Apple S Revenue Growth Streak Snapped after Supply Chain Woes
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Congo questions Apple over knowledge of conflict minerals in its supply chain
Congo’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into supply chainsABC News - Tech - Apple -
DR Congo presses Apple over minerals supply chain, lawyers say
Yahoo News - World - Apple -
Snap shares soar 23% as company beats on earnings, shows strong revenue growth
Snap reported first-quarter results that beat analysts' estimatesCNBC - Business -
Colts snap record streak of 14 straight offensive players taken in NFL draft with UCLA DE Latu
UCLA edge rusher Laiatu Latu was the first defensive player selected in the NFL draft, going No. 15 overall to Indianapolis to snap a record streak of 14 straight offensive players takenABC News - Sports - NFL -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Google Parent Alphabet Looks to Continue Revenue Growth
The search giant has reported four straight quarters of accelerating sales growth and been investing in artificial-intelligence technology. Still, Google’s advertising sales last quarter fell short of expectations.The Wall Street Journal - World - Google -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - Business - China -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - World -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - Business -
Korean chip maker SK Hynix returns to net profit after five-quarter losing streak
SK Hynix returned to a net profit in the first quarter after a five-quarter losing streak, continuing to ride the artificial-intelligence boom that boosts demand for more advanced and high-end memory chips.MarketWatch - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Trump's mounting legal woes
Welcome to The Hill's Campaign newsletter {beacon} Campaign Report Campaign Report The Big Story Trump’s mounting legal woes The former president’s historic criminal trial in New York is colliding with presidential immunity arguments before ...The Hill - Politics - Donald Trump -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
American Airlines’ stock jumps after an upbeat profit outlook and record revenue
American Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter, as revenue rose to record levelsMarketWatch - Business -
Alphabet set to surge past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
A justifiable ban on US non-compete clauses
There are other ways of retaining key workers and protecting trade secretsFinancial Times - World -
Unilever backed its full-year guidance after reporting better-than-expected revenue for the first-quarter on higher volumes.
Unilever backed its full-year guidance after reporting better-than-expected revenue for the first-quarter on higher volumes.The Wall Street Journal - World -
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened
FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter. Full story: US growth slows as inflation rises, spooking marketsFull story: BHP moves to buy Anglo American ...The Guardian - World -
GDP set to top 2% again, extending hot streak for U.S. economy
The U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024 — but a wider trade deficit could throw up a roadblock.MarketWatch - Business -
Film don't lie: Lakers bemoan G2 shooting woes
The Lakers were encouraged by the shots they did get during their Game 2 loss to Denver but weren't happy with the outcome of those shots.ESPN - Sports - NBA -
Blackstone to acquire Tropical Smoothie Cafe restaurant chain
Blackstone said it is acquiring acquire Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations in 44 states, from Leichtman Capital Partners.MarketWatch - Business -
China Orders Apple to Remove Popular Messaging Apps
WhatsApp, Signal and Telegram among apps cut from iPhone app store to comply with censorship demand.The Wall Street Journal - Tech - China -
Apple accused by Congo over conflict minerals in iPhones
Lawyers representing DRC allege Apple’s products contain illegally exported minerals, despite tech company’s claims of environmental and social responsibilityFinancial Times - Business - Apple -
Apple accused by Congo over conflict minerals in iPhones
Lawyers representing DRC allege Apple’s products contain illegally exported minerals, despite tech company’s claims of environmental and social responsibilityFinancial Times - World - Apple -
The Harley Riders With a Taste for Tea and Apple Strudel
The Harley Owners Group in Alice Springs is what’s known as a social motorcycle club, with the emphasis on social.The New York Times - World - Apple -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
Veteran Salute: Transporting every type of supply in Vietnam
Yahoo News - World