Latest in Industrials S&p Close
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Saudi Arabia and Sports Network DAZN Close to Deal
A unit of the kingdom’s sovereign wealth fund would pay more than $1 billion to buy into DAZN, in the latest sign of its sports ambitions.The New York Times - 18h -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 3h -
US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - 4d -
Macy's will close 66 stores this year. Here is where they are.
Macy's has released a list of the more than 60 underperforming stores it is closing in 2025.CBS News - 5d -
A culture that's ready for a different kind of close-up
Manuel Betancourt's new book, 'Hello Stranger,' explores what makes us human and the ways in which we avoid 'making contact.'Los Angeles Times - 5d -
Macy’s to Close 66 Store Locations
Macy’s real estate assets, including the Herald Square location, are worth about $5 to $9 billion.Inc. - 5d -
Is a Macy’s near you closing? Beleaguered department store is closing 66 locations.
Macy’s Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its ...MarketWatch - 5d -
Micron’s stock leads the S&P 500 for 2025. Here’s why more gains could follow.
An analyst sees big upside ahead, fueled by rapid growth in high-bandwidth memory for AI.MarketWatch - 6d -
Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
CEOs might not be so idolized if we realized that many wash out of the job quickly.MarketWatch - 6d -
CoinZoom: Revolutionizing the Financial Industry through Blockchain Technology
The US-based global fintech and payments company is working to enable financial freedom for millions worldwide. Having built a secure, accessible platform for businesses and consumers to utilize ...CBS News - 6d -
S&P 500 starts January with gains after Santa rally busts. What to watch for next.
A pair of closely watched but overlapping stock-market phenomena delivered a split decision for investors looking for clues to possible full-year performance. A tiebreaker awaits.MarketWatch - 6d -
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Moment friends abandon house as Palisades fire closes in
The blaze has been declared the most destructive in the city's history with more than 1,000 structures destroyed.BBC News - 6d -
Los Angeles wildfires disrupt television, entertainment industry
Jimmy Kimmel Live and other TV productions went dark Wednesday as fires spread. It's unclear when they'll resume.CBS News - 6d -
Blinken says Gaza ceasefire may be ‘very close’
Speaking at a press conference in Paris, Secretary of State Antony Blinken said he hoped a deal could be finalized before the end of President Biden’s time in office.NBC News - 6d -
AI start-up Anthropic closes in on $60bn valuation
Maker of the Claude AI chatbot nears fresh $2bn investment in the latest sign of how much money is pouring into the sectorFinancial Times - Jan. 7 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
3 Ways to Stay Close to Customers, Even at Scale
Maintaining strong connections to customers is essential to business success. Here’s how to do it.Inc. - Jan. 6 -
The Rastafarians opening up Caribbean cannabis farms to build a flourishing medical industry
After a 2018 amnesty, the government of St Vincent and the Grenadines is now backing Rastafarian growers’ efforts to promote the benefits of marijuana. On Golba Hill on the Caribbean island of St ...The Guardian - Jan. 5 -
The Video Game Industry Is Finally Getting Serious About Player Safety
Harassment, hate, and other social harms feel like an online inevitability, but developers are finally addressing their impact in a meaningful way.Wired - Jan. 5 -
Bengals' Ja'Marr Chase closing in on triple crown
With a mildly productive game Saturday vs. Pittsburgh, Chase will become the fifth player to reach that milestone.ESPN - Jan. 4 -
Don’t compare your retirement investments to the S&P 500
Retirement is about maximizing reliable cash flow for lifeMarketWatch - Jan. 4 -
Spurs close in on £12.5m Czech goalkeeper Kinsky
Tottenham are set to add Slavia Prague goalkeeper Antonin Kinsky to Ange Postecoglou's squad amid an ongoing injury crisis.BBC News - Jan. 4 -
Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing
Electric vehicle sales are growing globally overall, despite Tesla's recent slump.Wired - Jan. 4 -
Empower skilled immigrants to revitalize America’s industrial heartland
The Heartland Visa Act of 2024, introduced by Sens. Young and Manchin, would allow visa hopefuls to bring their talents to the cities that need them most, providing a bipartisan solution to the ...The Hill - Jan. 3 -
Trump accused of attacking UK energy policies on behalf of fossil fuel industry
Campaigners say US president-elect’s call to ‘get rid of windmills’ is based on North Sea interests of oil and gas firms. Climate campaigners have accused Donald Trump of attacking Britain’s ...The Guardian - Jan. 3 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
Magic monkey tale inspires China’s gaming industry to seek blockbuster success
As Beijing eases regulations, developers are tooling up to produce big-budget titles with international appealFinancial Times - Jan. 3 -
Sweden's green industry hopes hit by Northvolt woes
Financial problems at battery maker Northvolt have shaken hopes for Sweden's green industry sector.BBC News - Jan. 3 -
Crypto Industry Anticipates Trump Executive Orders Day 1
Cryptocurrency could see a slew of policy positions when Trump takes office.Inc. - Jan. 2 -
Russian gas shutdown forces closure of almost all industry in Transnistria
Pro-Russia Moldovan region suffers major hit after Ukraine ends transit agreement, with only food producers functioning. The shutdown of Russian gas supplies to Moldova’s breakaway Transnistria ...The Guardian - Jan. 2 -
These restaurant chains closed locations in 2024
Wendy's, Applebee's and Red Lobster were among the chains that announced restaurant closures in 2024.CNBC - Jan. 2 -
Crypto industry dreams of a golden era under Trump
The sector expects lighter regulation and wider adoption under the president-elect, but some worry about systemic risksFinancial Times - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - Jan. 2 -
Industrial policy must be practical not performative
New structures and pronouncements mean little unless business takes them seriously — there is no appetite for talking shopsFinancial Times - Jan. 2 -
Fall in UK university science courses stokes fears for industrial strategy
Chemistry courses have dropped a quarter and biosciences by 15% in past 5 yearsFinancial Times - Jan. 2 -
Walgreens and Intel lead list of stocks in the S&P 500 that fell hardest in 2024
At the end of a second consecutive year during which the S&P 500 has risen more than 20%, two things investors need to remember are that time tends to smooth out performance and that the index is ...MarketWatch - Jan. 1