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Mars adding 600 jobs in Chicago

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Mars adding 600 jobs in Chicago
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Haggling prices and chasing debts – tradespeople hit with cost of living headache

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Haggling prices and chasing debts - tradespeople hit with cost of living headache

More than half of tradespeople have seen an increase of late payments compared to a year ago, a survey finds.

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What is the consumer sentiment on AI?

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What is the consumer sentiment on AI?

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Relatives of Mexico’s disappeared hold Mother’s Day protest ahead of World Cup

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Relatives of Mexico’s disappeared hold Mother’s Day protest ahead of World Cup


Relatives of Mexico’s disappeared hold Mother’s Day protest ahead of World Cup

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TOTVS S.A. (TTVSY) Q1 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

TOTVS S.A. (TTVSY) Q1 2026 Earnings Call May 7, 2026 10:00 AM EDT

Company Participants

Sérgio Serio – Investor Relations Head
Dennis Herszkowicz – CEO & Member of Board of Executive Officers
Gilsomar Sebastião – CFO, VP of Admin & Financial, Investor Relations Director and Member of Board of Executive Officers
Vivian Broge – VP, Chief Human Relations & Marketing Officer and Member of Board of Executive Officers

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Conference Call Participants

Felipe Cheng – Santander Investment Securities Inc., Research Division
Livea Mizobata – JPMorgan Chase & Co, Research Division
Maria Infantozzi – Itaú Corretora de Valores S.A., Research Division
Silvio Doria – J. Safra Corretora de Valores e Cambio Ltda, Research Division
Luis Chagas – XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A., Research Division
Lucca Brendim – BofA Securities, Research Division

Presentation

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Sérgio Serio
Investor Relations Head

[Interpreted] Good morning. Welcome to the earnings video conference on first quarter 2026. I’m Sérgio Serio. And here with me, we have our CEO, Maia, CFO, to present our quarter highlights. And by the end, we’ll have a Q&A session.

Before starting, it’s important to remind that forecast on TOTVS performance are based on current assumptions. There are risks and uncertainties, and many factors can change the company’s results that may differ from the expectations presented here.

Now I give the floor for Dennis on the Slide 3 that will start the presentation.

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Dennis Herszkowicz
CEO & Member of Board of Executive Officers

Okay. Thank you, Sérgio. Good morning, everyone. Well, TOTVS’s performance on this quarter as in the previous one and during the full year of 2025 reinforce a practical contradiction when we have an imbalance between expectations and reality.

Since February 2, our future has been fitted in the same being of the software market. With [indiscernible] with the ongoing records on new sales, revenue, EBITDA and basically any other financial

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Whale’s Insight: Will Strategy Sell Bitcoin? Q1 2026 Earnings Highlights

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Whale's Insight: Will Strategy Sell Bitcoin? Q1 2026 Earnings Highlights

Chipset on circuit board for semiconductor investment, 3d rendering

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Strategy (MSTR) just broke its “never sell” pledge after a $12.54B Q1 loss, while Q1 AI earnings produced one repeatable formula: rigid supply, inelastic demand, +500% returns. April delivered $2B in net Bitcoin ETF inflows, the strongest month of 2026, and May opened with four straight

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Jailed Iranian peace laureate Mohammadi moved to hospital in Tehran

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Jailed Iranian peace laureate Mohammadi moved to hospital in Tehran


Jailed Iranian peace laureate Mohammadi moved to hospital in Tehran

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Installed Building Products, Inc. (IBP) Q1 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q1: 2026-05-07 Earnings Summary

EPS of $1.79 misses by $0.17

 | Revenue of $660.50M (-3.55% Y/Y) misses by $8.43M

Installed Building Products, Inc. (IBP) Q1 2026 Earnings Call May 7, 2026 10:00 AM EDT

Company Participants

Ryan Ricketts – Director of Investor Relations & Financial Planning
Jeffrey Edwards – Chairman, CEO & President
Michael Miller – CFO, Executive VP of Finance & Director

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Conference Call Participants

Sam Reid
Stephen Kim – Evercore ISI Institutional Equities, Research Division
Michael Rehaut – JPMorgan Chase & Co, Research Division
Susan Maklari – Goldman Sachs Group, Inc., Research Division
Philip Ng – Jefferies LLC, Research Division
Michael Dahl – RBC Capital Markets, Research Division
Trey Grooms – Stephens Inc., Research Division
Adam Baumgarten
Kenneth Zener – Seaport Research Partners
Collin Verron

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Presentation

Operator

Greetings, and welcome to the Installed Building Products First Quarter 2026 Financial Results Conference [Operator Instructions]. As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Ryan Ricketts, Director of Investor Relations and Financial Planning and Analysis. You may begin.

