Ibm Tops Revenue Estimates Says It Will Cut 3900 Jobs
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Peacock Adds 3 Million Paid Subscribers as Comcast Posts Revenue Bump
The airing of an NFL Wild Card playoff game aided subscriber growth last quarter, and net profit increased 0.6% to nearly $3.9 billion. Both beat expectations.The Wall Street Journal - World -
Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.CNBC - Business -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - Business -
Intel’s earnings forecast fails to clear low bar, and the stock’s drop continues
Intel Corp. shares dropped 8% in the extended session Thursday, adding to their rough start to the year as the chip company reported revenue slightly below Wall Street’s expectations.MarketWatch - Business -
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.The New York Times - Business - Microsoft -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises
Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil. Shares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed ...The Guardian - World -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Several K Street giants kick off 2024 with record revenues
Several K Street lobbying shops posted record revenues last quarter as Congress moved massive spending bills, the Biden administration ramped up its regulatory agenda and clients set their sights on post-election policy priorities. Federal ...The Hill - Politics -
AMC Entertainment Sees Flat Revenue in Despite Fewer Film Releases
The movie-theater chain said the Hollywood writers and actors strikes from last year had dragged on box office returns.The Wall Street Journal - World -
AMC Entertainment Sees Flat Revenue in Despite Fewer Film Releases
The movie-theater chain said the Hollywood writers and actors strikes from last year had dragged on box office returns.The Wall Street Journal - Business -
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.The New York Times - Business - Microsoft -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Concord tops Blackstone in bidding war for Hipgnosis
Offer for music rights group rises to $1.5bn as Apollo-backed investor beats rival’s bidFinancial Times - Business -
England tops chart for child alcohol use - report
The World Health Organization also finds higher rates of drinking and vaping among teenage girls.BBC News - Top stories -
Process raw materials in Africa, urges top environmentalist
Few economic and social benefits will come to Africans if processing is all done overseas, says Wanjira Mathai. Africa must take greater control in the industries it supplies with raw materials to lift its people from poverty and seize its own ...The Guardian - World -
Women's transfer rankings: The top 25 players on the move
More than 1,100 names are in the transfer portal. Who are the top players looking for a new school?ESPN - Sports -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of 04/29/24ABC News - Entertainment -
Orioles' Holliday, hitting .059, optioned to minors
The Baltimore Orioles optioned struggling infielder Jackson Holliday to Triple-A Norfolk on Friday.ESPN - Sports -
The top 5 moments from Coachella 2024
Surprise guests, a broken foot and a history-making headliner.CBS News - Entertainment -
9 top-rated handheld vacuums to shop
The handheld vacuums are powerful, lightweight and effective at cleaning up messes. Shop Bissell, Shark, Dyson, Black+Decker and more.NBC News - Top stories -
Zendaya's tennis drama 'Challengers' tops box office
'Challengers' scored more than $15 million at the box office, according to ComScore. But overall box office sales are still down from a year ago.Los Angeles Times - Entertainment -
Women's transfer rankings: The top 25 players on the move
More than 1,100 names are in the transfer portal. Who are the top players looking for a new school?ESPN - Sports -
Argentine students and professors protest university budget cuts under Milei
Thousands of students and professors filled the streets of Buenos Aires and other cities to demand university funding amid President Javier Milei's harsh budget cuts.NBC News - Top stories -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Mayor Adams Walks Back Budget Cuts Many Saw as Unnecessary
The mayor released a revised $111.6 billion budget, which included $2.3 billion that would restore some funding for schools and cultural institutions.The New York Times - Top stories -
Biden administration sets goal to cut freight emissions to zero
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Biden administration sets goal to cut freight emissions to zero The Biden administration on Wednesday laid out a national ...The Hill - Politics - Joe Biden -
Employers are using zero-hours contracts to cut wage bills, study finds
Research by Resolution Foundation will increase calls for reform of UK workers’ rightsFinancial Times - World -
Employers are using zero-hours contracts to cut wage bills, study finds
Research by Resolution Foundation will increase calls for reform of UK workers’ rightsFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
3 things to do if interest rate cuts are delayed, according to experts
Delayed rate cuts translate to continued favorable yields on deposit accounts and Treasury bills.CBS News - Top stories -
Monster Beverage cut to sell because it’s ‘no longer…a high growth story’
Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recoveryMarketWatch - Business -
Persistently High Commodity Prices Could Delay Rate Cuts
Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.The Wall Street Journal - World -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech
ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.CNBC - Business -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
Tesla among electric carmakers forced to cut prices as market stalls
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary. Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, ...The Guardian - World - Tesla -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - World -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - Business -
'This is phenomenal' - England seal Grand Slam with hard-fought win in France
Reaction after England beat 14-player France in Bordeaux to secure a third successive Women's Six Nations Grand Slam.BBC News - Top stories