Engine-maker Rolls-Royce has said cost-cutting plans that will see it axe up to 2,500 jobs by the end of next year were “well under way” as it swung to a £2.4 billion (€2.8 billion) annual profit. The aerospace engineering specialist reported the statutory pre-tax profits for 2023 against losses of £1.5 billion (€1.75 billion) in […]
(Bloomberg) — Chinese stocks were caught in another volatile session Monday following last week’s rout, as investors assessed the latest pledge by policymakers to stabilize the slumping equity market. Most Read from Bloomberg Gauges of small cap shares tumbled, with the CSI 1000 Index losing more than 8% intraday. As many as 984 of the […]
A 12-year-old Australian girl bravely stepped in to rescue her pet guinea pig as it was being attacked by a snake in her back garden, with video showing her grabbing the predator by the tail and swinging it around while the pet was still in its jaws. The CCTV footage shows Rosie finding her pet […]
SoFi Technologies (SOFI) reported its first profit on an adjusted basis as fourth quarter revenue topped Wall Street targets. SoFi stock popped as 2024 earnings guidance also came in above expectations. X In the December quarter, SoFi said it earned 2 cents on an adjusted basis with revenue up 34% to $594.2 million. Analysts had […]
An Idaho woman experiencing severe mood swings thought she had a brain tumor — it turns out she has early-onset dementia. An Idaho woman experiencing severe mood swings thought she had a brain tumor — it turns out she has early-onset dementia. “I had so much trouble regulating my emotions. I’d become so furious over […]
Rep. Katie Porter (D-Calif.) slammed baseball great Steve Garvey for evading a question about Donald Trump during their Senate debate in California this week. (Watch the video below.) Garvey, a former MVP and World Series winner with the Los Angeles Dodgers, was the lone Republican onstage against Democratic Reps. Adam Schiff, Barbara Lee and Porter. All […]
By Pratyush Thakur and Mike Stone (Reuters) – Northrop Grumman on Thursday said it swung to a loss in the fourth quarter from a year-earlier profit as it took a $1.17 billion charge related to the U.S. Air Force’s next-generation B-21 stealth bomber. The B-21 started flight tests during the fourth quarter, after which the […]
LOS ANGELES (AP) — Long-suffering California Republicans will see something on the March ballot that might shock them: a U.S. Senate candidate whose name they recognize. The state’s Republican Party has been in a decades-long tailspin in heavily Democratic California, where a GOP candidate hasn’t won a U.S. Senate race since 1988 and registered Democrats […]
By Tatiana Bautzer and Manya Saini -Citigroup on Friday reported a $1.8 billion loss for the fourth quarter as it recorded charges to refill a government deposit insurance fund and carry out a sweeping internal reorganization. CEO Jane Fraser called the results “very disappointing,” but expects this year to be a turning point. “We made […]
The fourth Republican debate in Alabama featured just four people – winnowing the broad pool down to Ron DeSantis, Nikki Haley, Chris Christie and Vivek Ramaswamy – but once again missing frontrunner Donald Trump. The debate, hosted by NewsNation and moderated by Megyn Kelly, Elizabeth Vargas and Eliana Johnson, devolved into conspiracy theories and confusing […]