Latest in Steel’s Stock Drops
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Has America lost its shame?
The brazenness of US politicians in the face of scandals is a defining feature of the eraBusiness - Financial Times - October 16 -
Musk gives $75mn boost to Trump’s presidential run
World’s richest man aims to sway outcome of November election with donationBusiness - Financial Times - October 16 -
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearBusiness - Financial Times - October 16 -
Krispy Kreme’s stock drops on earnings miss
Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates but its effort to sell its products at McDonald’s is off to a successful start.Business - MarketWatch - 2 days ago -
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...Business - MarketWatch - October 15 -
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.Business - The New York Times - October 17 -
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.Business - MarketWatch - October 17 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - October 30 -
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...Business - MarketWatch - October 17 -
Traders’ enthusiasm for stocks returns to level seen just before 10% drop last year
Strategists at Citi are concerned about the possibility of a repeat, though they aren’t recommending investors trim their positions.Business - MarketWatch - October 23 -
McDonald’s stock drops as Quarter Pounders linked to E. coli outbreak, CDC says
An outbreak of E. coli linked to McDonald’s Corp. Quarter Pounder burgers has killed one person and hospitalized 10 people in 10 states.Business - MarketWatch - October 23 -
Harris trades: These healthcare stocks could rally if she wins — or drop if Trump triumphs
Certain healthcare stocks rank among the “Harris trades,” meaning stocks that could rally on a win by Democratic presidential nominee Kamala Harris. Meanwhile, small-cap banks are among the stocks ...Business - MarketWatch - October 23 -
Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - October 28 -
Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel
Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.Business - MarketWatch - October 29 -
Kraft Heinz’s stock drops as sales volumes fall again, more than prices rise
Kraft Heinz misses sales expectations again, as volumes keep falling, and the stock heads for a three-month low.Business - MarketWatch - October 30 -
Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.Business - CNBC - October 31 -
UK savings plans overhauled with planned pension tax changes
Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regimeBusiness - Financial Times - October 31 -
OpenAI brings online search to ChatGPT
Move takes aim at rivals including Google and PerplexityBusiness - Financial Times - October 31 -
Parents to be hit by ‘nanny tax’ after national insurance changes
Families affected will be worse off by more than £1,000 a yearBusiness - Financial Times - October 31 -
Super Micro still can’t say when it will file annual report, and its stock drops
Server maker doesn’t expect its accounting issues to impact its ability to serve customersBusiness - MarketWatch - 3 days ago -
Here Comes the Sun: Will Ferrell, Harper Steele and more
Actor Will Ferrell and writer Harper Steele sit down with Tracy Smith to discuss their documentary "Will & Harper." Then, David Pogue learns about new methods being implemented to keep birds from ...Top stories - CBS News - October 27 -
At least 12 dead in Mexico steel plant explosion
An explosion at a Simec-owned steel plant in Mexico’s central Tlaxcala state in the early hours of Wednesday killed at least 12 people, state authorities said.Top stories - NBC News - October 30 -
Cheating alleged after men’s world conker champion found with steel chestnut
Metal replica conker found in pocket of David Jakins AKA King Conker, first-time winner after competing since 1977. The World Conker Championships is investigating cheating allegations after the ...World - The Guardian - October 14 -
Israel races to supply anti-missile shield
Intense war demands have left the IDF relying on the US to fill gaps in air defencesBusiness - Financial Times - October 15 -
World conkers tournament investigates claims of cheating with steel chestnut
The World Conker Championships says it's investigating allegations of cheating after this year’s men’s winner was found to have a steel chestnut in his pocketWorld - ABC News - October 15 -
'King Conker' accused of cheating, found with steel chestnut in pocket
A spokesperson for the World Conker Championships, in which competitors try to break their opponents' horse chestnut with their own, said it was investigating the allegations.Sports - ESPN - October 16 -
A Very English Sporting Scandal: Did a Steel Conker Taint a Title?
Conkers are buckeye chestnuts that are part of an annual championship. This year, there are accusations of cheating. And it’s all very serious.World - The New York Times - October 15 -
Politicians hate it, but the Nippon-US Steel deal is good for America
U.S. Steel put itself up for sale last year not because it wanted to be owned by a Japanese company but because its management needed an infusion of capital and expertise to thrive in a difficult ...Politics - The Hill - October 17 -
Russia Turns Mariupol's Steel Mills From Battle Zone to Spoils of War
Moscow’s patronage enriches a Kremlin-friendly warlord from Chechnya by letting him plunder Ukraine’s big metals plant.World - The Wall Street Journal - October 21 -
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Nippon Steel spends whopping $1.3M on lobbying amid merger threat
The Japanese steelmaker Nippon Steel paid its primary lobbying firm $1.3 million during a dangerous period for its proposed acquisition of U.S. Steel over the summer. From July through September, ...Politics - The Hill - October 21 -
A College Football Cinderella Ditched a Glass Slipper for a Steel-Toe Boot
A player who squats 605 pounds and runs fast enough to earn a speeding ticket in a school zone is the face of Boise State.Sports - The New York Times - October 23 -
China's steel exports expected to falter in 2025 as pain from tariffs spread
Steel producers in China face a double-whammy of mounting overseas tariffs and weakened domestic demand at home.Business - CNBC - October 25 -
12 dead and 1 injured in explosion at steel plant in central Mexico
Twelve people have died in a fire at a steel plant in central MexicoWorld - ABC News - October 30
