Latest in Posts Drop Revenues
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Musk’s X to undershoot revenue goals from political advertising
Social media platform has raised a fraction of $100mn target and mainly from Trump and RepublicansWorld - Financial Times - 5 days ago -
How This Lender Helped a Founder-Led Company Grow Revenue by 10X
Dwight Funding provided crucial debt financing to Dagne Dover in times of crisis.Business - Inc. - 2 days ago -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - 2 days ago -
McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates
McDonald’s is encouraged by signs of progress in the third quarter.Business - MarketWatch - 2 days ago -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - 2 days ago -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - Yesterday -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - Yesterday -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - Yesterday -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - 15 minutes ago -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - 3 hours ago -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - 7 hours ago -
Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - 3 hours ago -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - 59 minutes ago -
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Post-Affirmative Action, Is Sustained Campus Diversity Suspicious?
There are perfectly legal explanations for why schools’ demographics might not change after the fall of affirmative action.Top stories - The New York Times - October 16 -
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 -
Tory politician's wife jailed for race hate post
Lucy Connolly, wife of West Northamptonshire councillor Raymond Connolly, is jailed for 31 months.Top stories - BBC News - October 17 -
Watchdog opens investigation into anti-immigrant posts on Facebook
Oversight Board says parent company Meta has ‘serious questions’ to answer over two posts allowed to remain online. Mark Zuckerberg’s Meta must answer “serious questions” about its handling of ...World - The Guardian - October 17 -
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.Business - The Wall Street Journal - October 17 -
Ministers explore handing Post Office to sub-postmasters
The proposal is in its early stages and is one of many under consideration, sources told the BBC.Top stories - BBC News - October 19 -
Ministers explore plan to hand Post Office to subpostmasters
Campaigner Alan Bates says mutualisation won’t work as organisation will continue to need government subsidies. Ministers want to turn the Post Office into a co-operative and have asked business ...World - The Guardian - October 19 -
Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Post Office scandal musical 'shows the heartache'
After a landmark TV drama, more wrongly accused sub-postmasters are shown in a new stage musical.Top stories - BBC News - October 22 -
Abortion Pills Are Safe. Post-Roe America Isn’t.
In many states, hospitals are delaying or denying standard reproductive care.Top stories - The New York Times - October 24 -
No More ‘Single Girl’ Posts for This Comedic Writer
Sara Runnels was known for her humorous stories and social media shares about the single life, but her dating status quickly changed after meeting Adam Zack.Lifestyle - The New York Times - 6 days ago -
NY Post endorses Trump after previous criticisms
The New York Post is endorsing former President Trump for president, arguing that his record in the White House matters more than his tendency to be "ridiculously hyperbolic." Writing that Trump ...Politics - The Hill - 6 days ago -
Washington Post Says It Won’t Endorse a Presidential Candidate
The decision was made by Jeff Bezos, the paper’s owner, according to a person with knowledge of the talks. Will Lewis, the chief executive, said the paper was “returning to our roots” of not making ...Business - The New York Times - 5 days ago
