BP said it plans to simplify its organizational structure in an effort to reduce duplication and complexity, though it will keep its three business units.
Morgan Stanley Research expects the dollar’s resilience to endure, building on gains versus the euro and the Chinese yuan in the short term due to the U.S. business cycle.
China’s youth unemployment rate remained steady in March, in what could be seen by some as a tentative sign that the world’s second-largest economy is gradually stabilizing.
ABB raised its profit guidance for 2024, despte reporting flat revenue for the first quarter that missed consensus expectations and weaker group orders.
EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build.
There are opportunities in bond markets despite tighter spreads, Edmond de Rothschild Asset Management said, adding that with rates high in absolute terms, they offer some protection against any economic accident.
Registrations of new cars in the European Union fell 5.2% on year in March, the largest monthly drop since November 2022, and in line with a trend of softening demand.
Nokia posted first-quarter earnings that beat expectations and said the period marked the low point in mobile networks demand, with activity expected to progressively pick up through the remainder of 2024.
Danone said it expected like-for-like sales growth of between 3% and 5% in 2024, and confirmed it anticipated a moderate improvement in recurring operating margin.
Apple will invest more than $250 million to expand a regional hub in Singapore to support growth and new undertakings in artificial intelligence, as the U.S. tech giant seeks to diversify its footprint in Asia and cut exposure to China.
Japanese stocks ended higher, led by gains in financial and chip-related stocks, as some bargain-hunting kicks in following three consecutive sessions of losses.
The Department of Justice is claiming that Apple is an illegal monopoly, hanging its case on a century-old law called the Sherman Act. WSJ breaks down the DOJ’s legal argument, and how Apple might fight back.
House Speaker Johnson said he would proceed with a high-stakes vote to move long-stalled funding for Ukraine, Israel and other overseas allies, elbowing aside criticism from his conservative flank.
The Justice Department agreed to pay about $100 million to victims of former national women’s gymnastics team doctor Larry Nassar, acknowledging FBI failures.
Biden called for raising tariffs on imports of steel and aluminum from China, beginning what is expected to be a broadside of protectionist steps against Beijing during a presidential election in which trade is a flashpoint.
On the battlefronts of the east, threadbare Ukrainian forces are doggedly holding on against mounting Russian assaults that are expected to reach a crescendo in the this summer.
The Supreme Court made it easier for workers to challenge job transfers as discriminatory, ruling that allegations of illegal treatment can be valid even if an employee’s pay or rank doesn’t change.
Columbia’s president faced pointed questions from members of a congressional panel critical of the university’s response to instances of antisemitism on campus.
Economists are ratcheting up their expectations for economic growth, inflation and the level of future interest rates, The Wall Street Journal’s latest quarterly survey shows.
The UAW’s historic effort to unionize more than a dozen factories outside Detroit faces its first test this week, as workers at VW’s lone U.S. plant cast ballots.