Latest in Profits Plunge Fastest
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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 -
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 -
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 -
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 -
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 - 4 days ago -
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 -
Ryanair profits plunge amid lower fares and Boeing delays
Problems with delivery of 737 aircraft left airline ‘over-crewed and over-costed’, says CEO Michael O’Leary. Business live – latest updates Ryanair’s profits have dropped by nearly a fifth, as ...World - The Guardian - November 4 -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Hamilton fastest as Verstappen struggles in Vegas
Mercedes driver Lewis Hamilton heads both Friday practice sessions at the Las Vegas Grand Prix.Top stories - BBC News - Yesterday -
Russell crashes heavily in Mexican Grand Prix practice
Mercedes’ George Russell sets the pace in a first practice session at the Mexico City Grand Prix punctuated by a heavy crash for Williams’ Alex Albon.Top stories - BBC News - October 26 -
McDavid fourth fastest in NHL to reach 1K points
Connor McDavid became the fourth-fastest NHL player to reach 1,000 points, scoring early in the second period during the Edmonton Oilers' game against the Nashville Predators on Thursday night.Sports - ESPN - November 15 -
Kane tops Haaland, fastest to 50 Bundesliga goals
Harry Kane became the fastest player to reach 50 Bundesliga goals, eclipsing previous record-holder Erling Haaland, with a hat trick in Bayern Munich's 3-0 win over Augsburg on Friday.Sports - ESPN - 1 hour ago -
New Ryzen 7 9800X3D Is The Fastest Gaming CPU Out There, Says AMD
Just a week after the launch of Intel's latest generation of desktop CPUs, AMD has fired back with the announcement of the first 3D V-Cache-equipped chip in the company's 9000-series CPUs, with the ...Tech - GameSpot - October 31 -
China's exports grew 12.7% in October, fastest pace in more than 2 years
China has reported its exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two yearsWorld - ABC News - November 7 -
LIST: These are the fastest-growing cities in the US, 2024 report finds
Did your city make the list?Politics - The Hill - November 7 -
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 -
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 - 2 days ago -
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 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 -
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 -
US towns plunge into debates about fluoride in water
Fights are cropping up nationwide over fluoride in drinking waterHealth - ABC News - Yesterday -
Lions' Gibbs races 70 yards for TD, Montgomery throws TD to LaPorta
The Detroit running back hit 22.03 mph on the run.Sports - ESPN - October 27 -
Main engine of U.S. economy posts fastest growth in more than two years, ISM finds
Service-oriented companies such as retailers and restaurants grew in October at the fastest pace in more than two years, a survey found, and offered further evidence of strong momentum in the U.S. ...Business - MarketWatch - November 5 -
Connor McDavid scores to become the 4th-fastest NHL player to reach 1,000 points
Connor McDavid became the fourth-fastest NHL player to reach 1,000 points, scoring early in the second period in the Edmonton Oilers’ 3-2 overtime victory over Nashville on Thursday nightSports - ABC News - November 15 -
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 -
Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist
The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...Business - The Wall Street Journal - October 25 -
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 -
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