Latest in Tariffs will wipe out all profits for Detroit's Big Three if they don't raise prices, estimates Barclays
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Why Copp Injury Shouldn't Trade Detroit's Deadline Plans
The NHL's trade deadline is now officially a week away, and for the Detroit Red Wings, a potential monkey wrench flew into their best laid plans in the form of a season-ending injury to Andrew Copp.Yahoo Sports - 4d -
Fluidstack in talks to raise $200m
Yahoo News - Feb. 21 -
Ex Barclays CEO Jes Staley argues bank had ‘clear understanding’ of his Epstein ties
Staley is appealing against a lifetime FCA ban from City roles over his disclosure of links to the disgraced financierFinancial Times - 1d -
Jeffrey Epstein used lobbyist to push for Jes Staley to be Barclays CEO, court told
‘Project Jes’ targeted high-level figures including George Osborne and Mervyn King, emails suggest. Jeffrey Epstein deployed a consultant to push for Jes Staley to become Barclays’ chief executive ...The Guardian - 9h -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - Feb. 21 -
Ignoring science for profit will have deadly consequences for America
We cannot sell out their climate future for the continued profits of powerful business interests.The Hill - Feb. 24 -
Nigel Farage’s media company records £1.25mn profit
Reform UK leader’s earnings boosted by reality show appearance in late 2023Financial Times - 6d -
The Papers: 'Hounded to her death' and 'Don't be fooled by Putin'
A mix of stories lead Friday's newspaper front pages, including the latest in the rift between the US and Ukraine.BBC News - Feb. 21 -
Browns don't plan to trade Garrett, GM insists
Browns general manager Andrew Berry insisted the team is not interested in trading star defensive end Myles Garrett despite his request to be dealt.ESPN - Feb. 25 -
Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak
Home Depot narrowly beat fourth-quarter earnings estimates, but it gave lackluster sales guidance as high interest rates and home prices pose challenges.CNBC - Feb. 25 -
Intuit shares jump after results top estimates amid key tax season
Tax-preparation software provider Intuit on Tuesday reported quarterly results that topped Wall Street’s estimates, while forecasting third-quarter sales that were also above expectations.MarketWatch - Feb. 26 -
Cava’s sales forecast misses estimates, but fast-casual chain says diners are spending more
Shares of Cava Group Inc. fell after hours on Tuesday after the Mediterranean fast-casual chain forecast full-year same-store sales that were below analysts’ expectations, following what some ...MarketWatch - Feb. 26 -
NHL Trade Deadline: What Can The Detroit Red Wings Do After Moving Ville Husso?
The Detroit Red Wings' move on Monday evening could make the countdown to the NHL's March 7 trade deadline more interesting.Yahoo Sports - Feb. 25 -
Detroit mother gifted home after 2 children die from sleeping in van during frigid weather
A Detroit mother whose two children died from possible exposure to the cold this month while the family was living in a van has been given a new home days after her son and daughter were laid to rest.NBC News - 5d -
Detroit woman suing police, claiming faulty facial recognition technology led to unjust arrest
Faulty use of facial recognition technology led to the unjust arrest of a Detroit woman, she said in a federal lawsuit, claiming police failed to ask basic questions that could've cleared her on ...NBC News - 4d -
Lions watch week three: Fly-halves, back three & captain
The battle to earn selection for the British and Irish Lions squad continued in the third round of the Six Nations, but who staked their claim?BBC News - Feb. 25 -
India's three trade deals in the offing
Also in this newsletter: Amazon to pay damages for copyright violation and the latest economic metricsFinancial Times - 1d -
The Price You Pay: Egg prices’ impact on bakeries
One of the downstream impacts of bird flu and the soaring egg prices: its impact on bakeries. We visit one Pittsburgh bakery struggling that’s seen egg prices soar in the last two years, and the ...NBC News - Feb. 21 -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - Feb. 20 -
Rivian keeps promise on making a profit, but here’s why the stock is falling
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.MarketWatch - Feb. 21 -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - Feb. 22 -
Shein profits slump in fresh challenge to long-planned London IPO
Competition from Temu adds to pressure on fast-fashion group’s valuation as it seeks approval for UK listingFinancial Times - Feb. 23 -
Carmakers turn to new hybrid and petrol models to bolster profits
Investments continue in combustion and hybrid engine vehicles amid lengthy wait for EVs to become mainstreamFinancial Times - Feb. 23 -
Low-cost carrier FlyDubai sees record $611 million profit in 2024
The low-cost carrier FlyDubai says it earned a record-breaking profit of $611 million in 2024, buoyed by higher passenger numbers and lower fuel costsABC News - Feb. 24 -
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.The New York Times - Feb. 24 -
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Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - Feb. 26 -
U.S. could earn profits from Ukraine's rare minerals
A potential deal with Ukraine could bring in 50% of profits to America from rare minerals extracted by the U.S. ally. Iulia Joja, a senior fellow at the Middle East Institute, joins CBS News with ...CBS News - 6d -
Hong Kong stock exchange posts record profits after China stimulus
Listings and trading fees jumped in 2024 after Beijing’s moves to boost marketsFinancial Times - 5d -
Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
The Silicon Valley company, which dominates the market for chips needed to build A.I. systems, said revenue was up 78 percent from a year earlier.The New York Times - 5d -
Virgin Galactic’s new spacecraft looms large as company eyes future profitability
Virgin Galactic Holdings Inc. says it is making progress building its new Delta-class spacecraft, which it says will help unlock the company’s future profitability.MarketWatch - 5d -
Football’s relentless hunt for profits still not matching global popularity
For all the brand awareness, the human element in decision making in the most emotional of sports is undervalued. When William Goldman wrote in his memoir Adventures in the Screen Trade that in ...The Guardian - 2d -
TikTok profiting from sexual livestreams involving children, BBC told
Young women in Kenya tell the BBC they have used TikTok to sell sexual content since they were teenagers.BBC News - 2d -
Judge denies Musk's attempt to block OpenAI from becoming for-profit entity
A Judge in California on Tuesday said Elon Musk can't move forward in his legal efforts to stop OpenAI from converting to a for-profit entity.CNBC - 1h -
In 'Show Don't Tell,' Curtis Sittenfeld even treats cringey characters with humanity
A radiant contentment pervades Curtis Sittenfeld's stories in her latest collection, 'Show Don't Tell.'Los Angeles Times - Feb. 21 -
Don't wait to file your taxes this season, experts say. Here's why
Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.CNBC - Feb. 21 -
Fantasy basketball: Don't be surprised if ... Tyrese Maxey averages 30 PPG
Eric Karabell forecasts what lies ahead for three players coming out of the All-Star break.ESPN - Feb. 21 -
Many Americans don't trust the media to cover Trump: Survey
Most Americans in a new survey said they have little confidence that the news media can cover President Trump with fairness and accuracy. The YouGov poll, published Friday, found that 67 percent of ...The Hill - Feb. 22 -
Federal workers sue over Musk's threat to fire if they don't explain accomplishments
Attorneys for federal workers say in a lawsuit billionaire Trump adviser Elon Musk violated the law with his weekend demand that employees explain their accomplishments or risk being firedABC News - Feb. 24 -
Marjorie Taylor Greene: Federal workers 'don't deserve' their paychecks
Rep. Marjorie Taylor Greene (R-Ga.) said federal workers “don’t deserve” their paychecks during a House Oversight and Government Reform Committee hearing Tuesday. “Those are not real jobs ...The Hill - 6d
