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Adidas Raises Annual Profit Forecast
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Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - Business -
Second-hand fashion site Vinted posts first annual profit
Europe’s largest digital marketplace for used clothes boosted by rapid revenue growthFinancial Times - Business -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped more than 3% Friday after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.MarketWatch - Business -
Airbus posts drop in earnings raising fears it may struggle to profit on Boeing’s woes
Airbus posted a 25% drop in earnings as higher costs eroded its margins, even as its sales increasedMarketWatch - Business -
How to Raise Housing Costs
California shows the way.The Wall Street Journal - World -
Forecasters predict record number of hurricanes
Weather forecasters at the University of Pennsylvania predicted a record hurricane season for 2024 on Thursday, a “hyperactive” season that could threaten the Gulf Coast. The Penn forecast predicts between 27 and 39 named tropical storms, with the ...The Hill - Politics -
The German parliament votes for an annual veterans' day to honor military service
The German parliament has voted to introduce an annual national “veterans’ day” to honor people who have served in the military, which often has struggled to gain recognition in the countryABC News - World -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics
More from The Wall Street Journal
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A Media Heiress's Bid to Sell Sets Off Mayhem Inside Paramount
The storied Hollywood company behind ‘The Godfather’ faces its biggest battle yet as Shari Redstone’s merger plans collide with shareholder fury and a CEO on the outs.The Wall Street Journal - Business -
Paramount Global CEO Bob Bakish Steps Down
The entertainment giant will put in place an “Office of the CEO” through which three division heads will oversee the company.The Wall Street Journal - Business -
A Massive U.S. Nuclear Plant Is Finally Complete. It Might Be the Last of Its Kind.
Cost overruns and delays at Southern Co.’s Plant Vogtle pushed U.S. nuclear power in a different direction.The Wall Street Journal - Business -
FCC Fines Wireless Carriers for Sharing Customer Data
Agency says four carriers sold access to customers’ location data to aggregators.The Wall Street Journal - Business -
L'Occitane Owner Offers Buyout That Values Company at €6 Billion
The Luxembourg-based and Hong Kong-listed cosmetics company said that the offer from L’Occitane Groupe, Geiger’s holding company, to buy the remaining shares would cost €1.7 billion.The Wall Street Journal - Business