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Stock market today: Indexes edge lower as investors assess Israel's strike on Iran

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Israel's reported missile strike against Iran was largely seen as symbolic and could serve as an off-ramp to avoid further conflict.

Tennessee Volkswagen workers vote on union membership in test of UAW's plan to expand its ranks

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CHATTANOOGA, Tenn. (AP) — The United Auto Workers’ ambitious drive to expand its reach to nonunion factories across the South and elsewhere is facing a key test Friday night as workers at a Volkswagen plant in Chattanooga, Tennessee,…

Skydance expects to more than double its revenue in coming years, WSJ reports

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Skydance expects to make just over $1 billion in revenue in 2024 with Ebitda of $90 million, and in 2025 expects $2.29 billion in revenue and $322 million in Ebitda, the report added, citing people familiar with the matter. Paramount is…

Cnergenz Berhad (KLSE:CNERGEN) Will Be Hoping To Turn Its Returns On Capital Around

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If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says

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BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate crisis and weak consumer demand.

Celsius Holdings Inc CFO Jarrod Langhans Sells Company Shares

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Celsius Holdings Inc (NASDAQ:CELH), a global company with a proprietary, clinically proven formula for its brand of fitness drinks, has reported an insider sale according to a recent SEC filing.

Friday, Apr 19

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Google scraps minimum wage, benefits rules for suppliers and staffing firms

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Alphabet Inc's Google on Friday said it will roll back requirements that U.S. suppliers and staffing firms pay their employees at least $15 an hour and provide health insurance and other benefits, a move that could allow the tech giant to…

UPDATE 1-New York fails to reach contracts with 3 major offshore wind farms

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A New York state agency on Friday said it had failed to reach final contract agreements with the developers of three major offshore wind projects, blaming a decision by General Electric Vernova to scrap plans for a new turbine. The…

Stock market today: Gold and oil spike and US futures drop after Iran comes under fire

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Gold and oil prices jumped following Israel's apparent retaliation against Iran before paring gains, while stock markets look set to open lower.

Next UN climate talks are critical to plot aid for poorer nations, says incoming president

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WASHINGTON (AP) — The man who will run United Nations climate talks this November views the negotiations as a key link in international efforts to curb global warming. The conference in Baku, Azerbaijan, must build on last year's…

TREASURIES-Yields slip as investors move toward safe haven assets

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Easing concerns over a broad Middle East conflict will likely continue to pressure Treasuries, which have sold off for much of the week on worries that persistent inflation will prevent the Federal Reserve from cutting interest rates this…

Bank of Korea chief watching Middle East tensions for FX, growth outlook reviews

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South Korea's central bank chief on Friday said odds for any further policy action to stabilize the slumping Korean won now depend on how events in the Middle East unfold as the bank is ready to take steps to stabilize forex markets if…

Apple pulls WhatsApp and Threads from App Store on Beijing's orders

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HONG KONG (AP) — Apple said it had removed Meta’s WhatsApp messaging app and its Threads social media app from the App Store in China to comply with orders from Chinese authorities. The apps were removed from the store on Friday after…

Google staff ordered to leave politics at home after anti-Israel protests

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Google’s chief executive has told staff to leave their politics at home in a rebuke to employees who have campaigned against its work with the Israeli government.

Wednesday, Apr 17

TREASURIES-Treasury selloff pauses, though rate cut expectations recede

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U.S. Treasury yields dipped on Wednesday, slowing a weeklong selloff that had pushed benchmark 10-year Treasury yields to their highest levels since November. The selloff has come as investors and the Federal Reserve reevaluate the need…

Exclusive-Billing software firm Zuora explores sale after takeover interest, sources say

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NEW YORK (Reuters) -Zuora, which makes subscription management software for businesses, is exploring options that include a sale after receiving acquisition interest from potential suitors, according to people familiar with the matter.…

UPDATE 1-Zalando challenges supervisory fee for EU online content rules, third such lawsuit

