Latest in Drops Cfo
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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 expensesBusiness - MarketWatch - October 30 -
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 UkraineWorld - 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 -
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 -
Phunware’s stock slides after CFO steps down and poll puts Harris ahead in Iowa
Shares of Phunware Inc. are down 5.1% after the mobile-advertising company tied to former President Donald Trump’s 2020 campaign said Chief Financial Officer Troy Reisner is stepping down. The news ...Business - MarketWatch - 4 days ago -
Athletics Drop ‘Oakland’ From Their Name
The team has a new designation and will play at Sutter Health Park in West Sacramento.Sports - The New York Times - 3 days ago -
Has America lost its shame?
The brazenness of US politicians in the face of scandals is a defining feature of the eraBusiness - Financial Times - October 16 -
Musk gives $75mn boost to Trump’s presidential run
World’s richest man aims to sway outcome of November election with donationBusiness - Financial Times - October 16 -
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearBusiness - Financial Times - October 16 -
Heisman watch: A Big Four, and then a very big drop
Boise State RB Ashton Jeanty is the midseason favorite after his incredible start to the season.Sports - Yahoo Sports - October 16 -
Utah HC Drops Tough Battle With Boston
The club gave it all they had, but couldn't solve Jeremy Swayman and a stout Bruins defence.Sports - Yahoo Sports - October 20 -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22 -
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Fatal Drug Overdoses Are Dropping. Not Everyone Is Spared.
Federal officials have celebrated a striking drop in drug overdoses across the country. But state-level data shows that Black people are suffering significantly worse outcomes than white people.Health - The New York Times - October 27 -
Source: Ravens' Smith fined for hip-drop tackle
Ravens linebacker Roquan Smith will be fined $16,833 and the NFL ruled that he used a hip-drop tackle on Bucs receiver Chris Godwin, a source told ESPN.Sports - ESPN - October 25 -
Wrexham drop to 3rd after conceding late penalty
Wrexham saw a last-gasp penalty decision go against them as Charlton Athletic earned a 2-2 draw on Saturday to leave the Hollywood-owned side outside of League One's automatic promotion places.Sports - ESPN - October 27 -
Birth rate drops to record low in England and Wales
Declining fertility risks adding pressure on the UK’s public finances and hampering economic growth, warn analystsBusiness - Financial Times - October 28 -
Fertility rate in England and Wales drops to lowest on record
Just over 591,000 babies were born in the UK last year - the lowest number in four decadesTop stories - BBC News - October 28 -
Harris campaign releases its own Fortnite map
The Harris campaign has launched a map on the popular video game "Fortnite." The map, called “Freedom Town, USA,” is attached to taglines like “Fight For Freedom” and was designed around Vice ...Politics - The Hill - October 28 -
Ballot drop box fires raise voter concerns
Police are still searching for the person suspected of setting Oregon and Washington drop boxes on fire Monday morning, destroying hundreds of ballots. The attacks prompted increased security ...Top stories - CBS News - October 29 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Towns makes mark for Knicks, drops 44 on Heat
In only his fourth game with the Knicks, Karl-Anthony Towns went wild with 44 points, by far the most by any New York player in this still-young season, leading his club to a 116-107 win over the ...Sports - ESPN - October 31 -
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 - October 31 -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - 4 days ago -
Will.i.am drops new song in endorsement of Harris
Rapper Will.i.am dropped a single Sunday night called “YES SHE CAN” while endorsing Vice President Harris in her race for the White House. “Something's going on in America / People entertained by ...Politics - The Hill - 3 days ago -
Woman wants UGA WR Young's charges dropped
The woman involved in an altercation that led to the arrest and suspension of Georgia wide receiver Colbie Young last month has retracted her statement to police and requested that all criminal ...Sports - ESPN - Yesterday -
Krispy Kreme’s stock drops on earnings miss
Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates but its effort to sell its products at McDonald’s is off to a successful start.Business - MarketWatch - Yesterday -
Nissan to lay off thousands of workers as sales drop
The Japanese car making giant has not yet said where in its global operations the job cuts will be made.Top stories - BBC News - 15 hours ago -
Zelenskyy pleads for more aid as Russia drops glide bombs on Ukraine
Russia has been dropping new glide bombs on Ukraine. The bombs use old Soviet-era ammunition retrofitted with wings and GPS systems. Holly Williams reports.Top stories - CBS News - October 13 -
The stats and shoes behind Chepngetich's jaw-dropping marathon world record
How the Kenyan took a step beyond what was thought by knocking almost two minutes off the previous best in Chicago.Top stories - BBC News - October 14 -
It Could Cost OpenAI a Lot to Drop its Nonprofit Structure
Leading AI firm OpenAI is valued at $157 Billion, but turning it into a for-profit company could mean a very expensive, complicated set of legal proceedings.Business - Inc. - October 14 -
In Wisconsin, election officials push back against critics of drop boxes
Wisconsin election officials are reassuring the public about the safety of ballot drop boxes, which have been the subject of conspiracy theories in the state since 2020.Top stories - ABC News - October 14 -
Here's what a $150,000 HELOC costs monthly now that rates have dropped
A $150,000 HELOC comes with inexpensive monthly payments that could fall in the months ahead. Here's what to know.Top stories - CBS News - October 14 -
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...Business - MarketWatch - October 15
