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GM raises investment in lithium mine to nearly $1bn
US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVsBusiness - Financial Times - October 16 -
Harris raises nearly $1bn to surge past Trump in election money race
Democratic candidate pulled in more cash in three months than Republican challenger has managed since January 2023World - Financial Times - October 21 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
Next profits poised to top £1bn for first time
UK retail bellwether raises outlook for third time in three months on the arrival of colder weatherWorld - Financial Times - October 30 -
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$1bn US battery plant plan shows race to reduce reliance on China
A new technology eschews graphite, nickel, manganese and cobalt, of which Beijing controls most of the world’s supplyWorld - Financial Times - October 15 -
Aware Super and Delancey to invest up to £1bn in London’s office sector
Australian pension fund partners with UK property group in bet on asset class hit by higher rates and remote workingBusiness - Financial Times - October 24 -
UK tax raid on private equity could raise £1bn, say researchers
Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changesBusiness - Financial Times - October 25 -
The $1bn World Series champion Dodgers have everything except complacency
Los Angeles have resources beyond the wildest dreams of most other MLB franchises. But they still had to scrap for their second title in five seasons. Hours after the last out of the 2024 Major ...World - The Guardian - October 31 -
Why major retailers are closing stores
Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...Top stories - CBS News - October 21 -
Retail sales post solid gain in September, showing a continued strong economy
Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.Business - MarketWatch - October 17 -
Halloween’s Mutation: From Humble Holiday to Retail Monstrosity
Americans once made their own costumes and candy. Now, the holiday has rapidly commercialized, transforming into an economic juggernaut.Business - The New York Times - October 19 -
Retailers Stock Supersize TVs Ahead of Holiday Season
In Q4, giant TV sales see a marked holiday boom.Business - Inc. - 5 days ago -
Retailers Turn to Weather Strategies as Climate Changes
Major chains now factor weather conditions into promotional strategies, inventory decisions, and advertising campaigns.Business - Inc. - 5 days ago -
Retailers Jump at the Chance to Invest in Fifth Avenue
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in.Top stories - The New York Times - 4 days ago -
‘Wicked’ takes over retail ahead of theatrical debut
“Barbie” painted the town pink in 2023, and now “Wicked” is upping the ante by adding a splash of green.Top stories - NBC News - 11 hours ago -
El Salvador gets $1bn US-backed loan from JPMorgan to refinance debt
Deal linked to promise of river conservation is latest example of increasingly popular ‘debt for nature swaps’World - Financial Times - October 17 -
Trump gets record donations from big oil but far less than $1bn he wanted
Republican ex-president has received $14.1m oil and gas industry making it his fourth-biggest source of cash. Donald Trump has raised more money from the oil and gas industry than at this stage ...World - The Guardian - October 18 -
Democrats pick apart Trump victory: ‘How do you spend $1bn and not win?’
Party operatives and strategists search for answers after Kamala Harris’s defeat and look for lessons to be learned. US election 2024 – latest updates US election results 2024: live map and ...World - The Guardian - 3 days ago -
‘It was a deflating experience’: the novelists who nearly gave up
With earnings having dropped by 60%, it is harder than ever to keep going as a writer – even if your work gets rave reviews. The 2022 publication of A Hunger , Ross Raisin’s fourth novel, was his ...World - The Guardian - October 14 -
King's Australia tour gives a real sense of him being back in business
Eight months after his cancer diagnosis was revealed, this royal tour is important for Charles - and the monarchy.Top stories - BBC News - October 17 -
Georgia’s Marquee Win Was Nearly Overshadowed by an Officiating Scandal
Texas students pelted the field with objects after a pass interference call on Saturday evening.Sports - The New York Times - October 21 -
Why mortgage rates are back up to nearly 7%
The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.Business - MarketWatch - October 24 -
Retailers Are Tossing Out Traditional Holiday Calendars. Here’s Why
Holiday shoppers have driven retailers to change their seasonal strategies.Business - Inc. - October 13 -
National Retail Federation predicts record 2024 holiday sales
Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail ...Politics - The Hill - October 15 -
Retailers Can Expect Another Record-Breaking Holiday Season
The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.Business - Inc. - October 15 -
Beyond to Make Physical Retail Comeback With Investment in The Container Store
Beyond is investing $40 million in The Container Store, providing the struggling retail chain a financial lifeline while returning some Bed Bath & Beyond products back to physical retail locations.Business - The Wall Street Journal - October 15 -
Amazon announces first Kindle ever with color screen, retailing for $279
The company is refreshing its entire e-reader lineup, launching four new Kindle devices.Business - CNBC - October 16 -
Amazon announces first Kindle ever with color screen, retailing for $279
Amazon on Wednesday announced a new Kindle e-reader, and for the first time ever it has a color display.Top stories - NBC News - October 16 -
30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy
U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...Business - MarketWatch - October 17 -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17 -
Iran foreign minister visits Egypt as leaders try to contain regional war
Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on GazaBusiness - Financial Times - October 17 -
Retail Sales Surpass Expectations, Sign of Solid US Economy
A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.Business - The New York Times - October 17 -
China reports better-than-expected retail sales and industrial production data
The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.Business - CNBC - October 18