Tag Archives: spending

[unable to retrieve full-text content]Meta’s AI spending tests Facebook’s growth-first playbook  Yahoo Finance Source link

[unable to retrieve full-text content]Meta’s Zuckerberg can’t calm Wall Street’s nerves on AI spending, stock falls 10%  Yahoo Finance Source link

[unable to retrieve full-text content]After spending $1.5 billion, the centerpiece of Paris’s Olympic efforts may still be too filthy to use  Yahoo Sports Source link

[unable to retrieve full-text content]Facing revolt, GOP spares ethanol in drive to cut spending  Yahoo News Source link

[unable to retrieve full-text content]Target Q4 earnings beat estimates, CEO strikes a cautious tone as consumer spending shifts  Yahoo Finance Source link

For the next few months, there will be much earnest reporting from Washington, D.C., about “negotiations” on the debt-ceiling standoff. House Republicans, led by Speaker Kevin McCarthy, will demand government spending cuts as a condition of raising the debt ceiling and allowing more federal borrowing so the Treasury can keep paying the nation’s bills. President Biden and his fellow Democrats will insist on a “clean” debt-ceiling hike with no conditions. News headlines will… Source link

A pedestrian strolls on the Google campus in Mountain View, California, on Jan. 27, 2022. David Paul Morris/Bloomberg via Getty Images Change to bonuses addresses 2023 uncertainty Google employees who qualify for bonuses will get 80% of the sum in January, with the remainder coming in March or April, according to a memo obtained by CNBC. That’s a departure from Google’s typical practice of delivering full checks in January. A Google spokesperson said it “extensively” communicated that… Source link

High prices mean Canadians are planning on spending less during the holiday season this year. (THE CANADIAN PRESS/Justin Tang) One in three Canadians say they will spend less over the holiday season this year, as high prices force them to scale back on shopping and gift giving, a new Yahoo/Maru Public Opinion poll has found. The survey of 1,522 Canadians released on Friday found that 30 per cent of respondents will be spending less over the holidays this year as inflation continues to force… Source link

For British luxury automaker Bentley (VOW.DE), 2022 may leave a strong 2021 in the dust. Through the first nine months of 2022, Bentley reported record operating profit of €575 million ($577,129,608), more than double the amount from a year ago. The previous full-year record high for operating profit was €389 million ($383,651,250.00). Revenue through the first nine months came in at €2.490 billion ($2,455,762,500.00), a jump of 28% from a year ago. For Bentley CEO Adrian Hallmark, the… Source link

American Express (AXP) CEO Stephen Squeri has a message for investors sending the stock lower on Friday following the company’s third-quarter earnings release: Read the release again. “We’re not seeing any changes in consumer spending,” Squeri told Yahoo Finance. “We have strong credit quality.” The CEO also addressed concerns about a business slowdown should a recession materialize. “If anything changes, we have plans in place to pivot,” Squeri added. “If I didn’t say that, you would think I… Source link