Latest in Index Drops
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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 -
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Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.Business - MarketWatch - October 17 -
Harvard donations drop sharply in wake of criticism over Israel protests
Donors and alumni cut gifts to west’s wealthiest university by 14% to below $1bn with endowment fund taking brunt of hitWorld - Financial Times - October 17 -
Charges dropped against Tyron McAlpin following release of arrest video
The announcement comes after police body camera video of Tyron McAlpin's violent arrest became public and sparked outcry.Top stories - CBS News - October 17 -
Charges against deaf Black man beaten by Phoenix police dropped
Prosecutors in Arizona have dropped all charges against a deaf Black man with cerebral palsy who was beaten by Phoenix police in August after he didn’t respond to their orders, authorities ...Politics - The Hill - October 18 -
Some NBA player props dropped after Porter case
FanDuel, DraftKings and BetMGM are among the sportsbooks that will not offer under bets on NBA players on two-way or 10-day contracts to combat manipulation, following discussions between the ...Sports - ESPN - October 18 -
Charges Against Deaf Black Man Punched by Phoenix Police Are Dropped
The man, Tyron Scott McAlpin, who also has cerebral palsy, was repeatedly punched and shocked with a Taser by the police during an arrest in August. The arrest is under investigation.Top stories - The New York Times - October 18 -
Harvard donations drop; alums cut ties over anti-Israel protests
Harvard, the nation's richest university, saw donations plunge 15% after campus protests, new report shows.Politics - The Hill - October 19 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Disney Drops Blade From 2025 Release Calendar, Adds Predator Movie
For months, it's been obvious that there was no way that Marvel Studios' Blade movie was going to make its 2025 release. Now, it's official: Disney has dropped Blade from its November 7, 2025 ...Tech - GameSpot - October 22 -
Follow live: Lakers, Wolves going neck-and-neck late in season opener
nullSports - ESPN - October 23 -
Nigeria drops money laundering charges against detained Binance executive
US citizen who heads financial crime compliance at crypto exchange had been held since FebruaryWorld - Financial Times - October 23 -
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.Business - The New York Times - October 23 -
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 -
What causes home equity loan interest rates to drop? And will they keep falling?
Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.Top stories - CBS News - 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 ...Top stories - NBC News - October 23 -
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 -
Charges Dropped in Case Against Binance Employee Held in Nigeria
Tigran Gambaryan, who was in custody for eight months, has been released so he can receive medical care.Business - The New York Times - 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 -
Silicon Valley’s General Catalyst raises $8bn in global push
New money is the largest sum raised by a venture capital firm in more than 2 yearsBusiness - Financial Times - 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
