Latest in Plunged Political Turmoil
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Japan plunged into political turmoil after voters punish ruling LDP
Coalition led by Prime Minister Shigeru Ishiba’s Liberal Democratic party loses parliamentary majorityBusiness - Financial Times - October 28 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
Political turmoil rocks the Netherlands after Amsterdam violence
Ruling coalition in crisis amid claims of racist remarks and speculation government may collapse . The violence that erupted on Amsterdam’s streets last week has triggered a political crisis in ...World - The Guardian - November 15 -
‘Adults buying kids' toys to escape global turmoil’
Retailers are increasingly targeting the "kidult" market as family finances are squeezed.Top stories - BBC News - November 13 -
Sources: Dash technical director out amid turmoil
Pablo Piñones-Arce is out as technical director of the Houston Dash less then a year after taking the role, multiple sources confirmed to ESPN.Sports - ESPN - November 14 -
Target Shares Tumble on Earnings Miss
The stock fell 21% after the retailer posted disappointing quarterly results and lowered its guidance for the full year.Business - The Wall Street Journal - 3 days ago -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
Japan’s PM vows to stay on after election debacle
Shigeru Ishiba has presided over a result that threatens to plunge country’s politics into paralysisBusiness - Financial Times - October 28 -
Wise chief executive fined £350,000 over ‘tax issues’
UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his jobBusiness - Financial Times - October 28 -
From intern to CEO: does it pay to be a company lifer?
Executives who spend their career at one place can boost morale and loyalty but risk stifling innovationBusiness - Financial Times - October 28 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - October 31 -
Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge
A ballot measure to legalize recreational pot failed to reach the required 60 percent threshold for passage, and publicly listed companies’ shares dropped after a major market was closed to them.Business - Inc. - November 6 -
Gold's price is plunging. Is this the right time to buy in?
Gold's price has dropped to a three-week low, which could present a good opportunity for investors. Here's why.Top stories - CBS News - November 6 -
Vistry shares plunge as cost overruns hit profits
UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costsBusiness - Financial Times - November 8 -
Take the plunge: where to soak, steam and sauna in NYC
The bathhouse is back, from old-school hang-outs to sleek new spasWorld - Financial Times - November 14 -
Archer Daniels Midland Profit Plunges, Revenue Falls
Archer Daniels Midland said profit plunged in the third quarter, shortly after saying it would restate its 2023 filing with the Securities Exchange Commission, along with the first and second ...Business - The Wall Street Journal - 5 days ago -
US towns plunge into debates about fluoride in water
Fights are cropping up nationwide over fluoride in drinking waterHealth - ABC News - 2 days ago -
Asia braces for steep China tariffs in second Trump term
Former president has outlined plans to revive trade war with Beijing and questioned backing for TaiwanWorld - Financial Times - November 6 -
Haiti replaces prime minister, marking more turmoil in its democratic transition
Haiti replaces prime minister, marking more turmoil in its democratic transitionWorld - ABC News - November 10 -
Haiti replaces prime minister, marking turmoil in transition process
A transitionary council created to reestablish democratic order in Haiti has signed a degree firing the country's interim Prime Minister Garry Conille, replacing him with Alix Didier Fils-Aimé, a ...Top stories - CBS News - November 10 -
Ishiba survived a rare runoff to remain Japan's prime minister but will face turmoil
Japanese Prime Minister Shigeru Ishiba has survived a runoff vote against the opposition but will face turmoil ahead amid anger over the ruling party’s financial scandalsWorld - ABC News - November 12 -
After a Season Marked by Turmoil, a Women’s Tennis Star Breaks Through
Iga Swiatek split with her coach and lost her No. 1 ranking. Now, she’s on the rise again.Sports - The New York Times - 5 days ago -
Chapel Down shares plunge after winemaker pulls back on sale plans
England’s largest producer says it will remain independent and also downgrades sales guidanceWorld - Financial Times - October 25 -
China's industrial profits plunge at fastest pace since the pandemic
The country's industrial profits declined 27.1% year-on-year in September.Business - CNBC - October 28 -
Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.Business - CNBC - October 30 -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - October 30 -
What the Budget means for your money
Key measures on tax, investments, pensions and propertyBusiness - Financial Times - October 30 -
The Budget in brief: what you need to know
A quick guide to the UK chancellor’s main policy announcements and official economic forecastsBusiness - Financial Times - October 30 -
Super Micro Computer shares drop by one-third after EY resigns as auditor
Server maker said in August it would delay the release of its fiscal year 2024 resultsBusiness - Financial Times - October 30 -
Super Micro Computer's shares plunge 33% after server maker's accounting firm quits
Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firmTech - ABC News - October 30 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - October 31 -
Trump's wealth slumps by $1.9 billion amid DJT stock plunge
Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.Top stories - CBS News - October 31 -
Super Micro's 45% plunge this week wipes out stock's gains for the year
Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.Business - CNBC - November 1