Latest in Firms Dropping
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Influential activist short-seller firm Hindenburg Research says it is shutting down
Founder Nathan Anderson says he and his team are ready to move on to the next chapter in their lives after just eight years.MarketWatch - Jan. 16 -
First US congestion pricing scheme brings dramatic drop in NY traffic
Speeds along bridges and tunnels to Manhattan are sharply up and roads are much less cloggedFinancial Times - Jan. 16 -
BioShock And Borderlands Veterans Drop First Look At Wartorn
Stray Kite Studios--an indie developer that includes veterans from BioShock, Borderlands, and Age of Empires--has debuted the first look at the company's inaugural original title Wartorn. As seen ...GameSpot - Jan. 15 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
Why a small drop in inflation matters to you
The marginal dip in UK inflation is unusually important and offers some respite to the chancellor.BBC News - Jan. 15 -
Private equity firm Providence weighs £1bn sale in latest events transaction
Company in early-stage deliberations over sale of CloserStill amid surging demand for conferencesFinancial Times - Jan. 15 -
Families dropped by insurance struggle after losing homes in California fires
More than 100,000 homeowners in the Los Angeles area were dropped by their insurance companies before the recent wildfires broke out. Elizabeth Cook shares the story of families now struggling to ...CBS News - Jan. 14 -
Here's where insurance firms see the most risk for disasters
In the months preceding the outbreak of the infernos now raging through Los Angeles County, home insurance carriers began withdrawing new coverage in response to the rising threat from wildfires, ...NBC News - Jan. 14 -
KPMG readies challenge to US law firms
Big Four accounting firm wins panel endorsement for Arizona license to offer legal services to corporate AmericaFinancial Times - Jan. 14 -
Imec spins out Vertical Compute memory chip firm in $20.5M deal
Europe's Imec.xpand is spinning out memory chip firm Vertical Compute in a seed investment round worth $20.5 million.VentureBeat - Jan. 14 -
Kalshi names Donald Trump Jr. as strategic advisor to prediction market firm
The president-elect's eldest son's growing business footprint now includes the prediction market platform that rose to prominence during the 2024 election.CNBC - Jan. 13 -
There's a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop
Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures.CNBC - Jan. 13 -
GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - Jan. 13 -
Bezos' space firm calls off debut launch of new rocket in final minutes of countdown
Blue Origin has called off the debut launch of its massive new rocket because of technical troubleABC News - Jan. 13 -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - Jan. 13 -
Fears for UK boomer radicalisation on Facebook after Meta drops factcheckers
For middle-aged users, it will be ‘even harder to discern the truth’ among extremist content, expert says. Experts fear the decision by Meta to drop professional factcheckers from Facebook will ...The Guardian - Jan. 12 -
UK government to crack down on MPs earning extra cash from media firms
Jacob Rees-Mogg and Nigel Farage are among those who have earned large sums from broadcasters, but a tightening of rules on MPs’ outside interests is being considered. MPs would no longer be able ...The Guardian - Jan. 12 -
Transfer rumors, news: Man City make firm move for Marmoush
Manchester City are on the verge of signing striker Omar Marmoush from Eintracht Frankfurt. Transfer Talk has the latest news, gossip and rumors.ESPN - Jan. 11 -
Biden calls Meta’s decision to drop factchecking ‘really shameful’
The president strongly criticized Meta’s decision to replace factchecking department with community notes. Joe Biden has pushed back on Meta chief executive officer Mark Zuckerberg’s decision to ...The Guardian - Jan. 11 -
Is the Pink Fire Retardant That Planes Are Dropping on the California Fires Safe?
It’s widely used because it can slow flames in ways that water can’t. But it also contains heavy metals and other harmful compounds.The New York Times - Jan. 11 -
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Biden on whether he regrets dropping out of the 2024 election
President Biden unexpectedly answered reporter questions on a wide range of topics on Friday, including if he regrets dropping out of the 2024 election. CBS News White House reporter Willie James ...CBS News - Jan. 10 -
Border Crossings Continue to Drop Before Trump’s Second Term
Illegal crossings at the U.S.-Mexico border in November fell to their lowest level of President Biden’s administration.The New York Times - Jan. 10 -
Disney, Fox and Warner Bros. Drop Venu Sports Streaming Service
Venu Sports, a joint venture among Disney, Fox and Warner Bros., was announced to great fanfare last year but was discontinued before it ever became available.The New York Times - Jan. 10 -
Mercedes-Benz Car Sales Drop Amid Challenging Market
Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.The Wall Street Journal - Jan. 10 -
With Trump Arriving, Zelensky Urges Allies Not to ‘Drop the Ball’
In an impassioned address to officials from countries supporting Ukraine, Mr. Zelensky said “a new chapter” would be starting for Europe and the rest of the world, requiring even more cooperation.The New York Times - Jan. 9 -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - Jan. 9 -
Zelenskyy urges western allies ‘not to drop ball’ when Trump returns
Ukrainian leader appeals for sustained military support as US president-elect seeks ‘new chapter’ in Europe. Volodymyr Zelenskyy has urged Ukraine’s western allies “not to drop the ball” and to ...The Guardian - Jan. 9 -
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Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
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Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
Why eggs are nearly $9 a dozen in California — and when prices could drop
Egg prices at the grocery store shocked many consumers over the recent holiday season, and those prices are expected to continue to climb after an unanticipated spike in the number of bird flu ...MarketWatch - Jan. 8 -
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Meta changes hate speech rules, dropping LGBTQ protections
Meta, the parent company of Facebook and Instagram, dropped some LGBTQ protections from its hate speech rules Tuesday amid a wider overhaul of the social media giant’s content moderation ...The Hill - Jan. 8 -
Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...The Hill - Jan. 8 -
Palantir’s stock sees sharpest drop since May as momentum cools
Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?MarketWatch - Jan. 7 -
Meta Drops Rules Protecting LGBTQ Community as Part of Content Moderation Overhaul
The changes included allowing users to share “allegations of mental illness or abnormality when based on gender or sexual orientation.”The New York Times - Jan. 7 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
What to know about Florida's massive falling iguanas when temperatures drop
When temperatures drop in South Florida, it can cause a big problem for Floridians: falling iguanas. When it gets too cold, the large invasive reptiles — which can grow to be up to 5 feet long and ...CBS News - Jan. 7