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Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.Business - CNBC - November 19 -
Walmart sales beat again and outlook raised, as retailer cites ‘resilient’ US customers
Walmart’s stock headed for a record after another earnings beat, as general merchandise sales turned positive.Business - MarketWatch - November 19 -
Rheinmetall Targets $21.2 Billion in Sales by 2027 as Western Defense Budgets Rise
The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets.Business - The Wall Street Journal - November 19 -
XPeng Halves Loss on Strong EV Sales, Record Margin
Known for its high-end software-driven smart EVs, XPeng has targeted the mid- to low-price segments lately, hoping to woo price-sensitive customers.Business - The Wall Street Journal - November 19 -
Nestle to Step Up Spending in Push to Boost Sales Growth
The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up spending to boost its top line and win market share in the face of a tough ...Business - The Wall Street Journal - November 19 -
Why Is There So Much Off-Brand Oral Ozempic for Sale Online?
GLP-1 drugs like Ozempic are injectable medications—but a strange new market has emerged selling oral “compounded” versions online, despite a lack of evidence that they work.Tech - Wired - November 20 -
Ford to cut 800 UK jobs as electric car sales stall
The move is part of a wider restructuring programme, which will see 4,000 posts closed across Europe.Top stories - BBC News - November 20 -
Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.Business - The New York Times - November 20 -
How Hearing and Meeting Customer Expectations Boosted Walmart’s Sales
The giant retailer posted huge in-store and online sales gains through product and price diversification and cheaper, faster delivery, offering smaller stores an idea how to bolster their business, ...Business - Inc. - November 20 -
Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.Business - The New York Times - November 20 -
Unilever shelves planned sale of its ice cream business to private equity
Chief executive Hein Schumacher wants to separate division as part of turnaround planBusiness - Financial Times - November 20 -
Nvidia's Sales Soar as AI Spending Boom Barrels Ahead
The AI chip giant gave a strong outlook, pointing to healthy demand for next-generation chips.Business - The Wall Street Journal - November 20 -
US Senate rejects Bernie Sanders effort to block arms sales to Israel
Moves to advance three resolutions, which would have halted recent sale of $20bn in US weapons to Israel, all failed. The US Senate has blocked legislation that would have halted the sale of some ...World - The Guardian - November 21 -
Braves' Sale, Tigers' Skubal win Cy Young Awards
The Tigers' Tarik Skubal was the unanimous choice to win the Cy Young Award in the American League, while Braves pitcher Chris Sale won in the National League.Sports - ESPN - November 21 -
UK cuts fines for boilermakers in climbdown on heat pump sales
Shift comes after intense lobbying from industry over incoming penalties tied to net zero targetsWorld - Financial Times - November 21 -
Senate rejects Sanders-backed proposals to block arms sales to Israel
The Senate voted overwhelmingly Wednesday to reject three resolutions sponsored by Sen. Bernie Sanders (I-Vt.) to block the sale of certain offensive weapons to Israel in protest of its ongoing ...Politics - The Hill - November 21 -
Canada's Liberal Government Agrees to Exempt Sales Tax on Some Goods, Services
Canada’s minority Liberal government is expected to deliver financial breaks for households aimed at helping cash-strapped consumers and rekindling activity.World - The Wall Street Journal - November 20 -
Bernie Sanders' push to limit weapons sales to Israel blocked by the Senate
The Senate overwhelmingly rejected three efforts led by progressive Sen. Bernie Sanders that would have blocked certain offensive weapons sales to Israel.Politics - NBC News - November 21 -
Existing-home sales rise in October but are expected to remain sluggish for the time being
Existing-home sales rose to a rate of 3.96 million in October, the National Association of Realtors said.Business - MarketWatch - November 21 -
Home sales surged in October, just before mortgage rates jumped
Sales were 2.9% higher than October of last year, marking the first annual increase in over three years.Business - CNBC - November 21 -
Alphabet’s stock slides as Feds push for Chrome sale. Why fears are overblown.
The Google parent’s stock is heading for its worst day in 10 months. But one analyst thinks a forced Chrome sale seems unlikely.Business - MarketWatch - November 21 -
Home sales surged in October, just before mortgage rates jumped
A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer.Top stories - NBC News - November 21
