Auto Regulator Is Faulted over Timeliness of Defect Probes
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The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.The Wall Street Journal - World -
Auto & Transport Roundup: Market Talk
Gain insight on Canadian National Railway, Canadian Pacific Kansas City, North American freight-railroad traffic, and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - World -
Electric cars and digital connectivity dominate at Beijing auto show
Global automakers and EV startups are unveiling new models and concept cars at China’s largest auto show, with a focus on the nation’s transformation into a major market and production base for digitally connected, new-energy vehiclesABC News - Tech -
Say goodbye to your iPhone? Maybe, if antitrust regulators have their way
Make no mistake: Enforcing antitrust law and protecting consumers from large companies’ abuses is important. But it must be done carefully.The Hill - Politics -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Giuliani, Meadows indicted in Arizona fake elector scheme
Several former and current key aides to former President Donald Trump appear to be among those charged by the Arizona State Attorney General.ABC News - Top stories -
Connecticut Senate passes wide-ranging bill to regulate AI. But its fate remains uncertain
The Connecticut Senate has passed one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harmABC News - Tech -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - Business - Joe Biden -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial 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 -
Spain's prime minister says he will consider resigning after wife is targeted by judicial probe
Spanish Prime Minister Pedro Sánchez has denied corruption allegations against his wife but says he will consider resigning after a judicial investigation was launched into accusations by a right-wing legal platform that she used her position to ...ABC News - World -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.CNBC - Business - Donald Trump -
The EU will probe whether China is unfairly denying companies access to its medical devices market
The European Union says it will investigate whether China is using unfair methods to deprive companies in Europe of access to its market for medical devicesABC News - Health - China -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock.NBC News - Top stories - Donald Trump -
Bishop investigated over misleading accounts claim
Bishop Anne Dyer, who was suspended in 2022 over allegations of bullying, denies the new claims.BBC News - Top stories -
Business groups sue FTC over noncompete ban
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY view The Big Story Business groups sue to block FTC's noncompete ban The Federal Trade Commission's (FTC) decision to ban noncompete agreements is being met with ...The Hill - Politics -
Donaldson in court over rape and sex-offence charges
The ex-DUP leader faces 11 charges and his wife faces four charges connected with aiding and abetting.BBC News - Top stories -
STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
FTC votes to ban noncompete clauses that bar employees from working for competitors
The FTC claims that noncompete agreements limit wage growth and increase prices for consumers.CNBC - Business -
Supreme Court to weigh Trump immunity claim over 2020 election prosecution
The outcome of the immunity case before the Supreme Court will have significant ramifications for former President Donald Trump's federal criminal prosecution in Washington, D.C.CBS News - Politics - Donald Trump -
Divided Supreme Court wrestles with dispute over Idaho abortion ban
The Supreme Court heard arguments in a case that pits Idaho's near-total abortion ban against a federal law that requires hospitals to offer emergency care.CBS News - Politics - Abortion -
Texans reached "compromise" with NFL, Titans over use of Oilers-style blue
Last year, the NFL forced the University of Houston to ditch alternate uniforms that included Houston Oilers-style Columbia Blue.Yahoo Sports - Sports - NFL -
Jeff Bezos isn't a fan of 'time blocking'—here's what he does instead to boost his productivity
Jeff Bezos doesn't time block or stick to a strict schedule to be successful and productive. Instead, he allots however much time he needs for mind wandering.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Robert Kraft Withdraws Support From Columbia Over Protests
The New England Patriots owner said this week that he was “no longer comfortable supporting” Columbia University, his alma mater, which has been disrupted by protests.The New York Times - Business -
Anti-doping body faces calls for review over Chinese swimmers
UK agency combating drugs in sport adds to pressure ahead of Paris Olympics over 2020 positive testsFinancial Times - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
'Invest in these women': WNBA champion A'ja Wilson hopes Caitlin Clark's popularity helps the league grow
The five-time All-Star and two-time WNBA champion hopes to see the excitement around Clark help grow the league.CNBC - Business - WNBA -
Here’s a rapid-fire update on all 33 portfolio stocks including our tech giants reporting this week
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.CNBC - Business -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.CNBC - Business -
Nootbaar, Gibson spark Cardinals to 5-1 victory over Diamondbacks
Lars Nootbaar drove in two runs and Kyle Gibson pitched six effective innings, lifting the St. Louis Cardinals to a 5-1 victory over the Arizona Diamondbacks in the finale of three-game seriesABC News - Sports - MLB -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Rubrik prices IPO at $32 per share, above the expected range
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.CNBC - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business