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QinetiQ Eyes U.S. Expansion Amid Higher Defense Budgets
The London-listed company is planning to expand in the U.S. as the country ramps up defense spending, its chief executive said after the company posted revenue above expectations.Business - The Wall Street Journal - November 14 -
Tapestry, Capri End Merger Hopes Amid Legal Uncertainty
Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ended their merger efforts after a federal lawsuit sought to block the deal.Business - The Wall Street Journal - November 14 -
Gas prices at one-year high in Europe amid Russian supply threat
Gazprom could stop flow of gas into continent as result of their legal battle with Austrian company OMV. Europe’s gas market rose by as much as 5% on Thursday to its highest price in a year after ...World - The Guardian - November 14 -
Fears mount over Trump’s second term amid flurry of shock selections
Dismay as president-elect picks Matt Gaetz as attorney general and Tulsi Gabbard and Pete Hegseth for key roles. Fears that Donald Trump’s second presidency will be more extreme than his first have ...World - The Guardian - November 14 -
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.Business - Inc. - November 14 -
Israel Pounds Area Near Beirut Amid Signs of a Widening Offensive
Israel and Hezbollah indicated they were clashing deeper inside Lebanese territory. An escalation could undermine efforts to reach a cease-fire, as Iran’s leader signaled he supported ending the ...World - The New York Times - November 15 -
How firefighters are battling a New Jersey wildfire amid extreme drought conditions
Firefighters battling the Jennings Creek Fire in New Jersey have the wildfire about 70% contained after it's burned 4,700 acres. The entire state of New Jersey is facing moderate to extreme drought ...Top stories - CBS News - November 15 -
GM lays off 1,000 employees amid reorganization, cost-cutting
The layoffs, which were announced Friday morning via email to those impacted, were across the business.Business - CNBC - November 15 -
GM lays off 1,000 employees amid reorganization and cost-cutting
General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the ...Top stories - NBC News - November 15 -
House Ethics Committee meeting canceled amid firestorm over Gaetz report
The House Ethics Committee has canceled its meeting set for Friday morning, two sources confirmed to The Hill, as the panel faces increased pressure to release its report into former Rep. Matt ...Politics - The Hill - November 15 -
Alibaba Revenue Misses Views Amid Weaker Chinese Economy, Competition
Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter.Business - The Wall Street Journal - November 15