Apple Sales Fall as iPhone, China Businesses Remain Sluggish
The iPhone maker has seen more competition from local rivals in China, one of its largest markets.
Coinbase Blows Past First-Quarter Earnings Estimates. Bitcoin's Boom Bolstered Profits.
Recent euphoria around Bitcoin's acceptance by major institutions probably provided a boost to the company this year, but major threats to its business remain.
Apollo Raised $40 Billion in First Quarter, Eyes New Debt Vehicle for Individuals
The alternative-asset manager's earnings rose as investors flocked to private-debt funds.
Sony, Apollo Make $26 Billion All-Cash Offer for Paramount
Sony Pictures and Apollo Global Management have submitted an all-cash, $26 billion offer for Paramount Global, marking the second time the private-equity firm has come in with a bid for the entertainment giant.
Peloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs
An activist investor had called for McCarthy's ouster and for the fitness-equipment maker to sell itself.
TD Bank Probe Tied to Laundering of Illicit Fentanyl Profits
The Canadian bank faces three other U.S. probes into its anti-money-laundering controls.
SEC Ends Probe of Barry Diller, David Geffen Trades Before Activision-Microsoft Deal
Regulators have ended an investigation into bets that they made on Activision Blizzard before the videogame company agreed to be acquired by Microsoft.
ConocoPhillips's production narrowly beats analyst estimate, but profit falls slightly short
Shares ticked up premarket as the company says it plans to return $9 billion to shareholders through dividends and stock buybacks in 2024.
Former Pioneer CEO Is Accused of Trying to Collude With OPEC
The FTC alleges Scott Sheffield tried to coordinate on oil production and prices. The agency referred the case for a potential criminal probe.
Oracle Looks to AI and Microsoft Partnership to Lift Cloud Business
The tech company hopes an AI update to its flagship database software and the recent expansion of its Microsoft collaboration will boost cloud sales.
(END) Dow Jones Newswires
05-02-24 1715ET
