Concerns raised over use of travel data in determining whether people are ‘continuously’ in UK, after HMRC fiasco Ministers are to start removing post-Brexit residency rights from EU citizens who are no longer “continuously” living in the UK. The initiative is legal under the 2020 Brexit withdrawal agreement but the decision to use travel data to partially determine absences has raised concerns fo...
Concerns raised over use of travel data in determining whether people are ‘continuously’ in UK, after HMRC fiasco Ministers are to start removing post-Brexit residency rights from EU citizens who are no longer “continuously” living in the UK. The initiative is legal under the 2020 Brexit withdrawal agreement but the decision to use travel data to partially determine absences has raised concerns following the HMRC fiasco that saw almost 20,000 parents stripped of child benefits because of inaccurate Home Office border data. Continue reading...
After finishing 2025 with a gain of 16.4%, the S&P 500 (SNPINDEX: ^GSPC) did not see its best performance in the first three months of 2026. The index declined by 4.6% -- its worst quarterly period since the third quarter of 2022. As the stock market's most-followed index, the S&P 500 is always under a microscope. And although it didn't have as rough a quarter as some Nasdaq indexes like the Nasda...
After finishing 2025 with a gain of 16.4%, the S&P 500 (SNPINDEX: ^GSPC) did not see its best performance in the first three months of 2026. The index declined by 4.6% -- its worst quarterly period since the third quarter of 2022. As the stock market's most-followed index, the S&P 500 is always under a microscope. And although it didn't have as rough a quarter as some Nasdaq indexes like the Nasdaq Composite and Nasdaq-100 , any time you have your worst performance in a few years, it's worth taking a deeper look at what caused it and what takeaways investors should draw. Image source: Getty Images. Continue reading
watch now VIDEO 4:45 04:45 Redwire CEO on the company's role in the historic Artemis II moon mission Morning Call The four Artemis II astronauts, returning from the world's first crewed moon voyage in over half a century, hurtled back toward Earth on Friday aboard their gumdrop-shaped Orion spacecraft, headed for a splashdown in the Pacific Ocean off Southern California. The finale to NASA's cele...
watch now VIDEO 4:45 04:45 Redwire CEO on the company's role in the historic Artemis II moon mission Morning Call The four Artemis II astronauts, returning from the world's first crewed moon voyage in over half a century, hurtled back toward Earth on Friday aboard their gumdrop-shaped Orion spacecraft, headed for a splashdown in the Pacific Ocean off Southern California. The finale to NASA's celebrated 10-day mission was expected to begin with separation of Orion's crew capsule from its service module, followed by a fiery re-entry through Earth's atmosphere and a six-minute radio blackout before the capsule parachutes into the sea. If all goes well, U.S. astronauts Reid Wiseman, Victor Glover and Christina Koch, along with Canadian astronaut Jeremy Hansen, will end up bobbing safely in the ocean aboard their Orion capsule, dubbed Integrity, shortly after 8 p.m. ET (0000 GMT) off the coast of San Diego. The quartet blasted off from Cape Canaveral, Florida, on April 1, lofted into an initial Earth orbit by NASA's giant Space Launch System rocket before sailing on around the far side of the moon, venturing deeper into space than any humans before them . In this handout image provided by NASA, The Artemis II crew – (clockwise from left) Mission Specialist Christina Koch, Mission Specialist Jeremy Hansen, Commander Reid Wiseman, and Pilot Victor Glover – pause for a group photo inside the Orion spacecraft on their way home. Following a swing around the far side of the Moon on April 6, 2026, the crew exited the lunar sphere of influence on April 7, and are headed back to Earth for a splashdown in the Pacific Ocean on April 10. NASA | Getty Images Stepping stone to Mars In so doing, they became the first astronauts to fly in the vicinity of the moon since the Apollo program of the 1960s and '70s. Glover, Koch and Hansen also made history as the first Black astronaut, the first woman and first non-U.S. citizen, respectively, to take part in a lunar mission. The voyage,...
Earnings Call Insights: FGI Industries Ltd. (FGI) Q4 2025 Management View “Our fourth quarter results reflect the strategic investments we’ve made in our organic growth initiatives across our brands, products and channels or BPC strategy,” said CEO David Bruce, while noting “the broader industry navigated a fluid environment following the Supreme Court decision in February and subsequent tariff ac...
Earnings Call Insights: FGI Industries Ltd. (FGI) Q4 2025 Management View “Our fourth quarter results reflect the strategic investments we’ve made in our organic growth initiatives across our brands, products and channels or BPC strategy,” said CEO David Bruce, while noting “the broader industry navigated a fluid environment following the Supreme Court decision in February and subsequent tariff actions.” “When evaluating our fourth quarter revenue of $30.5 million, it is important to consider 2 primary factors: prior year comparatives” and “tariff headwinds,” with Bruce adding that tariff-driven uncertainty “impacted volumes in our sanitaryware and shower systems businesses despite positive underlying demand trends.” “Our gross margin expanded by 210 basis points to 26.7% this quarter, driven by the better relative performance of our higher-margin businesses,” Bruce said, alongside a portfolio message: “we continue to high-grade our portfolio.” “While we saw temporary revenue pressure in the U.S., Canada and Europe, our geographic expansion into India and our continued growth in Covered Bridge Kitchen Cabinetry hold significant promise for driving growth in the coming quarters,” Bruce said. “We are providing our 2026 guidance as follows: our revenue guidance is $134 million to $141 million,” said CFO Jae Chung. Outlook “We are providing our 2026 guidance as follows: our revenue guidance is $134 million to $141 million,” Chung said, adding, “The adjusted operating income guidance is $0.7 million to $2.5 million. The adjusted net income guidance is a loss of $0.3 million to a positive $1.1 million.” “Please note that the guidance for adjusted operating income excludes certain nonrecurring items,” Chung said, and “Adjusted net income excludes certain nonrecurring items and includes an adjustment for minority interest.” Prior-quarter comparison was not possible because the prior-quarter transcript was not provided beyond “not available.” Financial Results “For the fourt...
Tesla’s (NASDAQ: TSLA) stock is down 24% this year against a flat S&P. This is worse than Microsoft (NASDAQ: MSFT), which is in the AI doghouse–down 23%. The reason for the crater is also AI. Tesla’s Q1 deliveries rose 6% to 358,023. This was shy of expectations. Production reached 408,386. This caused concern that Tesla ... Tesla’s 25% Sell-Off
Tesla’s (NASDAQ: TSLA) stock is down 24% this year against a flat S&P. This is worse than Microsoft (NASDAQ: MSFT), which is in the AI doghouse–down 23%. The reason for the crater is also AI. Tesla’s Q1 deliveries rose 6% to 358,023. This was shy of expectations. Production reached 408,386. This caused concern that Tesla ... Tesla’s 25% Sell-Off