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New York Times stock gains as adjusted profit rises by 41%
Digital subscriptions rise by 210,000 in a ’strong start’ for the year.MarketWatch - Business - New York -
Toyota Motor Projects Annual Profit Drop
The Japanese carmaker projected a drop in fiscal-year profit on higher costs and announced a share buyback after posting stronger fourth-quarter net profit thanks partly to a weaker yen.The Wall Street Journal - Business -
Alstom to Cut Costs, Forecasts Higher Profits
Alstom said adjusted earnings rose 17% with an improved margin and guided for further profit growth in 2025, as it looks to cut overheads and procurement costs.The Wall Street Journal - Business -
Munich Re Says Full-Year Profit Could Top €5 Billion
The German reinsurer posted net profit for the first three months of 2024 of $2.3 billion, in line with preliminary figures, and said it was “more likely” it would surpass its full-year profit target.The Wall Street Journal - Business -
Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China
The company continues to lean on customers’ appetite for apps and services, as demand for its devices weakens.The New York Times - Tech - Apple -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
Ten-year Treasury yield rises for first time in six sessions
Yields on U.S. government debt edged higher Wednesday morning, with the benchmark 10-year rate climbing from a four-week low, a day after a Federal Reserve official failed to rule out the possibility that the central bank’s next move may be to ...MarketWatch - Business -
Actor Hoa Xuande on his rise in Hollywood, working on "The Sympathizer"
As part of AAPI month, "CBS Mornings" partnered with the organization Gold House to celebrate its A 100 list, which recognizes this year's most impactful Asian-Pacific leaders. One of the honorees is actor Hoa Xuande. You may recognize him for his ...CBS News - Top stories -
How much are prices rising for you? Try our calculator
Use our calculator to find out how much the cost of living is going up in your household.BBC News - Top stories -
Applebee’s and IHOP parent Dine Brands suffers rare profit miss as consumers remain price-sensitive
Stock falls premarket as same-restaurant sales for both Applebee’s and IHOP chains fell more than expected.MarketWatch - Business -
Home builders’ stocks have soared since we said they were cheap. These five are expected to grow profits rapidly through 2025.
Demand for new homes has been strong, despite high mortgage-loan rates.MarketWatch - Business -
U.S. oil prices touch eight-week lows, then turn higher as U.S. crude supplies fall
Oil futures touched their lowest levels in about eight weeks on Wednesday, but prices for the U.S. benchmark turned higher following U.S. government data showing an unexpected weekly decline in domestic crude inventories.MarketWatch - Business