Tumbles Profit Shortfall
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The Hill - Politics
Congress races to patch $3B Veterans Affairs shortfall
Lawmakers are moving quickly to pass emergency legislation to plug a roughly $3 billion shortfall facing the Department of Veterans Affairs (VA), as officials warn veterans' and survivors' benefits ...9 hours ago -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...10 hours ago - Federal Reserve -
BBC News - Top stories
Unlawful care homes ‘profiteer’ from at-risk kids
Placing children with complex needs in care threatens to bankrupt some councils, the Family Court is told.13 hours ago -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...14 hours ago -
MarketWatch - Business
23andMe’s independent directors quit in clash with CEO over buyout plan
The directors said the decision comes after months of work that failed to result in an actionable plan that meets the interests of non-affiliated shareholders.16 hours ago -
MarketWatch - Business
Media mogul Byron Allen sells stunning Aspen mansion for $60 million, at a nice profit
The CEO of the largest privately held media company in the U.S. reportedly bought the property four years ago for $27 million.23 hours ago -
The Hill - Politics
House passes bill to plug $3B VA budget shortfall
The House on Tuesday passed an emergency bill to address a roughly $3 billion budget shortfall facing the Department of Veterans Affairs (VA), as officials warn millions of veterans’ benefits are ...Yesterday -
NBC News - Top stories
OceanGate CEO put profits over safety ahead of Titan's fatal voyage, ex-employee says
In a desire to get a working submersible to the Titanic wreck site as fast as possible, the Titan was built at a risk to safety, with cost-cutting measures and poor engineering permitted by CEO ...Yesterday -
Financial Times - Business
Profit outlook dents THG as it considers separating Ingenuity arm
Ecommerce group says it is ‘progressing options’ to demerge divisionYesterday -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...Yesterday - Germany -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.Yesterday -
Financial Times - Business
After oil’s tumble, where will prices settle?
Last week’s wipeout in prices prompted a flurry of forecast changes from analystsYesterday -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.Yesterday -
The Wall Street Journal - World
How Russia Profits From Ukraine Invasion by Selling Stolen Grain on a Global Black Market
Moscow’s war “is feeding itself” as friends and backers cash in on crops from occupied territories.2 days ago - Ukraine -
Politico - Politics
Congress to get Super Bowl-level protection on Jan. 6, 2025
DHS designates the certification of the 2024 election a "national special security event" to prevent a repeat of the Capitol riot.September 11