Recent Posts

Is Trump plotting to blow up constitution?

  The must-read reporting over the weekend was Jonathan Swan’s series at Axios exploring the efforts of former President Donald Trump’s supporters and other Trump-friendly Republicans to prepare to staff a potential Trump second term. During the presidential nomination competition in 2015-2016, Republican party actors generally opposed Trump, in part because they considered him a risky general election candidate and ...

Read More »

Walmart tumbles as discounts spur new cut to profit forecast

Lead walmart copy

  Bloomberg Walmart Inc cut its profit outlook again in a surprise warning weeks ahead of its earnings report, sending retailer shares tumbling and raising new questions about US consumers’ ability to sustain their voracious spending habits with inflation at a four-decade high. Adjusted earnings per share will fall as much 13% in the current fiscal year as US shoppers ...

Read More »

EasyJet takes £133m hit on summer travel chaos

British low cost airline easyjet

Bloomberg EasyJet Plc said disruption to travel driven by staff shortages, soaring demand and caps on airport capacity forced it take a £133 million charge in the fiscal third quarter, while stating operations would now be smoother over the peak summer period. The UK low-cost carrier still operated 95% of its planned schedule in the three months through June despite ...

Read More »
Send this to a friend