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Alphabet Shrugs Off Advertising Slump, Driven by Search Engine
Posted inAdvertising and Marketing Company Reports Computers and the Internet Google Inc Online Advertising Pichai, Sundar Search Engines

Alphabet Shrugs Off Advertising Slump, Driven by Search Engine

Google’s parent company returned to sales growth, even as an advertising slowdown continued to crimp YouTube.
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Posted by By Nico Grant
First Republic Bank Enters New Free Fall as Concerns Mount
Posted inBanking and Financial Institutions Company Reports Federal Deposit Insurance Corp Federal Reserve System First Republic Bank New York Stock Exchange Silicon Valley Bank Stocks and Bonds

First Republic Bank Enters New Free Fall as Concerns Mount

The bank’s shares fell by about 50 percent on Tuesday, a day after it said customers had pulled $100 billion in deposits in the first quarter.
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Posted by By Maureen Farrell and Jeanna Smialek
G.M.’s Profits Fell 18.5 Percent in the First Quarter
Posted inCompany Reports Electric and Hybrid Vehicles Factories and Manufacturing General Motors

G.M.’s Profits Fell 18.5 Percent in the First Quarter

The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts and slower sales in China.
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Posted by By Neal E. Boudette
First Republic Bank Lost $102 Billion in Customer Deposits
Posted inBanking and Financial Institutions Company Reports First Republic Bank Regulation and Deregulation of Industry

First Republic Bank Lost $102 Billion in Customer Deposits

The regional bank received a $30 billion lifeline from big banks last month, but depositors and investors remain worried about its prospects.
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Posted by By Rob Copeland and Maureen Farrell

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