China S Economy Could Recover Faster and Earlier Than Expected Analysts Say
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Nissan cut its net profit estimate for the fiscal year, missing analysts' expectations, as it sold fewer cars than expected.
Nissan cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than expected.The Wall Street Journal - World -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
Israel’s Strike Was Smaller Than Expected, and So Was Iran’s Reaction
The relatively limited scope of the attack, as well as a muted response from Iranian officials, may have lowered the chances of an immediate escalation, analysts said.The New York Times - World - Israel -
Subsidy race with US and China would harm Europe’s ailing economy, IMF warns
Fund urges EU to avoid ‘protectionist’ policies and focus on cutting internal trade barriersFinancial Times - World - China -
TV and film jobs may never fully recover post-pandemic, strikes, says Teamsters president
When it comes to film and TV jobs, "you'll hear the word 'contraction' a lot," said Teamsters president Tommy O'Donnell on a recent MediaMKRS panel.CNBC - Business -
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.The Wall Street Journal - World -
Honda unveils a series of sleek EVs for China and they're way more exciting than anything we get in the rest of the world
Yahoo News - World - China -
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
Alex Caruso injury: Bulls guard (ankle) available to play vs. Heat on Friday
Caruso, one of the NBA's best perimeter defenders, is officially in the lineupCBS Sports - Sports -
Nearly half of China's major cities are sinking, researchers say
Nearly half of China’s major cities are suffering “moderate to severe” levels of subsidence, putting millions of people at risk of flooding, a study found.NBC News - Top stories - China -
Apple Says It Was Ordered to Pull WhatsApp From China App Store
Apple said it removed WhatsApp and Threads from its China app offerings Friday on Beijing’s orders, amid technological tensions between the U.S. and China.The New York Times - Business - Apple -
The $1.7 Billion Railway That Could Challenge China's Influence in Africa
A U.S.-backed railway connecting Angola to the Democratic Republic of Congo is part of a pushback against China’s Belt and Road initiative in Africa. The $1.7 billion Lobito Corridor project aims to secure vital mineral supply chains.The Wall Street Journal - World - China -
Is the global economy stumbling into ‘the tepid Twenties’?
Growth is picking up in the short term, but fears are mounting of a stagnant decade, with bleak political consequencesFinancial Times - Business -
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.The Wall Street Journal - World -
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.The Wall Street Journal - World -
Apple removed WhatsApp and Threads from its app store in China, saying it was ordered to by the government, as Beijing tightens internet controls.
Apple removed WhatsApp and Threads from its app store in China, saying it was ordered to by the government, as Beijing tightens internet controls.The Wall Street Journal - World - China -
Painting stolen from Oxford recovered in Romania
Two other paintings stolen from Christ Church Picture Gallery in March 2020 are still missing.BBC News - Top stories -
Dubai struggles to recover from record flooding event
Earlier this week, a staggering 10 inches of rain fell in the United Arab Emirates, the most the UAE has seen in a single storm in 75 years. The rainfall shuttered schools, destroyed homes and cripped Dubai International Airport, the world's ...CBS News - World -
CIA chief Burns says that without aid, Ukraine "could lose on the battlefield"
His comments come as a deadlocked Congress continues to stall on Ukraine aid.CBS News - Politics - Ukraine -
Shopify is tightening up on hiring. One analyst likes the stock more as a result.
“We believe investor expectations have over corrected,” Morgan Stanley analysts say.MarketWatch - Business -
United Arab Emirates struggles to recover after heaviest recorded rainfall ever
The United Arab Emirates is struggling to recover from the heaviest recorded rainfall ever to hit the desert nation, as its main airport worked to restore normal operations even as floodwater still covered portions of major highways and roadsABC News - World -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
NATO secretary-general says some allies have air defense systems they could give to Ukraine
NATO Secretary-General Jens Stoltenberg is pressing the allies to give more Patriot missile batteries and other equipment to UkraineABC News - World - Ukraine -
Here's why it could be better to buy Series I bonds before May, experts say
Series I bonds could fall below 5% in May. Here's the best time for long-term investors to buy.CNBC - Business -
Chicano Batman are not who you expect them to be
Chicano Batman discusses its new album and a summer show at the Forum as part of its U.S. tour.Los Angeles Times - Entertainment -
CNN analyst: Alternate hush money jurors will be needed in case others are ‘freaked out’
CNN senior legal analyst Elie Honig said late Thursday that he thinks alternate jurors will be needed to reach a verdict in former President Trump’s hush money trial, because others may "get freaked out” and want to be dismissed. “Jurors get sick, ...The Hill - Politics -
CNN analyst warns of ‘civil unrest across the country’ if Trump jailed for gag order violation
CNN analyst Mark Preston said he thinks if former President Trump is jailed for violating the gag order in his hush money trial, there would be “civil unrest across the country” and it would help him in the polls. Preston joined CNN’s Jim Acosta ...The Hill - Politics - Donald Trump -
Why a CD is better than these 4 popular alternatives
If you want to maximize your interest, a CD is often your best option.CBS News - Top stories -
Long-haul carrier Emirates again halts local flight check-in as UAE recovers from record rains
Long-haul carrier Emirates says it is halting local check-in for passengers traveling on its flights as the wider United Arab Emirates tries to recover from record-setting rains this weekABC News - World -
Voting begins in India’s election with Modi widely expected to win third term
First phase in world’s largest democratic exercise begins, with 969 million people eligible to vote over six-week period. Voting has begun in India’s mammoth general election, as Narendra Modi’s Bharatiya Janata party hopes to increase its ...The Guardian - World -
Trump hush money trial: Judge sets opening statements for Monday
Follow the latest developments in former President Donald Trump's criminal hush money trial in New York.ABC News - Top stories - Donald Trump -
NHL approves Coyotes' move to Utah; Arizona expected to explore expansion club
The Arizona Coyotes are moving to Utah after 27 seasons in the Southwest. Hockey could return to the region with an NHL expansion club.Yahoo Sports - Sports - NHL -
Nicolas Jackson’s promise hindered by tyranny of expectations at Chelsea | Jonathan Liew
Forward, who faces Manchester City in the FA Cup on Saturday, has managed a debut season goal tally up there with big names. The pure poacher’s instinct. The understanding of timing and angles, the striker’s sixth sense for exactly where the ball ...The Guardian - World -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
R.F.K. Jr.’s Environmental Colleagues Urge Him to Drop Presidential Bid
Nearly 50 leaders and activists who worked with Mr. Kennedy at an environmental nonprofit group will run ads calling on him to “Honor our planet, drop out.”The New York Times - Top stories -
Murphy fires back at Trump Jr. on Mayorkas vote: 'Republicans are full of s‑‑‑'
Sen. Chris Murphy (D-Conn.) fired back at Donald Trump Jr. on Friday for calling out three Senate Democrats who voted to end the impeachment case against Homeland Security Secretary Alejandro Mayorkas. “Your Friday morning reminder that ...The Hill - Politics - Donald Trump -
China’s Export Dominance: What to Know
From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.The New York Times - Business - China -
More Than 100 Columbia University Students Arrested as Protests Intensify
The university called in the police to empty an encampment of demonstrators. But students have vowed to stay, no matter the consequences.The New York Times - Top stories