Biggest stock movers Friday: RGTI, CCL, NVO, DXCM and more

Biggest stock movers Friday: RGTI, CCL, NVO, DXCM and more

Dec. 20, 2024 3:38 PM ETNKE, NVO, LLY, X, CCL, PODD, DXCM, TNDM, AVO, RGTI, XMTRBy: Niloofer Shaikh, SA News Editor Jonathan Kitchen U.S. stocks on Friday jumped, after investors received a favorable reading on a key inflation measure that further quelled the turmoil induced by the Federal Reserve two days ago. Here are some…

Tesla recalls over 694K vehicles software update related to tire pressure

Tesla recalls over 694K vehicles software update related to tire pressure

Automotive expert Lauren Fix joins ‘Cavuto: Coast to Coast’ to discuss the impact Trump’s presidential victory has had on Tesla’s red-hot stock price.  Tesla has recalled more than 694,000 of its Model 3, Model Y and Cybertruck electric vehicles. The recalled vehicles “installed a software release that was not compliant with the tire pressure monitoring…

Canada PM Trudeau looks set to lose power after key ally vows to topple him By Reuters

Canada PM Trudeau looks set to lose power after key ally vows to topple him By Reuters

By David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau on Friday looked set to lose power early next year after a key ally said he would move to bring down the minority Liberal government and trigger an election. New Democratic Party leader Jagmeet Singh, who has been helping keep Trudeau in office, said he…

Trump wants 5% Nato defence spending target, Europe told

Trump wants 5% Nato defence spending target, Europe told

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s team has told European officials that the incoming US president will demand Nato member states increase defence spending to 5 per cent of GDP, but plans to continue supplying military aid…

Trump admits he would prefer to eliminate the debt ceiling under Biden so he can avoid taking the heat for more government borrowing

Trump admits he would prefer to eliminate the debt ceiling under Biden so he can avoid taking the heat for more government borrowing

The president-elect is hoping to avoid “extraordinary measures” that would push a deadline to default on the U.S.’s debt during the early months of his administration. Read More #Trump #admits #prefer #eliminate #debt #ceiling #Biden #avoid #heat #government #borrowing

Tata Steel faces €27 million fine, withdrawal of its permit over emission norm violations in Netherlands 

Tata Steel faces €27 million fine, withdrawal of its permit over emission norm violations in Netherlands 

Tata Steel faces a potential penalty of €27 million from the Dutch Environmental Service due to emissions violations at two of its plants in the Netherlands.  The company has been given eight weeks to significantly reduce emissions of harmful substances. If Tata Steel fails to comply, it may face fines up to €27 million. Dutch…

Easing Services Inflation Helped Slow Price Growth in November

Easing Services Inflation Helped Slow Price Growth in November

Services prices cooled off in November, helping to slow the overall pace of inflation. That subset of the indexes has been the driver of price growth in 2024, as wage growth has continued apace. Housing-related costs are also classified as services—and have been a particular source of upward pressure on inflation. Services prices in the…

Small business optimism soars in anticipation of Trump 2.0

Small business optimism soars in anticipation of Trump 2.0

A panel of small business owners discuss their outlooks for a second Trump administration during an appearance on ‘The Big Money Show.’ The anticipation of Donald Trump returning to the White House sparked a surge of optimism on Main Street, according to multiple post-election surveys. The NFIB’s latest Small Business Optimism Index jumped 8 points…

Analysis-Trump’s lawyers bring broad approach to court battles with media By Reuters

Analysis-Trump’s lawyers bring broad approach to court battles with media By Reuters

By Jack Queen and Helen Coster (Reuters) – President-elect Donald Trump is adopting a wide-ranging legal strategy in suing media companies over what he describes as false or misleading coverage about him, filing cases under civil anti-fraud laws in addition to defamation lawsuits. Some legal experts say the cases appear aimed at punishing outlets for…

Traditional annual performance review are outdated and uncomfortable, experts say

Traditional annual performance review are outdated and uncomfortable, experts say

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Rs 20,000 cr for energy, Rs 2,100 cr for smart meters, Rs 2,500 cr for cement biz: Adani’s big plans for Bihar

Rs 20,000 cr for energy, Rs 2,100 cr for smart meters, Rs 2,500 cr for cement biz: Adani’s big plans for Bihar

The Adani Group has announced several intended investments for Bihar, including in thermal power, smart meters, cement, logistics, gas distribution and agri-logistics sectors. The announcements were made by Pranav Adani, Managing Director (Agro, Oil & Gas) and Director of Adani Enterprises at the 2024 Bihar Business Connect investor summit on Friday.  “Nitish-ji, your vision and…

Stocks tanked after the Fed signaled fewer rate cuts next year. Here’s what Wall Street analysts see ahead.

Stocks tanked after the Fed signaled fewer rate cuts next year. Here’s what Wall Street analysts see ahead.

Federal Reserve Chair Jerome Powell surprised markets on Wednesday evening.Jacquelyn Martin/AP The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%. The central bank also projected two cuts next year instead of four, sending stocks tumbling. Many analysts see the reaction as overdone. The Federal Reserve cut its benchmark interest rate…

Big Lots to start holding ‘Going out of Business’ sales at remaining locations

Big Lots to start holding ‘Going out of Business’ sales at remaining locations

Patrick Industries CEO Andy Nemeth unpacks the future of the housing market on ‘The Claman Countdown.’ National retailer Big Lots, which is based in Columbus, Ohio, announced Thursday that it will begin having Going Out of Business (GOB) sales at all of its remaining stores. The retail chain also announced it does not anticipate completing…

US stock futures drop as Trump-backed spending bill fails to pass By Investing.com

US stock futures drop as Trump-backed spending bill fails to pass By Investing.com

Investing.com– U.S. stock futures fell in Asian trade on Friday after a spot-gap spending bill backed by President-elect Donald Trump was voted down in Congress, raising the prospect of a government shutdown.   fell 0.4% to 5,912.50 points, while fell 0.5% to 21,263.0 points by 22:10 ET (02:10 GMT). fell 0.3% to 42,661.0 points. Futures extended…

Trump-backed deal to avert government shutdown fails in first House vote

Trump-backed deal to avert government shutdown fails in first House vote

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US Congress has just 24 hours to find a deal to keep the government open after the House of Representatives voted down a funding bill on Thursday night despite support from Donald…

Nike’s new CEO says turnaround efforts may hurt in short term

Nike’s new CEO says turnaround efforts may hurt in short term

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‘Such a mess…’: Angry Goa homestay owner’s viral video after chaotic guests stay at Airbnb- WATCH

‘Such a mess…’: Angry Goa homestay owner’s viral video after chaotic guests stay at Airbnb- WATCH

 A video showcasing the aftermath of what a Goa homestay owner describes as a chaotic stay has gone viral on social media, sparking discussions about guest behaviour and property respect.   The clip, uploaded by the owner of The Golden Perch- a popular Airbnb rental- depicts a scene of disarray allegedly left by guests after…

FedEx to spin off its freight trucking business

FedEx to spin off its freight trucking business

By Lisa Baertlein and Abhinav Parmar (Reuters) -FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures its operations to focus on its core delivery business, sending shares in the parcel delivery giant up as much as 10% in after-hours trading. Analysts believe the spinoff could unlock up to $20…