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BUSINESSOct 15Cleveland-Cliffs could be forced to sell Canadian assets if layoffs proceed, minister warnsA minister has warned Cleveland-Cliffs that it could be compelled to sell its Canadian assets if planned layoffs proceed. This indicates potential government intervention and significant implications for the company's operations in Canada.Seeking Alpha Tech
BUSINESSOct 14Surging gasoline prices accounted for more than half of last month's jump in U.S. inflationSurging gasoline prices were responsible for over half of the previous month's increase in US inflation. This highlights a key factor driving economic changes and consumer costs.Seeking Alpha Tech
BUSINESSOct 14The Crisis Playbook for Universities in TroubleSchools under scrutiny as Cornell is often follow a sort of public relations playbook, adding rules, hiring outside investigators and sometimes making leadership changes.NYT US
BUSINESSOct 14Educational Development outlines 2 main-season and 2 mid-season product intros each year as sales decline narrows to 11%Educational Development is outlining new product introductions annually as its sales decline has narrowed to 11%. This reflects a company's strategic response to sales performance.Seeking Alpha Tech
BUSINESSOct 14Official and confirmed | The cheap flight takes off: New Jersey airport launches a new airline with fares starting at $59Los trayectos se realizan con aviones Airbus A220-300, con capacidad para 137 pasajeros.Con esta, ya son tres las compañías que utilizan la terminal de Trenton-Mercer.Clarín
BUSINESSOct 14Gasoline in the U.S. exceeds four dollars per gallon for a record 158 daysEl costo del combustible en EE.UU. alcanza niveles récord, con la gasolina superando los 4 dólares por galón, afectando la inflación y el consumo.La escalada de precios, impulsada por conflictos internacionales, representa un reto político para la administración actual en vísperas electorales.Clarín
BUSINESSOct 14How Jardine Matheson’s street-shop sale reflects Hong Kong retail property’s strugglesAmid Hong Kong’s commercial property downturn, British conglomerate Jardine Matheson has sold a street shop in Causeway Bay for HK$80 million (US$10.2 million) after holding it for more than 50 years, accepting a price HK$10 million below its earlier valuation. The property, a ground-floor shop in H&S Building at 36 Leighton Road, with a gross floor area of about 11,727 square feet, was acquired by Uni Investment Development, according to Land Registry records. Jardine Matheson appointed an...South China Morning Post
BUSINESSOct 14Metrotel takes over part of Telefónica's customers and becomes Argentina's third operator• The firm finalized the incorporation of approximately six million mobile users and 211,000 residential fiber optic internet customers. • They will operate under the TUENTI brand.Clarín
BUSINESSOct 14Breaking down September's CPI report as inflation rises to 3.7%Inflation accelerated to 3.7% in September as energy costs soared amid President Trump's war with Iran, a new CPI report shows. CBS News reporter Emily Pandise has more.CBS News
BUSINESSOct 14Edison wins dismissal of some key claims in Palisades Fire lawsuitEdison has secured the dismissal of some significant claims in a lawsuit concerning the Palisades Fire. This indicates a development in legal proceedings related to the fire.Seeking Alpha Tech
BUSINESSOct 14Average diesel price likely to break all-time record in October, petroleum analyst saysInflation rose in September to 3.7%, according to the latest Consumer Price Index, three weeks before the midterm elections. The increase is largely driven by energy costs. Patrick De Haan, head of petroleum analysis at GasBuddy, joins CBS News to discuss.CBS News
BUSINESSOct 14Data center builder offers Kansas town residents $10,000Digital Realty is offering utility and property tax credits to residents of De Soto, Kansas, in a bid to win public support for a data center facility.CBS News
BUSINESSOct 14The IMF casts doubt on Mexico’s chances of cracking the top 10 of world economies by 2030President Sheinbaum's economic policy blueprint, Plan México, envisions returning Mexico to being one of the world's 10 strongest economies. The International Monetary Fund has just issued a reminder that it won't be easy. The post The IMF casts doubt on Mexico’s chances of cracking the top 10 of world economies by 2030 appeared first on Mexico News DailyMexico News Daily
BUSINESSOct 14Anthropic revenue jumps to $16.8bn in third quarterRapid growth is slower than some anticipated as fears about AI trade rattle marketsFinancial Times
BUSINESSOct 14U.S. crude stockpiles fell 11.1M barrels last week, API saysU.S. crude stockpiles reportedly decreased by 11.1 million barrels last week, according to the American Petroleum Institute. This significant drop in reserves could influence global oil market dynamics.Seeking Alpha Tech
BUSINESSOct 14Fiera Capital sees Q3 AUM fall 7.4% Q/Q, 9.3% Y/YFiera Capital reported a decrease in its Assets Under Management for Q3 quarter-over-quarter and year-over-year. This indicates a financial performance update for the company.Seeking Alpha Tech
BUSINESSOct 14‘China shock 3.0’ to be driven by AI, biotech and robot exports, economist saysThe world is on the cusp of a “China shock 3.0” driven by exports of artificial intelligence (AI), biotechnology and robots, which could hit harder than the current wave, a leading economist on China has said. “We are already at the starting point of the China shock 3.0,” Alicia Garcia-Herrero, a senior fellow at Brussels-based think tank Bruegel and chief economist for Asia-Pacific at investment bank Natixis, told the South China Morning Post from Taipei after a virtual panel hosted by the...South China Morning Post
BUSINESSOct 14Here are the major earnings before the open ThursdayThe article provides information on major corporate earnings scheduled to be released before the market opens on a specific Thursday. This is relevant for financial market participants.Seeking Alpha Tech
BUSINESSOct 14Lockheed Martin plans 6K U.S. jobs in $300M Texas expansionLockheed Martin is planning a significant expansion in Texas, involving substantial investment and the creation of thousands of new jobs. This signals a major corporate development with economic impact.Seeking Alpha Tech
BUSINESSOct 14Azz raises fiscal 2027 outlook to $1.825B-$1.875B sales and $7-$7.30 adjusted EPS following record Q2Azz has raised its fiscal 2027 outlook for sales to $1.825 billion-$1.875 billion and adjusted EPS to $7-$7.30, following a record-breaking second quarter. This upward revision reflects strong financial performance and positive future expectations.Seeking Alpha Tech
BUSINESSOct 14Bank of America expects 2027 NII to rise 8% or more as it embeds $1.2B regulatory settlement costsBank of America projects its Net Interest Income (NII) will increase by 8% or more by 2027, despite accounting for $1.2 billion in regulatory settlement costs. This indicates the bank's financial outlook for growth even with significant expenses.Seeking Alpha Tech
BUSINESSOct 14Gold and silver sink as U.S. inflation data tops expectations, boosting Fed rate hike betsThe prices of gold and silver have fallen after U.S. inflation data exceeded expectations, increasing bets on potential Federal Reserve rate hikes. This reflects a reaction in global commodity markets to economic indicators.Seeking Alpha Tech
BUSINESSOct 14Wall Street has its worst day since July due to inflation rebound in the USUS stocks suffered their worst drop since July, pressured by rising inflation and bond yields. The S&P 500 fell 1.1%, Nasdaq 1.9%. Rising crude prices and economic concerns boosted bond yields. AI and tech companies led.Clarín
BUSINESSOct 14GlobalFoundries to open 2 new chip plants in New York with $21 billion in financing from JapanComputer chip company GlobalFoundries Inc said Wednesday it plans to open two factories in Malta, New York, financed by an investment of up to $21 billion from Japan.…Japan Today