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Last updated: May. 05, 14:10
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HSBC profits hit by $400mn ‘fraud-related’ exposure
Loss came via Apollo lending to collapsed mortgage lender MFS
By FT
Financial Times,  May. 05, 2026    E-mail this to a Friend
Australia’s Central Bank Raises Rates for Third Straight Meeting
The central bank has now reversed all the cuts it announced in 2025
By James Glynn
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
AI Computing Is a Memory Hog. An Nvidia-Backed Startup Has an Answer.
RadixArk has raised $100 million at a $400 million valuation for a software engine and framework that make inference and training more efficient to run
By Meghan Bobrowsky
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
DuPont Lifts Outlook, Plans $275 Million Buyback
The materials and chemicals company said net sales rose in the first quarter to $1.68 billion from $1.61 billion a year earlier
By Elias Schisgall
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Why the Collapse of Spirit Airlines Means Higher Fares for Everyone
Defunct budget airline had long been a competitive force on lower-cost tickets
By Dean Seal
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
U.S. Trade Deficit Grew in March
U.S. imports totaled $381.2 billion in March, up 2.3% from February, while exports were $320.9 billion, 2% greater than in February.
By Matt Grossman
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Swiss Inflation Climbs to Highest Since 2024 as Energy Prices Surge
Prices of petroleum products in Switzerland were up 17% on year
By Ed Frankl
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Volvo Car Posts 10% Drop in Sales
Though total volumes declined, sales of fully-electric models rose 14%
By Adam Whittaker
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Archer-Daniels-Midland Raises Outlook After New U.S. Biofuels Policy
The food-processing company raised its full-year adjusted-earnings outlook to about $4.15 to $4.70 a share
By Nicholas G. Miller
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Harley-Davidson’s New Boss Wants to Sell You a Bike You Can Actually Afford
Motorcycle company’s new CEO Artie Starrs hopes to increase sales with lower-priced bikes
By John Keilman | Photography Caleb Alvarado for WSJ
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Crypto Exchange Bullish Strikes $4.2 Billion Deal for Transfer Agent in Tokenization Push
Equiniti is one of the world’s biggest transfer agents, offering shareholder services to companies including Berkshire Hathaway and Moody’s
By Vicky Ge Huang
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Canada Swings to First Goods-Trade Surplus in Six Months
Energy exports from Canada increased 15.6% in March
By Robb M. Stewart
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Pfizer Posts Better-Than-Expected Revenue, Profit
Cancer treatments help boost first-quarter sales
By Peter Loftus and Nicholas G. Miller
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Rockwell Automation Raises Outlook on Higher Sales
The industrial automation company posted a profit of $350 million, or $3.10 a share, in the quarter ended March 31
By Katherine Hamilton
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
China Steps Up U.S. Sanctions Fight, Defying Blacklisting Over Iranian Oil
Beijing’s first-time use of ‘blocking rule’ comes ahead of expected Trump-Xi summit
By Hannah Miao
The Wall Street Journal,  May. 05, 2026    E-mail this to a Friend
Last updated: May. 05, 14:10
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