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Nissan Expects Drop in Annual Profit
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Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
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 -
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 -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
Social Security’s annual report is terrible news for seniors
The revised forecast doesn’t mean we can worry lessMarketWatch - Business -
'No financial room,' German minister says as tax revenues drop
Yahoo News - World - Germany -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
Charles drops out of top 100 baby names for boys
Olivia and Noah keep their spots as England and Wales' most popular baby names.BBC News - Top stories - United Kingdom
More from The Wall Street Journal
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Why Cocoa Farmers Are GPS Mapping Where Their Beans Are Grown
A new European Union law that aims to make chocolate more sustainable has left farmers racing to map their plots—and is poised to add to high prices.The Wall Street Journal - World -
Smaller European brands are embracing the U.S. as alternative growth markets such as China and Russia become increasingly fraught.
Smaller European brands are embracing the U.S. as alternative growth markets such as China and Russia become increasingly fraught.The Wall Street Journal - World - China -
The weak yen is dividing Japan into the haves and the have-less, where consumers with dollars and euros live well and those who hold only the domestic currency make do.
The weak yen is dividing Japan into the haves and the have-less, where consumers with dollars and euros live well and those who hold only the domestic currency make do.The Wall Street Journal - World -
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.The Wall Street Journal - World -
Behind Zuckerberg's contrarian strategy to give away Meta's artificial-intelligence technology is a bet that making Silicon Valley's hottest new offering free will drive down competitors' prices and spread Meta's version more broadly.
Behind Zuckerberg’s contrarian strategy to give away Meta’s artificial-intelligence technology is a bet that making Silicon Valley’s hottest new offering free will drive down competitors’ prices and spread Meta’s version more broadly.The Wall Street Journal - World