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COVID 19 Articles
US’s Reagan-era economic promises return as Trump’s AI-fueled growth fantasy
Republicans revive Reagan-era tax-cut promises, now framed around artificial intelligence, to address budget deficits. Financial markets remain skeptical as bond yields surge amid rising federal debt and unbalanced government finances.
Citroen revives the 2CV for an electric age
Citroen has unveiled an electric 2CV concept car at the Paris Motor Show, planning to bring a production version to showrooms by 2028 as it competes against Chinese EV manufacturers.
Thieves in Italy steal 30,000 bottles of wine worth €5m, reports say
Thieves stole 30,000 bottles of wine valued at approximately €5 million from a major Italian winery’s Tuscany storage facility, with at least seven masked men reportedly disabling security systems and loading two trucks with premium Tuscan reds.
France promises 3,000 extra teachers in bid to calm student protests
France’s education minister pledges 3,000 additional supply teachers as the government makes its first concession to ongoing high school student protests demanding greater educational resources.
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J.B. Hunt stock plunges 13% after company warns third-quarter earnings will fall
J.B. Hunt shares fell 13% after the trucking company projected third-quarter earnings would decline 5% to 10% due to elevated recruiting and fuel costs.
Strategy Stock’s 16% Jump Yesterday Traces Back to a House Committee Vote.
Strategy stock surged 16% to $154 on September 18 following a House committee vote on a federal Bitcoin reserve bill and SEC approval of tokenized stock trading platforms.
Wheaton’s (WPM) Profits Nearly Doubled While Its Cash Pile Shrank To $100M
Wheaton Precious Metals reported second-quarter net earnings of $543 million on record revenue, though the company took on significant debt to fund acquisitions and carries only $100 million in cash.
Republic Services (RSG) Is Winning On Price While Volumes Slip
Republic Services posted higher earnings per share despite lower volumes, driven by pricing that outpaced cost inflation, but the sustainability of this growth model remains uncertain.
Royal Caribbean’s (RCL) $1.25B Debt Deal Hides A Bigger Story
Royal Caribbean completed a $1.25 billion debt sale in August, refinancing floating-rate borrowings amid maturity obligations of $2.7 billion in 2027 and $3.4 billion in 2028.
Simon Property (SPG) Group Raised Its Outlook Again
Simon Property Group raised its full-year profit outlook after reporting stronger tenant sales and increased rental rates, though hedge fund ownership of the stock declined significantly.
Targa Resources (TRGP) Set a Record Quarter and Then Raised the Bar
Targa Resources reported record second-quarter adjusted EBITDA of $1.60 billion, up 38% year-over-year, driven by volume growth in Permian Basin natural gas and liquids processing.
80-year-old discount fashion chain closing 120 stores
The Cato Corporation, an 80-year-old discount fashion chain, plans to close 120 stores as it struggles against larger competitors like Ross Dress for Less and TJ Maxx amid consumer financial pressures.
Gianluigi Donnarumma interview: Man City goalkeeper insists club are not in a transition year and backs club to have a great season
Manchester City goalkeeper Gianluigi Donnarumma rejects suggestions the club is in transition, insisting the team has won objectives and backing them for a successful season following recent Manchester Derby victory.
Michael Carrick: Man Utd boss aiming to steer ship back on course at Fulham after back-to-back defeats
Manchester United manager Michael Carrick faces pressure after back-to-back defeats, including a home loss to Brighton. The club travels to Fulham on Sunday seeking to halt a concerning downward spiral.
BMW PGA Championship 2026: Rory McIlroy two off pace as Manuel Elvira and Filippo Celli share third-round lead at Wentworth
Manuel Elvira and Filippo Celli share the lead at 12 under par heading into the final round of the BMW PGA Championship at Wentworth, with Rory McIlroy two shots back after an eagle finish.
World Series of Darts Finals: Luke Littler threatens Netherlands tournament boycott after being booed and whistled at by Amsterdam crowd
Luke Littler advanced in the World Series of Darts Finals in Amsterdam despite facing hostile crowd behavior, threatening to boycott future Netherlands tournaments if conditions persist.