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Alphabet Earnings: Google Parent’s Profit Drops 8%

Business NY Times -
The results were below analysts’ expectations for a net profit of $17.33 billion on revenue of $68.05 billion.  » mehr lesen

Elon Musk’s Deal for Twitter Includes a $1 Billion Breakup Fee

Business NY Times -
Twitter would have to pay if it signed a deal with another suitor. Mr. Musk would have to pay if his financing falls apart.  » mehr lesen

Microsoft Reports Rising Revenue and Profits in the First Quarter

Business NY Times -
Its sales of $49.4 billion in the first quarter were up 18 percent from a year earlier.  » mehr lesen

Ford Has Made 2,000 Electric F-150 Lightning Trucks, It Says

Business NY Times -
Deliveries of the F-150 Lightning, Ford’s most important new vehicle in many years, will begin in the coming week, it said.  » mehr lesen

PepsiCo says revenues jumped after raising prices.

Business NY Times -
Thanks to price increases at many of its popular drink and snack brands, PepsiCo reported strong first-quarter revenues.  » mehr lesen

Selling Twitter to Elon Musk Is Good for Investors. What About the Public?

Business NY Times -
The company’s decision to sell seems to have been based purely on the financials, with little if any regard for other stakeholders.  » mehr lesen

Amid Virus Chaos, Shanghai Residents Band Together

Business NY Times -
As the authorities in China’s biggest city fight to stamp out an Omicron outbreak, neighbors are turning to one another for support.  » mehr lesen

Hot Job Market, an Economic Relief, Is a Wall Street Worry

Business NY Times -
This year’s decline in stock prices follows a historical pattern: “When unemployment is ultra low, the uppity times are behind us,” a bank research chief said.  » mehr lesen
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