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Canadian National Railway profit falls short of estimates

Canadian National Railway Co. (CNI) reported fourth-quarter profit of $819.1 million, below analysts' expectations of $1.37 per share. However, revenue of $3.11 billion exceeded forecasts of $3.07 billion. For the year, CNI reported profit of $3.25 billion.

European Economies Contract at Year-End as Confidence Sours

Europe's largest economies, Germany and France, saw their GDP contract in Q4 2024 due to political turmoil and weakening consumer and business confidence. The ECB is expected to cut interest rates to boost growth amidst inflation concerns, while analysts remain skeptical about the impact of upcoming elections in Germany and France on economic recovery.

Starbucks CEO Brian Niccol Promises Caffeinated Growth

Starbucks CEO Brian Niccol outlines plans for growth, including improving sales trends, mobile ordering, and customer experience. Despite challenges in China and declining same-store sales, investors remain optimistic after better-than-expected earnings, as the company focuses on returning to growth.

Oil Steady as Market Weighs Tariffs and Stockpiles

Oil held steady as the impact of Trump's tariff plan on US crude imports and inventories was weighed. Brent traded over $77, while WTI hovered around $74 despite a 2.86 million barrel increase in US commercial inventories last week.

Trump's Tariff Threats Prompt Taiwan to Defend 'Win-Win' Semiconductor Model

Taiwan's economy ministry says the semiconductor business between Taiwan and the US is a "win-win" model, responding to tariff threats from US President Donald Trump.

Casual Dining Companies Compete for Special Occasion Dining

Casual dining chains are competing to become the go-to for special occasions as consumers return to pre-COVID habits. Chili's, Olive Garden, and Texas Roadhouse are among the top players trying to gain market share in the fragmented industry. Brands that use scale, marketing, and technology to boost their competitive advantage have big market share opportunities.

Trump Promises Relief for Nevada Hospitality Workers, Excluding Tips from Taxes

President Trump visits Las Vegas to discuss eliminating federal taxes on tips, part of a campaign promise expected to resonate in the gambling and hospitality hub.

The Impact of Trump's Tariff Policy on the US Dollar Index

The US dollar retreated from near two-year highs after President Trump said he would "rather not" impose tariffs on China. Despite the recent decline, analysts argue it remains sensible for the market to continue to price in tariff risk when it comes to the dollar.

Retailers Brace for Trump's Return: Tariffs, Price Hikes, and Supply Chain Diversification

Retail CEOs are better equipped to deal with tariffs this time around as Trump retakes the Oval Office. They've diversified supply chains, negotiated with suppliers, and are prepared to navigate a more volatile environment.

Zijin Mining Buys $1.9 Billion Stake in Lithium Miner

Chinese copper and gold miner Zijin Mining Group agrees to buy around a quarter of lithium and potash producer Zangge Mining Co. for $1.9 billion.