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AMC poised for market-share gains, boosted by premium screens and concert movies, Wedbush says
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Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains
The best course when stocks slide is for investors to stand pat, but “put” options are one way to hedge against a drop and lock in some profits.The Wall Street Journal - World -
Adidas delaying launches of premium trainers to maintain exclusivity
Chief executive says market could ‘overheat’ and suggests rival Nike overpaid in its German football sponsorship dealFinancial Times - Business -
With ‘Challengers’ and ‘Saltburn,’ Hollywood Movies Embrace Sex Again
Studios obsessively focused on PG-13 franchises and animation in recent years, but movies like “Challengers” and “Saltburn” show eroticism has returned.The New York Times - Business -
Walmart Takes On Trader Joe's and Whole Foods With New Premium Brand
The grocery giant is rolling out curry chicken empanadas and 300 other items as it seeks to capture spending by American consumers.The Wall Street Journal - Business -
Forbes and Swinney meet for SNP leadership talks
SNP leadership favourites John Swinney and Kate Forbes have yet to announce they are running for the top job.BBC News - Top stories -
US poised to ease restrictions on marijuana in historic shift, but it'll remain controlled substance
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across the countryABC News - Health -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Lumen’s stock gains after beat on free cash flow
Lumen’s CEO cited “expected headwinds” in the latest quarter’s results but the company maintained its full-year outlook.MarketWatch - Business -
Movie Review: Ryan Gosling and Emily Blunt are great fun in ‘The Fall Guy’
Emily Blunt and Ryan Gosling lead the new action-comedy-romance “The Fall Guy,” a love letter to stunt performers and the moviesABC News - Entertainment - Entertainment -
What to Watch: The Best Movies and TV Shows From April
Colin Farrell stars in an homage to Hollywood noir, Woody Allen returns with his best film in years, documentaries explore William F. Buckley and a forgotten singer-songwriter of the 1970s, and much, much more.The Wall Street Journal - World
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Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Ticket sizes have been pretty stable, Mastercard’s CFO says.MarketWatch - Business -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
A new ETF touts 100% downside protection. Here is how it works.
An ETF that launched on Monday promises investors 100% downside protection if they hold on to the fund, which is intended to track the S&P 500, for a full year.MarketWatch - Business -
Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels
Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.MarketWatch - Business -
Cannabis stocks pull back after rallying on DEA’s plans to reclassify marijuana
Canopy Growth Corp., Tilray Brands Inc. and Curaleaf Holdings Inc. were among cannabis stocks that were sliding into the red on Wednesday, a day after news of the federal government’s plans to reclassify marijuana.MarketWatch - Business