Environment Sales Drop

Tractor Supply Co. ekes out sales gain in ‘tepid’ demand environment

Tractor Supply Co.’s third-quarter sales fell slightly short of estimates on Thursday in a lackluster environment, but the rural lifestyle retailer raised the lower end of guidance ranges.

Business - MarketWatch - October 24

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains

Business - Financial Times - October 30

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 America

Business - MarketWatch - October 31

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.

LVMH shares down 7% after warning of ‘uncertain’ outlook

World’s largest luxury group hit by pullback in Chinese consumer spending

Business - Financial Times - October 16

Chrysler and Jeep maker sees North American deliveries dive 36%

Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024

Business - MarketWatch - October 16

Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales

Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.

Business - The New York Times - October 17

Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales

Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.

Business - CNBC - October 23

Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures

Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.

Business - CNBC - October 23

September home sales drop to lowest level since 2010

Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the ...

Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments

Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.

Business - CNBC - October 23

Global public debt will hit $100 trillion by year-end, says IMF

The IMF warned of the risks posed by unsustainable public debt levels.

Business - CNBC - October 23

CDC told McDonald's about potential E. coli outbreak late last week

Roughly a fifth of McDonald's U.S. restaurants are not selling Quarter Pounder burgers at this time.

Business - CNBC - October 23

10-year Treasury yield briefly tops 4.25%, hits highest level since late July

The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Fed officials on the trajectory of interest rate cuts.

Business - CNBC - October 23

Watch Ripple CEO Brad Garlinghouse speak live on legal battle with SEC and upcoming election

Ripple CEO Brad Garlinghouse will speak at DC Fintech Week in Washington, D.C., on Wednesday afternoon.

Business - CNBC - October 23

Abercrombie & Fitch responds to former CEO's sex trafficking arrest, says it will cooperate with law enforcement

Abercrombie & Fitch said it will cooperate with law enforcement after its former CEO Mike Jeffries was arrested on sex trafficking and related charges.

Business - CNBC - October 23

Tesla investors have a lot of questions for Musk about Trump

On a forum that Tesla uses to solicit questions from investors ahead of earnings, there are a bunch of questions about Republican nominee Donald Trump.

Business - CNBC - October 23

IBM stock slips on disappointing consulting and infrastructure revenue

IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.

Business - CNBC - October 24

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

Revenue for the third quarter grew about 94% year-on-year.

Business - CNBC - October 24

Tim Cook is likely visiting China to bolster support for Apple Intelligence, analysts say

The CEO met with China's Minister of Industry and Information Technology as well as the heads of some local companies, including China Mobile and Weibo.

Business - CNBC - October 24

Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.

Business - CNBC - October 24

Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

Business - CNBC - October 24

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.

Business - CNBC - October 24

Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft

As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.

Business - CNBC - October 24

Top 10 things to watch in the stock market Thursday, including news on Nvidia, 3 other Club stocks

The S&P 500 was trying to break a three-session losing streak.

Business - CNBC - October 24

Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.

Business - CNBC - October 24

Generative AI is onboarding hundreds of employees at a time, better and faster

Onboarding new employees is a core responsibility of talent leaders. It's increasingly being turned over to AI.

Business - CNBC - October 24

OpenAI disbands another safety team, head advisor for 'AGI Readiness' resigns

OpenAI is disbanding its "AGI Readiness" safety team, which advised the company on its capacity to handle the outcomes of increasingly powerful AI.

Business - CNBC - October 24

Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection

Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.

Business - CNBC - October 24

Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.

Business - MarketWatch - October 30

Nintendo’s 1st half sales drop 34% as Switch shows its age

Nintendo said sales for the 1st half of 2024 fell 34.1% to $3.43 billion as it saw a slowdown in sales for Nintendo Switch hardware and games.

Tech - VentureBeat - 3 days ago

Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown

Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low. Shares in luxury goods brands slumped after Louis Vuitton ’s LVMH reported an ...

World - The Guardian - October 16

Treasury yields jump after better-than-expected retail sales, drop in jobless claims

U.S. Treasury yields were higher on Thursday as investors parsed the latest economic data.

Business - CNBC - October 17

Kraft Heinz’s stock drops as sales volumes fall again, more than prices rise

Kraft Heinz misses sales expectations again, as volumes keep falling, and the stock heads for a three-month low.

Business - MarketWatch - October 30

Energy & Environment — A lithium trove in Arkansas?

{beacon} Energy & Environment Energy & Environment The Big Story Arkansas could be key lithium source, study finds Arkansas's Smackover Formation could have up to 19 million tons of lithium, ...

Politics - The Hill - October 22

FAA rule creates 'operating environment' for 'air taxis'

The Federal Aviation Administration issued the final rule for air taxis and other electric-powered aircraft on Tuesday, calling the regulations the "final piece in the puzzle" to introducing these ...

Politics - The Hill - October 23

Energy & Environment — Harris, Trump draw contrast on climate

{beacon} Energy & Environment Energy & Environment The Big Story What would Trump and Harris do on energy, climate change? Vice President Harris and former President Trump are offering a stark ...

Politics - The Hill - October 23

Why are disposable vapes so bad for the environment?

Single-use disposable vapes will be banned to protect children's health and reduce environmental damage.

What does Trump's win mean for the environment?

Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story What does Trump's win mean for the environment? President-elect Trump’s electoral victory will ...

Politics - The Hill - Yesterday

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