Author: Reputation Poll Staff

 Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs. Chief Executive Makoto Uchida said he was taking a 50% pay cut to take responsibility for the dismal results, while promising that a turnaround was coming. Nissan Motor Corp. announced a global workforce reduction of 9,000 people, or about 6% of its more than 133,000 employees, as well as a plan to slash global production capacity by 20%. Uchida declined to say which regions will be affected by the cuts or give specifics.…

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing costs just two days after the victory of President-Elect Donald Trump. The move comes two months after the Fed cut its benchmark interest rate a half of a percentage point, dialing back its yearslong fight against inflation and delivering relief for borrowers saddled with high costs. Speaking at a press conference in Washington, D.C. on Thursday, Fed Chair Jerome Powell voiced optimism about the prospects for achieving a “soft landing,” in which the U.S. averts a recession while inflation…

The U.S. stock market soared at the open of trading on Wednesday morning, just hours after former President Donald Trump declared victory in the U.S. presidential election. The Dow Jones Industrial Average climbed more than 1,300 points, amounting to a nearly 3% rise in the index. The S&P 500 and the tech-heavy Nasdaq each jumped more than 2%. Shares of Trump’s media company, Trump Media & Technology, surged about 17% to $39 a share. The early indicators appeared to show Wall Street’s somewhat bullish view of a second term for Trump. Shares of Tesla, the electric vehicle company headed by Trump…

One year into his tenure with the Padres, Mike Shildt has been rewarded with a two-year contract extension that ties the manager to San Diego through 2027. The Padres announced the agreement Wednesday with the 56-year-old manager after they went 93-69, finishing five games behind the eventual World Series champion Los Angeles Dodgers in the National League West and claiming the top NL wild card. “I am honored to continue leading this team toward Peter Seidler’s vision of bringing a World Series championship to San Diego,” Shildt said in a statement. “In collaboration with our players and coaching staff, we are committed to building on…

Edmonton Oilers superstar Connor McDavid is ready to return to the lineup Wednesday against the visiting Vegas Golden Knights. McDavid initially was expected to miss two to three weeks after injuring his ankle during his first shift against the Columbus Blue Jackets on Oct. 28. The three-time Hart Trophy recipient, however, sat out his team’s next three games before participating in Wednesday’s morning skate on a line with Zach Hyman and Jeff Skinner. “I feel good,” McDavid said after the morning session. “Looking forward to going and getting back in there.” McDavid, 27, is tied with a team-high seven assists to go along with three goals in…

Philadelphia 76ers center Joel Embiid was suspended by the NBA on Tuesday for three games without pay for shoving a member of the media. Embiid’s suspension will begin with the next regular-season game for which he is eligible and able to play. The 2023 NBA MVP has yet to play this season because of what the 76ers call left knee management. The Sixers begin a road trip in Los Angeles against the Clippers on Wednesday night. Embiid shouted at and eventually shoved a newspaper columnist in a locker room altercation Saturday night. “Mutual respect is paramount to the relationship between players…

President-elect Donald Trump’s election victory is already beginning to elicit requests from his supporters charged in the Jan. 6 attack on the U.S. Capitol for delays in their cases due to the potential they could be pardoned after Trump’s inauguration. Attorneys for Christopher Carnell, a 21-year-old defendant from North Carolina who was found guilty earlier this year of felony and misdemeanor charges over his participation in the Capitol assault, requested Wednesday morning that D.C. District Judge Beryl Howell delay a status hearing in his case scheduled for later this week, citing Trump’s past promises to pardon his supporters. “Throughout his campaign, President-elect Trump made…

Former President Donald Trump is projected to win the presidential race by ABC News, defeating Vice President Kamala Harris in a frenzied contest to stage an improbable historic comeback. Trump ended up with at least 279 electoral votes after clinching wins in the swing states of Pennsylvania, Georgia and Wisconsin. Harris has won at least 219 votes. The race was marked by literal history, including two assassination attempts and 34 felony convictions against Trump, already having been impeached twice and faulted for mismanaging the COVID-19 pandemic response. Maybe even more memorable was President Joe Biden’s decision to drop out of the race after a…

The 17-year-old midfielder curled in a superb first-half effort after Gabriel Jesus’ first goal since January had set Arsenal on their way. Substitute Kai Havertz rounded off the scoring after the break for the Gunners, who will face Crystal Palace at home in the quarter-finals in the week commencing 16 December. Academy product Nwaneri, who registered his first senior goals in the 5-1 win over Bolton in the previous round of the competition, also hit the crossbar on Wednesday and was serenaded by the visiting fans after being substituted late on. “He’s a big talent, he’s got the right attitude and he’s…

A topsy-turvy game was turned upside down at its halfway point as the Dodgers exploited Yankees fielding errors in the top of the fifth inning to level the scores. “We just took advantage of every mistake they made in that inning and scored five runs,” left fielder Teoscar Hernandez said. “The bullpen and the pitching staff gave us the chance to stay in the game. It’s a dream come true.” It is a second title in five years for the National League champions, who had previously won in the Covid-shortened 2020 season. Facing elimination, the Yankees came out swinging in…