Unicredit Raises Shareholder Payouts by 40 after Record Profit
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BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
Forget Moonshots. Investors Want Profit Now.
CEOs might resist the new investor mantra of Show Me the Money—but if they do, their share price is likely to suffer.The Wall Street Journal - World -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
U.S. Fertility Rate Falls to Record Low
Fewer babies were born in the U.S. in 2023 than any year since 1979.The Wall Street Journal - World -
'We lost £26,000 in a year' - shoplifting hits record in England and Wales
Shoplifting was up by 37% in the year to December 2023, the highest since records began in 2003.BBC News - Top stories -
Taylor Swift hits number one and breaks records
The star's latest album tops the UK charts after a week in which she clocked up a number of firsts.BBC News - Top stories -
Caleb Williams breaks Caitlin Clark merch record
No. 1 pick Caleb Williams is breaking records before setting foot in Chicago, setting the record for draft night sales in any sport.ESPN - Sports -
Eagles tie NFL draft record by making 8 trades
The Eagles tied an NFL record for most trades in a seven-round draft with eight, joining the 2023 Texans and 2018 Patriots.ESPN - Sports - NFL -
I’ve $5.2 million in the stock market and I’m in my 40s. How much can I afford to spend so I can enjoy the rest of my life?
“I didn’t intend to retire under 50, but it sort of worked out.”MarketWatch - Business -
In a Memo to Employees, Delta’s CEO Announced They Were Getting Raises. These 5 Words Stuck Out
Delta is giving out raises for the third year in a row. It's a lesson for every leader.Inc. - Business -
Want to Raise Happier, More Successful Kids? These 7 Parenting Habits Lead to Remarkable Outcomes
Simple habits. Even obvious habits. But, as the longest-running parenting study shows, extremely powerful habits.Inc. - Business -
Dropzone AI gets $16.85M for autonomous cybersecurity AI agents that reduce manual work by 90 percent
Dropzone AI announced a $16.85 million Series A round led by Theory Ventures to help bring its cybersecurity AI agents to market.VentureBeat - Tech - Artificial Intelligence -
'It's on everybody's mind': Morehouse faculty and students raise concerns about Biden's graduation speech
Morehouse College’s leadership is set to hold a call on Thursday to address concerns over having President Joe Biden as the school’s commencement speaker next month.NBC News - Top stories - Joe Biden -
How This 26-Year-Old First-Time Founder Raised $55 Million for Her AI Startup
Demi Guo dropped out of Stanford's prestigious AI program and is now running one of AI's hottest startups.Inc. - Business -
Hamas again raises the possibility of a 2-state compromise. Israel and its allies aren't convinced
The Palestinian militant group Hamas has said for more than 15 years that it could accept a two-state compromise with Israel — at least, a temporary oneABC News - World - Israel -
Questions in rocket-hit Sderot over whether IDF can ever destroy Hamas
People in city bordering Gaza say Israel will never be safe while Hamas exists – but worry it cannot achieve its objective. The two men, faces blurred and voices disguised, are screened by a dense scrub of fig and trailing vine and thorns in ...The Guardian - World -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.CNBC - Business -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial Times - Business -
Barclays chief calls for return of UK equity risk culture
British bank reports 13% decline in quarterly profits but still beats analysts’ expectationsFinancial Times - Business - United Kingdom -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - World -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Caterpillar’s stock is falling toward its worst day since 2020 after earnings
Caterpillar Inc. shares were dropping premarket after the company came up a bit short on first-quarter revenue as sales volumes declined.MarketWatch - Business -
Harley-Davidson’s stock skids as global motorcycle shipments fall
The motorcycle icon beat analyst estimates, but its shares fell 15.4%.MarketWatch - Business -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - Business -
Boston Beer reports a surprise profit as Twisted Tea shipments keep growing
Boston Beer’s stock surged in after-hours trading Thursday, after the beer brewer reported a surprise first-quarter profit and revenue that rose well above forecasts, fueled by volume increases, pricing and lower returns.MarketWatch - Business -
NatWest profits fall 27% as interest rate benefits fade
UK bank’s shares up nearly a third this year as lender moves on from scandal over closure of Nigel Farage’s accountFinancial Times - Business -
Exxon and Chevron profits dragged down by weaker gas prices
Quarterly results signal pullback from bumper earnings in past two yearsFinancial Times - Business -
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.The New York Times - Tech -
Generative AI is generating astronomical profits by trampling authors and publishers
Big tech wants a pass on the indiscriminate appropriations they have already undertaken and continue to press for their own gains. There isn’t a single, rational reason to accommodate them.The Hill - Politics