Profit Miss Slashes - QuikReader

Nintendo posts profit miss as it slashes Switch forecast again ahead of console's successor

Nintendo investors and fans are awaiting more details on the Switch 2, the successor to the company's near eight-year-old Switch console.

CNBC - 6h

Goldman slashes investment minimum for new alumni fund

1869 scheme will invest in Wall Street bank’s private market vehicles

Financial Times - 9h

Spotify swings to a profit as subscribers top estimates

The streaming service reported a double-digit rise in monthly active users.

MarketWatch - 2h

Gwyneth Paltrow finally sells her L.A. mansion after slashing the price by $8 million

The actress turned wellness guru sold the elegant Brentwood estate for $22 million.

MarketWatch - 4h

Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture ...

ABC News - 3d

UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half

UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

CNBC - 4d

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by ...

NBC News - 4d

Oil giant Shell raises dividend despite full-year profit miss

British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.

CNBC - 4d

Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy

The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.

CNBC - 6d

D.E.I. Will Not Be Missed

The Pentagon’s experience shows why.

The New York Times - 6d

How to Invest During a Presidency With a Deep Devotion to Profits

Big business has an inside track in the second Trump presidency, and people with a stake in those businesses have reason to rejoice, our columnist writes.

The New York Times - Jan. 24

Hugging Face shrinks AI vision models to phone-friendly size, slashing computing costs

Hugging Face's new SmolVLM models run on smartphones, outperform larger systems and slash computing costs by 300X.

VentureBeat - Jan. 23

Trump urges oil-exporting nations to slash prices

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

BBC News - Jan. 23

LNG exporter Venture Global slashes IPO price range despite President Trump’s pro-energy push

Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.

MarketWatch - Jan. 23

Devils Goaltender To Miss Time With Injury

New Jersey Devils goaltender Jacob Markstrom left the game early in the second period.

Yahoo Sports - Jan. 23

Apple is accused of profiting from 'blood minerals'

The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities.

Financial Times - Jan. 21

Trump’s RTO Plans Could Slash Federal Employee Head Count

The threat of DOGE-led job cuts may get further backing as the president vows to require government staffers to work in person five days a week.

Inc. - Jan. 20

What if No One Misses TikTok?

TikTok’s cultural footprint in America is huge. Why is its disappearance being met with a shrug?

The New York Times - Jan. 19

Citigroup Slashes Jobs as Cost-Cutting Continues

Targets include senior managers in the banking giant’s wealth, technology and data analysis units.

Inc. - Jan. 17

BP gave a bleak outlook. Now it’s reportedly slashing jobs.

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

MarketWatch - Jan. 16

Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.

CNBC - Jan. 15

JPMorgan Chase posts record profit as the bank's massive scale pays off

JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.

NBC News - Jan. 15

How Nissan's profits dropped 90% in one year

Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.

CNBC - Jan. 15

Inside Elon Musk’s Plan for DOGE to Slash Government Costs

Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.

The New York Times - Jan. 13

New rule could slash nicotine levels in tobacco products

The Biden administration is poised to try to lower the amount of nicotine in tobacco products, an eleventh-hour effort that’s been years in the making. The move would give the White House one ...

The Hill - Jan. 13