Latest in Uber shares fall as strong dollar hits bookings outlook
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BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.MarketWatch - Jan. 16 -
Billion-dollar video game: is this the most expensive piece of entertainment ever made?
How player-funded development launched a multiplayer game of galactic proportions – and costs – in Star Citizen. How much does it cost to make a video game? The development expenses of blockbuster ...The Guardian - Jan. 16 -
The alarming contradictions awaiting Donald Trump’s dollar
Big tax cuts and tariff hikes will prevent any new Plaza Accord to manage currenciesFinancial Times - Jan. 16 -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - Jan. 15 -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - Jan. 15 -
WATCH: ‘Uber Dog’ makes passengers smile in Colorado
Kevin Ferman has been picking up Uber riders all over Colorado for over 10 years, but he started bringing his dog Bowie along on his rides after adopting him 2 1/2 years ago.ABC News - Jan. 15 -
The week's bestselling books, Jan. 19
The Southern California Independent Bookstore Bestsellers list for Sunday, Jan. 19, 2025, including hardcover and paperback fiction and nonfiction.Los Angeles Times - Jan. 15 -
GM Signs Multibillion-Dollar Deal for Supply of EV Battery Materials
The deal, with Norway’s Vianode, is for delivery of a material critical for electric-vehicle batteries.The Wall Street Journal - Jan. 15 -
SGS, Bureau Veritas in Talks for Potential Multibillion-Dollar Tie-Up
The Swiss and French companies are in talks about a combination that would create a giant in Europe’s inspection, certification, and testing services industry, with a combined market value of some ...The Wall Street Journal - Jan. 15 -
Ayesha Curry on new book imprint "Sweet July Books"
Chef, entrepreneur and author Ayesha Curry joins "CBS Mornings Plus" to discuss expanding her empire into publishing, uplifting diverse voices and why she selected her imprint's first novel ...CBS News - Jan. 14 -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - Jan. 13 -
Strong earthquake hits Japan, triggering tsunami alerts
A strong earthquake struck southwestern Japan, the U.S. Geological Survey said, prompting authorities to issue a tsunami advisory.CBS News - Jan. 13 -
Inside the Multimillion-Dollar Recruitment of a College Football Star
Miami wasn’t excited about any quarterback in the transfer portal. Then Carson Beck entered.The New York Times - Jan. 13 -
Tsunami advisory lifted after strong earthquake hits Japanese coast
The U.S. Geological Survey put the quake’s preliminary magnitude at 6.8.ABC News - Jan. 13 -
"Ms. Rachel" shares new books and her journey to becoming a toddler sensation
Rachel Accurso, known as "Ms. Rachel," joins "CBS Mornings" to talk about her new books "100 First Words," "My First Coloring Book," and "Potty Time with Bean." Known for her educational YouTube ...CBS News - Jan. 13 -
Falling Child Vaccinations
U.S. vaccination rates against once-common childhood diseases are falling.The New York Times - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.The New York Times - Jan. 10 -
Healthy Deal Pipeline Fuels Revived IPO Outlook for 2025
Wall Street banks eye private-equity owned companies looking for exits as the lineup of projected public offerings grows.Inc. - Jan. 10 -
The books members of Congress are reading
Since opening up an independent bookstore on Long Island, I’ve often been asked by my former colleagues in Congress for book recommendations. At the start of every new year, I survey members for ...The Hill - Jan. 10 -
Dollar dominance means tariffs are not the only game in town
America’s grip on global financial services could provide Trump with another source of leverageFinancial Times - Jan. 10 -
Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - Jan. 10 -
Ubisoft Shares Fall After Net Bookings Slump, Assassin's Creed Delay
The stock dropped after the videogame maker said it expected a decrease in third-quarter net bookings and pushed back the release of its blockbuster game for a second time.The Wall Street Journal - Jan. 10 -
UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.MarketWatch - Jan. 9 -
M&S Christmas cheer hit by uncertain outlook for UK
Festive food sales jumped but the retailer is concerned about the British economy.BBC News - Jan. 9 -
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.CNBC - Jan. 9 -
Amazon Books editorial director shares top reads to inspire New Year's reset
Amazon Books' editorial director Sarah Gelman joins "CBS Mornings" with recommendations to help reset your life in January and become the best version of yourself in 2025.CBS News - Jan. 8 -
The week's bestselling books, Jan. 12
The Southern California Independent Bookstore Bestsellers list for Sunday, Jan. 12, 2025, including hardcover and paperback fiction and nonfiction.Los Angeles Times - Jan. 8 -
Fast-moving wildfire destroys homes as strong winds hit southern California
Fire quickly consumed hundreds of acres in the Pacific Palisades, an affluent community north of Santa Monica. Follow live: Wildfire billowed by ‘life threatening’ windstorm sweeps southern ...The Guardian - Jan. 8 -
Apple’s ‘decidedly unattractive’ outlook sparks rare bearish call on the stock
An analyst says Apple’s stock price bakes in only good news, but he sees more than 20% downside as negative developments pile up.MarketWatch - Jan. 8 -
Delta links its loyalty program to Uber, ending partnership with Lyft
Starting this spring, Delta SkyMiles members will be able to earn loyalty points for Uber rides.CNBC - Jan. 8 -
UK watchdog bans adverts featuring burning dollars
Posters from Islamic finance start-up Wahed Invest likely to cause ‘serious offence’, rules ASAFinancial Times - Jan. 8 -
Uber and Lyft to offer driverless rideshare cars
Customers in Atlanta and Austin, Texas, will be able to hail one of these driverless rideshare cars via the Uber app.The Hill - Jan. 7 -
Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.The Wall Street Journal - Jan. 7 -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - Jan. 7 -
Nvidia chief calls robots ‘multitrillion-dollar’ opportunity
Jensen Huang unveils AI models for humanoids and self-driving car partnership with Toyota at CES keynoteFinancial Times - Jan. 7
