Wells Fargo Shares Rise Even As Bank S Profits Cut in Half by Higher Reserves Settlement Costs
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Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Meta shares fall as it predicts higher expenditure on AI
Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sectorFinancial Times - Business -
Meta’s Profits More Than Double, While Spending on A.I. Rises
The owner of Facebook, Instagram and WhatsApp continued to grow, even as it said it would spend billions of dollars more on artificial intelligence.The New York Times - Business -
Meta's Advertising Business Keeps Rolling, But Costs Rise in AI Arms Race
Meta Platforms reported record first-quarter sales, as it continued building on AI-powered momentum in its ad business.The Wall Street Journal - Tech -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
Meta shares plunge on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
‘Can you catch it as well?’: bird stunt causes flap in European parliament
Slovakian MEP pulls dove from bag and frees it as ‘symbol of peace’, prompting criticism from colleagues. A Slovakian MEP has raised eyebrows by producing a live bird from a bag and releasing it into the European parliament in what he said was a ...The Guardian - World -
Survey finds that 60 firms are responsible for half of world’s plastic pollution
Study confirms Philip Morris International, Danone, Nestlé, PepsiCo and Coca-Cola are worst offenders. Fewer than 60 multinationals are responsible for more than half of the world’s plastic pollution, with five responsible for a quarter of that, ...The Guardian - World -
Tesla's Big Rally Drives the Nasdaq Higher
U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.The Wall Street Journal - World -
Tensions rise at college protests; Johnson calls for Columbia president to resign
Columbia University and other schools have taken steps to try to address students' concerns over safety and freedom of expression. Follow for live news updates.CNN - Top stories -
New book chronicles half-century of Asian American life, through the lens of one photographer
When Corky Lee was a high school junior in New York City in the 1960s, he wondered why Asian Americans were missing from history class narratives about who had built America and who could be considered American.NBC News - Top stories -
The dire situation on America’s southern border
If Congress will not act, President Joe Biden may have to do soFinancial Times - World -
Yen hits lowest level since 1990 as US stocks edge higher
Financial Times - Business -
UBS promises $2bn in share buybacks
Swiss lender restores repurchase programme as it integrates Credit SuisseFinancial Times - Business -
Speaker Johnson addresses rise of antisemitism on college campuses at Columbia: Watch live
House Speaker Mike Johnson (R-La.) will deliver public remarks during a visit to Columbia University Wednesday afternoon. Along with every Republican member of the New York congressional delegation, Johnson has also called for the resignation of ...The Hill - Politics -
Chipotle reports big earnings beat, and its shares are jumping
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Meta's Advertising Business Keeps Rolling as AI Aspirations Rise
Meta Platforms on Wednesday reported record first-quarter sales, with a 27% increase versus the year prior.The Wall Street Journal - World -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.MarketWatch - Business -
Argentine students and professors protest university budget cuts under Milei
Thousands of students and professors filled the streets of Buenos Aires and other cities to demand university funding amid President Javier Milei's harsh budget cuts.NBC News - Top stories -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Mayor Adams Walks Back Budget Cuts Many Saw as Unnecessary
The mayor released a revised $111.6 billion budget, which included $2.3 billion that would restore some funding for schools and cultural institutions.The New York Times - Top stories -
A24 Makeup Artist Shares Her Tricks In New Book, ‘Beauty of the Beast’
Emily Schubert has done makeup and prosthetics on movies like “The Sweet East” and “Good Time.” She shares her tricks in a new book with A24.The New York Times - Lifestyle -
Anya Taylor-Joy Shares The Advice Nicholas Hoult Gave Her For Furiosa
Later this year, Anya Taylor-Joy will take on the role of a young Furiosa, the role first played by Charlize Theron in Mad Max: Fury Road. Before Taylor-Johnson joined Furiosa: A Mad Max Saga, though, she turned to her friend and co-star in The ...GameSpot - Tech -
Beyoncé Shared Her Natural Hair Care Routine. Here’s Why It Matters.
In a video on Instagram, the singer provided fans a rare glimpse of her routine.The New York Times - Lifestyle -
Chipotle shares rally after earnings beat helped by new menu items
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for new menu items.MarketWatch - Business -
2024 NFL Draft: Braelon Allen names his top-four RBs of all-time, shares recent advice from Le'Veon Bell
Bell's advice has already paid off for AllenCBS Sports - Sports - NFL