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Morning Bid: So much news, so little time

By Anna Szymanski May 1 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! This week promised to be one of the year's most eventful thus far - ...
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HF Sinclair posts surprise quarterly profit on higher refining margins

May 1 (Reuters) - HF Sinclair posted a surprise first-quarter adjusted profit on Friday, helped by higher refining margins and increased refined product sales volumes. Refiners in the U.S. are reaping their strongest margins in years, as disruptions to Middle Eastern oil flows due to ...
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Exxon beats first-quarter earnings estimate despite hit from Iran conflict 

By Sheila Dang HOUSTON, May 1 (Reuters) - Exxon Mobil beat estimates for first-quarter adjusted earnings on Friday, though unadjusted profit dropped to its lowest level in five years due to disrupted shipments from the U.S.-Israeli war on Iran and a large negative impact from ...
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Bessent wants Americans to avoid easy-money traps and invest in financial literacy

WASHINGTON (AP) - Treasury Secretary Scott Bessent winces at the allure of easy money - whether it's lottery tickets, buy now, pay later loans or the promise of a crypto windfall - warning that the get-rich-quick mindset often leads Americans farther from financial stability, ...
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Toyota to post fourth straight quarterly profit drop as Middle East risks, costs mount

By Daniel Leussink TOKYO, May 1 (Reuters) - Toyota is expected to report a fourth successive year-on-year decline in quarterly operating profit next week, as rising material and labour costs and the impact of U.S. tariffs offset strong demand, particularly for hybrid vehicles. The world's biggest ...
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Take Five: Sell in May? Let’s find out

LONDON, May 1(Reuters) - From high oil prices and the conflict in the Middle East to Japan's yen, the latest U.S. jobs data, an Australian rate decision, and a UK local election: there's plenty for traders to mull over in coming days. Here's all ...
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Japanese yen jumps against dollar hours after intervention

LONDON, May 1 (Reuters) - The yen suddenly jumped against the dollar on Friday, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency. The dollar fell by as much as 0.66% to a session low of 155.60 ...
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Ford recalls about 180,000 vehicles over loose bolt in front seat frame, NHTSA says

May 1 (Reuters) - Ford is recalling 179,698 vehicles in the U.S. due to a loose bolt in the front seat frame, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall includes certain 2024-2026 Ranger and Bronco vehicles. A seat with a ...
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Japan signs first $2.2 billion loan under $550 billion US investment pledge

TOKYO, May 1 (Reuters) - Japan has signed a $2.2 billion loan agreement for the first batch of projects under its $550 billion U.S. investment pledge, kicking off financing tied to a trade deal that cut U.S. tariffs on Japanese imports to 15%. ...
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Harley-Davidson recalls around 88,000 motorcycles over Airbox Baseplate issue, NHTSA says

May 1 (Reuters) - Harley-Davidson is recalling 88,039 motorcycles in the U.S. due to an airbox backplate breather port that may be blocked, allowing pressure to build up inside the crankcase, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. (Reporting by ...
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Disappearing before our eyes: One photographer’s passion project of capturing local newsrooms

NEW YORK (AP) - If you think the life of a journalist is glamorous, take a look at Ann Hermes' photograph of Tom Haley from a winter day in Rutland, Vermont. He scribbles in a notebook, leaning back in an office chair while dressed in ...
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Morning Bid: Never mind the oil, feel the earnings!

May 1 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Another day when investors in Asia feel slightly foolish for thinking things in the world were going badly, only for the U.S. to come in and buy ...
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