Retailer Cuts - QuikReader

Rahm misses cut, McIlroy struggles in Dubai

Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.

ESPN - Jan. 17

What Did Trump’s Tax Cuts Do?

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

The New York Times - Jan. 17

British retail sales unexpectedly drop in December

Pound falls and gilts rally as investors bet on more interest rate cuts

Financial Times - Jan. 17

Retail investors flock to gilts in first two weeks of 2025

Platforms report surge in sales to take advantage of CGT exemption

Financial Times - Jan. 16

Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

CNBC - Jan. 16

Trading platform Dub will pay some retail investors to share portfolios through TikTok-like 'creator program'

Accepted retail investors will earn royalties and can have other users copy their model portfolio.

CNBC - Jan. 16

Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.

Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.

MarketWatch - Jan. 16

BP axes 4,700 jobs in cost-cutting drive

UK energy major under pressure from shareholders to turn around its performance

Financial Times - Jan. 16

BP to cut 4,700 jobs to reduce costs

The job losses at the oil giant will affect more than 5% of its global workforce.

BBC News - Jan. 16

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

Missile Attack Prompts Emergency Power Cuts in Ukraine

President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.

The New York Times - Jan. 15

Lloyds to cut 500 jobs and close two offices

UK bank to review more than 1,500 jobs across multiple departments

Financial Times - Jan. 15

Malaysia Retailer Eco-Shop to Tap Investors Ahead of IPO

The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the ...

The Wall Street Journal - Jan. 15

Retailers post early holiday results — and Wall Street isn’t impressed

Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.

CNBC - Jan. 13

Macy’s stock slides as retailer warns Q4 sales could be weaker than expected

Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.

MarketWatch - Jan. 13

Google Joins the AI Shopping Revolution With Agent Tools for Retailers

The next stage of AI development, which lets the technology act with more autonomy and performs some customer service actions, is being applied to an industry that must constantly embrace change.

Inc. - Jan. 13

Cutting aeroplane contrails is an easy climate win

Tackling these emissions should be simple, fast and cost-effective

Financial Times - Jan. 13

U.S. Companies Cut Diversity Efforts as Challenges Mount

At least six major U.S. companies modified their DEI policies last year.

Inc. - Jan. 10

Trump's tax-cut obstacle course

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...

The Hill - Jan. 10

Meta cutting DEI team, programs in broad shift

Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...

The Hill - Jan. 10

Memories of rosy Christmas fade as UK retailers brace for tough 2025

Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation rise

Financial Times - Jan. 10

Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail

Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.

CNBC - Jan. 10

We're buying more of this retail stock that's showing positive sales momentum

The company is having a nice fourth quarter, according to a note published by Truist on Friday.

CNBC - Jan. 10

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - Jan. 10

Cutting out alcohol for "Dry January"

Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.

CBS News - Jan. 9

Amazon aims to expand advertising business by letting retailers use its ad tools on their stores

Amazon Retail Ad Service will allow sites to show "contextually relevant ads in the right place and at the right time" in search results, the company said.

CNBC - Jan. 9

Microsoft confirms performance-based job cuts across departments

Microsoft said it's cutting a small percentage of jobs across departments, based on performance.

CNBC - Jan. 9

Eggs over potato chips: Brits are getting healthier but not happier, top retailers say

Brits are getting healthier but not happier, according to updates from three of the company’s biggest food outlets.

MarketWatch - Jan. 9

U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged

After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.

The New York Times - Jan. 9

Wall Street’s riskiest stocks are melting down as retail traders face ‘day of reckoning’

Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.

MarketWatch - Jan. 9

Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.

President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.

The New York Times - Jan. 9

Fed officials saw need for ‘careful approach’ to future rate cuts

Minutes from December meeting show policymakers are concerned about US inflation risks

Financial Times - Jan. 8

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.

Inc. - Jan. 8

Tips for cutting down winter heating costs and electricity bills

From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...

NBC News - Jan. 8

Egypt unveils ancient rock-cut tombs and burial shafts in Luxor

Egypt has unveiled several discoveries near the famed city of Luxor including ancient rock-cut tombs and burial shafts dating back 3,600 years

ABC News - Jan. 8

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