Latest in TotalEnergies posts 21% drop in annual profit, targets buybacks of $2 billion per quarter in 2025
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Nintendo's new Switch 2 console will come out in 2025
The Nintendo Switch 2, the successor to the Nintendo Switch system, will be released in 2025ABC News - Jan. 17 -
UK companies outpace US businesses in share buybacks
FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share priceFinancial Times - Jan. 17 -
China's annual GDP growth meets target of 5% as stimulus measures kick in
China’s economy expanded by 5% year on year in 2024, with an upswing in the final quarter of the year, as a flurry of stimulus measures kicked in and helped meet Beijing’s growth target.NBC News - Jan. 17 -
Maverick Carter advising investors trying to form $5 billion international basketball league, per report
LeBron James' business partner wants to create a league of six men's and six women's teamsCBS Sports - Jan. 16 -
Bo Jackson knows forgiveness: Ex-two-sport star drops $21-million extortion judgment against family
Bo Jackson, the legendary NFL and MLB player and Nike pitchman, abandons $21-million judgment awarded to him in an extortion and harassment case.Yahoo Sports - 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 -
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 -
Nintendo Switch 2 Is Announced With a 2025 Release Date
The new console looks physically similar to the popular Switch system, which has sold more than 146 million units in seven years.The New York Times - Jan. 16 -
26th Annual IGF Awards Nominees Announced
The 26th annual Independent Games Festival Awards (IGF for short) has announced the categories and nominees for the upcoming show. The ceremony will be livestreamed on March 19 at 6:30 PM PT / 9:30 ...GameSpot - Jan. 16 -
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 - Jan. 16 -
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 - 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 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding savings accounts.MarketWatch - Jan. 15 -
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - Jan. 14 -
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.The New York Times - Jan. 14 -
CFPB sues Capital One for 'cheating' customers out of over $2 billion in interest
The Consumer Financial Protection Bureau announced it was suing Capital One for "cheating" customers out of more than $2 billion in interest.CNBC - Jan. 14 -
Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - Jan. 13 -
Pope Francis baptizes 21 babies in annual ceremony at the Sistine Chapel
Pope Francis has baptised 21 babies in the Sistine Chapel on Sunday under the ceiling frescoed by Michelangelo, in what has become an annual tradition that marks the end of the Christmas holiday ...ABC News - Jan. 12 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
2 ways to use your home equity in 2025 (and 2 to avoid)
Home equity loans and HELOCs can be valuable financial tools in 2025 if used for these specific reasons.CBS News - Jan. 10 -
28th Annual DICE Awards Nominees Revealed
The 28th annual DICE Awards has revealed the categories and nominees for this year's show. The show will be livestreamed on February 13 at 8 PM PT / 11 PM ET.. For the coveted Game of the Year ...GameSpot - Jan. 10 -
Halo Coming To Switch 2 And PS5 In 2025 Alongside Gears, Flight Sim, And More - Report
Microsoft will launch Halo: The Master Chief Collection and Microsoft Flight Simulator 2024 on PlayStation 5 and Nintendo Switch 2 in 2025, according to a recent report, and that might not be ...GameSpot - Jan. 10 -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - Jan. 10 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Here's How Many Units The Switch 2 Could Sell In 2025 In The US
The Switch 2 , or whatever Nintendo calls its next console, is expected to be announced soon and released later this year. But how many units will the system sell? According to Circana analyst ...GameSpot - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Forget 2 per cent — there is a better way to measure global security contributions
Hammering countries about Nato’s target has not made the world a safer placeFinancial Times - Jan. 8 -
Mike Tomlin future: One team called Steelers about potential trade ahead of 2025 NFL playoffs, per report
The Super Bowl-champion coach is drawing interest outside of PittsburghCBS Sports - Jan. 8 -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
The Last Of Us Season 2 Gets An April 2025 Release Window In New Trailer
It won't be long before The Last of Us Season 2 arrives, as HBO Max has released a new teaser trailer confirming an April 2025 release window. Set in a post-apocalyptic world after the collapse ...GameSpot - Jan. 7 -
CES 2025 is here. What can we expect from the annual show of all things tech?
CES, the annual trade show of all-things tech, is upon usABC News - Jan. 6
