Alternative-indie sensations Jeremy Zucker and Chelsea Cutler have found their creative sanctuary on Brentwood Road for the past five years, and their latest musical project, brent iii, is a reflection of their journey. Released on November 1, this album marks the third installment in their brent series. Similar to its predecessors, brent iii delves into … Read more
After Jeff Bezos, the billionaire owner of The Washington Post, made the decision to halt the publication of the editorial board’s endorsement of Kamala Harris, there was a significant backlash from digital subscribers. According to a report from The Post, at least 250,000 subscribers chose to cancel their subscriptions. Both current and former journalists at … Read more
Volkswagen is emphasizing the urgent necessity to implement significant plant closures and job reductions after reporting a 64 percent decrease in quarterly net profit due to poor sales in China and restructuring costs. The company disclosed plans to shut down three plants and lay off tens of thousands of employees, marking its most drastic restructuring … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. McDonald’s experienced a second consecutive decline in sales during the third quarter, as it grappled with weak consumer demand in international markets like France, the UK, the Middle East, and China. The fast-food giant reported … Read more
Qualcomm shares experienced a significant drop of nearly 5% in premarket trading following a report from Bloomberg indicating that British chip designer Arm is considering revoking a crucial license held by the U.S. company. According to the report, Arm has issued Qualcomm a 60-day notice of termination for their architectural license agreement, which allows Qualcomm … Read more
A sell-off in Treasuries has strengthened the dollar and left equities mixed as new signs of economic strength have led traders to lower their expectations for US rate cuts. In Japan, shares rose with the help of a weaker yen, while equities in Australia and South Korea fell. US futures remained flat after the S&P … Read more