Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
HTC Expects Brighter Second Quarter Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
Mobile Efforts Help Propel Facebook’s Earnings Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
Sears Didn't Move Fast Enough, CEO Says Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
J.C. Penney ad apologizes to customers The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
PDD Holdings Full Year 2023 Earnings: Beats Expectations Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, ... 04/27/2024 - 2:04 am | View Link
Magnificent Seven Earnings Scorecard: Who Did Well, Who Got Richer (And Poorer) With four of the seven “magnificent seven” companies reporting earnings—and their stocks moving hundreds of billions of dollars in accordance—it was a massive week for investors. 04/27/2024 - 2:00 am | View Link
Wall St Week Ahead Lofty US stocks leave investors punishing earnings disappointments Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. 04/26/2024 - 11:09 am | View Link
What We Learned From Big Tech Earnings This Week Key TakeawaysArtificial intelligence was in the spotlight in Meta Platforms, Google parent company Alphabet, and Microsoft earnings reports, but investors were difficult to please despite the ... 04/26/2024 - 8:52 am | View Link
Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What's Driving Markets Friday? Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that ... 04/26/2024 - 6:45 am | View Link
Protecting Americans cannot be accomplished by banning a single app.
When President Joe Biden signed a $95 billion foreign aid bill into law on April 24, it started the clock on a nine-month window for TikTok’s China-based parent company, ByteDance, to sell the app. The president can extend the deadline by three months, and TikTok has indicated that it plans to challenge the law in court.
The same goes for ExxonMobil.
This article originally appeared on Inside Climate News. It is republished with permission. Sign up for the newsletter here.
Here are 10 of the most (and least) expensive countries for subscribing to Netflix without ads—and what you can expect to find in their libraries.
A vacation done right typically involves very few waking hours spent inside a hotel room. What’s the point of getting out of the country, after all, if you’re barely getting out of bed?
A potential conflict looms with avocado growers—who are often sponsored by or pay protection money to drug cartels.
As a drought in Mexico drags on, angry subsistence farmers have begun taking direct action on thirsty avocado orchards and berry fields of commercial farms that are drying up streams in the mountains west of Mexico City.
Enlarge / Jürgen Trittin, member of the German Bundestag and former environment minister, stands next to an activist during an action of the environmental organization Greenpeace in front of the Brandenburg Gate in April 2023. The action is to celebrate the shutdown of the last three German nuclear power plants.
Enlarge / More players have been emerging from this vault lately than have in years. (credit: Samuel Axon)
War never changes, but Fallout 76 sure has. The online game that launched to a negative reception with no NPCs but plenty of bugs has mutated in new directions since its 2018 debut.