Dow Jones Newswires: Volvo Q4 net profit dips to $648.5 million as costs jump.
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Ex-Michigan coach Juwan Howard returns to NBA with Nets assistant job
Michigan fired Howard last month.Yahoo Sports - Sports - NBA -
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 -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - World -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - Business -
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 -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
Long-Lost Klimt Painting Sells for $37 Million at Auction
The portrait was left unfinished in the painter’s studio when he died, and questions persist over the identity of the subject and what happened to the painting during Nazi rule in Austria.The New York Times - Business -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - World -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - Top stories -
How TikTok Helped This Beauty Brand Break $100 Million in Sales
The Beachwaver Co., a bootstrapped family business, has leveraged social media to drive fast growth.Inc. - Business - Tiktok -
The King of Queens? A $5.775 Million Tudor Is One of the Borough's Priciest
This ornate house in Jamaica Estates has a gold-plated sink and $1 million worth of mahoganyThe Wall Street Journal - World - United Kingdom -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Continental fined 100 million euros for role in VW emissions scandal
Continental accepted a fine of 100 million euros ($107 million) from a German prosecutor’s office for its role in the Volkswagen emissions-cheating scandal of 2015.MarketWatch - Business -
Peacock Adds 3 Million Paid Subscribers as Comcast Posts Revenue Bump
The airing of an NFL Wild Card playoff game aided subscriber growth last quarter, and net profit increased 0.6% to nearly $3.9 billion. Both beat expectations.The Wall Street Journal - World -
A Penthouse With a ‘Little Garden of Eden’ Is Listed at Nearly $5 Million
David Saint, a theater director and a producer of the 2021 film version of “West Side Story,” is selling his duplex with a wraparound terrace in the East Village.The New York Times - Lifestyle -
Hippies Settled This Unusual California Community. Now Its Homes Sellfor Millions.
The Sea Ranch is secluded, architecturally distinct and doesn’t come cheap. ‘There’s no place like this anywhere.’The Wall Street Journal - World - California -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
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Amazon Ring customers getting $5.6 million in refunds, FTC says
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.CBS News - Top stories - Amazon -
In Settlement, FTC Sends $5.6 Million in Refunds to Ring Customers
The agency said the Amazon-owned video doorbell and security provider failed to keep personal data safe, leading to "egregious" privacy violations.Inc. - Business -
How to Claim Your Part of a $5.6 Million Ring Settlement
The Federal Trade Commission is sending payments to customers who had certain Ring home security cameras and accounts during a particular time period, the agency said.The New York Times - Tech -
Eagles, wide receiver A.J. Brown agree to 3-year, $96 million contract extension
A.J. Brown is set to make $32 million per season, which will make him the highest paid wide receiver in NFL history.Yahoo Sports - Sports - NFL -
Warren Buffett's Real-Estate Firm Settles Antitrust Matter for $250 Million
The real-estate industry has now agreed to pay nearly $1 billion to settle anticompetitive allegations.The Wall Street Journal - World -
Warren Buffett’s Real Estate Brokerage Agrees to $250 Million Settlement
HomeServices of America, the largest residential real estate brokerage in the United States, will settle the claims brought by home sellers who said they were forced to pay inflated commissions, pending court approval.The New York Times - Top stories -
Rooting for Trump to Fail has Made Millions for Investors Shorting His Stock
Diving into the former president's meme stock is not for the faint of heart, but day traders who laugh atTrump Media & Technology's financials are willing to take therisk.Inc. - Business - Donald Trump -
How G.M. Tricked Millions of Drivers Into Being Spied On (Including Me)
This privacy reporter and her husband bought a Chevrolet Bolt in December. Two risk-profiling companies had been getting detailed data about their driving ever since.The New York Times - Tech -
Blackhawks sign defenseman Alex Vlasic to six-year, $27.6 million contract
Vlasic had a breakout 2023-24 season with Chicago.CBS Sports - Sports -
Warren Buffett's Real-Estate Firm Settles Antitrust Matter for $250 Million
The real-estate industry has now agreed to pay nearly $1 billion to settle anticompetitive allegations.The Wall Street Journal - Business -
Millions of American Kids Are Caregivers Now: 'The Hardest Part Is That I'm Only 17'
An estimated 5.4 million children help care for relatives, as families can’t afford or find other in-home care.The Wall Street Journal - World -
Millions of American Kids Are Caregivers Now: 'The Hardest Part Is That I'm Only 17'
An estimated 5.4 million children help care for relatives, as families can’t afford or find other in-home care.The Wall Street Journal - World -
New California rule aims to limit health care cost increases to 3% annually
A new rule in California aims to limit health care price increases to just 3% each yearABC News - Health - California -
New California rule aims to limit health care cost increases to 3% annually
A new rule in California aims to limit health care price increases to just 3% each yearABC News - Top stories - California -
Ford's earnings beat, rosy 2024 outlook, and cost discipline show the automaker is getting its house in order
Ford’s results show it is off to a solid start to the year.CNBC - Business -
Cost of developing new drugs may be far lower than industry claims, trial reveals
Exclusive: MSF calls for transparency after its bill for a trial of TB treatment came to a fraction of the billions claimed by pharmaceutical companies. Doctors have for the first time released details of their spending on a major clinical trial, ...The Guardian - World -
Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.CNBC - Business -
A $100,000 salary no longer buys you a middle-class lifestyle. Here’s why it costs so much more now.
“We’re definitely not doing what you would think somebody with our income could do with the money,” one six-figure earner said.MarketWatch - Business -
The cost of living crisis has made the UK a poorer, more anxious nation – and worse is yet to come | Andy Beckett
Instead of buy-one-get-one-free offers, everyday life now involves carefully comparing prices and feeling increasingly powerless . Under capitalism, prices are supposed to be the centre of everything. They are the key agreement between buyer and ...The Guardian - World - United Kingdom -
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
With revenues having more than doubled since 2019, to $10bn, US pharma group targets painkillersFinancial Times - World -
Exxon is working on tech to remove CO2 from atmosphere but a breakthrough is needed to slash costs
Exxon CEO Darren Woods said the technology is currently unaffordable with CO2 removal costing between $600 to $1,000 per ton.CNBC - Business -
2024 NBA Draft prospect rankings: Alex Sarr jumps up to No. 1 in first Big Board after NCAA Tournament
There's plenty of movement among the updated top 50 NBA Draft prospects following March MadnessCBS Sports - Sports - NBA