Procter & Gamble Turns in Mixed Quarter as Earnings Beat but Sales Miss

The consumer product goods company raises fiscal-year earnings guidance. 


 
Tesla to Recall 3,878 Cybertrucks Due to Accelerator Pedal Problem

The National Highway Traffic Safety Administration says the Cybertruck's accelerator pedal pad might dislodge and get trapped, causing the vehicle to accelerate unintentionally. 


 
Amex sees 7% boost in card spending as profit crushes estimates

American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period. 


 
SLB Tops Revenue Expectations on International Strength

The oil-services company reports adjusted first-quarter earnings of 75 cents a share on revenue of $8.71 billion. 


 
Netflix Dealt With the Freeloaders. Its Next Act Will Be Tougher.

The decision to stop reporting subscriber numbers will put a greater focus on revenue growth-and advertising. 


 
The UAW-Volkswagen Unionization Vote Ends Today. It Matters for Ford, GM.

Volkswagen employees in Tennessee have been voting on whether or not to be represented by the United Auto Workers. 


 
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout

Banks have built up substantial reserves against office loans going bad. 


 
'Going Against the Mouse': Disneyland Performers Advance Unionization Efforts

Performers are sharing concerns over benefits, health and safety as they work to form a union. 


 
PwC Looks to Shrink New U.S. Consulting Partner Class by More Than 50%

PricewaterhouseCoopers is looking to shrink its new class of U.S. consulting partners by more than 50% compared with last year as demand for advisory services continues to slow and the firm reorganizes its business lines. 


 
Schneider Electric in Talks to Take Control of Bentley Systems

A deal would merge Schneider's software business with publicly traded Bentley.


(END) Dow Jones Newswires

04-19-24 0915ET