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FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - October 29 -
For Sale: A Painting the Monuments Men Rescued From the Nazis
The portrait by a French court painter is one of three displayed in a photo that came to depict the efforts of a U.S. Army unit that tracked legions of looted art.Top stories - The New York Times - October 28 -
McDonald’s suffers second straight decline in quarterly sales
US fast-food chain hit by weakness in international markets as it promotes more discount mealsBusiness - Financial Times - October 29 -
McDonald’s Seeks to Resolve E. Coli Crisis and Return Focus to Value
The fast-food giant’s earnings results did not reflect the potential fallout from an E. coli outbreak that the company said it moved quickly to contain.Business - The New York Times - 5 days ago -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - 6 days ago -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - 6 days ago -
BYD quarterly sales beat Tesla for first time
Warren Buffett-backed Chinese carmaker’s revenues surge 24 per cent but fierce competition slims marginsBusiness - Financial Times - 6 days ago -
The Coolest Batman Lego Sets On Sale Right Now
While many superheroes have gotten the Lego treatment, few have been featured in as many sets as Batman. From large-scale scenes featuring a bunch of minifigures to highly detailed models, there ...Tech - GameSpot - 6 days ago -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - 6 days ago -
EU to pursue Temu for alleged sale of illegal products
Consumer groups have raised concerns about toxic goods sold on platformWorld - Financial Times - 6 days ago -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - 5 days ago -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - 5 days ago -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - 5 days ago -
Sick man of Europe? Germany’s bosses sound alarm on staff illness
Studies claim that fewer sick days would have stopped the country’s economy shrinking last yearBusiness - Financial Times - 5 days ago -
Ruth Chepngetich of Kenya smashes world record by nearly 2 minutes at Chicago Marathon
Ruth Chepngetich of Kenya won the Chicago Marathon in 2:09:56 to break the world record by nearly two minutesSports - ABC News - October 13 -
‘Game of Thrones’ dragon-forged Iron Throne fetches nearly $1.5 million at auction
Fans and collectors came out in droves to bid on hundreds of costumes, props and items from the hit television series “Game of Thrones.”Entertainment - ABC News - October 13 -
Billionaire founder of Raising Cane's Chicken Fingers: One 'stupid' strategy nearly cost me my business
"My dream almost just went away," recalls Raising Cane's Chicken Fingers founder Todd Graves, after he made this financial mistake while getting started.Business - CNBC - October 12 -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
Trump Media shares fall nearly 10% after DJT plunge triggers trading halt
Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.Business - CNBC - October 15 -
Nearly 10 million pounds of ready-to-eat chicken products recalled over listeria risk
A recall of nearly 10 million pounds of ready-to-eat meat and chicken products affects items sold at stores including Trader Joe’s, Wegmans, 7-Eleven and Kroger.Top stories - NBC News - October 15 -
Elon Musk has given nearly $75 million to his pro-Trump super PAC
Elon Musk has given nearly $75 million to America PAC, the super PAC that he created to support Donald Trump, according to a campaign finance filing.Top stories - NBC News - October 16 -
Kamala Harris back in Pennsylvania, Musk gives nearly $75 million to Trump PAC
Kamala Harris on Wednesday is making her 11th trip to Pennsylvania since entering the race for president after making a pitch to Black male voters Tuesday on "The Breakfast Club" radio show. ...Top stories - CBS News - October 16 -
Nearly 100 remain missing in North Carolina weeks after Helene: "It's hard to truly grieve"
Jessica Meidinger's mother is one of the nearly 100 people who remain missing in North Carolina from Hurricane Helene. She said floodwaters swamped her mother's home in North Carolina and the now ...Top stories - CBS News - October 16 -
Dozens still missing in North Carolina nearly 3 weeks after Helene, officials say
Search crews are still digging through layers of mud and debris nearly three weeks after Hurricane Helene struck the southeast. Officials say dozens of people are still missing in the wake of the ...Top stories - CBS News - October 16 -
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...Business - MarketWatch - October 16 -
Listeria recall expands to nearly 12 million pounds of meat, hits US schools
BrucePac has recalled additional products and production dates.Top stories - ABC News - October 16 -
Bulls' Lonzo Ball makes NBA return after missing nearly 3 years: 'It was a moment I'll never forget'
Ball looked like he hadn't missed a day after nearly three years away from the game due to a knee injurySports - CBS Sports - October 17 -
Nearly 2 in 5 cardholders have maxed out a credit card or come close, report finds
Higher prices and higher interest rates have caused many Americans to use more of their available credit. Gen X is particularly stretched.Business - CNBC - October 17 -
New Xbox Shooter Blindfire Takes Place Nearly Entirely In The Dark, Playable Today
A new round-based multiplayer FPS, Blindfire, was announced during Xbox's most recent Partner Preview , and though multiplayer shooters are a dime a dozen, this one comes with a unique twist that ...Tech - GameSpot - October 17 -
How one Minnesota college got nearly 90% voter turnout — and is pushing for more
St. Olaf College in Minnesota boasted an 87.6% voter turnout rate in 2020, taking home the top prize in the All In Campus Democracy Challenge. It's trying to beat its own record in 2024.Politics - NBC News - October 17 -
Nearly 9 million have cast ballots as early voting starts across the US
More than half of the country offers voters a chance to cast their ballot before Election Day on Nov. 5, but each state decides when to start.Top stories - ABC News - October 17 -
Video shows rescue of teen kayaker who was lost at sea nearly 12 hours
Newly released video from the U.S. Coast Guard shows the rescue of 17-year-old Kahiau Kawai, a kayaker who spent nearly 12 hours lost amid stormy seas. A volunteer lifeguard was key to his safe ...Top stories - CBS News - October 18 -
A failed mic leaves Donald Trump pacing the stage in silence for nearly 20 minutes
Donald Trump paced his rally stage in silence for nearly 20 minutes Friday night in Detroit after his microphone cut outTech - ABC News - October 18 -
U.S. crude oil rebounds nearly 2% after selling off last week
Traders increasingly believe Israel-Iran tensions will not lead to an oil supply disruption in the Middle East.Business - CNBC - October 21