Verizon Adds Subscribers As Guidance Falls Short of Forecasts
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Home Depot’s sales fall short of estimates as spring selling season sees delayed start
Home Depot Inc.’s stock was down 0.9% Tuesday, after the home-improvement retailer beat profit estimates for the first quarter but saw sales fall slightly short as the spring selling season got off to a delayed start.MarketWatch - Business -
Comcast offers subscribers Peacock, Netflix and Apple TV+ bundle
The announcement comes as major media players, like Disney and Warner Bros. Discovery, increasingly join forces to boost subscriptions for streaming services.CNBC - Business - Netflix -
Australian Government's Budget Bets On Rapid Fall In Inflation
Australian Treasurer Jim Chalmers has framed the center-left Labor government’s 2024-2025 budget around the themes of cost of living relief, income tax cuts and the tantalizing prospect of a fall in mortgage interest rates by early next year.The Wall Street Journal - World - Australia -
WSJ Dollar Index Falls 0.14% to 99.67
The dollar gave back gains made earlier on April’s unexpectedly high PPI inflation, with the WSJ Dollar Index settling down more than 0.1%.The Wall Street Journal - World -
Burberry Profit Falls as Soft Demand, Turnaround Bite
Burberry posted a decline in profit for fiscal 2024 as it kept struggling to revitalize its business through a turnaround plan against a backdrop of slowing luxury demand.The Wall Street Journal - World -
U.S. Dollar Falls as Market Awaits CPI Data
The big issue for the U.S. inflation outlook is if producers manage to pass rising costs on to consumers, Brown Brothers Harriman said ahead of the April CPI data release.The Wall Street Journal - World -
Thyssenkrupp Cuts Guidance Again
Thyssenkrupp again cut its sales and profit forecasts for its fiscal year after write-downs and contracts to offset carbon emissions hit its second-quarter results.The Wall Street Journal - World -
Inside the rise and fall of Ashley Madison: ‘People literally lost their lives’
A new Netflix docuseries explores how the site that enabled married people to have affairs devolved into chaos back in 2015. In theory, the internet promised, among other things, a solution to the age-old conundrum of finding a date. If you wanted ...The Guardian - World -
German skilled trades facing falling turnover and job losses
Yahoo News - World - Germany -
Treasury yields fall for second straight session after PPI revision for March
Treasury yields finished lower on Tuesday after a downward revision to the U.S. producer-price index for March took some of the sting out of the unexpectedly hotter reading for April.MarketWatch - Business -
Pregnant woman, unborn child killed by falling tree during severe weather
Three people were killed in Louisiana -- including a pregnant woman and her unborn child -- due to severe weather on Monday, officials said.ABC News - Top stories -
Paramount shares fall on report that Sony is reconsidering its bid
Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer’s merger drama.MarketWatch - Business -
Caitlin Clark finishes with 20 points as Indiana falls to Connecticut in WNBA opener
Caitlin Clark struggled early in her WNBA debut before finishing with 20 points as the Indiana Fever fell to the Connecticut Sun 92-71 on Tuesday nightABC News - Sports - WNBA -
Burberry warns of tough first-half trading as profits fall sharply
UK fashion group seeks to overhaul brand as wider luxury market suffers downturnFinancial Times - Business -
Eurozone inflation to fall faster than expected, EU says
Revised figure comes as impact of Red Sea trade disruption proves milder than expectedFinancial Times - Business - European Union -
Victoria’s Secret Fashion Show will return in the fall after four-year hiatus
Victoria's Secret said Wednesday that its once-celebrated fashion show will return after the retailer canceled it five years ago due to poor ratings and a slew of controversies.NBC News - Top stories -
Rheinmetall Misses Forecasts in Slow Quarter
Rheinmetall posted sales and earnings below expectations for the first quarter, but confirmed its annual guidance as governments continued to place orders for ammunition, air-defense systems and other military equipment.The Wall Street Journal - World -
Rheinmetall Misses Forecasts in Slow Quarter
Rheinmetall posted sales and earnings below expectations for the first quarter, but confirmed its annual guidance as governments continued to place orders for ammunition, air-defense systems and other military equipment.The Wall Street Journal - Business