Samsung Expected to Post Lowest Quarterly Profit in Years Due to Memory Chip Market Carnage
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Nissan cut its net profit estimate for the fiscal year, missing analysts' expectations, as it sold fewer cars than expected.
Nissan cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than expected.The Wall Street Journal - World -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Schlumberger posts profit gain for first quarter as revenue tops estimates
International revenue for the oil-services company rose 18% to offset softness in North America, Schlumberger’s CEO said.MarketWatch - Business -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.The Wall Street Journal - World -
Netflix to stop reporting quarterly subscriber numbers in 2025
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.CBS News - Entertainment - Netflix -
The Oldest Living M.L.B. Player Walks Down Memory Lane
Before Art Schallock turns 100 this month, the former Yankees pitcher recalls tales of Yogi Berra and Ted Williams.The New York Times - Sports -
Asus Customizable Xbox Controller Drops To Lowest Price Yet At Amazon
The ROG Raikiri and Raikiri Pro Xbox controllers from Asus are discounted for a limited time at Amazon. The deal drops the price for the wireless ROG Raikiri Pro model to just $110 (was $150), and the standard ROG Raikiri controller down to $80 ...GameSpot - Tech -
Procter & Gamble sales disappoint as price hikes slow down
The Tide owner's quarterly volume was flat for the second consecutive quarter.CNBC - Business -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Tesla to Recall 3,878 Cybertrucks Due to Accelerator Pedal Problem
The National Highway Traffic Safety Administration says the Cybertruck’s accelerator pedal pad might dislodge and get trapped, causing the vehicle to accelerate unintentionally.The Wall Street Journal - World - Tesla -
Inside an Intel computer chip plant amid rush to grow U.S. production
Computer chip maker Intel is at the center of the latest high-tech race between the U.S. and China. Jo Ling Kent visited their state-of-the-art facility in Oregon for an in-depth report.CBS News - Top stories -
Giancarlo Esposito thought, at his lowest, about how his own murder might benefit his kids
Giancarlo Esposito, a.k.a. Gustavo Fring on 'Breaking Bad,' says when his life was at its lowest, he thought about plotting his own murder for the insurance money.Los Angeles Times - Entertainment -
Chicano Batman are not who you expect them to be
Chicano Batman discusses its new album and a summer show at the Forum as part of its U.S. tour.Los Angeles Times - Entertainment -
EU election candidacy could see Italian antifascist freed from Hungarian jail
Ilaria Salis, who was arrested in February 2023 after counter-demonstration at neo-Nazi rally, could be granted immunity. An Italian antifascist activist held in prison in Hungary has accepted a candidacy in the European elections that could see ...The Guardian - World - European Union -
Tesla recalling more than 3,000 of its 2024 Cybertrucks due to faulty pedal
Tesla is recalling nearly 4,000 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crashABC News - Top stories - Tesla -
Man arrested in Paris after police cordon off Iranian consulate due to reported bomb threat – Europe live
Local media reports a man entered the consulate saying he had explosives and wanted to avenge his brother. “Russia must be held accountable. Ukraine urgently requires more air defence support!” wrote the EU’s ambassador in Kyiv, Katarina ...The Guardian - World - Iran -
Groq’s breakthrough AI chip achieves blistering 800 tokens per second on Meta’s LLaMA 3
Groq Inc's AI chip delivers blistering 800 tokens/sec inference on Meta's LLaMA 3 model, potentially reshaping the landscape of AI hardware.VentureBeat - Tech -
Garnacho sorry for liking critical posts - Ten Hag
Manchester United manager Erik Ten Hag says that Alejandro Garnacho has apologised for liking critical social media posts.BBC News - Top stories -
Post Office lawyer 'missed' key Horizon finding
A top lawyer says he and others missed a finding in 2014 that the software could be accessed remotely.BBC News - Top stories -
How Not to Invest in the Bond Market
Investors poured billions into long-term U.S. government funds last year. Right on cue, the market tanked—again.The Wall Street Journal - World -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Slash tax on profits from Russia’s frozen assets, US urges allies
Maximise every euro from immobilised reserves to aid Ukraine, says Biden adviser Daleep SinghFinancial Times - Business - Russia -
Voting begins in India’s election with Modi widely expected to win third term
First phase in world’s largest democratic exercise begins, with 969 million people eligible to vote over six-week period. Voting has begun in India’s mammoth general election, as Narendra Modi’s Bharatiya Janata party hopes to increase its ...The Guardian - World -
Trump hush money trial: Judge sets opening statements for Monday
Follow the latest developments in former President Donald Trump's criminal hush money trial in New York.ABC News - Top stories - Donald Trump -
NHL approves Coyotes' move to Utah; Arizona expected to explore expansion club
The Arizona Coyotes are moving to Utah after 27 seasons in the Southwest. Hockey could return to the region with an NHL expansion club.Yahoo Sports - Sports - NHL -
Nicolas Jackson’s promise hindered by tyranny of expectations at Chelsea | Jonathan Liew
Forward, who faces Manchester City in the FA Cup on Saturday, has managed a debut season goal tally up there with big names. The pure poacher’s instinct. The understanding of timing and angles, the striker’s sixth sense for exactly where the ball ...The Guardian - World -
Israel’s Strike Was Smaller Than Expected, and So Was Iran’s Reaction
The relatively limited scope of the attack, as well as a muted response from Iranian officials, may have lowered the chances of an immediate escalation, analysts said.The New York Times - World - Israel -
TSMC is reshaping its business to respond to the artificial-intelligence boom, including doubling capacity for a type of chip technology in demand from companies like Nvidia.
TSMC is reshaping its business to respond to the artificial-intelligence boom, including doubling capacity for a type of chip technology in demand from companies like Nvidia.The Wall Street Journal - World -
America's Cigarette Market Is Up for Grabs
Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with its former parent company Altria.The Wall Street Journal - World -
Health Care Roundup: Market Talk
Gain insight on cannabis legalization efforts in Florida, Intuitive Surgical, EssilorLux, and more in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
Basic Materials Roundup: Market Talk
Find insights on Press Metal Aluminium, Gold Road’s Gruyere gold mine, Whitehaven Coal and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Gain insight on E15, Parkland, BP, Nel and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
UK will not ‘turn on’ post-Brexit checks of EU goods for fear of border delays
Industry groups say lack of clarity leaves businesses unsure how to manage new rules due to start on April 30Financial Times - Business - United Kingdom -
Watch: Lawyers spar during tetchy exchanges at Post Office inquiry
Rodric Williams, who still works for the company, was a Post Office lawyer as the Horizon scandal developed.BBC News - Top stories -
Why young core gives Warriors hope for post-Big Three future
An emerging, young core has given the Warriors hope for their future after Steph Curry, Klay Thompson and Draymond Green.Yahoo Sports - Sports -
Rocky flight: FAA probes MLB coach's video post
In a since-deleted social media post, Rockies hitting coach Hensley Meulens is seen sitting in a pilot's seat during the team's chartered flight to Toronto. The FAA and United Airlines are investigating the situation.ESPN - Sports - MLB -
Facebook Says Sorry Its AI Flagged Auschwitz Museum Posts as Offensive
Yahoo News - World - Facebook -
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
Humanitarian situation in Palestinian enclave remains dire, says EU’s top diplomatFinancial Times - World - Iran