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New Trial Set for Nicollette Sheridan
A California judge has ordered a new trial in Nicollette Sheridan's wrongful-termination lawsuit against ABC and "Desperate Housewives" creator Marc Cherry.
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Motley Fool•Rooting for Trump to fail has made his stock shorters millions
Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists and wild swings that often mirror the candidate’s latest polls, court trials and outbursts on Trump Social itself.
Associated Press Finance•Chevron's quarterly profit beats estimates amid higher US production
Oil giant Chevron Corp beat estimates for first-quarter profit on Friday as higher production volumes helped offset a hit from weak natural gas prices.
Reuters•Microsoft beats Q3 top and bottom lines on cloud strength
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud products.
Yahoo Finance•Why Are Shares of Intel Stock Crashing After Earnings?
Intel stock dropped 9% after the company reported Q1 earnings. Is it a buy right now?
Motley Fool•Investors brace for 5% Treasury yields as US inflation worries mount
As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October. Bond yields, which move inversely to prices, have climbed in recent weeks as signs of persistent inflation erode expectations for how deeply the Federal Reserve will be able to cut interest rates without further fueling consumer prices. Many investors are betting further weakness lies ahead for bonds.
Reuters•Exxon misses on Q1 profit despite big gains in Guyana
HOUSTON (Reuters) -Exxon Mobil Corp on Friday missed analysts' estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset volume gains. The largest U.S. oil company, which is in the process of closing a $60 billion deal for top shale oil producer Pioneer Natural Resources, posted first-quarter earnings of $8.22 billion, or $2.06 per share, compared to an $11.43 billion net profit a year ago. Earnings from oil and gas production fell 14% on lower natural gas prices and refining tumbled 67% on weaker margins and investment and tax costs.
Reuters•