Adidas Cut - QuikReader

Adidas Shares Jump After Preliminary Results Beat Expectations

The sporting-goods company surpassed its own profit expectations amid fierce competition in the sector and as its biggest rival, Nike, continues to pursue a brand revamp strategy.

The Wall Street Journal - 1d

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.

CNBC - 11h

What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.

The New York Times - 13h

Puma stock slumps, a day after Adidas rally. New Speedcat range may be to blame.

Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.

MarketWatch - 20h

Adidas has ‘brand heat,’ analysts say. It’s a hot stock, too.

Adidas stock rallied on Wednesday as the apparel maker said its fourth-quarter results would come in ahead of estimates.

MarketWatch - 1d

Adidas shares pop 6% as European markets open with positive momentum

European stocks are expected to open higher Wednesday, continuing positive sentiment seen in global markets since the start of the week.

CNBC - 1d

Stripe cuts 300 jobs in product, engineering and operations

Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.

CNBC - 2d

Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter

The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.

The Wall Street Journal - 2d

Starbucks Expecting Job Cuts by March

Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.

The Wall Street Journal - 6d

Citigroup Slashes Jobs as Cost-Cutting Continues

Targets include senior managers in the banking giant’s wealth, technology and data analysis units.

Inc. - 6d

Rahm misses cut, McIlroy struggles in Dubai

Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.

ESPN - 6d

What Did Trump’s Tax Cuts Do?

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

The New York Times - 6d

Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

CNBC - Jan. 16

BP axes 4,700 jobs in cost-cutting drive

UK energy major under pressure from shareholders to turn around its performance

Financial Times - Jan. 16

BP to cut 4,700 jobs to reduce costs

The job losses at the oil giant will affect more than 5% of its global workforce.

BBC News - Jan. 16

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

Missile Attack Prompts Emergency Power Cuts in Ukraine

President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.

The New York Times - Jan. 15

Lloyds to cut 500 jobs and close two offices

UK bank to review more than 1,500 jobs across multiple departments

Financial Times - Jan. 15

How Skechers’ Business Model Built the Third-Best Selling Footwear Brand After Adidas and Nike

The L.A.-area company is on track to increase sales to $10 billion by 2026, using a product and marketing strategy focusing on consumers its giant rivals overlook.

Inc. - Jan. 13

Cutting aeroplane contrails is an easy climate win

Tackling these emissions should be simple, fast and cost-effective

Financial Times - Jan. 13

U.S. Companies Cut Diversity Efforts as Challenges Mount

At least six major U.S. companies modified their DEI policies last year.

Inc. - Jan. 10

Trump's tax-cut obstacle course

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...

The Hill - Jan. 10

Meta cutting DEI team, programs in broad shift

Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...

The Hill - Jan. 10

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - Jan. 10

Cutting out alcohol for "Dry January"

Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.

CBS News - Jan. 9

Adidas Promo Codes & Deals: 20% Off

Shop sale items at Adidas and get an additional 20% off when you use our coupon code.

Wired - Jan. 9

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

Washington Post cutting 4 percent of workforce

The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...

The Hill - Jan. 7

UK high-speed rail line told to cut charges

Regulator rules fees should come down by 3.8% compared with HS1’s proposal

Financial Times - Jan. 6

‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?

Keir Starmer has vowed to make better use of existing capacity to reduce massive backlog

Financial Times - Jan. 6

Chinese Vessel Cuts Taiwan Internet Cable in Apparent Sabotage

The incident caused only minimal disruption of service but sent a message about the vulnerability of the island and its internet.

The Wall Street Journal - Jan. 6

France signals fewer spending cuts and tax rises ahead of budget talks

Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025

Financial Times - Jan. 6

‘Financial suffocation’: Argentina’s medics fear impact of Milei’s chainsaw cuts

Workers at main paediatric hospital say quality of care is threatened by president’s economic policy. The Garrahan paediatric hospital in Buenos Aires swarms with patients, parents and medical ...

The Guardian - Jan. 6

ECB has been too slow to cut rates, Eurozone economists warn

Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’

Financial Times - Jan. 5

ATF chief warns that agency cuts could result in dire consequences

Congressional Republicans proposed $188 million in cutbacks to the agency this year, alleging the ATF overreaches and places too many restrictions, including on pistol braces.

CBS News - Jan. 4

Streeting to unveil extra funding for English hospitals that cut waiting times fastest

Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’

Financial Times - Jan. 4

Slovakia threatens to cut benefit for Ukrainians

Yahoo News - Jan. 3

Slovakia threatens to cut benefit for Ukrainians

A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.

BBC News - Jan. 2

Lions cut Jamal Adams from practice squad

The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.

Yahoo Sports - Jan. 1

Here are 9 states cutting their individual income taxes on Jan. 1

Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.

CBS News - Jan. 1

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