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Ryan Ricketts
Director of Investor Relations & Financial Planning

Good morning, and welcome to Installed Building Products First Quarter 2026 Earnings Conference Call. Earlier today, we issued a press release on our financial results for the 2026 first quarter, which can be found in the Investor Relations section of our website. On today’s call, management’s prepared remarks and answers to your questions may contain forward-looking statements within the meaning of federal securities laws. These forward-looking statements are based on management’s current beliefs and expectations and are subject to factors that could cause actual results to differ materially from those described today.

Please refer to our SEC filings for cautionary statements and risk factors. We undertake no duty or obligation to update any forward-looking statement as a result of new information or future events, except as required by federal securities laws. In addition, management refers to certain non-GAAP and adjusted financial measures on this

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Putin Declares Ukraine Conflict ‘Coming to an End’ as Fighting Rages On

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Donald Trump left the G7 summit early, saying he had to deal with the crisis in the Middle East

MOSCOW — Russian President Vladimir Putin declared Thursday that the war in Ukraine is “coming to an end,” offering his most optimistic public assessment of the three-year conflict even as fierce fighting continues along the front lines and Western officials expressed deep skepticism about any imminent resolution.

Speaking during a televised meeting with regional governors, Putin said Russian forces had achieved most of their military objectives and that negotiations could begin if Kyiv meets Moscow’s conditions. “The conflict is coming to an end,” Putin stated. “We are seeing positive dynamics on the battlefield, and I believe we are close to achieving our goals.”

The remarks, delivered with confidence, quickly drew global attention and mixed reactions. Ukrainian officials dismissed them as propaganda, while some European leaders called for caution. U.S. officials under President Donald Trump have signaled openness to negotiations but emphasized that any deal must be acceptable to Ukraine.

Despite Putin’s statement, intense combat persisted Thursday. Russian forces continued incremental advances in Donetsk Oblast, particularly around Pokrovsk, while Ukrainian troops launched drone strikes deep into Russian territory, targeting airfields and logistics hubs. Independent estimates suggest daily casualties on both sides remain high, with no immediate signs of de-escalation on the ground.

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Ukrainian President Volodymyr Zelenskyy responded swiftly, stating that any peace must include full Russian withdrawal from occupied territories and robust security guarantees. “Russia talks about peace while continuing to bomb our cities and kill our people,” Zelenskyy said in a video address. “Real peace requires actions, not just words.”

Background and Context of the Conflict

Russia launched its full-scale invasion of Ukraine in February 2022, initially aiming for a rapid victory. After suffering major setbacks, including the failed assault on Kyiv and retreats from Kharkiv and Kherson, Russian strategy shifted to a grinding war of attrition focused on eastern Ukraine. The conflict has caused hundreds of thousands of military casualties, displaced millions and devastated Ukrainian infrastructure.

Western nations have provided more than $300 billion in aid to Ukraine, while Russia has relied on alliances with North Korea, Iran and domestic production to sustain its campaign. Multiple rounds of peace talks have failed, with both sides maintaining maximalist positions.

Putin’s latest comments echo previous claims of progress but come at a time when Russian forces have made their most consistent territorial gains in over a year. Ukrainian forces are struggling with manpower shortages, fatigue and reduced Western military support, while Russian missile and drone attacks on energy infrastructure have left millions of Ukrainians without reliable power.

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International Reactions

The United States, under President Donald Trump, has indicated willingness to facilitate negotiations. Trump has repeatedly said he could end the war quickly, though specific proposals remain unclear. European leaders have expressed caution, warning that any agreement must respect Ukraine’s sovereignty and territorial integrity.

NATO Secretary General Mark Rutte reaffirmed the alliance’s commitment to supporting Ukraine “for as long as it takes.” China, a close partner of Russia, welcomed Putin’s comments and called for a “political solution.” Analysts note that Putin’s statement may be timed to influence upcoming diplomatic discussions and to project strength ahead of Russia’s Victory Day celebrations.

Military Situation on the Ground

Russian forces continue slow but steady advances in Donetsk Oblast, with heavy fighting around Pokrovsk, Chasiv Yar and Vuhledar. Ukrainian forces have conducted successful long-range drone strikes on Russian oil refineries and military airfields, disrupting logistics and air operations.

Both sides are suffering significant losses. Independent estimates place combined daily casualties above 1,000. Spring weather has improved conditions for mechanized maneuvers, raising fears of renewed large-scale offensives in the coming weeks.

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The humanitarian situation in Ukraine remains dire, with widespread power outages, destroyed infrastructure and millions displaced. International aid organizations continue to call for increased support and protection for civilians.

Economic Impact on Russia

Despite extensive Western sanctions, Russia’s economy has shown surprising resilience, supported by redirected oil sales, wartime industrial mobilization and alliances with non-Western nations. However, long-term challenges persist, including labor shortages, technological isolation and inflation pressures.

