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Airbus posts drop in earnings raising fears it may struggle to profit on Boeing’s woes
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Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that
Europe’s Airbus had established a clear sales lead over Boeing even before the American company encountered more fallout from manufacturing troubles and ongoing safety concernsABC News - World -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
Berkshire Reports Strong Earnings and Formidable Cash Stockpile
The company also disclosed in its first-quarter earnings that it had trimmed its stake in Apple, but Warren Buffett, its C.E.O., said he remained a fan of Apple.The New York Times - Business -
Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business -
Add More Star Wars To Fortnite With New Twitch Drops For May The Fourth
Fortnite is going all-in on May the Fourth this year with new Star Wars crossover characters, quests, and items. But in addition to all the in-game stuff you have to pay for or play to earn, you can also get a a few free digital goodies as Twitch ...GameSpot - Tech -
Final local results to be declared as Conservatives pick over bleak showing
The Tories lost more than 450 council seats and Labour grabbed a close win in the West Midlands.BBC News - Top stories
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Morgan Stanley’s Mike Wilson offers a playbook to cope with the cautious consumer
Morgan Stanley’s chief investment officer says investors need to lean on consumer staple companies in hard times.MarketWatch - Business -
Freshpet’s stock jumps toward a multiyear high after an unexpected quarterly profit
Freshpet’s stock ran up in premarket trading Monday, heading toward a high not seen since 2021, after the dog- and cat-food company reported a surprise first-quarter profit, citing to higher sales, improved gross margin and lower logistics costs.MarketWatch - Business -
Spirit Airlines’ stock slides premarket after posting wider-than-expected first-quarter loss
Airline is now focused on its future as a standalone business after its planned merger with JetBlue was called off in March.MarketWatch - Business -
Oil kicks off week with gains after Saudi Arabia raises prices to Europe, Asia
Oil prices attempt to claw back some of last week’s decline after Saudi Arabia raises crude prices.MarketWatch - Business -
‘I wonder if he’s on commission’: A psychiatrist online prescribed me Prozac, punched the air in celebration — and suggested I have a beer. Is this normal?
“I processed a $50 copay, and attended my appointment with the psychiatrist. It went fast, and every time I asked a question about antidepressants, he popped a medical study in the chat box.”MarketWatch - Business