Why IBM's Non-GAAP Reporting Isn't as Bad as People Are Saying
A big-time fund chief says Big Blue isn't nearly as profitable as the featured figures imply, but there's a good reason.
A big-time fund chief says Big Blue isn't nearly as profitable as the featured figures imply, but there's a good reason.
All three major U.S. stock indexes ended higher on Wednesday, with the Dow jumping more than 1%, while the S&P 500 clocked an all-time closing high. On the radar on Thursday would be the final readings of fourth-quarter GDP and the University of Michigan's consumer sentiment survey, while weekly jobless claims data will also be in focus. Heading into the weekend break, focus shall remain on the Personal Consumption Expenditures Price Index (PCE), the Fed's preferred inflation gauge, due on Good Friday, when the U.S. stock market will be closed.
Decision raises concerns about financial future of UK’s biggest water company
Former SAS trooper Peter McAleese, who took part in a daring attempt to kill the Colombian drug baron, has died.
France's parliament is weighing legislation against a form of discrimination that's often overlooked: prejudicial treatment on the basis of hair. The bill is inspired by laws in the United States, where anti-racism campaigners have long argued that black people face unfair pressure to modify their natural hair. "They called me into the office and said, 'we know you care about your hair ...' And I said, 'oh and you don't?'"Fanta, a former police officer, is black. She says she's experienced what'
U.S. stock index futures were lackluster on Thursday as investors awaited more data to gauge the state of the economy and the Federal Reserve's policy path, though activity is expected to be muted heading into a long weekend break. All three major U.S. stock indexes ended higher on Wednesday, with the Dow jumping more than 1%, while the S&P 500 clocked an all-time closing high. Heading into the weekend break, focus shall remain on the Personal Consumption Expenditures Price Index (PCE), the Fed's preferred inflation gauge, due on Good Friday, when the U.S. stock market will be closed.
Everything you need to know about Beyonce's country album, 'Cowboy Carter'
Most of the league kicks off the 2024 regular season today. Here's four new food items fans can look forward to at baseball stadiums this season.
The Bank of Italy will pay around 615 million euros ($663.65 million) into state coffers after it posted a gross 2023 loss of 7.1 billion euros due to the European Central Bank's restrictive monetary policy, governor Fabio Panetta said on Thursday. The Bank of Italy results announced by Panetta showed net profit of 815 million euros, of which 200 million will go in dividends to its shareholders made up of banks, insurers and other financial institutions. "Profit for the state is 615 million euros, down 1,061 million," Panetta said in a speech in Rome.
A year after Roe v. Wade was overturned, 63% of abortions in the United States were medication abortions.
Time is running out to get specialized glasses in time to witness the April 8 total solar eclipse. Here's when your online orders should be placed.
It's no normal Opening Day for the Dodgers, who enter 2024 with sky-high expectations after spending over a billion dollars in the offseason.
Poland notified its NATO allies "well in advance" of the dismissal of a Eurocorps commander over a security matter and they showed no concern, the defence minister said on Thursday. On Wednesday, Poland removed Lieutenant General Jaroslaw Gromadzinski from his position as commander of the European military body, after the country's counterintelligence service launched an investigation into his security clearance. "There is no concern between us and the allies," Defence Minister Wladyslaw Kosiniak-Kamysz said on private broadcaster TVN24.
Monarch is to give personal Easter message in wake of his and Princess of Wales’s cancer diagnosis
With the MLB season starting with Opening Day, here are the ten teams that made the best moves this offseason.
Tesla is expected to report sluggish first-quarter deliveries next week as the boost from its price cuts wanes and the U.S. automaker grapples with strong competition for buyers in a slowing electric-vehicle market. After years of rapid sales growth that helped turn it into the world's most valuable automaker, Tesla is bracing for a slowdown in 2024. The company has been slow to refresh its aging models at a time high interest rates have sapped consumer appetite for big-ticket items and rivals in China, the world's largest auto market, are rolling out cheap models.
STORY: A pilot on board the cargo ship that knocked down Baltimore's Francis Scott Key Bridge had radioed for tugboat help, then reported a loss of power on the vessel, minutes before plowing into a bridge pylon.That was the ship's first indication of distress to harbor officials, according to federal safety authorities on Wednesday.They were citing audio retrieved from the ship's "black box" data recorder, after boarding the crashed freighter for investigations. National Transport Safety Board chief Jennifer Homendy said recorder data was "consistent with a power outage", but that an actual failure had yet to be confirmed.The recorder also picked up commands to the crew to drop anchor, presumably aimed at slowing the vessel.Homendy said the ship's two pilots would be interviewed the next day and that the probe into the cause of the accident could take up to two years.Meanwhile, divers recovered the remains of two of the six missing road workers who fell in the harbor as the bridge went down and are presumed dead. Maryland State Police Colonel Roland Butler said their bodies were found in a pickup truck about 25 feet under water.He said the dive team has suspended efforts to retrieve the other bodies, because they were encased in the collapsed bridge structure."The sonar simply said that they cannot get to that area because it was fully encased in the superstructure. Now, once that salvage effort takes place and that superstructure is removed, those same divers are going to go back out there and bring those people closure.”Authorities said they're working on a replacement bridge now, with Baltimore Mayor Brandon Scott stressing the importance of taking the correct steps forwards."We will reopen the channel as quickly as possible, but it is just important that it's done the right way. We are also - this is me, I'm also asking for folks to have a little bit of decency and respect. Don't spread misinformation. Don't play bridge engineer online or in the media. Remember that these are people's families members who lost their lives simply trying to make transit better for the rest of us."There are now worries about the economic fallout, with officials saying about 8,000 jobs are "directly associated" with port operations.
Fellow television personalities are paying tribute to George Gilbey.
Last May, after “Killers of the Flower Moon” premiered at the Cannes Film Festival, Martin Scorsese traveled to Rome with his wife, Helen Morris, to attend a conference titled “The Global Aesthetics of the Catholic Imagination.” There, the director announced that he had responded to an appeal by Pope Francis to artists “in the only …
Global bond and equity markets are ending the first quarter on a high, with investors poised for more wild swings after months of lurching between optimism and pessimism about prospective rate cuts from major central banks. MSCI's global share index, which struck record highs in March, has risen almost 10% since mid-January after traders dropped earlier bets for as many as seven U.S. rate cuts in 2024 and instead embraced the idea of cuts starting in June. After Switzerland surprised with a rate cut last week, traders almost unanimously expect the Federal Reserve to lower U.S. borrowing costs from 23-year highs in June and the European Central Bank to cut its deposit rate from 4% then too.