Tesla Plans to Lay Off More Than 10% of Workforce

The world's most valuable automaker also saw two of Elon Musk's top deputies depart. 


 
Wall Street Powers Goldman to Higher Quarterly Earnings

Revenue from investment banking and trading, the bank's traditional powerhouses, surged. 


 
Lufthansa Cuts Earnings Guidance After Strikes Take Toll

The German carrier group said strikes by employees within the group and also by employees at partners hit earnings by around EUR350 million. 


 
Suit Challenging Iowa's Book Ban Is Backed by Every Major Publisher

The rise of book bans nationwide prompted the collective action, the publishers said. 


 
New York Times Ends Investigation Into Leak Over Gaza Coverage

Times Executive Editor Joe Kahn said the probe found "gaps in the way proprietary journalistic material is handled." 


 
Long-Shot Bidder Drops Buyout Effort for Failed Trucker Yellow

An investment group dropped its bid to resurrect bankrupt trucker Yellow, ending an effort to unwind one of the biggest failures ever in the trucking business. 


 
DJT Stock Plunges After Trump Media Files to Issue Shares

Trump Media & Technology Group shares tumble after the company filed to issue more stock. 


 
Charles Schwab Stock Rallies. Outlook for Cash Sorting Is Better Than You Think.

The company's total client assets hit a record $9.1 trillion for the first quarter, up 20% from the same period a year ago. 


 
Apple's Smartphone Sales Slump as China Rivals Rise

Apple's global smartphone shipments fell sharply in the first quarter, according to a closely followed research firm, toppling the iPhone maker from its perch as the world's largest phone maker. 


 
Samsung Electronics Gets $6.4 Billion for Texas Chip Plants

The expansion includes a second factory, an advanced chip-packaging facility and research-and-development capabilities.


(END) Dow Jones Newswires

04-15-24 1315ET