Pinterest stock sinks nearly 17% as tariffs hit earnings. Here’s what’s happening
[ad_1] Pinterest shares closed nearly 17% lower on Friday, after the company cited tariff-related shocks in disappointing fourth-quarter earnings. The social media company’s Q4 earnings came in below analysts’ expectations, with revenue of $1.32 billion compared with LSEG consensus estimates of $1.33 billion. Net income for the quarter plunged 85% to $277 million from $1.85 […]
Europe has ‘failed’ in the face of Trump and Putin’s ‘wrecking ball’ politics, top security official says
[ad_1] US President Donald Trump holds a bilateral meeting with European Commission President Ursula Von der Leyen on the sidelines of the United Nations General Assembly in New York City on September 23, 2025. Brendan Smialowski | Afp | Getty Images Europe is “totally on the sidelines” on the global stage as “wrecking ball” politics […]
Epstein files: Goldman Sachs top lawyer Kathryn Ruemmler to step down after email fallout
[ad_1] FILE PHOTO: White House counsel Kathryn Ruemmler listens as President Barack Obama speaks at an installation ceremony for FBI Director James Comey at FBI Headquarters in Washington, Monday, Oct. 28, 2013. Charles Dharapak | AP Top Goldman Sachs lawyer Kathryn Ruemmler said Thursday night that she will leave the investment bank at the end […]
U.S.–China proxy battle over Panama Canal ports set to intensify as CK Hutchison warns of legal action
[ad_1] This aerial view shows the Taiwanese cargo ship Yang Ming sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. Martin Bernetti | Afp | Getty Images Hong Kong’s CK Hutchison Holdings has threatened legal action against Danish shipping giant A.P. Moller-Maersk after Panamanian authorities tapped the […]
American Airlines flight attendants picket as CEO tries to calm frustrated employees
[ad_1] American Airlines flight attendants’ union held a picket outside the company’s headquarters on Thursday pushing for new leadership at the carrier, which has lagged rivals Delta Air Lines and United Airlines in profitability and punctuality. Ahead of the picket on Wednesday night, American CEO Robert Isom sought to calm frustrated employees and listed improvements […]
UK’s Schroders pops 28% on Nuveen takeover that’s set to create asset management giant
[ad_1] Schroders soared to the top of the Stoxx 600 on Thursday, hitting a 52-week high, after U.S. fund management giant Nuveen said it would buy the U.K.’s largest standalone asset management. The deal, sized at £9.9 billion ($13.5 billion), will create one of the world’s biggest asset management groups. Nuveen — the investment management […]
After weeks of tension, Trump is still talking tough on Iran. Here’s what could happen next
[ad_1] The prospect of a U.S. attack on Iran has roiled oil prices this year, but analysts tell CNBC a strike would require more military commitment and be more complicated, than the U.S. is prepared for. Stock Chart IconStock chart icon Brent crude April futures Tensions are high, and despite talks last week in Oman, […]
Restaurant Brands earnings top estimates as international Burger King restaurants fuel sales growth
[ad_1] Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped expectations, fueled by strong international growth. Here’s what the company reported for the period ended Dec. 31 compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: 96 cents adjusted vs. 95 cents expected Revenue: $2.47 billion […]
Mercedes shares fall 5% after full-year earnings halve on tariffs, China competition
[ad_1] The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by […]
Meet the high-profile Emirati business leader lawmakers are linking to Epstein ‘torture’ email
[ad_1] Jeffrey Epstein and Sultan Ahmed bin Sulayem, Group CEO of DP World. House Oversight Committee Democrats U.S. officials made new disclosures from the Epstein files on Monday, naming who they believe was the recipient behind a disturbing email sent by the deceased financier and sex criminal Jeffrey Epstein, in which he referenced a supposed […]