Jan. 21 -
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 -
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 -
Notre Dame coach Marcus Freeman defends controversial fourth-quarter FG decision in CFP loss to Ohio State
Freeman's decision drew heavy criticism on social mediaCBS Sports - 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 -
Commanders lead Lions 45-31 in fourth quarter of NFL divisional game
Will Houston QB C.J. Stroud be able to pull the massive upset off against Patrick Mahomes and the two-time defending champions?NBC News - Jan. 18 -
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 -
China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - 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 -
Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.
Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.MarketWatch - Jan. 16 -
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.MarketWatch - 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 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.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 -
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 -
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 -
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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 -
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 -
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 -
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 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
Washington Post expected to lay off dozens of staffers in coming week – report
‘Cuts will be deep’, media reporter writes, after paper faced scrutiny for halting endorsement of Harris in October. Dozens of employees are expected to be laid off at the Washington Post in the ...The Guardian - Jan. 6 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
Why a home equity loan could be better than a HELOC this January
There's a strong case to be made for choosing a home equity loan over a HELOC this month. Here's what to consider.CBS News - Jan. 3 -
Pharma giant seeks to join lawsuit against FDA over weight loss drugs
Eli Lilly is seeking to end a lawsuit filed by a pharmacy trade group against the Food and Drug Administration (FDA) by joining as a defendant, stating it wants to end the "entitlement" some ...The Hill - Jan. 2 -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.The Wall Street Journal - Jan. 1
