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Alstom to Cut Costs, Forecasts Higher Profits
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JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business -
Brazil's government hikes 2024 GDP forecast, sees higher inflation, terminal rate
Yahoo News - World - Brazil -
European utilities cut renewable targets as high costs and low power prices bite
Trend of scaling back and reviewing plans highlights difficult economics of transitioning away from fossil fuelsFinancial Times - Business -
The Northern Lights Forecast in the U.K.
Sightings of the aurora borealis are unlikely in the U.K. this weekend, but the northern lights could return on Monday, forecasters said.The New York Times - World -
The Cost of Competing With China
The Biden administration is betting that new China tariffs will be politically popular, even if they could slow the transition from fossil fuels.The New York Times - Top stories - China -
Denmark Raises Growth Forecast as Novo Expands Output
Yahoo News - World -
Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
New EY Report Forecasts 2024 Deals Rebound
Despite stubborn interest rates, mergers and acquisitions could rebound dramatically from the drop off that characterized last year.Inc. - Business
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Kate Middleton Favors This British Brand. Now It's Coming for Americans.
Smaller European companies are embracing the U.S. as online sales help pinpoint the most promising locations for stores.The Wall Street Journal - Business -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - Business - Tesla -
The 84-Year-Old Man Who Saved Nvidia
It’s a $2 trillion company today. It wouldn’t exist without someone known as Irimajiri-san.The Wall Street Journal - Business -
The Executive Who Revived Barbie Has a New Long-Shot Mission: Save Gap
CEO Richard Dickson is trying to make the clothing company cool again—one hoodie at a time.The Wall Street Journal - Business -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business