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CBRE Group's first-quarter profit beats on leasing demand

Real estate services provider CBRE Group's first-quarter profit beat analysts' estimates on Friday, helped by higher leasing demand at a time when commercial property sales remain under pressure from elevated interest rates.

Alaska Air says Boeing issued $61 million in credit memos to address grounding hit

Alaska Air Group has received $61 million in supplier credit memos from Boeing as additional compensation for the hit from a temporary grounding of 737 MAX 9 jets, the carrier said on Friday.

Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark

Elon Musk's carmaker Tesla has sued an Indian battery maker for infringing its trademark by using the brand name "Tesla Power" to promote its products, seeking damages and a permanent injunction against the company from a New Delhi judge.

At Berkshire Hathaway meeting, Warren Buffett to field questions on growth, dividend and succession  

Warren Buffett will command center stage at Berkshire Hathaway's annual meeting on Saturday, but someone who won't be there -- his influential sidekick Charlie Munger -- will loom large.

Cboe posts higher first-quarter profit on robust options trading

Cboe Global Markets reported a rise in first-quarter profit on Friday, as strong demand for hedging products amid market volatility helped boost the exchange operator's options trading volumes.

Hershey tops first-quarter estimates on higher pricing

Hershey exceeded Wall Street expectations for first-quarter sales and profit on Friday, benefiting from higher prices and steady consumer demand for its chocolates and candy.

Apple shares jump as record buyback, sales growth forecast lure investors

Apple shares jumped nearly 6% before the bell on Friday as the iPhone maker's record stock buyback plan and promise of sales growth drew back investors who have shunned the stock on concerns over weak demand and increased competition in China.

Goldman Sachs settles 2014 class action lawsuit tied to metal trades

Goldman Sachs said on Friday it had reached an in-principle settlement to resolve a 2014 class action lawsuit related to trading in platinum and palladium.

Novo Nordisk drops 5% after rival Amgen teases weight-loss drug data

Shares in Danish drugmaker Novo Nordisk dropped as much as 5.3% on Friday, set for their biggest one-day fall since August 2022, after rival Amgen said it was encouraged by interim trial data on its experimental obesity drug.

Status of Uber, Lyft gig workers hinges on Massachusetts court fight

Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections.

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