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UniCredit boosts profit forecast
Italian lender plans to distribute about €10bn to investors this year after earnings beat expectationsFinancial Times - Business -
Apple Buys Itself Some Time for an AI Boost
Raised share buybacks helped buttress weak iPhone sales, but Apple will need to make its own AI play clear soon.The Wall Street Journal - World - Apple -
Hershey Boosted by Higher Prices and Sales Volumes
Consumers are still paying up for chocolate. Candy giant Hershey said sales rose 8.9% from year-ago levels, benefiting from both higher prices and volumes.The Wall Street Journal - World -
Immigrant workers are helping boost the U.S. labor market
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.CNBC - Business -
Freshfields boosts pay for newly qualified lawyers to £150,000
‘Magic circle’ law firm raises stakes in the legal battle for talent in LondonFinancial Times - Business -
Finland boosts war readiness in face of Russian aggression
Now in Nato, Helsinki disperses military supplies beyond its borders and hones economy for resilienceFinancial Times - Business - Russia -
Higher rates boost bankers to troubled companies
Fee revenue is up at boutique firms as borrowing costs force more clients to restructureFinancial Times - Business -
Oil Holds Steady After Israel Seizes Control of Rafah Crossing
Oil prices were steady as traders assessed developments in the Middle East after Israel stepped up attacks in the southern Gaza city of Rafah and while negotiations for a ceasefire remained on edge.The Wall Street Journal - World - Israel -
German Trade Gets Export Boost in March
Germany’s trade in goods rebounded a little more than expected in March as both exports and imports increased, suggesting renewed demand both at home and abroad.The Wall Street Journal - World - Germany -
Warren, Hawley introduce bill to boost airline competition
Sens. Elizabeth Warren (D-Mass.) and Josh Hawley (R-Mo.) introduced a bill that would boost competition in the airline industry and cut prices for consumers. The legislation, named the “Airport Gate Competition Act,” was introduced Tuesday. The ...The Hill - Politics -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
Reform UK boosts Labour’s prospects but struggles to take seats
Leader of right-wing party praises ‘great progress’ but narrow gains raise doubts about its electoral impactFinancial Times - World - United Kingdom -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business