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Hershey’s stock rallies after earnings beat, as chocolate sales jump
“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 -
Amgen ‘very encouraged’ by data from weight-loss-drug trial, as stock jumps
Shares of Amgen Inc. rallied in the extended session Thursday after the drug maker posted adjusted earnings above expectations and executives said they are “very encouraged” by preliminary data from a trial of an injectable weight-loss drug.MarketWatch - Business -
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World -
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world’s biggest initial public offering so far this year.The Wall Street Journal - World -
Attacks on press freedom around the world are intensifying, index reveals
In the past year, in virtually every region, journalists and independent media outlets faced increasing repression. Political attacks on press freedom, including the detention of journalists, suppression of independent media outlets and widespread ...The Guardian - World -
U.S. Stocks Climb After Jobs Report
U.S. stocks were climbing after the latest jobs report showed hiring pulled back sharply in April.The Wall Street Journal - World -
Jump in penalties for late filing of tax returns
A self-assessment return may be due even if there is nothing to payFinancial Times - World -
How Marine Le Pen fell out with the German far right
Trip to tropical island brings Rassemblement National to brink of break-up with Alternative for GermanyFinancial Times - World - Germany -
Conservative Ben Houchen holds on as mayor in key Tees Valley race
Result provides glimmer of hope for Rishi Sunak in otherwise grim local election resultsFinancial Times - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
ICC chief prosecutor hits out at unnamed ‘threats’ against his work
Israeli officials had warned that the tribunal was considering issuing arrest warrants in relation to war in GazaFinancial Times - World -
US labour market undershoots forecasts with 175,000 new jobs
Non-farm payrolls figure for April indicates US economy is cooling and bolsters expectations for rate cuts this yearFinancial Times - World -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
A Handful of Plunging Stocks Suggests the Consumer Is Not All Right
Investors sold off Starbucks, DoorDash, and Netflix after weak earnings.Inc. - Business -
FuboTV’s stock surges after losses narrow to half what was expected
FuboTV’s stock powered up in premarket trading Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected and beat its own subscriber guidance.MarketWatch - Business -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Jim Cramer's top 10 things to watch in the stock market Friday
The Dow, S&P 500 and Nasdaq set to surge at Friday open after much weather-than-expected jobs growth in April.CNBC - Business -
Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
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Flight Centre's Top Executive Sees Growth Without Major M&A
Flight Centre’s top executive says the Australia-based travel company is well-positioned to grow without more major deals, though smaller acquisitions are still possible in specialized areas.The Wall Street Journal - World -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
Major corporations reluctant to make a splash at the 2024 political conventions
Normally risk-averse companies are considering whether attaching their brand to the political conventions is worth the potential backlash.NBC News - Top stories -
Miami Heat 2024 NBA offseason preview: Don't expect major changes
Heat Culture may mean a more cautious approach to retool around Jimmy Butler and Bam Adebayo.Yahoo Sports - Sports - NBA -
Roberto De Zerbi’s stock has fallen – staying at Brighton is the best way to build it back
As Roberto De Zerbi took his seat behind a microphone at the Amex Stadium on Tuesday night, in front of a room full of Brighton supporters, he must have known it was only a matter of time before he was quizzed on his future.Yahoo Sports - Sports -
Apple’s stock is seeing its best day in 1.5 years, but an existential question remains
Now that the company has helped soothe the China concerns, it’s time for Apple to move on to the next big area of investor debate: its AI positioning.MarketWatch - Business -
Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide
Amgen's update fueled concerns about potential new competition in the weight loss drug market, sending shares of Novo Nordisk and Eli Lilly lower.CNBC - Business -
Here's how much it costs to rent a 1-bedroom apartment across 10 major cities in Asia
Here is the median price to rent a 1-bedroom apartment across 10 major cities in Asia, according to the Global Property Guide.CNBC - Business -
Cardinals' surprisingly bad start to 2024: Reasons for optimism (pitching) and major concern (hitting)
St. Louis is already hovering near last place in the NL CentralCBS Sports - Sports