Bed Bath & Beyond Reports Wider Than Expected Loss As Possible Bankruptcy Looms
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UPS’ stock rises after profit extends long streak of beats as deliveries improve
UPS’s stock rallied Tuesday, after the package delivery giant beat first-quarter profit expectations, even as it once again reported revenue that fell below forecasts.MarketWatch - Business -
Tianqi Lithium Shares Dive After Warning of Wider Losses
The Chinese lithium producer warned of widening losses caused by weak product prices and a tax dispute in Chile.The Wall Street Journal - World -
Singapore's Inflation Unexpectedly Cools to Over Two-Year Low
Singapore’s easing but still high levels of inflation will likely add to expectations that the central bank will keep monetary policy settings steady.The Wall Street Journal - World -
Report: Mavericks ‘worth watching' as possible Klay suitor
The Dallas Mavericks reportedly could be a suitor for Klay Thompson once free agency begins this summer.Yahoo Sports - Sports -
BOJ's Ueda Reiterates Possibility of Rate Hike if Inflation Rises as Expected
Bank of Japan Gov. Kazuo Ueda reiterated Tuesday that the bank would raise interest rates further if inflation grows as the central bank expects.The Wall Street Journal - World -
Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale
Express Inc. has filed for Chapter 11 bankruptcy protection and the fashion retailer is seeking to sell the majority of its storesABC News - Top stories -
Report: No discipline expected for Martin after Tatum collision
The NBA reportedly isn't expected to review Caleb Martin's controversial foul on Jayson Tatum at the end of Celtics-Heat Game 1.Yahoo Sports - Sports -
UK borrows more than expected in blow to tax cut hopes
Data for March and full fiscal year will be disappointment for Jeremy HuntFinancial Times - World - United Kingdom -
Revolut plans advertising sales push as it waits for banking licence
The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenuesFinancial Times - Business -
UK borrows more than expected in blow to tax cut hopes
Data for March and full fiscal year will be disappointment for Jeremy HuntFinancial Times - Business - United Kingdom -
Drugmaker Novartis climbs after guidance rise on sales of blockbuster drugs
Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals Tuesday after it raised its full-year guidance following better-than-expected first-quarter results.CNBC - Business -
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
The House has passed legislation that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a yearABC News - Tech - Tiktok -
NYCB is expected to swing to a first-quarter loss next week after estimates have tumbled
Analysts’ estimates go from profit to loss after bank’s stock plunged on material weakness and stressed loans.MarketWatch - Business -
11 best bath mats of 2024
A drip and slip is dangerous — and something that NBC Select editors don’t mess around with (see: Best of Bed & Bath Awards).NBC News - Top stories -
Verizon’s stock heads for first post-earnings drop since 2022 despite subscriber beat
Verizon lost fewer net postpaid phone subscribers than expected in the latest quarter, as consumer gross additions ticked up and churn improved.MarketWatch - Business -
Recruitment firm says North America, Northern Europe conditions softer than expected
Shares of recruitment firm Randstad fell as much as 7% as the company said it experienced softer than expected conditions in North America and Northern Europe and that tough conditions continued in April.MarketWatch - Business -
China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.CNBC - Business - China -
Knicks vs. 76ers: NBA report says refs made multiple mistakes against Philly in loss that led to grievance
The Knicks got some very helpful officiating at the end of their win over the 76ersCBS Sports - Sports - NBA -
General Motors raises 2024 guidance after big first-quarter earnings beat
GM's North American operations, driven by truck sales, were largely responsible for the company's first-quarter beat and guidance raise, the automaker said.CNBC - Business -
Eagles, Falcons tampering allegations: NFL resolution not expected before 2024 draft, per report
Cousins revealed he communicated with Atlanta's athletic trainer and head of PR before new league yearCBS Sports - Sports - NFL -
Boeing reports quarterly results before the bell. Here's what Wall Street expects
Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early January.CNBC - Business -
