Volkswagen Cuts Plan

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - 5 days ago

South Africa cuts growth target as economic reality bites

Lower GDP projection comes despite coalition’s charm offensive to win over foreign investors

Business - Financial Times - 5 days ago

Eli Lilly's quarter was messy. What to do with the stock is more clear-cut

We're upgrading our rating on the drugmaker to a buy-equivalent 1.

Business - CNBC - 5 days ago

Spirit Airlines furloughs more pilots as part of efforts to cut costs

Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...

Business - MarketWatch - 5 days ago

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

Business - CNBC - 5 days ago

Estée Lauder shares plunge as China sales slump prompts dividend cut

Beauty group’s stock drops 25% after guidance withdrawn for rest of year

Business - Financial Times - 5 days ago

Tumblers sold at Wawa stores recalled after reports of cuts

The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.

Huntington Ingalls' Shares Tumble on Outlook Cut, Navy Contract Delay

The biggest U.S. military shipbuilder pulled its five-year free cash-flow forecast amid uncertainty about a submarine contract, supply-chain disruption and the loss of experienced workers.

Business - The Wall Street Journal - 4 days ago

Nomura profits surge as chief takes pay cut over trading scandal

Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversy

Business - Financial Times - 4 days ago

Wayfair customers are more price conscious, have cut spending as election nears

Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.

Business - MarketWatch - 4 days ago

Israeli budget hikes military spending, VAT, cuts social services

World - Yahoo News - 3 days ago

Richard Moore executed in South Carolina despite appeal to cut sentence to life

South Carolina executed convicted killer Richard Moore despite a broad appeal for mercy by parties that included three jurors and the judge from his trial.

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