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tarbucks bonuses decline after disappointing financial performance in recent fiscal year

Many corporate employees at Starbucks will receive only 60% of their bonuses for the latest fiscal year due to disappointing financial results. Despite meeting personal performance goals, the overall payout is affected by the company's underwhelming performance for the year ending September 29.
bloomberg.com
Starbucks Corporation USA
Finance & Economy, News Article
21:37 26.11.2024

trump's health agency nominees raise global public health concerns

Concerns are rising globally over Donald Trump's healthcare nominees, particularly regarding their potential "anti-science" views and the impact on public health funding. His administration's past actions, such as severing ties with the WHO and defunding programs aligned with reproductive rights, have heightened these fears. Experts warn that the appointment of individuals skeptical of science could diminish the credibility of U.S. health agencies and affect global health strategies.
Yahoo Finance
United States Dollar Johns Hopkins University Sesame USA RUS CHN CAN GBR Robert F. Kennedy Jr. Joe Biden Marty Makary Show more
Regulatory & Legal, News Article
21:23 26.11.2024

ew zealand solar company solarzero enters liquidation amid financial struggles

SolarZero, a New Zealand solar panel installation company backed by BlackRock Inc., has entered liquidation due to unsustainable losses and liquidity issues. The company has ceased operations and requested that senior lenders appoint a replacement service provider to maintain customer services while a liquidator is appointed.
Bloomberg.com
BlackRock, Inc. NZL
Finance & Economy, Press Release
21:23 26.11.2024

tocks rise as s p 500 nears record amid mixed corporate earnings

Stocks are nearing all-time highs, with the S&P 500 rising for the seventh consecutive day, driven by optimism despite geopolitical risks and tariff announcements from President-elect Trump. The index is on track for its 52nd record this year, with analysts predicting continued gains into 2025. Meanwhile, corporate performances varied, with notable declines for Amgen and Kohl's, while Eli Lilly benefited from potential government support for weight-loss drugs.
SWI swissinfo.ch
United States Dollar Euro QUALCOMM Incorporated Best Buy Co., Inc. Rivian Automotive, Inc. Microsoft Corporation Amgen Inc. The Goldman Sachs Group, Inc. Zoom Communications Inc. Kohl's Corporation General Motors Corp. JM Smucker Co. Ford Motor Company Morgan Stanley Intel Corporation Eli Lilly and Company DICK'S Sporting Goods, Inc. USA MEX CAN DEU GBR Kenny Polcari Andrew Brenner Dennis Debusschere Savita Subramanian Peter Oppenheimer Show more
Finance & Economy, Market Report
21:18 26.11.2024

am producers warn of shortages due to disastrous fruit harvest

German jam producers are facing a crisis due to a "catastrophic" 2024 fruit harvest, with volumes of apples, sour cherries, and strawberries down by a third, and sour cherries experiencing a 60% shortfall. Unfavorable weather has impacted harvests across Europe, leading to skyrocketing raw material prices. Major retailers are pressuring suppliers for price reductions, risking gaps on supermarket shelves as manufacturers struggle to meet demand.
raiffeisen.com
Euro Bogk AgE Raiffeisen GRC HUN ITA ESP POL DEU Show more
TradFi, Market Report
21:06 26.11.2024

bank stock rally pressures us institutions to reduce repo market activity

A rally in bank stocks since late September may compel major US banks to reduce their activities in the repurchase agreement and foreign exchange derivatives markets. This is due to the impact of share prices on regulatory scores for globally systemically important banks, which determine required capital reserves. As year-end approaches, banks typically scale back these activities to lower potential scores and associated capital requirements.
Bloomberg.com
United States Dollar Deutsche Bank Aktiengesellschaft DEU
Finance & Economy, Market Report
21:05 26.11.2024

ubs shares decline amid midday trading with earnings report insights

UBS shares fell 1.2% to CHF 28.02 at midday, marking a low of CHF 27.75 for the day. The stock is currently 19.59% above its 52-week low of CHF 22.53 and 5.53% below its 52-week high of CHF 29.57. UBS reported earnings per share of CHF 0.39 for Q3 2024, with a turnover of CHF 18.86 billion, a slight decrease from the previous year.
finanzen.ch
Swiss Franc United States Dollar UBS CHE Carsten Spohr
TradFi, Market Report
21:04 26.11.2024

cupra plans us market entry with new distribution strategy and vehicle lineup

Volkswagen Group is reconsidering its strategy for the US market, with plans for its Cupra brand shifting from an all-electric lineup to include gasoline and plug-in hybrid vehicles. The company is exploring a partnership with Penske Automotive Group to establish a sales network, as it aims to strengthen its presence amid changing consumer preferences and regulatory challenges.
CleanTechnica
United States Dollar Penske Automotive Group, Inc. XPeng Inc. SEAT Rivian Automotive, Inc. Volkswagen Group ESP USA CHN Wayne Anthony Griffiths Bernhard Bauer Show more
Finance & Economy, News Article
21:00 26.11.2024

bitcoin falls to 91000 as crypto markets experience significant downturn

Bitcoin has fallen to the $91,000 level amid a slump in the crypto markets. In today's episode of CNBC Crypto World, Transform Venture CEO Michael Terpin discusses the various stages of bitcoin market cycles and evaluates the sustainability of a potential post-U.S. election rally.
CNBC
USA
Finance & Economy, Market Report
21:00 26.11.2024

Trump's tariff threats impact stock while market remains stable

Trump's recent tariff threats have negatively impacted one of our stocks, yet the broader market remains unaffected. This development highlights the selective influence of political announcements on individual stocks compared to overall market performance.
CNBC
USA Jim Cramer
Finance & Economy, Market Report
20:54 26.11.2024
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