Apple Finds Strength in India as Overall Sales Fall for Second Straight Quarter
The company logged strong iPhone growth in places such as India, Indonesia, Latin America and the Middle East, a sign of resilience as the tech giant continues to face economic uncertainty.
Regional-Bank Shares Dive as Investors Fret About Contagion
PacWest Bancorp and First Horizon shares fell as investors wondered how much further regional-banking problems could spread.
IAG Returns to Profit as Demand Rebounds
IAG reported a surprise underlying profit of EUR9 million in the first quarter and raised its earnings guidance for the year on strong demand, with 2023 capacity seen at around 97% of prepandemic levels.
Air France-KLM Cuts Capacity Target as First Quarter Falls Short
Air France-KLM reported narrower losses in the first quarter but which fell short of expectations, and slightly lowered its capacity forecast for the year ahead despite strong ticket sales that lifted revenue.
Crypto Exchange Coinbase Posts Loss, but Beats Expectations
The company posted a fifth straight quarter of losses as individual investor enthusiasm for crypto trading on the platform remains stagnant.
Lyft Stock Falls After Weak Outlook
The new CEO says the latest layoffs will help the company save about $300 million.
AIG Buoyed by Higher Premiums on Business Insurance
The company’s core insurance operations produce their best first quarter in 15 years.
Google Launches Cybersecurity Certificates for Entry-Level Workers
Program will teach students the basics of cyber analyst work.
Former Uber Security Chief Gets Probation in Obstruction Case
Joseph Sullivan avoids prison sentence in case that has been closely watched by the cybersecurity industry.
Shopify to Lay Off 20% of Its Workforce as It Sells Logistics Business to Flexport
Sale of Deliverr and 6 River Systems effectively ends its bid to run its own logistics operation for its merchant customers.
Source: Dow Jones Newswires