Cfo Says Prices - QuikReader

Walmart may have to raise some prices if Trump tariffs take effect, CFO says

The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.

Business - CNBC - 11 hours ago

Walmart will likely raise some prices if Trump tariffs take effect, CFO says

Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect.

Walmart CFO says some prices might rise if Trump's tariffs take effect

A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to increase the price of store items. “We never want to raise prices,” ...

Politics - The Hill - 7 hours ago

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

Business - CNBC - October 31

Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts

In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.

Business - CNBC - October 30

Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses

Business - MarketWatch - October 30

House prices at record high, says Halifax

Despite the increase, the lender warns mortgage costs could remain "higher for longer" following the Budget.

Trump says there's no 'price tag' on his deportation proposal

President-elect Trump said in an interview Thursday with NBC News that "there is no price tag" when it comes to his mass deportation plan. Throughout the campaign cycle, Trump touted a "Day 1 ...

Politics - The Hill - November 7

How would Trump’s promise of mass deportations of migrants work?

The mass deportation of undocumented immigrants would face legal and practical challenges - and cost billions.

Verizon’s ‘healthy’ earnings are met with a shrug once again

Verizon’s stock is headed for its third post-earnings decline in a row.

Business - MarketWatch - October 22

How to Attract Holiday Shoppers? Target and Walmart Say: Price Cuts and Throwbacks

Big-box retailers are rolling out discounts ahead of the winter shopping season.

Business - Inc. - October 23

In 'The Price of Power,' McConnell says Trump's MAGA movement is 'completely wrong'

New book chronicles McConnell's increasing dissatisfaction with Trump leading up to the 2020 election and in the days that followed.

The stock market hasn’t priced in a Trump win, Morgan Stanley strategist says

The chief U.S. stock-market strategist at Morgan Stanley says the fact that financial stocks are rallying has more to do with fundamentals than with the approaching election.

Business - MarketWatch - October 28

Petrol and food prices will fall thanks to oil glut, says World Bank

Downward trend in oil price from higher production, falling demand in China and clean energy to continue. Business live – latest updates Petrol and food prices will fall over the next two ...

World - The Guardian - October 29

Price and 5G promises needed for Vodafone-Three merger, says regulator

It wants commitments on prices and 5G if the creation of the UK's biggest mobile network is to go ahead.

UK house prices hit record high in October, says Halifax

Typical property now costs £293,999, surpassing previous peak set in June 2022

World - Financial Times - November 7

Trump says there's 'no price tag' for his mass deportation plan

President-elect Donald Trump told NBC News on Thursday that one of his first priorities upon taking office in January would be to make the border “strong and powerful.”

Politics - NBC News - November 7

Baby milk price promotion ban should end, watchdog suggests

Many parents opt for more expensive baby milk, equating higher costs with better quality, the watchdog found.

PS5 Pro's Huge Price Didn't Negatively Impact Sales, Sony Says

Earlier this month, the PlayStation 5 Pro finally arrived in stores. And while the lack of a disc drive and the $700 price tag have been unpopular with players , Sony President Hiroki Totoki ...

Tech - GameSpot - November 11

Why Carvana’s CEO Says Used Car Prices Will Drop

Co-founder Ernie Garcia says price declines and interest rate cuts should make used vehicles more affordable.

Business - Inc. - November 11

Will home prices drop in 2025? Here's what experts say.

Many prospective homebuyers may be wondering about the trajectory of home prices in 2025. Here's what to know now.

Trump's proposed tariffs would raise prices for these products, experts say

“This will directly impact people’s pocketbooks,” one expert said.

What Germany’s new naval base means for Baltic security

Also in this newsletter: the UK joins the EU in committing to the G7 loan to Ukraine

World - Financial Times - October 22

Societe Generale Taps Sabadell's Alvear as New CFO

The French bank outlined several management changes as it reported a sharp rise in net profit for the third quarter, helped by higher banking income.

Business - The Wall Street Journal - October 31

HSBC embarks on major restructuring, names first female CFO

HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.

Business - CNBC - October 22

Big companies are seeing more turnover in the CFO chair. Here's why that matters

CFO turnover hit 8.9% globally during the period, surpassing levels in 2022 and 2023.

Business - CNBC - October 26

X Names New CFO as Musk Shifts Focus to Trump Administration

Mahmoud Reza Banki, former Tubi finance chief, joins platform amid financial challenges.

Business - The Wall Street Journal - 6 days ago

Democratic senators slam McDonald's for menu price hikes they say have outpaced inflation

Three senators are asking McDonald’s about its menu price hikes in recent years, arguing the increases are higher than they should be — even with inflation.

This Texas city has the lowest cost of living in the U.S.: There is 'investment in the area keeps home prices low,' expert says

Realtor.com ranked the cities with the lowest cost of living by examining regional price parities data by the Bureau of Economic Analysis.

Business - CNBC - October 27

Poshmark's new pricing change backfired, so the CEO did something rare—it's great leadership, says expert

Poshmark CEO Manish Chandra issued a public apology after a new policy was poorly received. Here's why it actually hit the mark, says leadership expert Talia Fox.

Business - CNBC - October 28

Hawaii has the highest cost of living in the U.S.: The state has 'really high home prices' and expensive goods, expert says

The most expensive states were found by analyzing the cost of living by The Council for Community and Economic Research.

Business - CNBC - November 3

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