Latest in Companies Fall
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Shell and Equinor to create Britain's largest independent oil and gas company in joint venture
Britain's Shell and Norway's Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.CNBC - Dec. 5 -
With 4 Words, Google’s CEO Just Fired the Company’s Biggest Shot Yet at Microsoft Over AI
Sundar Pichai says Google’s AI models are competitive, but it’s the product that is the problem.Inc. - Dec. 5 -
Olive Garden’s Response to a Customer Complaint Is the 1 Thing No Company Should Ever Do
The “Tattoo’d Breadstick” serves as an important lesson about trust and taking care of your customers online.Inc. - Dec. 5 -
‘Cinnamon Softcore Art Deco’? Spotify Wrapped Falls Flat for Some
The Sound Towns of 2023 have been replaced with features such as an A.I.-driven podcast about users’ listening habits and word-salad-like genre summaries.The New York Times - Dec. 5 -
Stacking up the NFC West and predicting how the dominoes could fall
The Seahawks (rapidly improving defense), Cardinals (efficient offense) and Rams (relentless pass rush) are all vying to usurp the back-to-back division champions.Yahoo Sports - Dec. 5 -
What is UnitedHealthcare? What to know about the company after CEO is shot dead in ‘targeted attack’
Parent company of largest insurer in the US has come under antitrust scrutinyYahoo Sports - Dec. 5 -
How the world’s biggest offshore wind company was blown off course
Denmark’s Ørsted was once seen as a model for how oil and gas giants could go green. Its recent troubles suggest that things may not be so easyFinancial Times - Dec. 5 -
Boeing whistleblower says company's "toxic culture" threatened workers' safety
A Boeing Space whistleblower spoke out about alleged retaliation he faced from the company, claiming there was a "toxic culture" that threatened workers' safety. The accusation comes as the company ...CBS News - Dec. 4 -
Macron faced with difficult choices after French government falls
President must find a new prime minister who can pass a budget by year’s endFinancial Times - Dec. 4 -
Jeff Bezos believes his space company Blue Origin will be bigger than $2 trillion Amazon
Jeff Bezos believes his space venture Blue Origin will one day be a bigger company than Amazon.CNBC - Dec. 4 -
PVH Stock Falls After Holiday Outlook Falls Short
The company guided for sales to fall between 6% and 7% in the current quarter, wider than the 4.5% decline forecast by analysts.The Wall Street Journal - Dec. 4 -
Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - Dec. 4 -
MicroStrategy’s bitcoin bet has made its stock a big winner. Will other companies soon follow suit?
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - Dec. 4 -
November jobs report may show big gain — but not because more companies are hiring
The economy can’t do much worse at creating jobs after a dismal 12,000 gain in hiring in October. Wall Street expects a big rebound in November.MarketWatch - Dec. 4 -
AI play Pure Storage soars 24% after touting it won a contract with an unnamed big tech company
Pure Storage shares rallied 24% after announcing a contract with a top tier hyperscaler.CNBC - Dec. 4 -
Treasury yields end at lowest since October after French government falls
U.S. government debt rallied on Wednesday, sending yields to their lowest closing levels in more than a month, after France’s parliament voted to oust the government of Prime Minister Michel ...MarketWatch - Dec. 4 -
French Government Falls After National Assembly Approves No-Confidence Vote
The vote marks the first time in decades a prime minister has been ousted by lawmakers, as political paralysis grips the countryThe Wall Street Journal - Dec. 4 -
French Government Falls, Au Revoir Monsieur Barnier
A vote of no confidence for the French PM.BBC News - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
OpenAI partners with defense company Anduril
OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."CNBC - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Dead & Company announce new Sphere residency in Las Vegas
The jam band will return to the state-of-the-art dome-shaped venue in March 2025.Los Angeles Times - Dec. 4 -
Volkswagen Says Urgent Measures Needed to Save Company
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...The Wall Street Journal - Dec. 4 -
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Celtics eliminated from NBA Cup as Magic fall to Knicks
The Celtics were officially eliminated from the 2024 NBA Cup as a result of the Magic's loss to the Knicks on Tuesday night.Yahoo Sports - Dec. 4 -
Kospi heavyweight stocks fall in volatile trade amid political chaos
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.CNBC - Dec. 4 -
Donald Trump Jr. joins e-commerce company, sending its shares up 270%
PublicSquare, which describes itself as catering to "patriotic Americans," is adding the son of President-elect Donald Trump Jr. to its board.CBS News - Dec. 3 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
FTC takes action against location data companies accused of unlawfully using consumer info
The Federal Trade Commission announced that it is taking action against two location data companies after it said that they unlawfully tracked and sold private consumer information.NBC News - Dec. 3 -
German company caught smuggling chemical plant to Iran
Aiotec GmbH agrees $14.5mn settlement with US after disguising shipment of dismantled polypropylene facilityFinancial Times - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chipsABC News - Dec. 3 -
New Video Claims NZXT PC Rental Program Is "A Scam," Company Says It's Looking Into It
A new report alleges that PC hardware company NZXT's PC rental program is "shady and manipulative." The video from Gamers Nexus (via The Verge ) accuses NZXT of changing prices and parts between ...GameSpot - Dec. 2 -
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Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’
A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...MarketWatch - Dec. 2 -
Is OpenAI Getting Into the Advertising Business? The Company Is Sending Mixed Messages
The AI giant’s CFO says it’s looking into ads, but adds that it has no active plans as yet.Inc. - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2
