Dow Jones Newswires Volvo Q4 Net Profit Dips to $6485 Million As Costs Jump
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European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - World -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - Business -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Korean chip maker SK Hynix returns to net profit after five-quarter losing streak
SK Hynix returned to a net profit in the first quarter after a five-quarter losing streak, continuing to ride the artificial-intelligence boom that boosts demand for more advanced and high-end memory chips.MarketWatch - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Nets' Fernandez: Retaining Claxton a 'priority'
New Brooklyn Nets coach Jordi Fernandez wasted no time making his feelings known about the roster -- and, specifically, the status of unrestricted free agent center Nic Claxton, who Fernandez said was a "priority" to retain in free agency.ESPN - Sports -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Biden eyes Latino vote amid jump in Trump support
President Biden and his reelection campaign clearly state they need Latino support this November. However, several polls in recent months have revealed an increasing number of Latino voters preferring former President Donald Trump. CBS News ...CBS News - Top stories - Joe Biden -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - Business -
Erik Jones to miss time after fracturing back in crash at Talladega
Jones suffered a compression fracture in his lower vertebra after a vicious head-on hit into the turn 3 wallCBS Sports - Sports -
Party Like It’s 1989
In the 1980s and ’90s, Dafydd Jones’s party shots captured Manhattan’s rich and powerful.The New York Times - Lifestyle -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
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 -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
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 -
Long-Lost Klimt Painting Sells for $37 Million at Auction
The portrait was left unfinished in the painter’s studio when he died, and questions persist over the identity of the subject and what happened to the painting during Nazi rule in Austria.The New York Times - Business -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - World -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - Top stories -
How TikTok Helped This Beauty Brand Break $100 Million in Sales
The Beachwaver Co., a bootstrapped family business, has leveraged social media to drive fast growth.Inc. - Business - Tiktok -
The King of Queens? A $5.775 Million Tudor Is One of the Borough's Priciest
This ornate house in Jamaica Estates has a gold-plated sink and $1 million worth of mahoganyThe Wall Street Journal - World - United Kingdom -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - World -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
2024 NBA Draft prospect rankings: Alex Sarr jumps up to No. 1 in first Big Board after NCAA Tournament
There's plenty of movement among the updated top 50 NBA Draft prospects following March MadnessCBS Sports - Sports - NBA -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.CNBC - Business - Donald Trump -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock.NBC News - Top stories - Donald Trump -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - World