Abm Industries 2q Profit Increases on Higher Sales
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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 -
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 -
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 -
Syphilis case increase sparks Colorado public health order
An alarming spike in syphilis cases in Colorado prompted a statewide public health order, particularly focused on treating the disease among pregnant woman and babies. Colorado Gov. Jared Polis (D) announced Thursday the state would implement more ...The Hill - Politics -
Chinese Exports Are Threatening Biden’s Industrial Agenda
The president is increasingly hitting back with tariffs and other measures meant to restrict imports, raising tensions with Beijing.The New York Times - Business - Joe Biden -
An Industry Veteran Drew on Family History to Create a Brand
Neil Duckworth designs watches that have a distinctly vintage feel at a price “I would spend myself.”The New York Times - Lifestyle -
U.S. Natural Gas Futures Move Cautiously Higher
Natural gas futures were steady to higher as some late-season cold is forecast for parts of the U.S. over the weekend.The Wall Street Journal - World -
Ocean spray emits more PFAS than industrial polluters, study finds
Research into release of ‘forever chemicals’ raises concerns about contamination and human exposure along world’s coastlines. Ocean waves crashing on the world’s shores emit more PFAS into the air than the world’s industrial polluters, new ...The Guardian - 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 -
U.K. Retail Sales Flat in March
Total U.K. sales volumes were no higher in March than in February, a weaker reading than had been forecast, and limiting the boost to wider economic growth.The Wall Street Journal - World - United Kingdom -
When Valuing Your Business for Sale, Be Like Goldilocks
How to make sure the price isn't too hot, and isn't too cold, but just right.Inc. - Business -
'Humpty Dumpty house' put up for sale
The ditty is said to have been inspired by events at the site of the property almost 500 years ago.BBC News - Top stories -
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 -
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 -
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 -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
British retail sales stagnate as shoppers cut back on groceries
Economists had expected 0.3% expansion in MarchFinancial Times - World -
Procter & Gamble sales disappoint as price hikes slow down
The Tide owner's quarterly volume was flat for the second consecutive quarter.CNBC - Business -
Home sales are down. Here's why buyers should act now.
A drop in home sales could prove to be an opportunity for some buyers. Here's why.CBS News - Top stories -
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 -
Luxury car sales plunge as buyers put off by Seoul’s neon licence plates
President Yoon Suk Yeol has pledged to target private use of company vehiclesFinancial Times - World -
P&G’s stock falls after a sales miss, as baby and health-care volumes declined
Shares of Procter & Gamble Co. slipped Friday, after the consumer packaged-goods company reported fiscal third-quarter sales that came up short of forecasts, amid weakness in the segment encompassing baby, feminine and family-care products.MarketWatch - Business -
Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.CNBC - Business - Crypto -
Congress is fast-tracking a bipartisan effort to crack down on TikTok that could lead to passage of a law this month forcing a sale or eventual ban of the Chinese-controlled app in the U.S.
Congress is fast-tracking a bipartisan effort to crack down on TikTok that could lead to passage of a law this month forcing a sale or eventual ban of the Chinese-controlled app in the U.S.The Wall Street Journal - World