Cost Cutting

Business

Porsche's Electric Sports Car Ambitions Stall as Budget Pressures Mount

Under new CEO Michael Leiters, Porsche is reportedly considering axing its planned all-electric 718 Boxster and Cayman line. The potential move, driven by development hurdles and soaring costs, signals a strategic recalibration as the automaker grapples with a sales slowdown in China and the financial weight of revising its EV roadmap.

Feb 2, 2026

Business

ExxonMobil Posts Record 2025 Results, Cementing Its Dominance in the Oil Sector

The energy giant reported industry-leading earnings and cash flow, driven by record production and deep cost cuts, while returning billions to shareholders and outlining an ambitious growth plan through 2030.

Feb 2, 2026

Business

Grubhub Bets Big on Super Bowl Ad with Clooney, Announces Permanent Fee Waiver for Large Orders

In a major play to regain market share, Grubhub used its Super Bowl debut to announce it will permanently eliminate delivery and service fees on all restaurant orders over $50, absorbing the cost itself.

Feb 2, 2026

Business

LGI Homes Bets on Solar and Upgrades with New California Community Launch

Homebuilder LGI Homes is testing a higher-specification housing model with the launch of its Monte Vista community in Modesto, California. The new single-story homes come with significant included upgrades and integrated solar energy systems, signaling a strategic shift towards energy efficiency and long-term cost-conscious buyers.

Feb 2, 2026

Business

Goodyear Bets on Avon Revamp and Fights Tariffs in Bid to Shore Up Margins

Goodyear Tire & Rubber is overhauling its Avon Tyres brand and challenging U.S. tariffs in court, strategic moves analysts say are aimed at defending profitability amid cost pressures and competitive markets.

Feb 2, 2026

Business

Apple Poised for Strongest iPhone Growth in Years as Holiday Sales Surge, Google AI Partnership Looms

Buoyed by robust demand for its premium iPhone 17 Pro models, Apple is projected to report its highest quarterly iPhone sales increase in over four years. Analysts spotlight a pivotal AI deal with Google's Gemini as a key future growth lever, even as the tech giant navigates supply chain cost pressures.

Feb 2, 2026

Business

Vanguard Slashes Fees on Dozens of Funds, Intensifying Price War in Asset Management

The investment giant Vanguard has cut management fees on 53 of its mutual funds and ETFs, a move projected to save investors nearly $250 million in 2026 and marking the latest salvo in an industry-wide race to lower costs for everyday savers.

Feb 2, 2026

Business

Vanguard Slashes Fees Again: Investors to Save Nearly $600 Million as Fund Giant Flexes Scale

In a move that deepens its cost leadership, Vanguard has reduced expense ratios on dozens of funds, marking the second major round of cuts under CEO Salim Ramji and highlighting the intense pressure on fees in the asset management industry.

Feb 2, 2026

Business

Disney Posts Record Revenue Amid Streaming Spat, Tourism Dip; Stock Slips

The Walt Disney Company announced blockbuster quarterly earnings driven by historic box office and streaming performance, though profits were pressured by a resolved YouTube dispute, rising costs, and a broader slowdown in international travel to U.S. destinations.

Feb 2, 2026

Business

Social Security's 2026 COLA: A Raise That Doesn't Keep Up

Millions of seniors received a 2.8% Cost-of-Living Adjustment this January, but soaring Medicare premiums and a flawed inflation formula mean their real purchasing power continues to erode, highlighting a systemic crisis for retirees.

Feb 2, 2026

The Silent Strain: How Homeownership Can Quietly Drain Your Finances

For many Americans, the dream of homeownership is masking a harsh financial reality. Experts warn that being 'house poor'—where housing costs consume an unsustainable portion of income—is a growing, often unnoticed, threat to financial health and personal well-being.

Feb 2, 2026

Business

Income Shift: Three Vanguard Dividend ETFs Gaining Favor as Retirement Portfolios Rotate

As market leadership broadens beyond tech, income-focused investors are turning to high-yield dividend ETFs. Vanguard's suite offers diversified, cost-effective options for building retirement income streams in a changing landscape.

Feb 2, 2026

Business

The Silent Thief: Why Inflation Poses a Unique Threat to Retirees and How to Fight Back

For those on a fixed income, inflation isn't just an economic indicator—it's a direct assault on financial security. Experts warn that failing to plan for rising costs can halve a retiree's purchasing power over decades. Here’s a strategic guide to building a resilient portfolio.

Feb 2, 2026

Business

Tyson Foods Soars on Chicken Demand, Weathers Beef Market Turmoil

Tyson Foods Inc. surpassed quarterly profit expectations, driven by resilient consumer demand for chicken. This strength helped offset significant challenges in its beef division, where historic herd shortages and soaring costs have reshaped the meat industry's landscape.

Feb 2, 2026

Business

Kimberly-Clark Shares Get a Lift as UBS Analyst Raises Price Target Following Solid Earnings

UBS analyst Peter Grom increased his price target for Kimberly-Clark (KMB) to $110, citing steady core performance despite lingering Kenvue-related uncertainties, after the consumer goods giant reported better-than-expected quarterly profit driven by cost discipline and resilient demand.

Feb 2, 2026

World

A Nation Preparing for the Inevitable: Zimbabwe's Funeral Insurance Boom Overshadows Healthcare Crisis

In Zimbabwe, where formal employment is scarce and medical costs are prohibitive, a stark financial choice is being made: affordable funeral policies are vastly outpacing health insurance, reflecting a cultural prioritization of dignified burials over accessible healthcare.

Feb 2, 2026

Business

Disney's Q1 Earnings: Theme Parks and Streaming Drive Revenue Growth, But Linear TV Weakness Weighs on Profits

The Walt Disney Company reported a 5% rise in fiscal first-quarter revenue to $26 billion, fueled by its theme parks and streaming services. However, operating profit fell 9% as challenges in its traditional TV business and rising costs offset gains.

Feb 2, 2026

Business

Disney Q1 Earnings Beat Estimates Despite $110M YouTube TV Blackout Hit; Succession Decision Looms

The Walt Disney Company posted stronger-than-expected fiscal first-quarter results, with revenue climbing to $25.98 billion. However, a costly autumn carriage dispute with YouTube TV shaved $110 million from operating income, even as the company's Experiences division and streaming services showed robust growth. All eyes are now on the board's imminent decision on CEO Bob Iger's successor.

Feb 2, 2026

Business

Toast's Stock Plunge: A Buying Opportunity or a Red Flag for Investors?

Shares of restaurant software leader Toast have tumbled over 37% in six months. While strong recurring revenue and solid growth forecasts provide a bullish case, concerns over customer acquisition costs paint a more complex picture for potential investors.

Feb 2, 2026

Business

Bitcoin Tumbles Below $76,000, Triggering Over $2 Billion in Liquidations

A sharp weekend sell-off pushed Bitcoin below a key cost basis for major holders, liquidating leveraged bets and rattling a market already on edge from cooling ETF inflows and heightened leverage.

Feb 2, 2026