Latest in UAW, U.S. dealers increase criticism of Stellantis CEO over cuts, sales declines
Sort by
4,442 items
-
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.Business - The Wall Street Journal - November 5 -
Nintendo cuts profit guidance on reduced Switch sales forecast
Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.Business - MarketWatch - November 5 -
Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - 6 days ago -
Rivian Reassures Investors With Cost Cuts, Green Credit Sales
Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.Business - Inc. - 4 days ago -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - Yesterday -
How to increase or cut your exposure to Nvidia and other hot Big Tech stocks
Also: Tesla’s killer quarter, stock-market warnings and more positive predictions, and some World Series numbers.Business - MarketWatch - October 26 -
Consumer credit posts small increase as Americans cut back on credit-card purchases
The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.Business - MarketWatch - 4 days ago -
Hospitality bosses warn Reeves’ UK tax increases will lead to ‘drastic’ job cuts
More than 200 sign letter to chancellor saying rises in national insurance contributions will cause business closuresBusiness - Financial Times - 2 days ago -
U.S.-supplied military vehicles proving critical to Ukraine's battle efforts
The U.S. has supplied Ukraine with over $60 billion in military assistance since Russia invaded in 2022, including Stryker fighting vehicles used by Ukraine's 80th Air Assault Brigade to launch an ...Top stories - CBS News - October 26 -
Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’
Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back ...Business - MarketWatch - October 17 -
Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels
Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.Business - MarketWatch - October 23 -
The world’s best vintage fashion dealers
An A-Z of the accounts, showrooms and vendors who’ll make the hunt that much easierBusiness - Financial Times - October 17 -
Ministers complain to Starmer over spending cuts
Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.Top stories - BBC News - October 17 -
One year after the UAW strike, Michigan is worse off
The United Auto Workers' strike against the Big Three automakers in Michigan has resulted in job losses and scaling back of future plans, while the union's focus on other issues and corruption ...Politics - The Hill - October 16 -
Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.Business - CNBC - October 28 -
China has increased military flights near Taiwan by 300%, U.S. general says
Gen. Kevin Schneider, a top US commander in the region, told NBC News that Chinese military flights have increased dramatically since Taiwan’s new president took office in May.Politics - NBC News - 4 days ago -
Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales
Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.Business - CNBC - October 23 -
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.Business - CNBC - October 30 -
Ceramic mugs, condiment bars and comfier seats are coming to more Starbucks stores, as new CEO looks to re-caffeinate sales
Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.Business - MarketWatch - October 31 -
Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist
The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...Business - The Wall Street Journal - October 25 -
Bud Light Owner's U.S. Sales Bounce Back After Boycott
After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.Business - The Wall Street Journal - October 31 -
Puma Sales Growth Picks Up as U.S. Business Recovers
Puma maintained its outlook for the year on the back of an acceleration in sales growth, helped by a recovery in its U.S. business.Business - The Wall Street Journal - 6 days ago -
Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss
Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.Business - MarketWatch - 5 days ago -
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.Business - MarketWatch - October 18 -
Nvidia has offset all 128 of the S&P 500 companies that have declined this year, twice over
Nvidia through Thursday had added $2.2 trillion in market value this year, in a year in which the S&P 500’s value has climbed by $9.3 trillion.Business - MarketWatch - October 25 -
Hedgehogs ‘near threatened’ on red list after 30% decline over past decade
The mammals were once common across Europe but urban development has pushed them towards extinction. Hedgehogs are now listed as “near threatened” on the International Union for Conservation of ...World - The Guardian - October 28 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.Business - CNBC - October 29
