Verizon exceeded expectations by adding more wireless subscribers than anticipated in the third quarter. The U.S. telecom giant’s promotional offers and bundled plans, which include 5G along with streaming services like Netflix, played a key role in attracting customers. The increasing popularity of Verizon’s myPlan, a customizable package that offers streaming benefits such as Disney+, … Read more
Kimberly-Clark Corporation (NYSE: KMB) announced its third-quarter 2024 results on Thursday, exceeding earnings expectations but falling short on revenue projections. The company also adjusted its full-year forecast for organic sales growth. The consumer goods company reported adjusted earnings per share of $1.83, beating the analyst consensus of $1.70. However, revenue for the quarter came in … Read more
The Editor’s Digest can be unlocked for free Roula Khalaf, Editor of the FT, chooses her favorite stories for this weekly newsletter. Judges may opt for house arrest as an alternative to imprisonment as part of a significant review of sentencing designed to alleviate the crisis in English and Welsh prisons. Under the leadership of … Read more
“ Michelle Chumley, a 56-year-old nurse from Ohio, recently made a conscious decision to opt for a more affordable vehicle when replacing her Chevrolet Blazer SUV. Instead of splurging on a pricey new SUV, she chose a Chevrolet Trax compact SUV, joining a growing number of buyers in the below-average $20,000-to-$30,000 price range. This shift … Read more
Russian President Vladimir Putin attended the BRICS Business Forum in Moscow, Russia on October 18, 2024. Alexander Zemlianichenko | Via Reuters Russia is hosting the latest BRICS summit, welcoming its geopolitical allies and promoting its agenda to establish a “new world order” that challenges the Western powers. The BRICS group initially consisted of Brazil, Russia, … Read more
Bonds are declining globally as investors consider the possibility of slower US interest rate cuts, a trend that could disrupt debt positions across the board. Treasuries continued their losses, with the 10-year yield climbing back above 4.20% for the first time since July. The rate on equivalent German bonds also rose, reaching the highest level … Read more
Investing.com – European stock markets showed a mixed performance on Tuesday as investors analyzed third-quarter corporate earnings in the midst of uncertainties surrounding global growth and future interest rate adjustments. At 03:10 ET (07:10 GMT), the DAX in Germany was trading 0.5% higher, while the CAC 40 in France was down 0.1% and the FTSE … Read more
French drugmaker Sanofi’s announcement that it will sell a majority stake in its consumer health division to a US investment fund has sparked a new wave of political backlash, with concerns about the loss of control over essential medications. Paris is being urged to block the sale by using its powers to safeguard strategic sectors, … Read more
U.S. President Joe Biden announced a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus in Madison, Wisconsin, U.S., on April 8, 2024. Kevin Lamarque | Reuters A spokesperson for the U.S. Department of Education stated that federal student loan payments for around 8 million borrowers will … Read more
