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PepsiCo earnings beat estimates but product recalls, weaker lower-income consumer hurt U.S. sales
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Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - World -
Why Coinbase’s stock is shrugging off a monster earnings beat
Analysts saw a few reasons to quibble, including a potential slowdown this quarter.MarketWatch - Business -
Could lower swing-state inflation rates help Biden and hurt Trump?
Inflation in several battleground states in the 2024 election is below the national average — in some cases by more than a full percentage point — as food prices retreat even while housing costs stay hot, according to an analysis of regional Labor ...The Hill - Politics - Joe Biden -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple
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Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.CNBC - Business -
Here's where the jobs are for April 2024 — in one chart
Health care and social assistance led the way, while construction hiring slowed.CNBC - Business -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban
Trump Media, the owner of the Truth Social app, trades under the DJT ticker. Former President Donald Trump is the majority shareholder of the company.CNBC - Business - Donald Trump -
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.CNBC - Business