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XPeng Halves Loss on Strong EV Sales, Record Margin
Known for its high-end software-driven smart EVs, XPeng has targeted the mid- to low-price segments lately, hoping to woo price-sensitive customers.Business - The Wall Street Journal - November 19 -
Nestle to Step Up Spending in Push to Boost Sales Growth
The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up spending to boost its top line and win market share in the face of a tough ...Business - The Wall Street Journal - November 19 -
Why Is There So Much Off-Brand Oral Ozempic for Sale Online?
GLP-1 drugs like Ozempic are injectable medications—but a strange new market has emerged selling oral “compounded” versions online, despite a lack of evidence that they work.Tech - Wired - November 20 -
Ford to cut 800 UK jobs as electric car sales stall
The move is part of a wider restructuring programme, which will see 4,000 posts closed across Europe.Top stories - BBC News - November 20 -
Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.Business - The New York Times - November 20 -
How Hearing and Meeting Customer Expectations Boosted Walmart’s Sales
The giant retailer posted huge in-store and online sales gains through product and price diversification and cheaper, faster delivery, offering smaller stores an idea how to bolster their business, ...Business - Inc. - November 20 -
Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.Business - The New York Times - November 20 -
Unilever shelves planned sale of its ice cream business to private equity
Chief executive Hein Schumacher wants to separate division as part of turnaround planBusiness - Financial Times - November 20 -
Nvidia's Sales Soar as AI Spending Boom Barrels Ahead
The AI chip giant gave a strong outlook, pointing to healthy demand for next-generation chips.Business - The Wall Street Journal - November 20 -
US Senate rejects Bernie Sanders effort to block arms sales to Israel
Moves to advance three resolutions, which would have halted recent sale of $20bn in US weapons to Israel, all failed. The US Senate has blocked legislation that would have halted the sale of some ...World - The Guardian - November 21 -
Braves' Sale, Tigers' Skubal win Cy Young Awards
The Tigers' Tarik Skubal was the unanimous choice to win the Cy Young Award in the American League, while Braves pitcher Chris Sale won in the National League.Sports - ESPN - November 21
