Latest in Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
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Volkswagen's employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in GermanyWorld - ABC News - Yesterday -
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McDonald’s stock drops as Quarter Pounders linked to E. coli outbreak, CDC says
An outbreak of E. coli linked to McDonald’s Corp. Quarter Pounder burgers has killed one person and hospitalized 10 people in 10 states.Business - MarketWatch - October 23 -
Johnson announces $27.5M third-quarter fundraising in record for Speaker
Speaker Mike Johnson (R-La.) announced a $27.5 million fundraising haul for the third quarter of the year, a sum that is welcome news for Republicans hoping to keep control of the House as they ...Politics - The Hill - October 14 -
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.Business - MarketWatch - October 15 -
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingBusiness - Financial Times - October 16 -
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Business - MarketWatch - October 16 -
Netflix’s third-quarter revenue and subscriber numbers beat expectations
US streaming service is investing heavily in live sporting events to differentiate from rivalsBusiness - Financial Times - October 17 -
China reports third-quarter GDP growth of 4.6%, slightly beating expectations
Beijing has faced public scrutiny over its ability to meet its own annual growth target of "around 5%."Business - CNBC - October 18 -
Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus
Wobbly data for the third quarter underscores challenges for Beijing policymakers seeking to boost economic activity.World - The Wall Street Journal - October 18 -
Netflix rose 11% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.Business - CNBC - October 18 -
Munich Re Lifts Outlook Despite Third-Quarter Miss
Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.Business - The Wall Street Journal - October 22 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - 5 days ago -
Tesla shares jump in third-quarter earnings even as expected revenue is lower
After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...World - The Guardian - 6 days ago -
Unilever reiterates 2024 outlook after third-quarter sales growth
Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.Business - MarketWatch - 6 days ago -
Euro zone growth hits two-year high of 0.4%, beating expectations
Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.Business - CNBC - 1 hour ago -
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.Business - CNBC - 33 minutes ago -
US economy grew at a sturdy 2.8 percent pace in third quarter
The final economic growth report before the election showed U.S. gross domestic product (GDP) rising at strong pace, according to data released Friday by the Commerce Department. U.S. GDP grew at ...Politics - The Hill - 38 minutes ago -
The U.S. economy grew at a 2.8% pace in the third quarter, less than expected
The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown.Top stories - NBC News - 27 minutes ago -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - 5 days ago -
Spirit Plans Layoffs and Plane Sales Amid Financial Turbulence
The company disclosed its plans for $80 million worth of cost-cutting moves, but has shared few details.Business - Inc. - Yesterday -
Civilians trapped in northern Gaza amid airstrikes and reports of close-quarters combat
Israel says it has killed more than 50 Hamas fighters and denies it aims to remove people permanently from area. Tens of thousands of civilians are still trapped in Jabalia in northern Gaza by a ...World - The Guardian - October 16 -
Star Citizen's Celebrity-Filled Squadron 42 Gets Tentative 2026 Date
Few games have ever been in development as long as Star Citizen has, with its 12-years-and-counting cycle. But Star Citizen's standalone spin-off, Squadron 42 , comes close with 10 years since ...Tech - GameSpot - October 21