More than 90 percent of transgender teens live in states that have proposed or passed anti-trans laws: report
Over 90 percent of transgender teens live in states that have proposed or passed anti-transgender laws, according to a new report. The report from the Williams Institute at the University of California, Los Angeles, found that 93 percent of ...The Hill - Politics -
More than one-third of people in the US exposed to harmful air pollution – report
American Lung Association’s State of the Air report states nearly 131 million people are exposed to ozone and particle pollution. Nearly four in 10 people in the US are exposed to unhealthy levels of air pollution, a new report has found. Four of ...The Guardian - World -
'Korda producing excellence that should prompt wider acclaim'
Nelly Korda's run of five consecutive wins should mark her out as one of the sporting greats of our time, writes Iain Carter.BBC News - Top stories -
Nigerian Fashion Moves Beyond the Catwalk
Known for its annual fashion week, the region’s influence on style has been expanding, with the help of these designers.The New York Times - Lifestyle -
The 5 best headphones with spatial audio let you bathe in all the sounds
Discover the best wireless headphones that support spatial audio.CBS News - Top stories -
Oil Stabilizes as Fears of Wider Middle East War Fade
Oil prices were broadly stable after recouping some of the losses posted in the previous session as fears of an all-out war between Israel and Iran faded.The Wall Street Journal - World -
The looming New York sovereign debt bills debacle
Legislate in haste; repent at leisureFinancial Times - World - New York -
Trump's busy week in court goes well beyond the hush money fight
Former President Trump's legal travails will take center stage this week during a busy and important week for the presumptive GOP nominee's court battles. The showcase attracting attention is the New York hush money trial after a jury was selected ...The Hill - Politics - Donald Trump -
Levi Strauss Is Stretching Beyond Wholesale in Search for New Customers
Levi Strauss is leaning into its stand-alone stores to glean insight into shifting consumer tastes, its latest effort to expand beyond its image as a jeans maker. Now, it is working to keep the momentum goingThe Wall Street Journal - World -
Levi Strauss Is Stretching Beyond Wholesale in Search for New Customers
Levi Strauss is leaning into its stand-alone stores to glean insight into shifting consumer tastes, its latest effort to expand beyond its image as a jeans maker. Now, it is working to keep the momentum goingThe Wall Street Journal - World -
To fight inflation, we should look for ways beyond the Fed’s policies
The obvious problem is that almost total reliance on the Fed to defeat inflation by slowing the economy will not work in sectors where price-fixing and structural issues are its principal causes.The Hill - Politics -
Death toll among Gaza innocents is 'beyond warfare,' says UNHCR head
Yahoo News - World -
Amazon’s New Drone Delivery Push Seeks to Soar Beyond Past Woes
The giant retailer's recurring aerial delivery failures are a sharp contrast to its wider dominance and success. Management hopes the new Arizona pilot project will propel the company to success.Inc. - Business - Amazon -
Apparel Retailer Express Files for Chapter 11 Bankruptcy
A group led by brand-management firm WHP Global plans to buy a substantial majority of the company’s retail stores and operations.The Wall Street Journal - World -
Foreign aid heads to Senate as ouster threat looms over Johnson
The Senate is expected to vote Tuesday on the foreign aid bills passed by the House over the weekend, but the move could cost Speaker Mike Johnson his job. CBS News congressional correspondent Nikole Killion reports.CBS News - Top stories -
FTC bans noncompete agreements for many Americans but legal battle looms
The FTC narrowly voted on Tuesday to ban noncompete agreements in a move that could affect up to 30 million Americans -- one out of every five workersABC News - Top stories -
Myanmar’s Rebels See Possibility of Victory
Rebel fighters have handed Myanmar’s army defeat after defeat, for the first time raising the possibility that the military junta could be at risk of collapse.The New York Times - World -
Brandon Aiyuk trade remains possible
When 49ers G.M.Yahoo Sports - Sports - United Kingdom -
The WSJ Dollar Index Falls 0.3% to 100.18
The WSJ Dollar Index was down 0.3% to 100.18 — down two of the past three trading days.The Wall Street Journal - World