Uber Posts Higher Revenue and Adjusted Profit
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Schlumberger posts profit gain for first quarter as revenue tops estimates
International revenue for the oil-services company rose 18% to offset softness in North America, Schlumberger’s CEO said.MarketWatch - Business -
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.The Wall Street Journal - World -
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.The Wall Street Journal - World -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
P&G Sales Boosted by Higher Prices Outside the U.S.
Higher prices for diapers and razors boosted sales and profits at Procter & Gamble in the latest quarter, but the maker of Pampers and Tide said it held the line on goods in the U.S.The Wall Street Journal - World -
EPA issues waiver allowing higher-ethanol gas to be sold this summer
The Biden administration has issued a waiver allowing fuel with higher ethanol content to be sold during the summer months when gasoline prices typically rise. E15, a fuel blend with 15 percent ethanol, is an estimated $0.25 cheaper than E10 fuel, ...The Hill - Politics -
For a Storied N.H.L. Franchise, the Stakes Have Never Been Higher
The Oilers haven’t won a Stanley Cup since 1990. This team, with its future in limbo, could be Edmonton’s best chance.The New York Times - Sports -
Garnacho sorry for liking critical posts - Ten Hag
Manchester United manager Erik Ten Hag says that Alejandro Garnacho has apologised for liking critical social media posts.BBC News - Top stories -
Post Office lawyer 'missed' key Horizon finding
A top lawyer says he and others missed a finding in 2014 that the software could be accessed remotely.BBC News - Top stories -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Slash tax on profits from Russia’s frozen assets, US urges allies
Maximise every euro from immobilised reserves to aid Ukraine, says Biden adviser Daleep SinghFinancial Times - Business - Russia -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Fed report highlights risks to financial stability if interest rates stay higher for longer
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.MarketWatch - Business - Federal Reserve -
UK will not ‘turn on’ post-Brexit checks of EU goods for fear of border delays
Industry groups say lack of clarity leaves businesses unsure how to manage new rules due to start on April 30Financial Times - Business - United Kingdom -
Watch: Lawyers spar during tetchy exchanges at Post Office inquiry
Rodric Williams, who still works for the company, was a Post Office lawyer as the Horizon scandal developed.BBC News - Top stories -
Why young core gives Warriors hope for post-Big Three future
An emerging, young core has given the Warriors hope for their future after Steph Curry, Klay Thompson and Draymond Green.Yahoo Sports - Sports -
Rocky flight: FAA probes MLB coach's video post
In a since-deleted social media post, Rockies hitting coach Hensley Meulens is seen sitting in a pilot's seat during the team's chartered flight to Toronto. The FAA and United Airlines are investigating the situation.ESPN - Sports - MLB -
Facebook Says Sorry Its AI Flagged Auschwitz Museum Posts as Offensive
Yahoo News - World - Facebook -
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
Humanitarian situation in Palestinian enclave remains dire, says EU’s top diplomatFinancial Times - World - Iran -
Starmer calls for police investigation into Tory MP Mark Menzies
Politician accused of using thousands of pounds given by donors for medical bills and personal expensesFinancial Times - World -
Nissan cut its net profit estimate for the fiscal year, missing analysts' expectations, as it sold fewer cars than expected.
Nissan cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than expected.The Wall Street Journal - World -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
TV and film jobs may never fully recover post-pandemic, strikes, says Teamsters president
When it comes to film and TV jobs, "you'll hear the word 'contraction' a lot," said Teamsters president Tommy O'Donnell on a recent MediaMKRS panel.CNBC - Business -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World