Profit Plunges Cuts - QuikReader

ASML share plunge wipes over $50 billion off Dutch chip giant's value

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

Business - CNBC - October 16

Novavax says FDA put hold on combination Covid-flu shot and influenza vaccine; shares plunge

The so-called clinical hold is due to a single report of nerve damage in a patient who received the combination shot in a phase two trial.

Business - CNBC - October 16

CVS Health CEO Karen Lynch steps down after 19% stock plunge

CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.

Liam Payne's father arrives in Buenos Aires days after the pop star's fatal hotel plunge

The father of former One Direction star Liam Payne has arrived in Buenos Aires to arrange for the return of his son’s body to England days after the famous boy band singer fell to his death from a ...

Entertainment - ABC News - October 18

McDonald’s stock drops as Quarter Pounders linked to E. coli outbreak, CDC says

An outbreak of E. coli linked to McDonald’s Corp. Quarter Pounder burgers has killed one person and hospitalized 10 people in 10 states.

Business - MarketWatch - October 23

Kentucky state senator dies weeks after plunging into an empty swimming pool on a mower

Kentucky state Sen. Johnnie Turner has died after being injured at home last month when he plunged into an empty swimming pool while aboard a lawn mower. He was 76.

Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.

Business - CNBC - October 24

Jim Cramer says buy Stanley Black & Decker's post-earnings plunge 'aggressively'

Shares of the Club stock tumbled Tuesday after the DeWalt owner reported earnings.

Business - CNBC - 6 days ago

Super Micro shares plunge 33% as auditor resigns after raising concerns months earlier

Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny before.

Business - CNBC - 5 days ago

General Motors’ stock jumps after big profit beat, progress on EV profits

GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.

Business - MarketWatch - October 22

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

BBC to cut 155 roles from news operation

Broadcaster hopes move will save £24mn from budget, according to internal memo sent to staff

Business - Financial Times - October 15

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

McKinsey Cuts Hundreds From China Workforce

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Business - The Wall Street Journal - October 17

Ministers complain to Starmer over spending cuts

Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.

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