York Court Lowers Bond
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Comex Gold Settles Lower, Silver Rises
Gold settled 0.1% lower, down for two consecutive sessions, while silver rose 0.2%, up four of the past six sessions.The Wall Street Journal - World -
CBA Reports Lower Profit as Margins Weaken
Commonwealth Bank of Australia posted a fall in third-quarter profit, reporting slightly lower margins as competition remains in the country’s retail banking sector.The Wall Street Journal - World -
CBA Reports Lower Profit as Margins Weaken
Commonwealth Bank of Australia posted a fall in third-quarter profit, reporting slightly lower margins as competition remains in the country’s retail banking sector.The Wall Street Journal - Business -
Dow Edges Higher, Nasdaq Slips; Uber, Lyft Shares Diverge
U.S. stocks were mixed as first-quarter earnings season nears its end.The Wall Street Journal - World -
Intel Lowers Sales Outlook After China Chip Licenses Revoked
The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.The Wall Street Journal - World - China -
Intel Lowers Sales Outlook After China Chip Licenses Revoked
The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.The Wall Street Journal - Business - China -
Airbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market tradingABC News - Tech -
Takeda Projects Lower Annual Profit After Quarterly Loss
The Japanese drugmaker reported a fourth-quarter loss and forecast a drop in annual net profit due partly to restructuring expenses.The Wall Street Journal - World -
Takeda Projects Lower Annual Profit After Quarterly Loss
The Japanese drugmaker reported a fourth-quarter loss and forecast a drop in annual net profit due partly to restructuring expenses.The Wall Street Journal - Business -
Chinese Developer Misses Bond Payments, Says State Could Help
Country Garden said a state guarantor could come to its aid after the troubled developer missed deadlines for bond payments, presenting a key test in an ongoing debt crisis in China’s property sector.The Wall Street Journal - World - China -
Emerging market junk bonds are top performers in sovereign debt markets
Resilience of global economy, higher commodity prices and support from IMF help drive returns for lower-rated bondsFinancial Times - Business -
Bond yields and the pound fall as two Bank of England members vote for cut
U.K. bond yields and the British pound slipped on Thursday as the Bank of England saw two voters prefer an interest-rate cut.MarketWatch - Business -
Chinese EV maker Nio to launch its lower-priced brand Onvo on May 15
Chinese electric car company Nio said Thursday it will launch its lower-priced brand called Onvo on May 15.CNBC - Business -
Planet Fitness’ stock slides 11% after company lowers guidance to reflect cautious consumer
Planet Fitness Inc.’s stock fell 11% early Thursday, after the operator of fitness centers lowered its full-year guidance to reflect a more cautious consumer that led first-quarter revenue to fall slightly short of estimates.MarketWatch - Business -
Intel said its revenue for the current quarter would be lower than expected amid new restrictions on sales by chip makers to Huawei.
Intel said its revenue for the current quarter would be lower than expected amid new restrictions on sales by chip makers to Huawei.The Wall Street Journal - World -
Stocks and bonds haven’t been this in sync in decades: why both still deserve space in your portfolio
The notion that stocks should rise while bond prices fall, and vice versa, is an enduring piece of investing conventional wisdom. But history shows the relationship between the two asset classes is more complicated.MarketWatch - Business -
New York Times Gains 210,000 Digital Subscribers
The company’s digital-subscriber base hit 9.91 million in the first quarter, but the publisher also posted lower advertising revenue.The Wall Street Journal - World - New York -
Don't Junk New York's Legal Marijuana Market
The black market doesn’t have to triumph.The Wall Street Journal - World - New York -
New York City cracks down on retail theft
Manhattan District Attorney Alvin L. Bragg, Jr. announced Wednesday that more than $1 million in stolen goods headed for resale were recovered as part of an indictment targeting a retail theft operation. Lilia Luciano has more.CBS News - Top stories - New York -
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 -
Stormy Daniels testifies in Donald Trump's New York criminal trial
Adult film actor Stormy Daniels was questioned about an alleged sexual encounter with former President Donald Trump at his New York criminal trial on Tuesday.CBS News - Top stories - New York