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GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
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Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - World -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“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 -
Apple on pace for best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
SocGen makes patchy progress in first quarter
French bank offset weak fixed-income trading revenues with better performance in investment bankFinancial Times - Business -
Legrand Misses Forecasts But Keeps Outlook
Legrand posted lower profits for its first quarter following a slowdown in the construction sector, but confirmed its financial targets for the year.The Wall Street Journal - World -
Prospect Watch: Checking in on top prospects for each National League team after first month of 2024 season
How are the best prospects in the NL faring this year?CBS Sports - Sports -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale’s results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.The Wall Street Journal - World
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Hope Hicks Recalls Campaign Crisis After Emergence of 'Access Hollywood' Tape
The onetime White House communications director took the stand in the former president’s hush-money trial.The Wall Street Journal - World -
AI Could Breathe Life Back into Apple's iPhone Sales
Apple — and investors — are looking to artificial intelligence to breathe new life into its offerings, particularly as iPhone sales continue to sputter.The Wall Street Journal - World - Apple -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - World -
An Ex-Marvel CEO Made Architectural Restorations His 'Bad Habit.' He's Listing His Latest for $12.9 Million.
Eric Ellenbogen completed an extension renovation on the William F. Cody-designed home in Palm Springs, replacing the ‘coolcrete’ facade with terrazzo.The Wall Street Journal - World