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UniCredit and Commerzbank square off with target hikes amid takeover battle

UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance.

Business - CNBC - Yesterday

State Minimum Wage Hike Ballot Measures Show Mixed Results

Missouri and Alaska voters approved bumps to $15 an hour, while a Californa propsoal to go to $18 failed. Increases for tipped workers were voted down in Massachusetts and Arizona.

Business - Inc. - Yesterday

US swing state voters: 'You have a big say on what happens in the entire world'

Residents in key states describe the non-stop, "incessant" and "exhausting" stream of ads and campaigning, designed to win them over before 5 November

New Xbox Shooter Blindfire Takes Place Nearly Entirely In The Dark, Playable Today

A new round-based multiplayer FPS, Blindfire, was announced during Xbox's most recent Partner Preview , and though multiplayer shooters are a dime a dozen, this one comes with a unique twist that ...

Tech - GameSpot - October 17

Power goes out on entire island of Cuba, leaving 10 million people without electricity

Cubans expressed alarm at the situation and one resident said they felt the country had reached the “bottom of the barrel.”

Employment rights bill will cost firms £5bn per year but benefits will justify costs, government says – UK politics live

Analysis from business and trade department says bill will significantly strengthen workers’ right. In the past the weirdest budget tradition was the convention that the chancellor is allowed to ...

World - The Guardian - October 21

Lionel Messi’s Miami compensation is more than entire payroll of 22 MLS teams

Argentinian was paid $12m in base salary Inter Miami had highest payroll in league Inter Miami’s Lionel Messi earned more than the entire payrolls of 22 other Major League Soccer teams, and ...

World - The Guardian - October 24

Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.

Business - CNBC - October 25

Here’s Why Meta Getting on the AI Search Bandwagon Could Change the Entire Online Ad Market

Meta is taking on Google and Microsoft by developing its own AI search engine. The repercussions for the digital advertising market could be huge.

Business - Inc. - October 29

This policy gap is harming Americans’ health — and finances, doctor group warns

Compared to other industrialized countries, the U.S. has “been behind for quite a while, so the time is definitely now” for these changes, a pediatrician told MarketWatch.

Business - MarketWatch - October 30

Do you have to fill out your entire 2024 election ballot? Here's what to know

While some voters may fill out a bubble in each section, others may be unsure about certain races and wonder: is it necessary to vote on every item?

Politics - The Hill - 4 days ago

NASCAR's controversy at Martinsville showed why its playoff system needs to be overhauled or ditched entirely

NASCAR is no longer competing with the NFL for eyeballs. It's time to reward a champion in a much fairer way.

Sports - Yahoo Sports - 4 days ago

Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal

Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.

Business - CNBC - October 14

UK water companies face struggle to raise equity without bill hikes, Moody’s warns

Sector suffering ‘diminishing investor confidence’ while needing major investment, says rating agency

World - Financial Times - October 15

Japan’s Wage Deal Timeline May Shape BOJ View on Next Rate Hike

World - Yahoo News - October 17

Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

Business - CNBC - October 18

Democratic senators slam McDonald's for menu price hikes they say have outpaced inflation

Three senators are asking McDonald’s about its menu price hikes in recent years, arguing the increases are higher than they should be — even with inflation.

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

World - ABC News - October 25

Japan's central bank to remain undeterred on rate hikes despite LDP's electoral shock, analysts say

Roughly 86% of economists polled by Reuters expect the central bank to leave its rates unchanged when it announces its decision Thursday.

Business - CNBC - October 28

Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales

It is a critical quarterly report for Pfizer, which is grappling with activist pressure from Starboard Value.

Business - CNBC - October 29

U.K. borrowing costs rise in volatile trade after budget delivered

U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...

Business - MarketWatch - October 30

We're hiking our GEHC price target, looking beyond a mixed quarter to next year's catalysts

While revenue slightly missed, an earnings beat along with a number of other positives pushed the stock higher.

Business - CNBC - October 30

Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

The pharmaceutical giant also raised its full-year revenue forecast to an increase of roughly 5%.

Business - CNBC - October 31

We're hiking our price target on an industrial whose earnings benefit from AI data center boom

Given Eaton stock's year-to-date outperformance, it's not too surprising to see some profit taking on the mixed print.