Airbus posts drop in earnings raising fears it may struggle to profit on Boeing’s woes
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Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Boeing Woes: Criminal Probe, Spacecraft Delays
In a tightly controlled meeting, shareholders approved outgoing CEO Dave Calhoun's $32 million compensation as the Justice Department investigates apparent safety lapses and its space capsule sits on the launch pad.Inc. - Business -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
Deadly Clashes in New Caledonia Raise Fears of Civil War
France has sent troops to quell violence in New Caledonia, where Paris is seen as backtracking on promises of self-determination.The New York Times - World -
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Heard on the Street: GameStop's Game Woes Grow
GameStop’s actual business may matter little to the meme stock investors who jumped back into the shares this week. But that business is bleak—and getting bleaker still.The Wall Street Journal - World -
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Boeing’s Starliner launch pushed back to May 25 for first crewed mission
The historic first manned launch of the spacecraft has been hindered by delays.MarketWatch - Business