Owner Akzonobel Cut
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The New York Times - Business
GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back
The company, a spinoff from General Electric, has been plagued by financial losses in its wind unit and, more recently, accidents involving the failure of turbine blades.4 days ago -
Financial Times - Business
Top Fed official would back more aggressive interest rate cuts if US data worsen
Influential governor Christopher Waller says inflation is falling more quickly than he expected4 days ago - Federal Reserve -
BBC News - Top stories
Construction giant collapse sees 2,200 jobs cut
The UK operations of the construction group ISG collapsed into administration on Friday.4 days ago -
CBS News - Top stories
37 women accuse late Harrods owner Mohamed Al Fayed of sexual assault
The late former owner of London's luxury department store Harrods has been accused of sexually assaulting dozens of women, including several Americans.4 days ago -
CNBC - Business
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 6% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.4 days ago -
CBS News - Top stories
Late Harrods owner Mohamed Al-Fayed accused of sexual assault
London's luxury department store Harrods has apologized after allegations emerged that its former owner, businessman Mohamed Al-Fayed, raped and sexually assaulted some ex-employees. More than 20 ...4 days ago -
NBC News - Top stories
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to ...4 days ago -
The Hill - Politics
The Fed finally cut interest rates — but let's not get too excited just yet
If you're running a small business, this cut in interest rates will have little impact.4 days ago - Federal Reserve -
MarketWatch - Business
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.4 days ago -
Financial Times - World
China’s electric carmakers warn of EU investment cuts over tariff threat
Statement comes as talks continue between Beijing’s commerce minister and European trade commissioner4 days ago - China -
ABC News - Top stories
Will the Fed cut interest rates again this year? Experts weigh in.
The Fed delivered a large interest rate cut this week. Will they do it again?4 days ago - Federal Reserve -
ESPN - Sports
Source: Ex-Bucks owner nearing NC Courage deal
Former Milwaukee Bucks owner Marc Lasry is close to a deal to buy a controlling stake in the National Women's Soccer League's North Carolina Courage, a source confirmed to ESPN.4 days ago -
Financial Times - Business
Why half of voters think Labour has done a poor job so far
Dodgy donations, infrastructure challenges and anticipation of October’s ‘painful’ Budget weigh on party’s approval ratings4 days ago -
MarketWatch - Business
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz shares fell 8% on Friday morning as the company cut its guidance for the second time since July4 days ago - China -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.4 days ago - China -
Financial Times - World
Coffee producers fear being cut off from EU by new land protection law
Drinks company JDE Peets pleads for year’s delay on ban on supplies from deforested areas over lack of guidelines4 days ago - European Union -
The Wall Street Journal - Business
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.5 days ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.5 days ago -
The Wall Street Journal - Business
Mercedes-Benz Cuts Full-Year Outlook
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, specifically in China.5 days ago -
The Wall Street Journal - Business
Politico Owner Axel SpringerStrikes Breakup Deal WithKKR
The German media company agreed with its largest shareholder to split its classifieds business from its media operations.5 days ago