Putin’s government has heavily invested in the defense sector, which now accounts for a significant portion of GDP. This militarization has boosted short-term growth but raises concerns about economic sustainability once the conflict ends.

Path Toward Possible Negotiations

Any potential peace agreement would require complex compromises. Russia has demanded recognition of its territorial gains, Ukrainian neutrality and the lifting of sanctions. Ukraine insists on full withdrawal to 1991 borders, strong security guarantees and reparations.

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Western diplomats say serious negotiations are unlikely without significant battlefield shifts or major political changes in either country. For now, both sides appear prepared to continue fighting while keeping diplomatic channels open.

Global Security Implications

The Ukraine conflict has reshaped European security, strengthened NATO and accelerated energy transitions away from Russian supplies. A resolution — whether through victory, defeat or negotiated settlement — would have profound implications for global stability, nuclear deterrence and the rules-based international order.

As Putin claims the war is nearing its end, the reality on the battlefield suggests a long and difficult road ahead. For the people of Ukraine, every statement from Moscow is measured against the continued suffering and destruction they endure daily.

The coming weeks and months will be critical in determining whether Putin’s words signal genuine openness to peace or represent another tactical maneuver in a war that has already claimed hundreds of thousands of lives and redrawn the map of Europe.

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For now, the fighting continues, diplomacy remains stalled, and the world watches to see if 2026 will finally bring an end to Europe’s largest conflict since World War II.

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AOC-backed $25 minimum wage could hit small businesses and red states

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AOC-backed $25 minimum wage could hit small businesses and red states

A proposal backed by Rep. Alexandria Ocasio-Cortez to raise the federal minimum wage to $25 an hour is drawing warnings from economists, who say the plan could squeeze small businesses and hit red states hardest.

Because many red states remain near the $7.25 federal floor, the move would more than triple wages in those regions — a jump economists say could be harder for small businesses to absorb, raising the risk of higher prices, reduced hiring and broader economic strain.

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“That’s one of the common fallacies people fall into. Many believe raising the minimum wage will solve everything, that wages will go up while prices stay the same,” Santiago Vidal Calvo, a policy analyst at the Manhattan Institute, told Fox News Digital. “But that’s Econ 101, it doesn’t work that way.”

AOC-BACKED $25 MINIMUM WAGE PLAN SOUNDS GREAT — BUT AT WHAT COST?

NY Rep. Alexandria Ocasio-Cortez listens to a question during a news conference.

Rep. Alexandria Ocasio-Cortez, D-N.Y., has called for raising the federal minimum wage to address affordability concerns. (Tom Williams/CQ-Roll Call/Getty Images / Getty Images)

He warned the proposal could disproportionately impact younger and low-income workers as businesses move to offset higher labor costs by cutting hours, reducing jobs or turning to automation.

Rebekah Paxton, research director at the Employment Policies Institute, said opposition to steep wage hikes is widespread among economists.

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“We surveyed more than 160 American economists and found that 96% opposed proposals above $20 an hour,” Paxton told Fox News Digital, adding that concerns are especially pronounced in thin-margin industries like hospitality and restaurants, where higher labor costs could lead to job losses and make it harder for businesses to operate.

ONE LITTLE-KNOWN MEETING HELPS DECIDE WHAT AMERICANS CAN AFFORD — AND WHAT THEY CAN’T

Nicole Huyer, a senior research associate at the Thomas A. Roe Institute for Economic Policy Studies, said those pressures could force businesses to make tough decisions.

“Small businesses will look to cut costs by any means necessary,” Huyer said. “That includes raising prices, laying off workers, cutting hours or relocating altogether.”

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The federal minimum wage has remained at $7.25 an hour since 2009, even as some states have pushed base pay above $15 — widening the gap between higher- and lower-wage economies.

States like California and New York now mandate minimum wages above $16 an hour, while others, including Texas and North Dakota, remain at the federal baseline. Economists also warn higher labor costs could accelerate automation in industries like retail and fast food, where margins are thin and entry-level jobs are common.

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A restaurant worker is seen moving tables on a patio ahead of dinner service.

Experts warn that hiking the federal minimum wage to $20 an hour will hurt small businesses. (Jeffrey Greenberg/Universal Images Group/Getty Images / Getty Images)

Small business owners in lower-wage states may be particularly vulnerable, as they often operate with tighter margins and less ability to absorb sudden cost increases than firms in higher-cost regions.

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As proposals to raise the federal minimum wage gain traction, the debate is likely to intensify over whether a single national standard can account for wide differences in state economies, or whether wage policy is better left to the states.

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Hartford International Opportunities Fund Q1 2026 Commentary

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Hartford International Opportunities Fund Q1 2026 Commentary

Hartford Funds offers a broad range of actively managed and systematic-investing strategies designed to provide solutions for a variety of investment needs. Articles published here provide readers with timely insight on economic, market, and investing trends. For more information visit hartfordfunds.com.

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