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Intel shares fall after company provides weak forecast for the current quarter
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South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale’s results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.The Wall Street Journal - World -
Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale’s results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.The Wall Street Journal - Business -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Forecasting QB competitions after 2024 NFL Draft: Broncos, Patriots poised to open with rookie signal-callers
An early look at potential camp battlesCBS Sports - Sports - NFL -
The Rocket Fuel Behind China Shock 2.0: Weak Currency, Deflation
Flat to falling prices coupled with inflation elsewhere and a lower exchange rate have turbocharged China’s export boom.The Wall Street Journal - World - China -
Pat Gelsinger was brought in to fix Intel. 3 years later, it still seems like a mess.
Turning around Intel Corp., the second-largest chip maker in the world, is taking a lot longer than many investors were counting on — but they need to be patient because the ongoing strategic changes may yet save the company.MarketWatch - Business -
Legrand Misses Forecasts But Keeps Outlook
Legrand posted lower profits for its first quarter following a slowdown in the construction sector, but confirmed its financial targets for the year.The Wall Street Journal - World -
Legrand Misses Forecasts But Keeps Outlook
Legrand posted lower profits for its first quarter following a slowdown in the construction sector, but confirmed its financial targets for the year.The Wall Street Journal - Business
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From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
The criminal judgment of bitcoin billionaires Changpeng Zhao and Sam Bankman-Fried was completed this week, the final chapter in starkly different crypto sagas.CNBC - Business -
Buffett says Berkshire sold its entire Paramount stake: 'We lost quite a bit of money'
"I was 100% responsible for the Paramount decision," Buffett said. "It was 100% my decision, and we've sold it all and we lost quite a bit of money."CNBC - Business -
AI could drive a natural gas boom as power companies face surging electricity demand
Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.CNBC - Business -
Trump VP hopeful Kristi Noem suggests Biden's dog Commander should also be put down
Kristi Noem is in the running to become Donald Trump's VP nominee in the 2024 election.CNBC - Business - Donald Trump -
Generative AI will be designing new drugs all on its own in the near future
It won't be long for artificial intelligence can handle drug discovery for pharmaceutical companies without human scientists.CNBC - Business