Latest in Profit Falls Costs
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How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - 1d -
The Cost of Gold Rattles the Jewelry World
Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.The New York Times - 1d -
Honeywell announces a new collaboration with Bombardier. But it’ll weigh on this year’s profit.
Shares of Honeywell International Inc. fell in extended trading Monday after the conglomerate cut its outlook for the months ahead, citing the costs of investing in a new tech-focused collaboration ...MarketWatch - 1d -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - 1d -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - 1d -
Supermarkets 'putting profits above human rights', MP says after BBC investigation
Supermarkets that appear to be selling products linked to slave labour in China have been criticised following a BBC investigation.BBC News - 7h -
US trails developed democracies in healthcare costs for older adults
Report comparing 10 peer countries shows how holes in Medicare coverage lead to Americans skipping care. Older Americans spend more on healthcare than peers in 10 other developed democracies, a new ...The Guardian - 3h -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - 31m -
AWS now allows prompt caching with 90% cost reduction
AWS added Intelligent Prompt Routing and Prompt Caching to Bedrock in hopes of getting model usage prices down.VentureBeat - 1h -
Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - 1h -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - 2d -
Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’
A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...MarketWatch - 2d -
South Korean parliament votes to block martial law
Markets fall as lawmakers and the head of state wrestle for controlFinancial Times - 23h -
What makes the US truly exceptional
Are American pathologies the necessary price of economic dynamism?Financial Times - 1d -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - 1d -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - 1d -
US blasts countries that ‘stood in the way of progress to protect their profits’ over collapsed plastic talks
The White House criticized a group of oil-rich countries as well as corporations who make money from plastic production in a new statement after global talks for a treaty to reduce plastic waste ...The Hill - 1d -
Hotel lift death turns 'dream holiday into a nightmare'
Tyler Kerry's body was found partially clothed at the bottom of a lift shaft at a hotel in Turkey on FridayBBC News - 1d -
Kospi heavyweight stocks fall in volatile trade amid political chaos
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.CNBC - 17h -
Celtics eliminated from NBA Cup as Magic fall to Knicks
The Celtics were officially eliminated from the 2024 NBA Cup as a result of the Magic's loss to the Knicks on Tuesday night.Yahoo Sports - 15h -
Will mortgage rates fall below 6% in 2025? Here’s what experts say.
The incoming Trump administration’s policies could affect mortgage rates in 2025, real-estate economists say.MarketWatch - 8h -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - 2h -
The Citadel Bulldogs vs. Toccoa Falls Eagles: How to watch online, live stream info, start time, TV channel
How to watch The Citadel vs. Toccoa Falls basketball gameCBS Sports - 1d -
South Korean won falls sharply against the U.S. dollar after president declares martial law
South Korea's won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared martial law.CNBC - 1d -
Ranking Every N.F.L. Team From First to Worst as Kansas City Keeps Falling
Despite being 11-1, the defending Super Bowl champions have dropped out of the top five.The New York Times - 14h -
Korean stocks trim declines after president lifts martial-law order
U.S.-listed shares of South Korean stocks and ETFs tracking the country’s equities market trimmed declines Tuesday afternoon after the country’s president lifted a martial-law order.MarketWatch - 22h -
8-year-old boy dies after a statue falls on him at Arizona hotel
An 8-year-old boy has died after a statue fell on him outside the luxury Arizona Biltmore hotel, the Phoenix Police Department said.NBC News - 21h -
College enrollment falls 5% for 18-year-old freshmen; FAFSA failures to blame, experts say
Although more students now qualify for federal aid, problems with the new FAFSA caused some high schoolers to find alternatives to a four-year college degree.CNBC - 4h -
U.S. oil prices pare losses as crude supplies fall, investors await OPEC+ decision
U.S. oil futures pared much of their early Wednesday declines, finding support after government data revealed a weekly crude inventory drop of more than 5 million barrels.MarketWatch - 2h