Latest in Sale Fallout
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FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - October 29 -
For Sale: A Painting the Monuments Men Rescued From the Nazis
The portrait by a French court painter is one of three displayed in a photo that came to depict the efforts of a U.S. Army unit that tracked legions of looted art.Top stories - The New York Times - October 28 -
McDonald’s suffers second straight decline in quarterly sales
US fast-food chain hit by weakness in international markets as it promotes more discount mealsBusiness - Financial Times - October 29 -
McDonald’s Seeks to Resolve E. Coli Crisis and Return Focus to Value
The fast-food giant’s earnings results did not reflect the potential fallout from an E. coli outbreak that the company said it moved quickly to contain.Business - The New York Times - October 31 -
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 -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - October 30 -
BYD quarterly sales beat Tesla for first time
Warren Buffett-backed Chinese carmaker’s revenues surge 24 per cent but fierce competition slims marginsBusiness - Financial Times - October 30 -
The Coolest Batman Lego Sets On Sale Right Now
While many superheroes have gotten the Lego treatment, few have been featured in as many sets as Batman. From large-scale scenes featuring a bunch of minifigures to highly detailed models, there ...Tech - GameSpot - October 30 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
EU to pursue Temu for alleged sale of illegal products
Consumer groups have raised concerns about toxic goods sold on platformWorld - Financial Times - October 30 -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - October 31 -
Sick man of Europe? Germany’s bosses sound alarm on staff illness
Studies claim that fewer sick days would have stopped the country’s economy shrinking last yearBusiness - Financial Times - November 1 -
Novo Nordisk's Wegovy Sales Beat Expectations
The pharmaceutical giant’s blockbuster weight-loss drug beat sales expectations in the third quarter, sending shares higher in early trade.Business - The Wall Street Journal - November 6 -
Henkel Backs Guidance After Sales Rise
The German chemical and consumer-goods company, which owns brands including Persil and Schwarzkopf, reported higher sales and backed expectations for the year.Business - The Wall Street Journal - November 6 -
Pandora Narrows Sales View as Revenue Rises
The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.Business - The Wall Street Journal - November 6 -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
Nissan to lay off thousands of workers as sales drop
The Japanese car making giant has not yet said where in its global operations the job cuts will be made.Top stories - BBC News - November 8 -
Richemont Sales Fall as Luxury's China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.Business - The Wall Street Journal - November 8 -
8 Strategies to Boost Black Friday Sales
If your business participates in Black Friday promotions, these expert tips will help you prepare.Business - Inc. - November 9 -
The Legend Of Zelda: Echoes Of Wisdom Is On Sale For A Great Price
The Legend of Zelda: Echoes of Wisdom $45 (was ...Tech - GameSpot - November 12 -
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Sale, Crochet named comeback players of year
Left-handers Chris Sale of the Braves and Garrett Crochet of the White Sox were selected Major League Baseball's comeback players of the year on Thursday.Sports - ESPN - November 15 -
China’s retail sales jump but property gloom persists
Policymakers have unveiled a range of stimulus measures to restore confidence in the economyWorld - Financial Times - November 15 -
Treasury yields finish mixed as spike in rates sparks buying demand
Yields on U.S. government debt closed little changed on Friday after a post-data spike in rates triggered buying demand for most Treasurys.Business - MarketWatch - November 15 -
October Retail Sales Figures Signal Economic Resilience
A positive October sales report shows a strong retail market.Business - Inc. - November 16 -
A Guide to Sales for People Who Aren’t Comfortable Selling
Fear of selling often comes down to what people believe about themselves.Business - Inc. - 5 days ago -
STMicroelectronics Sees Slowing Sales and Profit Growth
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...Business - The Wall Street Journal - 3 days ago -
4 Sustainable Ways to Boost Holiday Sales
Consider some last-minute tweaks to your marketing message to engage customers.Business - Inc. - 3 days ago -
MP calls for ban on auction sales of human remains
Labour’s Bell Ribeiro-Addy said she has been told of human remains frequently auctioned "disguised as modified items or replicas".Top stories - BBC News - 3 days ago -
Nvidia’s Profit Doubles as A.I. Chip Sales Soar
The company, which dominates the market for chips used to build artificial intelligence, expects another big jump in the current quarter.Tech - The New York Times - 3 days ago -
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.Top stories - CBS News - 2 days ago -
DOJ calls for breakup of Google and sale of Chrome
The Justice Department is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market.Top stories - NBC News - 2 days ago -
Novartis Lifts Sales Outlook as it Eyes U.S. Expansion
The pharma company raised its guidance on higher revenue expectations for key treatments and product launches, and is looking at potential mergers and acquisitions for U.S. growth.Business - The Wall Street Journal - 2 days ago