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German online fashion retailer Zalando has challenged a supervisory fee aimed at covering EU regulators' costs of monitoring compliance with new European Union tech rules, the third company to take EU tech enforcers to court on the matter.…

Capital gains are going to be taxed more, and these economists say it's a good thing

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OTTAWA — The Liberal government is going to change how capital gains are taxed in Canada, which will affect corporations and the country's wealthiest individuals. The federal budget presented Tuesday proposes taxing two-thirds rather than…

Feds, advocate square off in court over air passenger refunds

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OTTAWA — The federal government and a consumer rights advocate are squaring off in court over whether regulators misled passengers by encouraging travel credit rather than refunds at the onset of the pandemic. In the early months of COVID…

Investors want answers from Musk on affordable car

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STORY: Tesla investors are restless.Nearly two weeks ago, Reuters exclusively reported the company had scrapped plans for a lower-cost electric vehicle.Tesla denied the report, and CEO Elon Musk wrote (quote), “Reuters is lying” on his…

Tuesday, Apr 16

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JPMorgan Chase & Co. (NYSE:JPM) Q1 2024 Earnings Call Transcript

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JPMorgan Chase & Co. (NYSE:JPM) Q1 2024 Earnings Call Transcript April 12, 2024 JPMorgan Chase & Co. beats earnings expectations. Reported EPS is $4.63, expectations were $4.18. JPMorgan Chase & Co. isn’t one of the 30 most popular stocks…

The Lovesac Company (NASDAQ:LOVE) Q4 2024 Earnings Call Transcript

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The Lovesac Company (NASDAQ:LOVE) Q4 2024 Earnings Call Transcript April 11, 2024 The Lovesac Company misses on earnings expectations. Reported EPS is $1.87 EPS, expectations were $1.93. LOVE isn’t one of the 30 most popular stocks among…

Wells Fargo & Company (NYSE:WFC) Q1 2024 Earnings Call Transcript

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Wells Fargo & Company (NYSE:WFC) Q1 2024 Earnings Call Transcript April 12, 2024 Wells Fargo & Company beats earnings expectations. Reported EPS is $1.26, expectations were $1.11. Wells Fargo & Company isn’t one of the 30 most popular…

Canada's inflation rate ticks up to 2.9% in March amid higher gas prices, boosting June rate cut bets

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"The inflation data for March should give monetary policymakers confidence that the progress made in taming consumer price pressures is sustainable."

Constellation Brands, Inc. (NYSE:STZ) Q4 2024 Earnings Call Transcript

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Constellation Brands, Inc. (NYSE:STZ) Q4 2024 Earnings Call Transcript April 11, 2024 Constellation Brands, Inc. beats earnings expectations. Reported EPS is $2.26, expectations were $2.08. Constellation Brands, Inc. isn’t one of the 30…

CarMax, Inc. (NYSE:KMX) Q4 2024 Earnings Call Transcript

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CarMax, Inc. (NYSE:KMX) Q4 2024 Earnings Call Transcript April 11, 2024 CarMax, Inc. misses on earnings expectations. Reported EPS is $0.32 EPS, expectations were $0.49. CarMax, Inc. isn’t one of the 30 most popular stocks among hedge…

Stocks in play: TD Bank Group

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Announced today that it expects The Charles Schwab Corporation's first quarter earnings to translate ...

Fed could keep monetary policy tight for longer if needed, Jefferson says

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Federal Reserve Vice Chair Philip Jefferson, in remarks devoid of any mention of interest rate cuts, said on Tuesday "it will be appropriate to hold in place the current restrictive stance of policy for longer" if inflation fails to slow…

Pure Cycle Corporation (NASDAQ:PCYO) Q2 2024 Earnings Call Transcript

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Pure Cycle Corporation (NASDAQ:PCYO) Q2 2024 Earnings Call Transcript April 11, 2024 Pure Cycle Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good…

Scottish Power to pay out £1.5m after overcharging 1,700 households

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Supplier mistakenly charged direct debit customers at rate meant for those who pay when they get bills