Oil Extends Gain Above $60 as Supply Concerns Ease
May 6 -- On “Before The Bell,” Bloomberg’s Betty Liu, Olivia Sterns, and Alex Sherman run down the top stories of the day on “In The Loop.”
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‘Americans just work harder’ than Europeans, says CEO of Norway’s $1.6 trillion oil fund, because they have a higher ‘general level of ambition’
"We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.”
Fortune•Mark Zuckerberg got $24.4 million in ‘other compensation’ in 2023—but Meta also treated staff well, with the median employee making $379,000
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Fortune•Javier Milei Fuels Wild Rally That Makes Peso No. 1 in World
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Bloomberg•Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
Southwest Airlines will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing. Both Southwest and American Airlines reported first-quarter losses Thursday. Demand for travel remains strong, including among business flyers, but airlines are dealing with higher labor costs, and delays in getting new aircraft from Boeing are limiting their ability to add more flights.
Associated Press Finance•Hertz loses another $200 million from its EVs
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
Yahoo Finance•$433 Billion Gone! One Stock Loses More Value Than Tesla
Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
Investor's Business Daily•Southwest to Exit Four Airports as Boeing’s Problems Ripple Through Industry
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.
The Wall Street Journal•The Vanguard 500 Index Fund Is Great, But Another Vanguard ETF Has Outperformed It the Past Decade
This growth ETF has nicely outperformed the S&P 500 since its inception.
Motley Fool•Here Are My Top 5 Dividend Kings to Buy Right Now
Dividend Kings are hard to come by, but these five stocks offer investors some great passive income opportunities.
Motley Fool•Southwest Airlines reports news that sends its stock plunging
The airline also announced that it will be pulling out of four airports.
TheStreet•