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Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.Business - Inc. - October 22 -
Volvo Car Cuts Guidance on Worsening Auto Market
The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.Business - The Wall Street Journal - October 23 -
Beyond Inc. to Cut Workforce by About 20%
Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...Business - The Wall Street Journal - October 22 -
Intesa Sanpaolo unveils plans to cut 9,000 jobs
Italy’s largest bank wants to reduce costs by accelerating its digital transformationBusiness - Financial Times - October 23 -
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 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24 -
Trudeau announces sharp cuts to Canada's immigration targets
The government says it "didn't get the balance quite right" when it bolstered immigration to address labour shortages.Top stories - BBC News - October 24 -
Queen's University to cut jobs as it faces £11m deficit
The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.Top stories - BBC News - October 25 -
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 - October 25 -
Aces restructuring front office, cut ties with GM
The Aces will not renew the contract of general manager Natalie Williams as part of a restructuring of their front office, the team announced.Sports - ESPN - October 26 -
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 - 6 days ago -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - 5 days ago -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - 5 days ago -
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 - 5 days ago -
Bill Gates criticises Budget cut to overseas aid
Hidden in the Budget was a decision not to renew a Tory-era £2.5bn top-up to the UK's overseas aid budget.Top stories - BBC News - 4 days ago -
Stellantis Says Moving Quickly to Cut U.S. Inventories
Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...Business - The Wall Street Journal - 4 days ago -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - 4 days ago -
Smith & Nephew cuts outlook on China weakness
FTSE 100 medical manufacturer reports price pressures and worse-than-expected demandWorld - Financial Times - 4 days ago -
Brewers Struggle as Drinkers Cut Back on Beer Worldwide
Consumers around the world are drinking less beer, putting brewers in a bind.Business - Inc. - 4 days ago -
Ukraine and US warn Kyiv’s troops could face North Korean forces ‘in days’
New assessment finds as many as 8,000 soldiers have been deployed to Russia’s Kursk regionBusiness - Financial Times - 4 days ago -
Adani begins to cut off power supplies to Bangladesh
Indian conglomerate threatens to halt flows from coal-fired plant over debt disputeBusiness - Financial Times - Yesterday -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - 20 hours ago -
Which gold investment is best when rates are cut?
Some gold assets are better than others when interest rates are dropping, experts say.Top stories - CBS News - 13 hours ago -
South Carolina women clear-cut betting favorites
South Carolina was viewed as a second-tier contender, not one of the clear favorites, entering last season. Oddsmakers aren't doubting the Gamecocks this season, though.Sports - ESPN - 9 hours ago -
Frost says Congress should return "as soon as possible" to replenish disaster funds
Congress is not set to return from recess until Nov. 12, after Election Day.Top stories - CBS News - October 13 -
Corporate debts mount as credit funds let borrowers defer payments
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest ratesBusiness - Financial Times - October 14 -
Biggest US public pension fund Calpers invests in UK’s Octopus Energy
California retirement fund among investors drawn to power company for its software and green focusBusiness - Financial Times - October 14 -
Trend-tracking funds have now turned positive, Goldman Sachs says
Commodity-trading-advisor funds are up 1.4% in the year-to-date, following a tough start to the year.Business - MarketWatch - October 14 -
Banks and fund managers call on EU to commit to shorter settlement plan
Industry lobby groups urge Brussels to set timetable for modernisation of securities marketBusiness - Financial Times - October 14 -
China's premier inaugurates a Beijing-funded airport at the start of a Pakistan trip
China’s Premier Li Qiang has inaugurated a Beijing-funded airport built in restive southwestern Pakistan as he arrived for a regional security meeting in the capital, IslamabadWorld - ABC News - October 14 -
Podcaster Stebbings raises one of Europe’s biggest venture funds
British firm 20VC pulls in $400mn to invest in early stage tech start-upsBusiness - Financial Times - October 15 -
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U.S. tells Israel, boost humanitarian aid to Gaza or risk losing weapons funding
The Biden administration says Israel has 30 days to respond.Top stories - CBS News - October 15
