Sony Pictures Profits Slip by 10% Despite Marginal Sales Gain

Hollywood strike impact is calculated at $115 million, but is set to increase in current year. Sony Group Corporation saw its sales climb by 19% to JPY13.0 trillion in its financial year to March 2024, boosted by a sharp depreciation of the Japanese currency. Net profits for the group were down 3% to JPY971 billion. … Read more

U.S. share of electric and hybrid vehicle sales decreased in the first quarter of 2024 – U.S. Energy Information Administration (EIA)

Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Exploration and reserves, storage, imports and exports, production, prices, sales. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Energy use in homes, commercial buildings, manufacturing, and transportation. Reserves, production, prices, employment and productivity, … Read more

Bayer Cuts 1,500 Jobs and Lowers 2024 Earnings Guidance as Q1 Sales Dip | BioSpace

Pictured: Bayer’s global pharmaceuticals headquarters in Germany/iStock, Umut Tolga Pehlivan Bayer released its first-quarter 2024 earnings on Tuesday announcing that it has reduced its headcount by approximately 1,500 jobs—mostly management positions—amid a slight decline in sales, while lowering its full-year earnings outlook. “Approximately two-thirds of these were management jobs,” CEO Bill Anderson said in a Tuesday … Read more

Home Depot’s sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales – ABC News

Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer not only was constrained by high mortgage rates and customers dealing with inflation concerns, but it also had to deal with a delayed start to… Home Depot’s sales continued to soften in the first quarter as the nation’s … Read more