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Honda Motor Expects Annual Profit to Fall
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Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - Business -
Honda expects hybrid boom to last until end of decade
Consumers have turned to hybrids because of worries about EV costs and charging infrastructureFinancial Times - World -
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
Dublin-based Ryanair said full-year profit after tax jumped 34% and announced a 700-million-euro share buyback program.CNBC - Business -
Japan Government Bond Yields Climb on Expectations BOJ Could Reduce Bond Purchases
Japanese government bond yields rose on expectations the Bank of Japan could lower its bond buying in the coming months to support the weakening yen, Deutsche Bank Research said.The Wall Street Journal - World -
Everrati and W Motors join forces
Yahoo News - World -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
Ohtani Day to be annual celebration in L.A.
The city of Los Angeles has declared May 17 Shohei Ohtani Day, with the city council passing a resolution to make this an annual observance for the duration of Shohei Ohtani's Dodgers career.ESPN - Sports -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Social Security’s annual report is terrible news for seniors
The revised forecast doesn’t mean we can worry lessMarketWatch - Business
More from The Wall Street Journal
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Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new record settlement as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China -
Nasdaq, S&P 500 Advance to Start Week
Stocks rose, with technology shares leading the way higher as the S&P 500 and Nasdaq Composite sought fresh record highs.The Wall Street Journal - World -
'Character Matters' Review: Life Lessons From George H.W. Bush
A remembrance of the 41st president: modest, good-natured, with a sense of duty he displayed in his wartime service.The Wall Street Journal - World -
Ivan Boesky, Convicted in 1980s Insider-Trading Scandals, Dies at 87
His cooperation with federal authorities would lead to the end of the frenzied debt-fueled takeovers that upended most every industry.The Wall Street Journal - World -
Iranian President, Foreign Minister Killed in Helicopter Crash
Ebrahim Raisi’s death deprives Supreme Leader Ayatollah Ali Khamenei of a longtime ally as Tehran angles for regional dominance.The Wall Street Journal - World - Iran