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Nestle's first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.
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Yen's 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates era
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Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash CNBCMeta's Miss Sparks Fear in Tech World With Big Earnings Looming Yahoo FinanceZuckerberg burns some goodwill on Wall Street as he plows forward with metaverse MarketWatchInstant Reaction: Meta's Outlook Spooks Investors BloombergMeta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
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Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.
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Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined
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That level is one of the highest among pundits following the company.
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