Tag: adventure

Advantest raises profit forecast on surging demand for chip-testing tools amid AI boom. Operating income for the fiscal year ending March 2023 is now projected at 226 billion yen ($1.46 billion), up 37%.

Published on: January 29, 2025, 09:00 AM UTC

Confusion in Washington as White House partially walks back order to freeze government spending. Medicaid, Head Start programs temporarily impacted. Federal judge blocks funding halt, setting stage for legal showdown over presidential power.

Published on: January 29, 2025, 06:01 AM UTC

Australia's core inflation eased in Q4 2024, boosting expectations for an interest rate cut as early as next month. The trimmed mean gauge of consumer prices rose by 3.2%, below forecasts, leading to a decline in the currency and government bond yields. Economists now predict rate cuts in February or April, while the RBA signals confidence in inflation returning to target within a reasonable timeframe. Despite elevated services prices, a decline in non-discretionary goods and services suggests a shift in consumer spending.

Published on: January 29, 2025, 04:01 AM UTC

Bank of Japan documents reveal doubts about former Governor Haruhiko Kuroda's aggressive stimulus program, with policymakers split on its effectiveness and potential risks.

Published on: January 29, 2025, 04:00 AM UTC

Starbucks aims for a comeback, despite mixed results in the first quarter of fiscal year 2025, including declining same-store sales and foot traffic, but positive signs in key areas.

Published on: January 29, 2025, 01:01 AM UTC

A federal judge has temporarily blocked the Trump administration from halting federal grants, loans, and other assistance to various programs nationwide. The decision came in response to lawsuits filed by nonprofits and nearly two dozen states challenging the directive.

Published on: January 29, 2025, 12:00 AM UTC

Target's recent rollback of diversity, equity, and inclusion initiatives raises questions about its philanthropic commitment to fighting racial disparities. The company has made significant donations to organizations supporting Black economic empowerment and LGBTQ+ acceptance, but some now wonder if these remain a priority. Target's changes align with a conservative backlash against DEI efforts, and philanthropic advisors say it may cool support from some funders. The move has also influenced how Target partners with organizations, with some choosing to end relationships due to the company's shift in priorities.

Published on: January 28, 2025, 11:03 PM UTC

On Tuesday, the S&P 500 surged 0.9%, while Royal Caribbean shares skyrocketed 12% after reporting upbeat profits and a positive 2025 forecast.

Published on: January 28, 2025, 11:00 PM UTC

Nextracker Inc. (NXT) reported fiscal third-quarter net income of $115.3 million, exceeding Wall Street expectations.

Published on: January 28, 2025, 10:08 PM UTC

Renasant Corp. reported fourth-quarter earnings of $44.7 million, beating Wall Street expectations. The bank posted $259.6 million in revenue.

Published on: January 28, 2025, 10:05 PM UTC