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Luxury car sales plunge as buyers put off by Seoul’s neon licence plates
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Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - World -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - Business -
Healthy Returns: Sales of Humira are plunging, but AbbVie has two promising successors
AbbVie has two successors that could offset the losses from its blockbuster drug Humira. Meanwhile, UnitedHealth Group's CEO will testify on Capitol Hill.CNBC - Business -
Etsy shares plunge 12% on decline in gross merchandise sales
Etsy Inc.’s stock plunged 16% in after-hours trading Wednesday after the company posted quarterly results that included a decline in gross merchandise sales.MarketWatch - Business -
Volkswagen Hit by Drop in Car Sales But Confirms Outlook
Volkswagen posted lower sales revenue and profit margins in the first quarter on fewer vehicle sales and higher costs, but backed its full-year outlook.The Wall Street Journal - Business -
The New Math of Driving Your Car Till the Wheels Fall Off
Drivers are rethinking the right number of years to keep a car as the costs of ownership increase.The Wall Street Journal - World -
Mercedes-Benz Posts Profit Beat Despite Lower Car Sales
Mercedes-Benz reported lower profit and revenue for the first quarter fell on fewer cars sales and supply-chain bottlenecks but confirmed its guidance for the year.The Wall Street Journal - Business -
Alo’s Aloversary sale is here — shop our favorite items for 30% off
Alo is celebrating its birthday with its annual Aloversary sale. Save 30% off sitewide across clothing, workout equipment and beauty categories.NBC News - Top stories -
Lots of Italy, on Many Collectible Plates
Buon Ricordo plates were introduced 60 years ago at restaurants in Italy. The hand-painted ceramics can now be found at design trade shows and fancy décor stores.The New York Times - Lifestyle -
Outpayce granted e-money licence to offer regulated payments services
Yahoo News - World
More from Financial Times
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Japan is haunted by a return to emerging-economy status
The battering sustained by the yen since January is causing alarm in some quartersFinancial Times - World - Japan -
Manchester’s Co-op Live arena cancels opening concert a third time
‘Venue-related technical issue’ blamed for latest setback to hit £350mn project backed by Oak View GroupFinancial Times - World -
FirstFT: Federal Reserve signals that rates will remain higher for longer
Also in today’s newsletter, Chinese groups sanctioned by US for aiding Russia’s military, and the Republican party civil war flares up againFinancial Times - World - Federal Reserve -
Georgia cracks down on pro-EU protesters in Russia pivot
Clashes come after rare appearance by ruling party founder Bidzina Ivanishvili criticising the westFinancial Times - World - Russia -
Democrats accuse Big Oil of climate change ‘denial and doublespeak’
Three-year congressional investigation unearths internal industry documentsFinancial Times - World - Climate