Latest in TSMC cuts profitability target as cost of diversifying supply chains bites
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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 - 35m -
The Cost of Surviving a Wildfire
Evacuating a disaster is often the lifesaving choice, but it comes with short-term costs to address immediate needs and incalculable personal and financial tolls in the future.The New York Times - 37m -
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 - 2h -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 4h -
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 - 4h -
TSMC can weather geopolitical tensions
Chipmaker well-placed to cope with disruption caused by increasing US restrictions on chip tech exports to ChinaFinancial Times - 4h -
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 - 5h -
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 - 8h -
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 - 5h -
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 demandFinancial Times - 7h -
‘We are crying for rain’: Suriname’s villages go hungry as drought bites
After the worst rains in decades, rivers are drying up and crops failing, leaving people in the interior without clean water or healthcare, and cutting transport links. John Adjako lets out a deep ...The Guardian - 2d -
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 - 3d -
Companies move to strengthen supply chains on Trump trade war fears
Conference Board survey highlights increasing concerns over impact of threatened tariffs on goods and servicesFinancial Times - 3d -
Gas supply worry and player's 'dementia shock'
Saturday's headlines include the nation's winter gas supply and Dean Windass's "shock" dementia diagnosis.BBC News - 5d -
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 - 5d -
Meta to end programs aimed at diversifying workforce
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the latest dramatic change ahead of ...NBC News - 5d -
The Costs of the Los Angeles Fires
Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.The New York Times - 6d -
Raducanu turns down insect bite treatment over doping fears in Australia
Raducanu snubs spray after Swiatek and Sinner sagas ‘I’m going to tough it out because I don’t want to risk it’ Emma Raducanu says the chance of ingesting a contaminated substance is a notable ...The Guardian - 6d -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - Jan. 9 -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - Jan. 8 -
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 -
Britain’s retail ‘boomer’ chains are making a comeback
Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costsFinancial Times - Jan. 8 -
Warner jokes Purdy will buy chains, cars with expected 49ers contract
San Francisco 49ers linebacker Fred Warner made fun of teammate Brock Purdy over the potentially massive contract extension the quarterback may sign this offseason.Yahoo Sports - Jan. 8 -
ZKcandy raises $4M for its gaming-focused Layer 2 chain
ZKcandy has closed a $4 million private round of funding to put towards building an ecosystem around its gaming-focused Layer 2 chain.VentureBeat - Jan. 7 -
Sushi chain pays $1.3 million for motorcycle-sized tuna at Tokyo auction
A bluefin tuna sold for more than $1.3 million at an annual fish auction in Tokyo, in what organizers said was the second-highest bid since the event began in 1999.NBC News - Jan. 6 -
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‘I don’t know what targeting is’: Did a non-call cost Arizona State a playoff game?
Officials opted not to flag Texas for targeting at a crucial point in the Peach Bowl, a non-call that left many scratching their heads.Yahoo Sports - Jan. 2 -
Did a Targeting Non-Call Cost Arizona State the Peach Bowl?
Targeting has been college football’s most controversial rule since it was implemented in 2008.The New York Times - Jan. 2 -
2025 NFL QB market: Top free agents, trade targets, cut candidates, projected landing spots, contracts, more
Playing matchmaker for big names and needy teamsCBS Sports - Jan. 2 -
These restaurant chains closed locations in 2024
Wendy's, Applebee's and Red Lobster were among the chains that announced restaurant closures in 2024.CNBC - Jan. 2 -
Ukraine halts supply of Russian gas to Europe
Ukraine ends agreement to allow gas to flow through its pipelines, with European supplies set to be tested as cold weather forecast later this week. Ukraine has halted Russian gas supplies to ...The Guardian - Jan. 1
