WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped to the lowest level in nearly two years in October, likely as a rise in mortgage rates drove buyers to the sidelines and hurricanes disrupted activity. New home sales plunged 17.3% to a seasonally adjusted annual rate of 610,000 units last month, the lowest level…
ZURICH (Reuters) – Nestle (NS:NEST) needs to take action on prices to encourage consumers to buy its goods, Chairman Paul Bulcke was quoted as saying on Tuesday following a challenging phase for the company that saw the departure of its CEO earlier this year. New CEO Laurent Freixe took the reins at Nestle in September,…
By Michelle Price WASHINGTON (Reuters) – President-elect Donald Trump is expected to overhaul U.S. financial regulators, which under Democratic President Joe Biden have pursued a slew of stringent new rules for banks, private funds and other lenders. Here’s how Trump could take control of the agencies upon taking office. US SECURITIES AND EXCHANGE COMMISSION The…
MOSCOW (Reuters) – Russian state-controlled gas giant Gazprom (MCX:GAZP) is making the assumption that no more gas will flow to Europe via Ukraine after Dec. 31 in its internal planning for 2025, a person familiar with the plans said. Kyiv has said it wants to end the transit deal, which will bring an end to…
By Doyinsola Oladipo NEW YORK (Reuters) – U.S.-based travel companies, from Marriott International (NASDAQ:MAR) to Booking Holdings (NASDAQ:BKNG) are trimming their budgets and workforce ahead of next year as falling leisure travel demand from lower-income travelers hits top-line growth. Diminished demand for budget hotels reduced growth in the hotel business in 2024, and that trend…
Small business owners have had a mostly positive reaction to a judge’s decision to strike down an overtime rule that would have qualified more workers for overtime pay. On Nov. 15, a federal judge in Texas blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more…
NFL Week 13 Power Rankings 2024: How all 32 teams stack up play Rex Ryan: The Chiefs aren’t as good as their record says (2:22) Rex Ryan explains why he isn’t buying the Chiefs despite the fact that they have only one loss this season. (2:22) NFL Nation, ESPNNov 26, 2024, 07:00 AM ET Email…
NFL Week 12: C.J. Stroud’s struggles, Saquon Barkley for MVP Ben Solak, ESPNNov 26, 2024, 06:25 AM ET Close Ben Solak joined ESPN in 2024 as a national NFL analyst. He previously covered the NFL at The Ringer, Bleeding Green Nation and The Draft Network. Email Print Well, we are two-thirds of the way through…
Inside San Jose State’s polarizing volleyball season The San Jose State Spartans volleyball team garnered more national headlines this season than ever before, but it wasn’t for their play on the court. AP Photo/Eakin Howard Katie Barnes, ESPN.comNov 26, 2024, 07:00 AM ET Close Katie Barnes is a writer/reporter for ESPN.com. Follow them on Twitter at…
Investing.com — Boeing’s operational recovery is gaining traction following disruptions caused by a recent strike, according to Bank of America analysts in a note Tuesday. In a note, BofA highlighted key signs of improvement in the aerospace giant’s production and delivery operations. The bank, citing Aero Analysis Partners/AIR (AAP/AIR), said: “In the past week alone, the…
