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American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
JetBlue cuts more unprofitable routes, tweaks Europe flights
JetBlue is in the middle of a new plan to return to consistent profitability and cut costs.CNBC - Dec. 4 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Russian General Calls U.S. Chairman of Joint Chiefs
In a highly unusual call, the two men “discussed a number of global and regional security issues, to include the ongoing conflict in Ukraine,” a spokesman said.The New York Times - Dec. 4 -
A list of mispronounced words provides a retrospective of 2024, from Kamala to Chappell
Vice President Kamala Harris and breakout pop star Chappell Roan were among the most talked-about people this yearABC News - Dec. 4 -
With Assad Challenged, a Push to Cut Syria’s Ties to Iran Grows More Unlikely
Even as Israel bombarded Syria, officials say the U.S. and Gulf countries were working to weaken its president’s alliance with Tehran. Rebels’ shock advance has dampened those hopes.The New York Times - Dec. 4 -
Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
Slurpee and an IPO, please: 7-Eleven parent Seven & I may list North American business, report says
Japan’s Seven & I Holdings Co., fending off a takeover bid, may list its North American 7-Eleven convenience stores in an initial public offering as part of a management-led takeover bid, according ...MarketWatch - Dec. 4 -
Amazon Never Suggested Cutting Secret Level's Concord Episode
Sony's ill-fated multiplayer shooter Concord is the focus of an episode of Prime Video's video game anthology series Secret Level, and, because the game itself has been shuttered, it could be one ...GameSpot - Dec. 4 -
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Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Rio Tinto investor urges mining giant to drop primary London listing
Hedge fund with £197m stake leads push to prioritise Sydney exchange as FTSE 100 firm outlines ambitious copper production targets. An activist investor in Rio Tinto has demanded the miner scrap ...The Guardian - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Alleged North Korea operative uncovered in the U.S.
The Department of Justice has charged a Chinese national for working as a North Korean operative to ship guns and ammunition from the U.S. for a potential attack against South Korea. CBS News' Rob ...CBS News - Dec. 3 -
U.S. looks to end subminimum wage for workers with disabilities
A Biden administration proposal would phase out a program that lets employers pay some workers less than $7.25 an hour.CBS News - Dec. 3 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Forbes employees walk out on ‘30 Under 30’ list release day to protest salaries
Staff, walking out on day with big impact on operations as outlet releases trademark lists, says firm ‘dragging its feet’. The Forbes editorial staff, represented by the Forbes Union, organized a ...The Guardian - Dec. 3 -
Intel CEO’s Departure Latest in List of Top Jobs Vacated in 2024
Leadership changes at large publicly traded companies from Boeing to Starbucks were a feature of the corporate landscape in a tumultuous year.Inc. - Dec. 3 -
'Childless Cat Lady' Taylor Swift tops Yale list of 2024's most notable quotations
Pop superstar Taylor Swift tops a list of 2024's most notable quotations compiled by Yale University, with her declaration that she's a “childless cat lady" while endorsing Kamala Harris for presidentABC News - Dec. 3 -
WWE schedule, list of PPVs for 2024: Saturday Night's Main Event date, location, start time, where to watch
Check out a complete list of WWE pay-per-views and special events scheduled for 2024CBS Sports - Dec. 3 -
Biden delivers remarks on the relationship between Angola and the U.S.
Watch live coverage as President Biden delivers remarks to honor the past and future of the relationship between the United States and Angola during his trip to Africa.NBC News - Dec. 3 -
Seven months to go - Farrell's Lions to-do list
Andy Farrell has switched from coaching Ireland to leading the British and Irish Lions - what are his priorities in his first days in the job?BBC News - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chipsABC News - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
UK regulator opens door to Shein London listing
Financial Conduct Authority values disclosure over ‘corporate behaviour’, says Nikhil RathiFinancial Times - Dec. 3 -
Jim Cramer lists 10 stocks likely to perform well in December
CNBC's Jim Cramer listed ten stocks he thinks will do well in December.CNBC - Dec. 2 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
UConn leads list of men's college basketball's biggest disappointments so far this season
Dan Hurley thought his team was underrated coming into the season. But so far, the Huskies have only proven preseason rankings may have overvalued UConn.Yahoo Sports - Dec. 2 -
Snowball Derby at Five Flags Speedway: Entry list, live stream, more for prestigious short track event in 2024
When every short track season begins in the United States, the one event most competitors prioritize takes place at the end of the year: the prestigious Snowball Derby at Five Flags Speedway in ...Yahoo Sports - Dec. 2