Latest in US and EU companies paid $3.5bn in Russian tax on profits in 2023
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FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - 6d -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
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 -
Germany pushes for EU to ease sanctions on Syria
Berlin circulates proposals for relief on curbs in exchange for reforms from new leadership in DamascusFinancial Times - Jan. 7 -
US adds Tencent and CATL to blacklist of companies working with China’s military
Shares of WeChat owner and EV battery maker fall after defence department discloses designationFinancial Times - Jan. 7 -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - Jan. 6 -
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The Worst Team in College Basketball Is Paid to Lose in Spectacular Fashion
Mississippi Valley State hasn’t won a nonconference game in more than 18 years. The struggles go beyond the court.The New York Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Cowboys' Micah Parsons pushing to be paid like 'best in the business' and sign before free agency
Dallas owner/general manager Jerry Jones will need some convincing on that timeline, which is why talks begin on FridayCBS Sports - Jan. 6 -
Tributes paid after former Greek PM Costas Simitis dies aged 88
Four days of mourning declared for death of Pasok party co-founder, the architect of country’s entry into euro. Tributes have been paid to the former socialist prime minister Costas Simitis, who ...The Guardian - Jan. 5 -
Ukraine launches counterattack in Russian border region
Ukrainian President Volodymyr Zelenskyy said he will again call on allies to boost his country's air defenses at a Ramstein group meeting in Germany this week.CBS News - Jan. 5 -
UK-EU youth mobility scheme key to better EU relations, says top diplomat
Germany’s ambassador to UK suggests Starmer will have to agree concessions in order to secure economic benefits. Keir Starmer’s effort to reset Britain’s relations with its European allies is ...The Guardian - Jan. 5 -
Hamas releases video it says is of Israeli hostage held in Gaza since 2023 attack
Family of now 19-year-old conscript Liri Albag appeals to PM to ‘take decisions as if it were your own children there’. The armed wing of Hamas has released a video it says is of an Israeli hostage ...The Guardian - Jan. 4 -
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FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
Carville says election 'wouldn't have been close' if Biden dropped out in 2023
Democratic strategist James Carville said Democrats would have easily won the 2024 presidential election if President Biden dropped out earlier. “Had President Biden gotten out, say May of 2023, I ...The Hill - Jan. 3 -
Trump blasts UK energy policy and ‘windmills’ after company blames windfall tax for less drilling
President-elect Trump is criticizing the United Kingdom’s energy policy and saying it should get rid of windmills after a company blamed the country’s windfall tax for its early exit from drilling ...The Hill - Jan. 3 -
Jill Biden got most expensive gift from a foreign leader in 2023. Here's what it was
President Joe Biden and his family were given tens of thousands of dollars in gifts from foreign leaders in 2023, according to an annual accounting published by the State Department on Thursday, ...The Hill - Jan. 3 -
Experience: I paid £55,000 for a beer
When I asked for the receipt, the bartender printed it out and put her hand over her mouth. I’m a cricket journalist from Sydney, and in 2019 I was in Manchester to cover the Ashes. After dinner, I ...The Guardian - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
Germany’s Hensoldt urges EU to follow US on local arms procurement
Radar maker says bloc can use existing laws to bypass free trade rules and boost region’s defence infrastructureFinancial Times - Jan. 3 -
Jill Biden got the priciest gift from a foreign leader in 2023 — a $20,000 diamond
A spokesperson for the first lady said the diamond will be turned over to the National Archives after President Joe Biden leaves office on Jan. 20.NBC News - Jan. 3 -
Jill Biden received $20,000 diamond from Indian PM in 2023, among other gifts
Annual report details gifts given to first family by foreign leaders, most of which are transferred to National Archives. Joe Biden and his family were given tens of thousands of dollars in gifts ...The Guardian - Jan. 2 -
I paid $15,000 for my friend’s live-in boyfriend’s funeral. He was in his 40s and only had $5,000 in the bank. What happens next?
“I understood that, in California, hospitals and funeral homes have to notify the court when someone dies.”MarketWatch - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
CoD: Black Ops 6 Includes A Paid Event Pass For Squid Game Collab
A new update is scheduled for Call of Duty: Black Ops 6 and Warzone on January 3, which includes the recently announced Squid Game crossover event . In addition to new operator bundles, the ...GameSpot - Jan. 2 -
New York Employers Must Now Offer Paid Medical Leave During Pregnancy
All private companies in the state must now grant at least 20 hours of paid leave to employees to attend prenatal medical appointments under a law that went into effect Jan. 1.Inc. - Jan. 2 -
Merz pushes for EU free trade deal with Trump’s US
German conservative leader predicted to be next chancellor rejects retaliatory tariffsFinancial Times - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - 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 -
Ukraine stops transport of Russian gas to Europe
Ukraine has halted the transportation of Russian gas supplies through the country after a prewar transit deal expired at the end of last year, the nation's energy minister confirmed. Ukraine ...The Hill - Jan. 1 -
Belgium becomes first EU country to ban sale of disposable vapes
Products banned on health and environmental grounds, while Milan outlaws outdoor smoking . Belgium has become the EU first country to ban the sale of disposable vapes in an effort to stop young ...The Guardian - Jan. 1 -
The EU’s impossible choice on trade and tariffs
Trump’s threat of higher duties on Chinese goods raises the stakes for a union proud of its free-trading instinctsFinancial Times - Jan. 1 -
Era of cheap Russian gas to EU ends as transit across Ukraine stops
The EU says most states will not be affected but other European countries, including Moldova, are facing shortages.BBC News - Jan. 1 -
Russian gas stops flowing through Ukraine
Transit deal expires with no follow-up agreement on flows to central EuropeFinancial Times - Jan. 1 -
