Car Makers Revive India Growth Plans As China Market Sags
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OECD now sees minimal 2024 growth for Germany
Yahoo News - World -
Tech, Media & Telecom Roundup: Market Talk
Read about Match Group, TPG Telecom and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Tech, Media & Telecom Roundup: Market Talk
Wolters Kluwer, Match Group and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Poland probes state oil group’s Swiss subsidiary for alleged Hizbollah links
Orlen Trading Switzerland investigated for losses on trades and potential connections to Iran-backed groupFinancial Times - World -
A Strong Job Market? Try Telling That to These Workers
Job seekers say getting hired is deceptively hard, and recruiters agree that qualified candidates are often passed over.The Wall Street Journal - World -
Treasury Yields Decline Amid U.S. Jobs Resilience
Treasury yields fell as markets coalesced around the idea that the Fed might cut interest rates only once or twice this year, depending on the data.The Wall Street Journal - World -
The Treasurys Market Is Getting Squeezed From All Sides
Inflation and deficits are lifting yields and jarring the stock market.The Wall Street Journal - World -
Enovix shrinks quarterly loss, vows to cut costs as battery maker’s stock soars 20%
Battery maker narrows quarterly loss and says it plans to cut more costs on its road to profitability.MarketWatch - Business -
Ex-Nickelodeon producer Schneider sues 'Quiet on Set' makers for defamation, sex abuse implications
Former Nickelodeon producer Dan Schneider is suing the makers of the documentary “Quiet on Set: The Dark Side of Kids TV" for implying that he sexually abused childrenABC News - Entertainment -
Brazilian aircraft maker Embraer is exploring options for a new model to challenge Airbus and Boeing's duopoly for large jets.
Brazilian aircraft maker Embraer is exploring options for a new model to challenge Airbus and Boeing’s duopoly for large jets.The Wall Street Journal - World -
Sari shops and street food stalls: How e-payments have taken over India
Yahoo News - World -
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Google is laying off more employees and hiring for their roles outside of the U.S.CNBC - Business - Google -
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in a reorganization that will include moving some roles to India and Mexico, CNBC has learned.NBC News - Top stories - Google -
The Exodus of China's Wealthy to Japan
Frustrations with Beijing’s autocratic political system and the economic slowdown have driven some people to leave China and settle in Japan.The Wall Street Journal - World - China -
All New U.S. Cars Must Carry Automatic Brakes by 2029
The technology is already sold on most vehicles, but a new federal safety regulation raises the standards.The New York Times - Business -
Mercedes-Benz Posts Profit Beat Despite Lower Car Sales
Mercedes-Benz reported lower profit and revenue for the first quarter fell on fewer cars sales and supply-chain bottlenecks but confirmed its guidance for the year.The Wall Street Journal - Business -
WATCH: Barbers save girl from being hit by cars
Two Connecticut barbers stopped in the middle of giving haircuts to rush out of their shop and rescue a girl running toward the middle of a busy intersection.ABC News - Top stories -
Red Bull confirm top F1 designer Adrian Newey’s exit as Ferrari wait in wings
Briton considered mastermind behind team’s dominanceFerrari reported to have had talks with NeweyAdrian Newey, the most successful Formula One car designer of the modern era is to leave Red Bull early in 2025, preparing the way for a potential ...The Guardian - World -
The New Math of Driving Your Car Till the Wheels Fall Off
Drivers are rethinking the right number of years to keep a car as the costs of ownership increase.The Wall Street Journal - World -
The main reason self-driving cars are not ready for prime time
"It's like trying to send a rocket to the moon in 1910 when the Wright Brothers were still working on their planes," one expert said.CBS News - Top stories -
Carvana’s stock rallies more than 30% on surprise profit for used-car retailer
Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the used-car retailer once on the brink of bankruptcy.MarketWatch - Business -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.The New York Times - Business - Federal Reserve -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
AMD CEO foresees sustained growth driven by insatiable demand for AI
AMD CEO Lisa Su said it's an exciting time for the industry as the widespread deployment of AI is driving demand for computing power.VentureBeat - Tech -
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 -
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 -
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 -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - World - European Union -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - Business - European Union -
Why Super Micro’s stock is falling despite an upbeat growth outlook
One analyst’s price target implies 60% further downside, in part due to margin concerns, as AI competition heats up.MarketWatch - Business -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
UK set to lag behind peers on growth and suffer ‘sticky’ inflation, says OECD
Forecaster delivers downbeat outlook ahead of local elections in EnglandFinancial Times - Business - United Kingdom -
UK forecast for slowest growth of richest nations next year
The UK economy will remain “sluggish” due to the impact of interest rate rises, the OECD says.BBC News - Top stories - United Kingdom -
Immigration boom helps boost growth in rich countries, says OECD
Paris-based organisation raises forecasts this year for global economy as jobs markets strengthenFinancial Times - World -
UK set to lag peers on growth and suffer ‘sticky’ inflation, says OECD
Forecaster delivers downbeat outlook ahead of local elections in EnglandFinancial Times - World - United Kingdom -
How new data upended London’s post-pandemic growth story
Capital lossFinancial Times - World -
Immigration boom helps boost growth in rich countries, says OECD
Paris-based organisation raises forecasts this year for global economy as jobs markets strengthenFinancial Times - Business -
More Americans see China as an 'enemy'
Americans are increasingly viewing China as an “enemy” of the U.S., according to a new survey. The survey, from the Pew Research Center, found 42 percent of Americans said they think China is an “enemy” to their country, up 4 points from last year ...The Hill - Politics - China -
Why China Is So Bad at Disinformation
China’s state-sponsored disinformation campaign has been running at a massive scale for seven years—but no one is looking at it.Wired - Tech - China