Latest in Sales Drop Sharply
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Samsung profit misses estimates, falls sharply from previous quarter as costs rise
While fourth-quarter revenue and operating profit fell quarter on quarter, annual revenue reached the second-highest on record, Samsung said.CNBC - 31m -
Pending home sales drop sharply in December as mortgage rates surge back over 7%
Pending home sales in the U.S. fell in December as mortgage rates climbed again.CNBC - 10h -
Weekly Jobless Claims Drop More Than Expected
While job opportunities are becoming harder to find, the low layoff rate meant better results than the Labor Department’s forecast.Inc. - 11h -
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media propertiesABC News - 1d -
Pending home sales drop sharply in December as mortgage rates surge back over 7%
Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National Association of Realtors.NBC News - 7h -
Shares of fashion giant H&M drop as fourth-quarter sales miss estimates
Shares of H&M dropped on Thursday after the world's second-largest retailer missed sales forecasts in the fourth quarter.CNBC - 11h -
Dragon Age: The Veilguard Drops To Just $25 At Amazon
Dragon Age: The Veilguard $25 (was ...GameSpot - 11h -
Herbert dropped from role as FIA steward
Former grand prix driver Johnny Herbert is dropped from his role as a steward in Formula 1.BBC News - 1d -
Demand for sanctions compliance advice rises sharply
Nearly 8% of ETFs include sanctioned securities and there has been a 700% rise in such securities in past two yearsFinancial Times - 1d -
Republican-led states call on Costco to drop DEI
A group of Republican attorneys general are demanding Costco end all of its diversity, equity and inclusion (DEI) policies as a plethora of other retailers drop their programs. In a letter to the ...The Hill - 2d -
New-home prices drop to a three-year low, even as sales improve in 2024
High mortgage rates weighed on new-home sales, which increased 2.5% from 2023 to 2024.MarketWatch - 3d -
Marilyn Manson sexual assault investigation dropped by lawyers
Prosecutors said the allegations against Manson exceeded the statute of limitations and they could not prove them "beyond a reasonable doubt".BBC News - 6d -
Ravens' Andrews 'gutted' by critical drop vs. Bills
Ravens tight end Mark Andrews posted on Instagram that he's "absolutely gutted" by his critical drop on a 2-point conversion attempt in Sunday's loss to the Bills.ESPN - Jan. 23 -
UK consumer confidence falls sharply in January
Rise in government borrowing costs and warnings of job cuts take toll on economic sentimentFinancial Times - Jan. 24 -
Nepal sharply increases permit fee for Everest climbers
Nepal will increase the permit fees for climbing Mount Everest by more than 35%, making the world’s tallest peak more expensive for mountaineers for the first time in nearly a decade, officials said.NBC News - Jan. 23 -
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When will HELOC interest rates drop again?
HELOC interest rates recently fell to an 18-month low. Here's when they could decline again.CBS News - Jan. 17 -
British retail sales unexpectedly drop in December
Pound falls and gilts rally as investors bet on more interest rate cutsFinancial Times - Jan. 17 -
EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024
DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green” vehicles but coming ...NBC News - Jan. 16 -
BioShock And Borderlands Veterans Drop First Look At Wartorn
Stray Kite Studios--an indie developer that includes veterans from BioShock, Borderlands, and Age of Empires--has debuted the first look at the company's inaugural original title Wartorn. As seen ...GameSpot - Jan. 15 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
Why a small drop in inflation matters to you
The marginal dip in UK inflation is unusually important and offers some respite to the chancellor.BBC News - Jan. 15 -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - Jan. 13 -
Stormers dent Sale's chances of qualification
Stormers cruise past Sale Sharks to claim a bonus-point victory and kickstart their Investec Champions Cup campaign in round three.BBC News - Jan. 11 -
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.CNBC - Jan. 10 -
Mercedes-Benz Car Sales Drop Amid Challenging Market
Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.The Wall Street Journal - Jan. 10 -
With Trump Arriving, Zelensky Urges Allies Not to ‘Drop the Ball’
In an impassioned address to officials from countries supporting Ukraine, Mr. Zelensky said “a new chapter” would be starting for Europe and the rest of the world, requiring even more cooperation.The New York Times - Jan. 9 -
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Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
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Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing
Electric vehicle sales are growing globally overall, despite Tesla's recent slump.Wired - Jan. 4 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
The best ways to keep costs down as temperatures drop
A cold snap across the UK comes just as energy prices have risen, so here are a few tips to help you keep warm.BBC News - Jan. 3 -
Tesla’s first-ever drop in sales is a bearish sign for 2025. Will autonomous vehicles be enough?
Tesla’s “golden goose” will be a robotaxi, one analyst says.MarketWatch - Jan. 3 -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - Jan. 2 -
How Congress dropped the ball on AI safety
After two years of congressional deliberation on artificial intelligence, we need more than careful analysis — we need decisive action.The Hill - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2