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Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
Amazon plans to shut down Freevee, its no-cost streaming service
Amazon will phase out its streaming service Freevee, the company confirmed. The free, ad-supported service was the original home for the series 'Jury Duty.'Entertainment - Los Angeles Times - November 13 -
How much does a $10,000 HELOC cost monthly now that rates are falling?
A $10,000 HELOC comes with inexpensive monthly payments that could fall further in the months ahead.Top stories - CBS News - November 13 -
UK air traffic control failure cost up to £100mn, finds review
Report into August 2023 travel chaos highlights lack of planning and training across the aviation sectorWorld - Financial Times - November 14 -
How new producer price data signals potential costs for Americans
New economic data is trickling in and the latest producer price index numbers could signal a potential trend about the state of inflation in the U.S. CBS MoneyWatch correspondent Kelly O'Grady has ...Top stories - CBS News - November 14 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - November 15 -
FirstFT: US companies rush to cash in on Trump market rally
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - 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 -
Bruins' inconsistency is latest flaw costing them valuable points
Just when you think maybe the Bruins have turned a corner, all their momentum comes to a screeching halt with another awful loss.Sports - Yahoo Sports - 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 -
Trump's win could sharply raise the cost of electric vehicles. Here's why.
Americans looking to purchase EVs may want to do so quickly, as the incoming administration is likely to axe a $7,500 tax credit.Top stories - CBS News - November 15 -
How Elon Musk Cuts Costs at Tesla, SpaceX and X
Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. ...Business - The New York Times - November 16 -
Car transporters face big costs and fines from German safety standards
Industry says new rules on how vehicles are lashed to trailers are latest example of cumbersome red tapeWorld - Financial Times - November 17 -
Thames Water’s emergency loan could cost £800mn in interest and fees
Mooted £3bn loan will hit customers and drain troubled utility’s resources, warn expertsWorld - Financial Times - November 17 -
Despite Lowering Toll to $9, Hochul May Find a Higher Political Cost
Gov. Kathy Hochul’s move to revive congestion pricing in New York has energized her Republican opponents, giving them fodder to fight her re-election in 2026.Top stories - The New York Times - November 15 -
'Outside the box' - Boss Beard says penalty decision cost Reds derby
Liverpool manager Matt Beard says the officials "let them down" after referee Abigail Byrne awarded a penalty to Everton when Fuka Nagano clipped Honoka Hayashi as replays showed the foul appeared ...Top stories - BBC News - November 18 -
Greece faces general strike as workers protest cost of living squeeze
Unions demand ‘dignified wages’ as unequal recovery from debt crisis has left many struggling with higher costs. A nationwide strike by public- and private-sector employees looks likely to paralyse ...World - The Guardian - November 20 -
Santander sets aside £295mn to cover costs over car finance ruling
Provision made after court decision last month on mis-selling of car loansWorld - Financial Times - November 20 -
Congressional Hispanic Caucus chair: Mass deportation plan will increase grocery costs
Congressional Hispanic Caucus Chair Rep. Nanette Diaz Barragán (D-Calif.) said mass deportations could cause a spike in costs for American families, including at the grocery store. President-elect ...Politics - The Hill - November 20 -
Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.Business - The Wall Street Journal - November 20
