Business

Healthcare Realty Trust reports Q4 FFO of $143.4 million, beating estimates, with revenue of $309.8 million. FFO for the year was $576.8 million, with revenue of $1.27 billion. The company expects full-year FFO in the range of $1.56 to $1.60 per share.

Published on: February 19, 2025, 12:05 PM UTC

Walmart shoppers prioritize low prices over product origin, despite concerns about tariffs impacting sales growth.

Published on: February 19, 2025, 12:05 PM UTC

Apple argues that UK regulator's proposed remedies for mobile browser market concerns could stifle innovation.

Published on: February 19, 2025, 12:03 PM UTC

Billionaire investor Bill Ackman's Pershing Square proposes to buy 10 million shares of Howard Hughes Holdings (HHH) at $90 each, giving it 48% ownership. Ackman plans to transform HHH into a diversified holding company like Berkshire Hathaway.

Published on: February 19, 2025, 12:02 PM UTC

Elon Musk is not in charge of the Department of Government Efficiency (DOGE), according to the White House. In an affidavit, a Trump administration official claimed Musk is merely a "senior adviser" with no actual authority to make government decisions.

Published on: February 19, 2025, 12:02 PM UTC

HSBC plans to cut thousands of jobs in the UK as it restructures and shifts its focus to China. The bank aims to reduce costs by $1.5 billion by next year, and the job cuts will primarily come from simplifying the organizational structure and reducing management layers. HSBC's focus on Asia, particularly China, is evident as it expands its wealth management presence in the region.

Published on: February 19, 2025, 12:01 PM UTC

Germany's biggest trading partner in 2024 was the U.S., displacing China. Despite overall economic challenges, Germany's trade with the U.S. increased, while exports to China declined.

Published on: February 19, 2025, 12:00 PM UTC

Social Security faces a funding shortfall with benefits exceeding tax revenue. Despite Elon Musk's claims of 150-year-old fraudsters, improper payments are minimal. Solutions include raising taxes, trimming benefits for high earners, or a comprehensive plan like Brian Riedl's. Musk's commission may be seeking savings to fund Trump's tax cuts, raising concerns among good-government watchdogs.

Published on: February 19, 2025, 11:02 AM UTC

Billionaire investor Bill Ackman's Pershing Square has submitted a revised bid to purchase 10 million newly issued shares of Howard Hughes Holdings (HHH) at $90 each.

Published on: February 19, 2025, 11:02 AM UTC

Glencore, a major FTSE 100 mining giant, is considering leaving the London Stock Exchange for a possible listing in New York, seeking a higher valuation.

Published on: February 19, 2025, 11:00 AM UTC