Samsung Expects Further Profit Growth Slowdown, Missing Estimates

UK economy ekes out 0.1% growth in November, below expectations

The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

CNBC - 7m

Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts

Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%

CNBC - 5h

Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.

CNBC - 10h

Goldman Sachs shares rise after topping estimates on strong trading results

Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.

CNBC - 15h

Estimated Gaza Toll May Have Missed 25,000 Deaths, Study Says

Analysis found that more than 64,000 Palestinians may have been killed by traumatic injury in the first nine months of the war.

The New York Times - 1d

The Slow Growth of Hand-Painted Clothes

In an era of fast fashion, some yearn for clothing with a personal touch.

The New York Times - 6d

Injuries further mar Packers' season-ending loss

The Packers' struggling offense combined with some shaky special teams to doom them again in Sunday's wild-card loss to the Eagles, with a quintet of injuries adding to their issues.

ESPN - 2d

China's imports post surprise growth in December; exports beat expectations as higher tariffs loom

Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.

CNBC - 3d

China corporate profits set for third year of declines

Oversupply drives intense competition that is undermining prices and profitability

Financial Times - 3d

Estimated cost of Thames Water renationalisation questioned

Comparison with Bulb government loans gives exaggerated forecast, experts claim

Financial Times - 3d

Is US inflation set to rise further?

Market Questions is the FT’s guide to the week ahead

Financial Times - 3d

L.A. Wildfires May Be the Costliest in U.S. History, Estimates Say

An estimate puts wildfire losses so far between $135 billion and $150 billion.

Inc. - 4d

As Delta Reports Profits, Airlines Are Optimistic About 2025

The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.

The New York Times - 4d

As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump

The wildfire may be the costliest disaster in California history.

Inc. - 5d

Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'

Delta's CEO said strong travel demand is driving revenue higher.

CNBC - 5d

December jobs report expected to show hiring slowdown

The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...

CBS News - 5d

Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views

The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.

The Wall Street Journal - 6d

Eagles injury update: A.J. Brown misses practice, expected to play Sunday

Eagles receiver A.J. Brown missed practice on Thursday a day after leaving practice early.

Yahoo Sports - 6d

Loss estimates, including health effects and rebuilding costs, surge.

As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.

The New York Times - 6d

IRS: Missing final 2024 quarterly estimated tax payment could trigger 'unexpected penalties'

The fourth-quarter estimated tax payment for 2024 is Jan. 15. Here's how to avoid "unexpected penalties," according to the IRS.

CNBC - 6d

Greggs shares drop on sales slowdown

UK bakery chain blames ‘subdued high street footfall’ for weaker earnings

Financial Times - 6d

UK recruiters report fresh slowdown in hiring as planned tax rises bite

Survey results will heighten investor concerns over stagflation threat in economy

Financial Times - Jan. 9

Whitehall estimates child sexual abuse compensation could hit £10bn

Starmer has criticised previous Conservative government for not implementing recommendations of 2022 Jay review

Financial Times - Jan. 8

FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.

There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.

MarketWatch - Jan. 8

Samsung’s revival still hangs on winning Nvidia’s AI custom

South Korean group is one of only a few chipmakers with the ability to produce memory chips essential for AI applications

Financial Times - Jan. 8

Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business

Fourth-quarter earnings hit by greater investments in advanced chip manufacturing

Financial Times - Jan. 8

Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth

Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.

MarketWatch - Jan. 8

Annual ‘winners’ for most egregious US healthcare profiteering announced

Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...

The Guardian - Jan. 7

Paige Bueckers injury update: UConn star to miss Xavier game with lower-body sprain, but is expected back soon

UConn coach Geno Auriemma expects Bueckers to return next week

CBS Sports - Jan. 7

Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances

Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.

CNBC - Jan. 7

Germany to release inflation estimate for 2024

Yahoo News - Jan. 6

Samsung spreads Vision AI across its 2025 TV portfolio

For this year’s lineup, Samsung said that AI will come to life in more ways than just great picture quality. The company is introducing AI-backed experiences to make your day simpler, more dynamic, ...

VentureBeat - Jan. 6

Devils Forward To Undergo Further Testing, Missed Practice In Seattle With Injury

There is no official timetable for the veteran's return.

Yahoo Sports - Jan. 5

FAA Head Says Boeing Must Put Culture of Safety Above Profits

A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...

Inc. - Jan. 3

Report: Further deadly attacks on Gaza Strip

Yahoo News - Jan. 3

Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes

Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.

The Wall Street Journal - Jan. 2

Brompton profits almost wiped out after lower UK and Europe sales

British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000

Financial Times - Jan. 2

Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal

Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.

The Wall Street Journal - Jan. 2

Samsung Expects Further Profit Growth Slowdown, Missing Estimates

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