Successful School Building Bids Drop
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In the 2024 Berkshire Hathaway shareholder meeting, Warren Buffett remembered his partner, Charlie Munger, and revealed the secrets of building a successful business.
Three tips to find partners you can trust.Inc. - Business -
Nissan Expects Drop in Annual Profit
The carmaker projected a drop in fiscal-year net profit, citing heightened competition and high inflation, after it posted lower quarterly net profit.The Wall Street Journal - World -
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 -
Bertelsmann Keeps Mixed Outlook After Revenue Drop
Bertelsmann said for 2024 it continues to expect a significant decline in revenue and earnings due to asset sales, but a moderate increase in both revenue and earnings from continuing operations.The Wall Street Journal - Business -
OPEC+ Likely to Extend Output Cuts in June, Goldman Sachs Says
OPEC+ was likely to extend output cuts in June, said Goldman Sachs’ Commodities Research analysts who no longer expect the group to announce a partial unwind of voluntary production cuts in that month.The Wall Street Journal - World -
BBVA Makes Hostile Bid for Sabadell
The Spanish lender’s all-share offer values its smaller rival at around $12 billion and comes after an initial approach on the same terms was rejected.The Wall Street Journal - World -
BBVA launches hostile bid for Sabadell
Spanish government rebukes bank’s action and warns of ‘potentially damaging effects’ on financial systemFinancial Times - Business -
Tripadvisor’s stock could see record plunge as potential buyout plans dropped
Tripadvisor’s stock took a dive premarket Wednesday, after the online travel-booking company said it decided pursuing a potential sale would not be in the best interest of the company or its shareholders.MarketWatch - Business -
Intel’s stock drops after Biden administration bans some sales to China’s Huawei
Intel’s stock took a hit Wednesday after the semiconductor giant disclosed that a U.S. government ruling will stop the export of some of the company’s products to a customer in China.MarketWatch - Business - Joe Biden -
Shopify Stock Slumps to Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.The Wall Street Journal - World -
Shopify Stock Slumps to Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.The Wall Street Journal - Business -
AstraZeneca to withdraw Covid vaccine worldwide, citing a drop in demand
Pharmaceutical giant AstraZeneca on Wednesday said it planned to withdraw its Covid-19 vaccine as demand for it has declined.CNBC - Business - Covid -
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Woman seeks to drop sexual assault lawsuit against ex-Grammys CEO
A woman who accused the former CEO of the Grammy Awards of sexually assaulting her in 2018 is asking a judge to drop the lawsuitABC News - Entertainment -
Arm shares drop as revenue forecast falls short despite AI boom
Lacklustre outlook raises concerns that spending on artificial intelligence chips could slowFinancial Times - Business -
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The Knicks' secret playoff weapon? Successful challenges
New York has been more aggressive early in games, leading the NBA in both total and successful challenges during the first round.Yahoo Sports - Sports -
U.S. Stalls Weapons Shipment to Israel in Bid to Stop Rafah Offensive
The Biden administration said it is concerned about how the weapons, including 2,000-pound bombs, would be used in urban areas of Gaza.The Wall Street Journal - World - Israel -
R1 Allows New Mountain, TCP-ASC to Discuss Joint Buyout Bid
R1 RCM has agreed to let its two biggest shareholders hold talks on a potential joint buyout of the revenue-cycle-management provider.The Wall Street Journal - World -
Sony, Apollo reportedly plan to break up Paramount if their buyout bid succeeds
Paramount Global’s vast entertainment empire would be broken up if a buyout bid from Sony Pictures Entertainment and Apollo Global Management succeeds, according to a new report.MarketWatch - Business -
Here’s why BBVA just launched a hostile bid for Sabadell
Days after a rebuff of an initial offer, BBVA turned hostile in its attempt to acquire smaller rival Sabadell.MarketWatch - Business