German government cuts economic forecast, sees 2.2% growth
BERLIN — The German government forecast today that the country’s economy, Europe’s biggest, will grow by only 2.2% this year as Russia’s war in Ukraine…
AP Wire
Boeing posts $1.24 billion loss for the first quarter
Boeing said today that it lost $1.2 billion in the first quarter as it and took large write-downs and lost money in both its civilian-airplane…
Kraft: Q1 earnings snapshot
PITTSBURGH — Kraft Heinz Co. today reported first-quarter profit of $776 million. On a per-share basis, the company said it had profit of 63 cents….
Musk’s Twitter ambitions to collide with Europe’s tech rules
LONDON — Elon Musk’s Twitter acquisition and his plans for a more hands-off approach to moderating content could clash with ambitious new laws in Europe…
Bitcoin in 401(k) becomes reality for more, despite warnings
NEW YORK — More workers may soon be able to stake some of their 401(k) retirement savings to bitcoin, as cryptocurrencies crack even deeper into…
US consumers confident in April, but slightly less so
WASHINGTON — U.S. consumer confidence dampened slightly in April but remains high as inflation concerns continue to weigh on their short-term outlook. The Conference Board…
Can Musk deliver on his vision for Twitter? Questions remain
Tesla CEO Elon Musk stands to be the next owner of Twitter, having pledged roughly $44 billion to buy the social platform and take it…
Sherwin-Williams: Q1 earnings snapshot
CLEVELAND — Sherwin-Williams Co. today reported first-quarter net income of $370.8 million. On a per-share basis, the company said it had profit of $1.41. Earnings,…
3M: Q1 earnings snapshot
ST PAUL, Minn. — 3M Co. today reported first-quarter profit of $1.3 billion. On a per-share basis, the company said it had profit of $2.26….
UPS: Q1 earnings snapshot
ATLANTA — United Parcel Service Inc. today reported first-quarter profit of $2.66 billion. The company said it had profit of $3.03 per share. Earnings, adjusted…