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Huawei Bounces Back From U.S. Sanctions as Profit Doubles
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Digital ad market is finally on the mend, bouncing back from the 'dark days' of 2022
Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.CNBC - Business -
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business -
Boston bounces back quickly to take 2-1 lead over Heat
The Celtics led by as much as 29 in Game 3.Yahoo Sports - Sports -
U.S. reviewing whether to restrict military aid to IDF unit accused of human rights abuses
The Biden administration is reviewing whether to restrict aid to an Israeli military battalion after determining that it was one of three battalions credibly implicated in gross human rights violations against Palestinians in the occupied West ...NBC News - Politics -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
LSE Group investors back doubling chief’s pay to US levels
David Schwimmer could earn up to £13.1mn this year and become one of the best-paid FTSE 100 executivesFinancial Times - Business -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - World
More from The Wall Street Journal
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Watch Out for a Global Wealth Tax
Will Biden and Yellen buy into the G-20 proposal for a 2% tax on assets?The Wall Street Journal - World -
Richard Cordray Has No Regrets
The federal student aid chief leaves after an historic run of failure.The Wall Street Journal - World -
Macron Wants to Get France Back to Work
The French President’s next reform will be reducing the incentive to live off the state.The Wall Street Journal - World -
Congress Leads on Iran Sanctions
The foreign-aid package includes a series of new sanctions, countering Biden’s accommodation.The Wall Street Journal - World - Iran -
On Columbia University and Coach Handbags
A degree’s value, in both money and status, depends on the reputation of the institution’s brand.The Wall Street Journal - World