TOKYO (AP) – Japanese electronics and entertainment giant Sony Group Corp. reported a 3.4% drop in its annual profit but projected Friday a comeback to record profits for the current fiscal year.
WASHINGTON (AP) – America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war. Hiring beat the 65,000 jobs forecasters had expected, though it decelerated from the 185,000 jobs created in March. The unemployment rate remained at a low 4.3%, the Labor Department reported Friday.
TOKYO (AP) – Nintendo’s annual profit surged 52% in the last fiscal year, lifted by solid sales of its Switch 2 machines and software, the company announced Friday.
Excerpts from recent editorials in the United States and abroad:
American investment companies are turning their targets toward some of England’s top rugby clubs amid a structural change in the sport that will establish a U.S.-style franchise system where relegation and promotion are scrapped.
SEOSAN, South Korea (AP) – A Malta-flagged tanker carrying 1 million barrels of crude oil arrived off South Korea’s west coast Friday after passing through the Strait of Hormuz in mid-April, a South Korean refinery said.
WASHINGTON (AP) – A federal court ruled Thursday against the new global tariffs that President Donald Trump imposed after a stinging loss at the Supreme Court.
McDonald’s posted better-than-expected sales in the first quarter but said high gas prices and consumer anxiety over the Iran war could dent sales this spring. The average price of a gallon of gas in the U.S. was $4.55 on Thursday, according to AAA. That was 44% higher than a year ago.
FRANKFURT, Germany (AP) – Emirates airline group has hedged its exposure to higher jet fuel prices for the next three years and has secured enough supply to meet current and future needs, its CEO said Thursday as the company reported record annual profit.
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