Latest in Telia Completes Restructuring With Lower Than Expected Costs
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GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - 5h -
GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.CNBC - 2h -
JetBlue Reports More Post-Election Travel Than Expected
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.The Wall Street Journal - 5h -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - 4h -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - 15h -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - 1d -
The Cost of Gold Rattles the Jewelry World
Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.The New York Times - 1d -
Biden does complete reversal with pardon for son
President Biden’s decision to give his son a full and unconditional pardon represented a stunning reversal for the outgoing commander in chief, who previously had insisted he would do no such thing ...The Hill - 20h -
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World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - 1d -
Jason Miller: Notion Biden would pardon Trump 'a complete media manipulation'
Trump-Vance transition team senior advisor Jason Miller dismissed the idea of President Biden pardoning President-elect Trump Monday night, calling the notion a "complete media manipulation." When ...The Hill - 1d -
US trails developed democracies in healthcare costs for older adults
Report comparing 10 peer countries shows how holes in Medicare coverage lead to Americans skipping care. Older Americans spend more on healthcare than peers in 10 other developed democracies, a new ...The Guardian - 3h -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - 19m -
Wolves to lose protection, as EU lowers bar for shooting wildlife
Downgrading species’ protection status for political gain puts decades of conservation efforts at risk, says WWF. Europe’s wolves will lose their “strict protection” status, alarming ...The Guardian - 1d -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - 23h -
Trump's controversial Cabinet picks raise questions about lower ethical standards
The former president has shown he has no qualms about putting his most loyal confidants in his administration, no matter their baggage.ABC News - 5h -
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Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - 2h -
Tiger Woods shares return plans after back surgery: 'When I'm ready to complete and play at this level'
Woods underwent a sixth back procedure two months ago to alleviate pain endured throughout 2024CBS Sports - 1d -
UFC 310 -- Alexandre Pantoja vs. Kai Asakura: Fight card, date, odds, location, rumors, complete guide
UFC 310 leans on an intriguing undercard to make up for a lack of proven drawsCBS Sports - 1d -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - 1d -
EU votes to lower protection status for wolves after farmers push to allow culls
European nations have approved plans to scale back the protection for wolves in a victory for farmers over environmentalists that has caught the political limelight in the European UnionABC News - 1d -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - 1d -
‘It’s about consequences’: what can we expect from Wicked: Part Two?
The much-anticipated first part of the blockbuster musical adaptation has bewitched audiences worldwide, but there are dark times ahead in the sequel. Spoilers ahead Despite more than a year ...The Guardian - 1d -
Thailand's prime minister expects fishermen seized by Myanmar to be repatriated soon
Thailand’s Prime Minister Paetongtarn Shinawatra says her government is negotiating with neighboring Myanmar for the return of four fishermen captured by Myanmar’s navy for trespassingABC News - 1d -
What to Expect at Today’s DealBook Summit: Full Speaker Lineup
Sam Altman, Jerome Powell, Jeff Bezos, Bill Clinton, the podcaster Alex Cooper, Ken Griffin, Prince Harry, and Serena Williams are among the big names speaking.The New York Times - 4h -
Rio Tinto Expects Pilbara Iron-Ore Shipments to Be Roughly Flat in 2025
The world’s second-biggest miner by value, expects annual iron ore shipments from its Australian operations to be little changed in 2025.The Wall Street Journal - 11h -
Expect the Next N.F.L. Draft to Be Polarizing. Except for One Player.
Travis Hunter can succeed as a wide receiver or as a cornerback at the pro level, a columnist for The Athletic writes.The New York Times - 3h -
How 20 big U.S. stocks are expected to rank as ‘cash machines’ in 2025
Among the Magnificent Seven, Alphabet is expected to have the highest free cash flow yield.MarketWatch - 3h -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - 1h -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - 2h -
This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - 3h -
Christian McCaffrey knee injury update: 49ers RB expected to miss six weeks after being placed on IR
The star running back was injured in Sunday night's blowout loss to the BillsCBS Sports - 1d -
Scaramucci on Kash Patel pick: 'I don‘t think the expectation is that he‘s going to get through'
Ex-White House communications director Anthony Scaramucci compared President-elect Trump's pick of Kash Patel to lead the FBI to the fate of former Rep. Matt Gaetz's (R-Fla.) nomination as attorney ...The Hill - 1d -
Alberta Clipper expected to bring more winter weather as Great Lakes region digs out from storm
An Alberta Clipper system is forecasted to bring snow and cold weather to the Midwest and Northeast this week as folks in states surrounding the Great Lakes continue to clean up from last weekend's ...CBS News - 1d -
South Korean president says he will lift martial law following Cabinet meeting that's expected within hours
South Korean president says he will lift martial law following Cabinet meeting that's expected within hoursABC News - 22h -
Texas A&M QB Conner Weigman to enter transfer portal: Former five-star expected to draw plenty of suitors
Weigman should be one of the top quarterbacks in the portalCBS Sports - 17h -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - 7h
