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Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - World -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - Business -
Oil Falls on U.S. Inflation Concerns
Oil prices traded lower in Europe after the latest U.S. data reinforced prospects of higher-for-longer interest rates, but signs of a tightening physical market limited the downside.The Wall Street Journal - World -
Salesforce Unveils New Feature to Boost Sales Productivity
Salesforce's new Slack community, Salesblazer, is up and running.Inc. - Business -
Less Is More: The Case for 'Slow Productivity' at Work
We’re thinking about productivity at work all wrong, Cal Newport says. But how do we tell the boss that?The Wall Street Journal - World -
Oil Edges Higher on U.S. Inventories Draw
Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.The Wall Street Journal - World -
Fifa announces deal with Saudi oil company Aramco
Fifa has announced a partnership with Saudi Arabia's state-owned oil company, Aramco.BBC News - Top stories -
Oil Edges Higher Ahead of U.S. PCE Data
Oil prices ticked higher ahead of key U.S. inflation data that will offer more cues on the path of interest rates.The Wall Street Journal - World -
Granting waivers on Iranian oil only emboldens the ayatollahs
The only way to reach any agreement with Tehran to constrain the activities of its clients is by exerting pressure on Iran itself.The Hill - Politics - Iran -
Oil tanker damaged in Houthi missile strike
The Yemeni rebel group says its latest attack targeted the Andromeda Star.BBC News - Top stories -
In America's Biggest Oil Field, the Ground Is Swelling and Buckling
Land has subsided by as much as 11 inches since 2015 in a prime portion of the Permian Basin, as drillers extract huge amounts of oil and water, according to a Wall Street Journal analysis of satellite data.The Wall Street Journal - World -
Biden celebrates computer chip factories, pitching voters on American 'comeback'
President Joe Biden has arrived in New York state to celebrate a tech company’s plans to build a campus of computer chip factories made possible in part with government supportABC News - Tech - Joe Biden -
Airbus Sticks to Plane-Delivery Goal, Ramps Up A350 Production
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.The Wall Street Journal - World -
All 7 Harry Potter Novels Are Getting Full-Cast Audio Productions
In 1999, the first Harry Potter audiobooks were officially released, with Jim Dale on the American edition and Stephen Fry on the United Kingdom's version. However, the next iteration of all seven Harry Potter audiobooks are going to be completely ...GameSpot - Tech -
Airbus Sticks to Plane-Delivery Goal, Ramps Up A350 Production
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.The Wall Street Journal - Business -
Mexico's chief detective apologizes for saying his country is the 'champion' of fentanyl production
The head of Mexico’s detective service has apologized for saying his country is “the champion” of fentanyl and meth productionABC News - World -
USDA tells producers to reduce salmonella in certain frozen chicken products
U.S. poultry producers will have to reduce salmonella bacteria in certain chicken products to very low levels to prevent food poisoningABC News - Health -
Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped more than 3% Friday after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.MarketWatch - Business -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Airbus CFO says A350 plane production increase not tied to Boeing troubles
Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing.CNBC - Business -
Quickly Improve Your Productivity Skills With These Effective Task Optimization Tips
Tasks aren't created equal. Learn how to be more productive in your work with this practical framework.Inc. - Business -
I Tried These AI-Based Productivity Tools. Here’s What Happened
Hoping to make life easier, I tested six AI-powered tools meant to help me write better and work smarter.Wired - Tech -
How Reframing Your Approach Can Help You Be More Productive
Confidence breeds productivity. These thoughtful approaches will help you get things done and feel more confident in your work.Inc. - Business -
BMW Plans $2.8 Billion China Factory Update to Boost EV Production
BMW will invest $2.76 billion to adapt one of its major Chinese factories to produce more electric vehicles in the world’s largest EV market.The Wall Street Journal - World - China -
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 -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - Business -
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 - Business -
Southwest Quits Four Airports in Cost-Cutting Drive
The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in achieving growth plans because of it.The New York Times - Business -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
Even If the Fed Cuts, the Days of Ultralow Rates Are Over
Soaring budget deficits and investment needs mean the “neutral” interest rate may be higher.The Wall Street Journal - World - Federal Reserve -
Southwest Quits Four Airports in Cost-Cutting Drive
The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in achieving growth plans because of it.The New York Times - Business -
Metal Prices Are Mixed as Gold Slips on Easing Tensions
Gold futures slipped on easing safe-haven demand as geopolitical tensions eased and investors focus was on U.S. inflation.The Wall Street Journal - World -
BBC Verify examines reported strikes on Russian oil depots
The reported strikes have been geolocated to the Smolensk region of western Russia.BBC News - Top stories - Russia