Cut Costs Earnings - QuikReader

Volkswagen in Drive to Cut Costs as Earnings Plunge

The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.

Business - The Wall Street Journal - 19 hours ago

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 - Yesterday

Dassault Systemes Cuts Guidance After Earnings Disappoint

The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.

Business - The Wall Street Journal - October 24

Woolworths Cuts Expectations for Australian Food Earnings

Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...

Business - The Wall Street Journal - Yesterday

Fear that winter fuel payment cut will cost lives

Wales' older people's commissioner says people will die because of the decision.

How Trump, Harris propose cutting healthcare costs

The economy and healthcare are two of the top concerns for voters in this election cycle, and both tickets have promised to lower healthcare costs. When she introduced her economic agenda earlier ...

Politics - The Hill - 6 days ago

PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz

PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.

Business - The Wall Street Journal - October 17

Stellantis to shutter and sell large testing facility amid cost-cutting efforts

Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.

Business - CNBC - October 18

Stellantis to sell, shutter large testing facility amid cost-cutting efforts

DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned.

US consumers cut back on spirits as cost of living pressures bite

Drinkers who splashed out during pandemic pull back from vodka, rum and Scotch whisky

Business - Financial Times - October 22

Volkswagen Could Close 3 Plants in Germany to Cut Costs

The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.

World - The New York Times - 2 days ago

For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany

The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.

Top stories - The New York Times - 2 days ago

Spirit Airlines furloughs more pilots as part of efforts to cut costs

Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...

Business - MarketWatch - 13 hours ago

How much does a $200,000 home equity loan cost per month now that rates are cut?

As interest rates fall, home equity loans become cheaper. Here's what a $200,000 home equity loan costs monthly now.

Man United legend Sir Alex Ferguson's ambassador role scrapped in cost-cutting move, per report

Ferguson was reportedly paid around $3 million a year for his services

Sports - CBS Sports - October 15

How much does a $15,000 home equity loan cost monthly now that rates were cut?

A home equity loan for $15,000 comes with inexpensive monthly payments now. Here's what to know.

How much does a $25,000 HELOC cost monthly now that rates were cut?

A $25,000 HELOC comes with inexpensive monthly payments right now, and they could become even cheaper in the months to come.

Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'

Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort.

Business - The Wall Street Journal - October 21

How much does a $30,000 home equity loan cost per month now that rates were cut?

A $30,000 home equity loan comes with inexpensive monthly payments now that interest rates have been reduced.

Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.

Business - CNBC - 6 days ago

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - 5 days ago

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 - Yesterday

Titans cutting Jamal Adams

Jamal Adams' brief tenure in Tennessee is coming to an end.

Sports - Yahoo Sports - October 17

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%

Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.

Business - CNBC - October 17

A beginner’s guide to US earnings season

Corporate profits matter, but some results matter more than others

World - Financial Times - October 18

Q3 2024 KeyCorp Earnings Call

Sports - Yahoo Sports - October 18

Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.

Business - CNBC - 6 days ago

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - Yesterday

Alphabet shares rise on earnings beats boosted by cloud revenue

Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.

Business - CNBC - 22 hours ago

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - 15 hours ago

Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earnings

Business - Financial Times - 13 hours ago

Airbus Revenue, Earnings Beat Forecasts

Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.

Business - The Wall Street Journal - 19 hours ago

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

The cost of college is quietly going down

The cost of college in the U.S. is going … down? With lower tuition, less student debt and more grant aid, College Board data released last week shows a hopeful future for higher education costs, ...

Politics - The Hill - 2 days ago

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

BBC to cut 155 roles from news operation

Broadcaster hopes move will save £24mn from budget, according to internal memo sent to staff

Business - Financial Times - October 15

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

Latest in Cut Costs Earnings

Volkswagen in Drive to Cut Costs as Earnings Plunge

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

Dassault Systemes Cuts Guidance After Earnings Disappoint

Woolworths Cuts Expectations for Australian Food Earnings

Fear that winter fuel payment cut will cost lives

How Trump, Harris propose cutting healthcare costs

PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz

Stellantis to shutter and sell large testing facility amid cost-cutting efforts

Stellantis to sell, shutter large testing facility amid cost-cutting efforts

US consumers cut back on spirits as cost of living pressures bite

Volkswagen Could Close 3 Plants in Germany to Cut Costs

For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany

Spirit Airlines furloughs more pilots as part of efforts to cut costs

How much does a $200,000 home equity loan cost per month now that rates are cut?

Man United legend Sir Alex Ferguson's ambassador role scrapped in cost-cutting move, per report

How much does a $15,000 home equity loan cost monthly now that rates were cut?

How much does a $25,000 HELOC cost monthly now that rates were cut?

Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'

How much does a $30,000 home equity loan cost per month now that rates were cut?

Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

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

Titans cutting Jamal Adams

Bank of Canada resorts to jumbo rate cut as growth falters

Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%

A beginner’s guide to US earnings season

Q3 2024 KeyCorp Earnings Call

Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

PayPal shares fall on revenue miss, soft guidance

Alphabet shares rise on earnings beats boosted by cloud revenue

Meta misses on user growth, warns of 2025 jump in AI spending

Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

Airbus Revenue, Earnings Beat Forecasts

Mass deportation could cost billions

The cost of college is quietly going down

Interest rate cut hopes raised as wage growth slows

BBC to cut 155 roles from news operation

Reeves eyeing £40bn in tax rises and spending cuts

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