Sap to Cut 3000 Jobs after Profit Plunges
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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 -
Nike discloses ‘second phase’ of job cuts at its headquarters amid cost-savings efforts
More than 700 staff at Nike’s global headquarters in Oregon will have been laid off by June 28, the company said.MarketWatch - Business -
Billy Joel special to air again after abrupt cut-off on CBS
A Billy Joel special on CBS and Paramount+ will air again after it was cut off in the middle of the singer's performance of "Piano Man."CBS News - Entertainment -
Driver dead after vehicle plunges over 200-foot cliff along Highway 1 near Devil's Slide
A driver died after his vehicle plunged over a cliff along Highway 1 on the San Francisco Peninsula coast between Pacifica and Half Moon Bay Thursday.CBS News - Top stories -
Nvidia dragged to worst day since March 2020 after Super Micro plunge
Super Micro Computer shares plunged on Friday as investors peeled back their holdings of one of the stock market's hottest names.CNBC - Business -
Job Confidence Dips Among U.S. Workers
New LinkedIn data shows that Americans are feeling less secure in their jobs than in January. The sentiment among job seekers is even worse.Inc. - Business -
Indians vote in huge election dominated by jobs, Hindu pride and Modi
Yahoo News - World -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
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 -
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 -
House advances aid bills for Israel, Ukraine, putting Johnson's speaker job in jeopardy
House Speaker Mike Johnson has introduced several standalone measures to provide funding for American allies abroad and U.S. border security, but a handful of Republicans really hate the idea. CBS News congressional correspondent Nikole Killion is ...CBS News - Top stories -
TV and film jobs may never fully recover post-pandemic, strikes, says Teamsters president
When it comes to film and TV jobs, "you'll hear the word 'contraction' a lot," said Teamsters president Tommy O'Donnell on a recent MediaMKRS panel.CNBC - Business -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
British retail sales stagnate as shoppers cut back on groceries
Economists had expected 0.3% expansion in MarchFinancial Times - World -
Artist evicted by London landlord cuts rent by commuting from Argentina
Andy Leek, creator of Notes to Strangers, made the move after finding himself unable to afford rising rents in UK capital. An artist who was made homeless after being evicted by his private landlord in London has started effectively commuting from ...The Guardian - World -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Antisemitic false quote cut from Liz Truss memoir
The ex-PM's publishers apologise and agree to remove a fake quote tied to an antisemitic conspiracy theory.BBC News - Top stories - United Kingdom -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Jeremy Hunt targets further 2p cut in national insurance
Tories aim for pre-election announcement despite warnings from IMF about UK’s fragile financesFinancial Times - Business - United Kingdom -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
His goal likely saved Ferguson's job at Man United. Now Coventry coach could push Ten Hag near exit
In 1990 Mark Robins scored a goal that has long been credited for saving former Manchester United manager Alex Ferguson his job and provided the platform for more than two decades of successABC News - Sports -
39-year-old left full-time job to grow her side hustle—now she makes $279,000 a year without working 'all the time'
Bernadette Joy started her money coaching business as a side gig, before realizing she could use it to increase her income while spending less time working.CNBC - Business -
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 -
Starmer calls for police investigation into Tory MP Mark Menzies
Politician accused of using thousands of pounds given by donors for medical bills and personal expensesFinancial Times - World -
Supreme Court takes its deepest plunge into Jan. 6, with possible implications for Trump
The high court will hear arguments over whether Capitol rioters can be convicted of obstructing Congress' business, a law passed in the wake of the '00s-era Enron scandal.Politico - Politics - Donald Trump -
Breakups, fantasies and her most cutting lyrics: inside Taylor’s Swift’s The Tortured Poets Department
What are the big takeaways from Swift’s new album? She’s refining her sound, confronting elements of her fanbase and done with romantic idealisation. • Read Alexis Petridis’s four-star review of the album. Swift named an entire album after the ...The Guardian - World -
Luxury car sales plunge as buyers put off by Seoul’s neon licence plates
President Yoon Suk Yeol has pledged to target private use of company vehiclesFinancial Times - World -
Cramer says two recent earnings reports may indicate a slowdown is brewing — but not enough for a Fed cut
CNBC's Jim Cramer said disappointing quarters from trucker J.B. Hunt and real estate investment trust Prologis could mean an economic slowdown is brewing.CNBC - Business -
Eating within limited hours can help with weight loss — but that may be because it cuts calories
A new study compared how much weight people lost on time-restricted versus regular meal schedules.NBC News - Top stories -
CDs vs. high-yield savings accounts: What to consider before the Fed cuts rates
If the Fed decides to cut rates soon, here's how it could affect your savings.CBS News - Top stories - Federal Reserve -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Nvidia’s stock plunge leads Magnificent Seven to record weekly market-cap loss
The decline in Magnificent Seven stocks has erased a collective $934 billion from their market capitalizations so far this week.MarketWatch - Business -
After the Affair, the Reckoning
While I was with our new baby, my husband was with another woman.The New York Times - Lifestyle -
Asia Markets Fall After Israeli Strike on Iran
Stock markets in Asia fell while safe-haven assets such as U.S. Treasurys, the yen and the Swiss franc rose sharply after Israel launched a retaliatory strike against Iran early Friday.The Wall Street Journal - World - Israel -
Toddler 'doing great' after Ukraine brain surgery
Rachel Gribben, 3, is getting ready to return to pre-school after spending three weeks in Lviv.BBC News - Top stories - Ukraine -
Disruptions continue at Dubai airport after unprecedented rainfall
Yahoo News - World -
Yen Traders Look at BOJ to Shore Up Japanese Currency
The yen erased earlier gains which came in reaction to increased tensions in the Middle East. The Canadian dollar, meanwhile, is seen firming after soft patch.The Wall Street Journal - World - Japan -
Some Wales roads to revert to 30mph after backlash
Transport Secretary Ken Skates says speed limit policy must be "corrected" after a public backlash.BBC News - Top stories