New Hm Chief Vows to End Years of Stagnating Sales Growth
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Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - World -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Investors Cheer Sales Growth at Ben & Jerry's Owner Unilever
Unilever sold more products at higher prices last quarter, a shot in the arm for Chief Executive Hein Schumacher who has been under pressure to deliver stronger growth.The Wall Street Journal - World -
Xbox Hardware Just Had Worst Sales Dropoff In Years
Microsoft has released its latest earnings report, and included in the document is an update on how the Xbox division is doing. Overall, Xbox revenue is way up thanks to contributions from Activision Blizzard, but hardware sales are down ...GameSpot - Tech -
Merck’s first-quarter results beat expectations amid healthy vaccine-sales growth
Merck on Thursday reported first-quarter results that beat analysts’ expectations amid strong sales of vaccines and cancer drug Keytruda.MarketWatch - Business -
Salesforce Unveils New Feature to Boost Sales Productivity
Salesforce's new Slack community, Salesblazer, is up and running.Inc. - Business -
New York Vowed to Crack Down on Illegal Weed Shops. One Just Got a License.
New York officials had said that those who jumped the line to cash in on cannabis would not be rewarded over those who played by the rules.The New York Times - Top stories - New York -
Southwest Airlines is ending flights to four airports — and that’s not even the big news for travelers
Sit down for this one, Southwest Airlines travelers: The airline carrier with a distinct seating policy has suggested it’s rethinking its approach.MarketWatch - Business -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
US births fell last year, marking an end to the late pandemic rebound, experts say
The number of U.S. births fell last yearABC News - Health -
Scottish leader faces battle for survival after ending power-sharing deal over climate change clash
Scotland’s leader is facing a potential battle for survival after ending a three-year power-sharing agreement with the Scottish Green Party following a clash over climate change policiesABC News - World - Climate -
U.S. births fell last year, marking an end to the late pandemic rebound, experts say
U.S. births fell last year, resuming a long national slide. A little under 3.6 million babies were born in 2023, according to provisional statistics released Thursday.NBC News - Top stories -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
Goldman Sachs names new Japan chief after abrupt exit of former president
Promotion of Hong Kong based insider Hidehiro Imatsu follows months-long leadership vacuumFinancial Times - Business -
Goldman Sachs names new Japan chief after abrupt exit of former president
Promotion of Hong Kong based insider Hidehiro Imatsu follows months-long leadership vacuumFinancial Times - World -
TotalEnergies chief says oil major will consider moving main listing to New York
The chief executive of French oil giant TotalEnergies said it will consider moving its primary stock market listing to New York, where energy rivals command higher valuations.MarketWatch - Business - New York -
New home sales inch higher despite 7% mortgage rates: 'There's more opportunity,' economist says
Buyers are highly considering newly built homes amid a shortage of available homes in the U.S. Here's what this means and where prices are standing.CNBC - Business -
Supercell to release Squad Busters, 1st new game in over 5 years
Supercell announced that Squad Busters will launch on May 29 as its first global game in over five years.VentureBeat - Tech -
The Papers: Labour 'vow to nationalise rail' and school stabbing
Labour's election promise on the train network and a "horrific" Wales stabbing feature in the papers.BBC News - Top stories -
GOP critics vow no more US aid for Ukraine
Conservative skeptics of funding the war in Ukraine predict it will be the last major U.S. aid package for Kyiv that passes. The GOP critics of the package acknowledge that Senate Republican Leader Mitch McConnell (Ky.) won this round of the ...The Hill - Politics - Ukraine -
Embiid puts up 50, reveals Bell's palsy diagnosis
Joel Embiid scored 50 points to lead the 76ers to a needed Game 3 win over the Knicks and afterward addressed his recent diagnosis with a condition that has affected the left side of his face.ESPN - Sports -
Sale or No Sale, TikTok Will Never Be the Same
TikTok but without the algorithm? TikTok by Meta? A new law this week puts the platform on a death watch—and none of the potential outcomes look great.Wired - Tech - Tiktok -
Sadiq Khan apologises to Chief Rabbi
Mr Khan says he is "sorry for any hurt" caused over remarks he made in a recent interview.BBC News - Top stories -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
Clash of Clans Maker's First New Game In Five Years, Squad Busters, Launches Soon
The next joint of developer Supercell, best known for Clash of Clans, is releasing soon. Squad Busters, the first global game launch of the studio in over five years, will launch on May 29 for iOS and Android devices.. At the time of publication, ...GameSpot - Tech -
30-year-old supercommutes over 500 miles to work in New York: ‘I'm the happiest I've ever been’
Hairstylist Kaitlin Jorgenson commutes four-plus hours by plane twice a month from Charlotte, North Carolina to work in New York.CNBC - Business - New York -
Unions vow to fight on as Tata Steel confirms plans to close blast furnaces
Decision will result in up to 2,800 job losses at Britain’s biggest producer of the commodityFinancial Times - World -
Thabo Mbeki vows to rid South Africa's ANC of 'rotten apples'
Yahoo News - World -
Russia Strikes Ukraine’s Railways and Vows to Slow Arrival of U.S. Aid
The attacks killed at least six civilians and injured dozens of others, the Ukrainian military and local officials said.The New York Times - World - Ukraine -
Russia Strikes Ukraine’s Railways and Vows to Slow Arrival of U.S. Aid
The attacks killed at least six civilians and injured dozens of others, the Ukrainian military and local officials said.The New York Times - Top stories - Ukraine -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - World -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - Business -
Newey to leave Red Bull over Horner allegations
Red Bull design chief Adrian Newey is to leave the team in the wake of the controversy involving allegations about team principal Christian Horner.BBC News - Top stories -
Chiefs trade up to No. 28, draft Xavier Worthy
Two of the top teams in the AFC made a trade late in the first round of the 2024 NFL draft, and it resulted in the Super Bowl champions getting the fastest player in Scouting Combine history.Yahoo Sports - Sports - NFL