Costco Again Outperforms Retail Rivals and Delivers Surprise Margin Expansion
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Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.CNBC - Business -
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.CNBC - Business -
Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan
The parent company of Rubbermaid, Sharpie, Mr. Coffee, Elmer’s glue and more said it lost $9 million, or 2 cents a share in the first quarter, compared to a loss of $102 million, or 25 cents a share, in the year-ago period.MarketWatch - Business -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.The Wall Street Journal - World - Tiktok -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.The Wall Street Journal - Tech - Tiktok -
Mining giant BHP offers to buy rival Anglo American in potential megadeal
Mining giant BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.MarketWatch - Business -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
The deal would create one of the largest copper miners at a time when demand is soaring for the metal used in many green technologies.The New York Times - Business -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
Blinken says he challenged China's Xi on Russia war support
America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations.BBC News - Top stories - China -
Bob Diamond sets sights on rivalling TikTok with social media start-up
Former Barclays boss to chair lossmaking video platform that claims $3bn valueFinancial Times - Business - Tiktok -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.The Wall Street Journal - Tech - Tiktok -
Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
The deal would create one of the largest copper miners at a time when demand is soaring for the metal used in many green technologies.The New York Times - Business -
Elon Musk flies in to meet China’s premier as Tesla fights local rivals
Yahoo News - World - Elon Musk -
Scottish first minister’s future may hinge on breakaway party
Humza Yousaf might be able to rely on the support of the Alba party in no confidence voteFinancial Times - Business -
Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
'We lost £26,000 in a year' - shoplifting hits record in England and Wales
Shoplifting was up by 37% in the year to December 2023, the highest since records began in 2003.BBC News - Top stories -
Microsoft's bullish PC outlook makes us want to buy more of this electronics retailer
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
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 -
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 -
Julie Andrews on finding her voice again, as a children's book author
The singer and actress began a new career when she teamed with daughter Emma Walton Hamilton to write a hugely successful series of children's books. Their 35th, "Waiting in the Wings," about a troupe of theatrical ducks, is based on a true story.CBS News - Entertainment -
Bird flu outbreak is driving up egg prices — again
Egg prices are jumping as an outbreak of highly pathogenic avian influenza forces producers to slaughter millions of infected birds.CBS News - Top stories -
Surrogacy 'unicorn' is pregnant with baby No. 11 and would do it again 'in a heartbeat'
April 21-27 is National Infertility Awareness Week.NBC News - Top stories -
Bavarian lawmakers again lift immunity of embattled AfD politician
Yahoo News - World -
India’s farmers are up in arms again. Will it hurt Modi’s reelection campaign?
While the protestors are beginning to up the ante by blocking railway tracks, the agitation this time seems a pale shadow of their movement in 2020.CNBC - Business -
Lakers falter again, on brink of another 4-0 exit
With the Lakers in another 3-0 hole to the Nuggets, LeBron James said the pressure the team is facing "is what the postseason is about."ESPN - Sports - NBA -
Peter Kay 'can't believe' new arena's latest delay
The comedian's appearances at Manchester's troubled Co-op Live venue are postponed for a second time.BBC News - Top stories -
‘I don’t smoke on the uphills’: Lazarus Lake walks across America (again)
Gary Cantrell, aka Lazarus Lake or Laz, completed his first trans-continental trek in 2018. He’s now attempting his second, but this time against medical advice. Lazarus Lake is shifting in a straight-back chair, searching for the right spot to ...The Guardian - World -
Liverpool draw further damages PL title hopes
Liverpool were held to a 2-2 draw away to West Ham United on Saturday, suffering a further blow to their hopes of lifting the Premier League trophy in manager Jurgen Klopp's final season at the club.ESPN - Sports -
Julie Andrews on finding her voice again, as a children's book author
The singer and actress began a new career when she teamed with daughter Emma Walton Hamilton to write a hugely successful series of children's books. Their 35th, "Waiting in the Wings," about a troupe of theatrical ducks, is based on a true story.CBS News - Entertainment -
Van Dijk, Alisson 5/10, Liverpool title hopes hit again
The title chances of Jurgen Klopp's team dwindled further after a 2-2 draw against West Ham.ESPN - Sports -
How a New Trial for Harvey Weinstein Could Again Test the Legal System
A new jury would hear from only one or both of the women whom he was convicted of assaulting, in what analysts say will be a much narrower and weaker case.The New York Times - Top stories -
Santana homers again, drives in 4, as Twins rout Angels 16-5
Carlos Santana hit a home run in his third consecutive game and drove in four runs as the Minnesota Twins scored 10 times over the first four innings and extended their winning streak to six with a 16-5 victory over the Los Angeles AngelsABC News - Sports - MLB -
NBA playoffs: Who's had the most impressive start to the postseason? Most surprising?
Our NBA writers weigh in on the first week of the playoffs and look ahead to what they're watching as the series shift to crucial Game 3s.Yahoo Sports - Sports - NBA -
Can a Humble Fan Beat Your AC? You'd Be Surprised.
Don’t waste money cooling your entire room. In many ways, these are much more efficient.The Wall Street Journal - Tech -
Boston Beer reports a surprise profit as Twisted Tea shipments keep growing
Boston Beer’s stock surged in after-hours trading Thursday, after the beer brewer reported a surprise first-quarter profit and revenue that rose well above forecasts, fueled by volume increases, pricing and lower returns.MarketWatch - Business -
Falcons pull big surprise at No. 8 by grabbing QB Penix Jr.
Michael Penix Jr. to Atlanta was the first big surprise of the NFL Draft.Yahoo Sports - Sports - NFL -
Can a Humble Fan Beat Your AC? You'd Be Surprised.
Don’t waste money cooling your entire room. In many ways, these are much more efficient.The Wall Street Journal - Tech -
Nvidia CEO Jensen Huang personally delivers first DGX H200 to OpenAI
Nvidia CEO Jensen Huang personally delivers the groundbreaking DGX H200 AI processor to OpenAI, heralding significant advancements in AI technology and research capabilities.VentureBeat - Tech