Latest in Cuts Switch Sales
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Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - 6 days ago -
EU to pursue Temu for alleged sale of illegal products
Consumer groups have raised concerns about toxic goods sold on platformWorld - Financial Times - 6 days ago -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - 5 days ago -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - 5 days ago -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - 5 days ago -
Sick man of Europe? Germany’s bosses sound alarm on staff illness
Studies claim that fewer sick days would have stopped the country’s economy shrinking last yearBusiness - Financial Times - 4 days ago -
Welsh councils plan cuts to plug £500m budget gap
Cuts to services loom as Welsh councils face a £500m budget gap.Top stories - BBC News - October 14 -
Boeing to Cut 10% of Workers Amid Strike, Delay New 777X Production
The plane maker plans to book $5 billion in charges on troubled programs and warns of a deeper quarterly loss amid machinists strike.Business - The Wall Street Journal - October 11 -
UK farmers forced to cut food production to stay viable, warns NFU
Terrible harvest and falling subsidies force businesses to embrace greener alternatives, says Tom BradshawWorld - Financial Times - October 14 -
Children must not pay price of council cuts, commissioner says
Local government experts say councils made all the "easy cuts" years ago and still face shortfalls.Top stories - BBC News - October 14 -
BBC boss warns of Russian and Chinese propaganda
The UK is losing out because of cuts to the World Service, the BBC's director general warns.Top stories - BBC News - October 14 -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcomeWorld - Financial Times - October 15 -
LCS takeaways: Yankees grab Game 1, Mets pull even
The Mets quieted Dodger Stadium in an NLCS Game 2 blowout, while the ALCS began with a Yankees win.Sports - ESPN - October 15 -
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Euro falls to 2-month low as investors price in interest rate cuts
Single currency has dropped more than 2% against dollar so far this monthWorld - Financial Times - October 15 -
Manchester United cuts continue as Sir Alex Ferguson ambassador role slashed
Ex-manager reported to receive more than £2m a year Sir Jim Ratcliffe’s Ineos has cut 250 staff from payroll The latest victim of the Ineos-led economy drive at Manchester United is none other ...World - The Guardian - October 15 -
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedBusiness - Financial Times - October 15 -
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”Business - The New York Times - October 15 -
Wednesday Briefing: U.S. Warns it May Cut Israel’s Military Aid
Plus, an investigation into China’s panda breeding program.World - The New York Times - October 15 -
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He was a Week 1 fantasy hero. Now it's time to cut him
Scott Pianowski examines six players you might be better off without on your fantasy football roster.Sports - Yahoo Sports - October 15