Latest in Warns Companies
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Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - Dec. 4 -
Powell's debt warning
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell warns US on 'unsustainable' path Federal Reserve Chair Jerome Powell ...The Hill - Dec. 4 -
MicroStrategy’s bitcoin bet has made its stock a big winner. Will other companies soon follow suit?
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - Dec. 4 -
City minister warns FCA on ‘name and shame’ plans
Tulip Siddiq says UK financial watchdog should consider rowing back further on its proposals for company scrutinyFinancial Times - Dec. 4 -
November jobs report may show big gain — but not because more companies are hiring
The economy can’t do much worse at creating jobs after a dismal 12,000 gain in hiring in October. Wall Street expects a big rebound in November.MarketWatch - Dec. 4 -
AI play Pure Storage soars 24% after touting it won a contract with an unnamed big tech company
Pure Storage shares rallied 24% after announcing a contract with a top tier hyperscaler.CNBC - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
OpenAI partners with defense company Anduril
OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."CNBC - Dec. 4 -
Senators Warn the Pentagon: Get a Handle on China’s Telecom Hacking
In a letter to the Department of Defense, senators Ron Wyden and Eric Schmitt are calling for an investigation into fallout from the Salt Typhoon espionage campaign.Wired - Dec. 4 -
Heavy rain and gales set to hit UK as weather warnings issued
Three Met Office yellow warnings for wind and rain cover large parts of the UK with areas of low pressure set to bring heavy rain and gales.BBC News - Dec. 4 -
Dead & Company announce new Sphere residency in Las Vegas
The jam band will return to the state-of-the-art dome-shaped venue in March 2025.Los Angeles Times - Dec. 4 -
Sadiq Khan warns UK leaders not to be ‘sycophantic’ towards Trump
London mayor’s comments come as he backs FT seasonal appeal with Magic Breakfast charityFinancial Times - Dec. 4 -
Volkswagen Says Urgent Measures Needed to Save Company
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...The Wall Street Journal - Dec. 4 -
Guéhi writes 'Jesus' on armband despite warning
Crystal Palace's Marc Guéhi wrote "Jesus loves you" on his rainbow-coloured captain's armband on Tuesday despite a reminder from the FA about religious messages.ESPN - Dec. 4 -
Amorim warns Man United fans: 'Storm will come'
Ruben Amorim has warned Manchester United fans that "a storm will come" despite his positive start as head coach.ESPN - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
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Biden, in Angola, Warns That Slavery’s History Should Not be Erased
In becoming the first American leader to visit Angola, President Biden said it was important not to forget the ugly legacy of the human trade that originally defined relations with Africa.The New York Times - Dec. 4 -
Hospice leaders warn hundreds of beds out of use
A lack of funding and staff are blamed as hospices close beds permanently or take them out of use.BBC News - Dec. 4 -
Antidoping Agency Froze Out Investigators Who Warned About China
The World Anti-Doping Agency’s investigative unit highlighted intelligence about Chinese athletes possibly using a banned medication, but was kept out of the loop when 23 swimmers tested positive ...The New York Times - Dec. 4 -
Donald Trump Jr. joins e-commerce company, sending its shares up 270%
PublicSquare, which describes itself as catering to "patriotic Americans," is adding the son of President-elect Donald Trump Jr. to its board.CBS News - Dec. 3 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns
Asset manager’s chief economist Joe Davis says investors are overplaying the near-term potential of the technologyFinancial Times - Dec. 3 -
England’s chief prosecutor warns lawyers’ pay may be adding to court delays
Head of Crown Prosecution Service Stephen Parkinson calls for reviewFinancial Times - Dec. 3 -
FTC takes action against location data companies accused of unlawfully using consumer info
The Federal Trade Commission announced that it is taking action against two location data companies after it said that they unlawfully tracked and sold private consumer information.NBC News - Dec. 3 -
German company caught smuggling chemical plant to Iran
Aiotec GmbH agrees $14.5mn settlement with US after disguising shipment of dismantled polypropylene facilityFinancial Times - Dec. 3 -
Smartphones should carry health warning, Spanish government told
Report by committee of experts also calls for doctors to ask about screen time during checkups. Smartphones sold in Spain should carry a label warning users about their potential health impacts, ...The Guardian - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chipsABC News - Dec. 3 -
Back budget or Wales could lose £1bn, FM warns
Eluned Morgan warns Wales could lose significant funding if opponents do not help her pass a budget.BBC News - Dec. 3 -
Trump warns of ‘hell to pay’ if Israeli hostages not released by January
US president-elect’s comments come as Gaza ceasefire talks fail to make progressFinancial Times - Dec. 2 -
New Video Claims NZXT PC Rental Program Is "A Scam," Company Says It's Looking Into It
A new report alleges that PC hardware company NZXT's PC rental program is "shady and manipulative." The video from Gamers Nexus (via The Verge ) accuses NZXT of changing prices and parts between ...GameSpot - Dec. 2 -
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Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Trump warns of 'hell to pay' if Hamas doesn't release hostages
President-elect Trump on Monday threatened to unleash “hell” in the Middle East if hostages held by Hamas in the Gaza Strip are not released before his inauguration Jan. 20, underscoring urgency to ...The Hill - Dec. 2 -
Lawmakers warn against Trump's Kash Patel pick for FBI director
Democrats in Congress are decrying President-elect Donald Trump's pick for FBI director. Trump announced he wants Kash Patel to take over the job but current FBI director Christopher Wray is still ...CBS News - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2 -
Is OpenAI Getting Into the Advertising Business? The Company Is Sending Mixed Messages
The AI giant’s CFO says it’s looking into ads, but adds that it has no active plans as yet.Inc. - Dec. 2 -
Huge sinkhole is still growing, council leader warns
It could be months until evacuated residents are able to return to their homes, one homeowner says.BBC News - Dec. 2
