In tech
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Japan's FY2023 jobless rate flat at 2.6 percent | NHK WORLD-JAPAN News
Japan's average unemployment rate stood at 2.6 percent for the year that ended in March, unchanged from the previous fiscal year. The internal affairs ministry says the number of people in employment rose by 280,000 to more than 67.5 million on average. The manufacturing industry and the hotel and dining sector led the gains. Ministry officials say the job situation appears to be improving, with the number of people in jobs almost back to the pre-pandemic level. Meanwhile, the seasonally...
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Stocks making the biggest moves premarket: Eli Lilly, 3M, McDonald's and more
These are some of the stocks posting the largest moves in premarket trading.
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Ant Bank 2023 Loss Narrows to $180M AASTOCKS Financial News - Popular News
Ant Bank released its annual results ended December 2023. Net interest income amounted to $58.419 million, up 2.9x YoY. Loss for the year...
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PayPal lifts 2024 profit forecast as spending stays resilient, margins improve
PayPal raised its full-year adjusted profit forecast on Tuesday, while measures to cut costs improved operating margins in the first quarter.
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PayPal (PYPL) Forecasts Decline in 2024 Profit Amid ‘Transition Year’
PayPal Holdings Inc.’s payment volume climbed 14% in the first quarter on increased consumer spending globally, giving a boost to the firm’s shares in early trading.
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Walmart to shutter health centers, virtual care service in latest failed push into health care
Walmart said clinics are not a sustainable business model due to a challenging reimbursement environment for primary care and increasing operating costs.
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Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro
Zepbound reported $517.4 million in sales for the quarter, even as most doses of the drug slipped into shortages in the U.S..
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3M to Cut Dividend on Health-Care Spin, Losing Aristocrat Status
3M Co. plans to slash its dividend, ending more than six decades of boosting the payout each year as it enters a new era following the spinoff of its health-care products division.
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RedBird IMI Kicks Off Sale of Telegraph After UK Backlash
After a bruising few months, UAE-backed investor RedBird IMI is withdrawing from its attempt to acquire the Telegraph newspaper and Spectator magazine, and will look to sell on its rights to the British outlets.
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SES Agrees to Buy Intelsat in $3.1 Billion Satellite deal Deal
SES SA has agreed to buy Intelsat SA for $3.1 billion in cash to create a satellite giant that will better compete with billionaire Elon Musk’s Starlink, after reviving talks that fell apart last year.
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Vidu: China Reveals Revolutionary Text-to-Video Generator to Rival OpenAI's Sora
Vidu represents a significant milestone in China's AI development, showcasing the nation's capacity for innovation and collaboration between academia and industry.
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Regulators Convene on How to Moderate AI-Powered Militaries
Regulators are now asking how to control artificial intelligence-powered militarized robots. Regulators, civilians, and military officials from all over the world have reportedly convened during the Vienna Conference on Autonomous Weapons.