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S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
Weinstein conviction overturned by New York high court, citing judicial error
New York's highest court overturned Harvey Weinstein's 2020 rape and sexual assault conviction Thursday, ruling the judge who presided over the case made "egregious errors" in the watershed trial. In a 4-3 decision, the state Court of Appeals said ...The Hill - Politics - New York -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - World -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - Business -
Insurers scale back reimbursements for drugs used for weight loss
A growing number of insurance carriers say they won't cover the cost of weight loss medications because it is too high. The change is forcing some patients to take desperate measures. NBC News' Erin McLaughlin reports.NBC News - Top stories -
3 long-term care insurance moves to make before you're 75
Are you a senior considering long-term care insurance? Here are three strategic moves to make before you're 75.CBS News - Top stories -
How active ETFs could help investors navigate recent wild swings in the stock market
Signs of improving market breadth, beyond the tech giants, creates opportunities for the new wave of active exchange-traded funds.MarketWatch - Business -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
NASCAR Cup, Xfinity weekend schedule at Dover Motor Speedway
Dover hosts one NASCAR race weekend this season.Yahoo Sports - Sports - NASCAR -
Donald E. Petersen, Who Boosted Quality at Ford Motor, Dies at 97
As chief executive in the 1980s, he worked with the quality guru W. Edwards Deming.The Wall Street Journal - World -
As Alphabet follows Meta with a dividend, the pressure is now on Amazon
Dividends are a sign of maturing companies, but may also be a diversion for investors amid hefty capital spendingMarketWatch - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
Alphabet set to surge past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Alphabet issues first ever dividend, $70 billion buyback
Alphabet said Thursday that it’s issuing a 20-cent per share dividend, the company’s first ever, and that its board authorized the repurchase of up to $70 billion in stock.NBC News - Top stories -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Macron warns of Europe’s ‘mortal’ threat and how UK’s ‘levelling up’ failedFinancial Times - World -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Macron warns of Europe’s ‘mortal’ threat and how UK’s ‘levelling up’ failedFinancial Times - World -
Alphabet set to surge past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Foreign Minister Radek Sikorski says Poland wants to return to group of countries setting the European Union's direction
Foreign Minister Radek Sikorski says Poland wants to return to group of countries setting the European Union's directionABC News - World -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Persistently High Commodity Prices Could Delay Rate Cuts
Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.The Wall Street Journal - World -
Russian Missile Incursions Into NATO Risk Wider War, Poland's President Says
Andrzej Duda called the flyovers in Polish airspace provocations that put infrastructure and people in danger.The Wall Street Journal - World - Russia -
The Morning Risk Report
Business groups race to block FTC’s ban on noncompete agreements, and crypto mixer Samourai Wallet’s co-founders arrested for money laundering. Also, Ecuador’s former comptroller general convicted in case tied to Odebrecht.The Wall Street Journal - World -
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 -
Level 5's New Mech RPG Combat Game Could Scratch Your Gundam Itch
Developer Level 5 has just dropped its new mech RPG game, Megaton Musashi W: Wired. It's available for PC, PlayStation 4, PlayStation 5, and Nintendo Switch.. The game was first released in Japan for consoles in November 2021 and has now made its ...GameSpot - Tech -
Red Bull stunned by shock news F1’s top designer Adrian Newey is to leave
Newey believed to be unhappy with events this seasonNews deals blow to Red Bull hopes of keeping VerstappenRed Bull’s chief technical officer, Adrian Newey, is expected to leave the team, it has been reported. Newey is the most successful designer ...The Guardian - World -
Troubling S&P 500 chart suggests that stock investors have a rough road ahead
Oversold rally earlier this week doesn’t erase the U.S. market’s negative picture.MarketWatch - Business -
Fallout 4's Free PS5 Update Is Bugged, Will Be Coming To PS Plus Extra Members Says Bethesda
Fallout 4's long-awaited free next-gen update is here, but those attempting to download the update for PlayStation 5 have run into an issue that Bethesda says it's currently working on fixing.Many PlayStation users were quick to complain that they ...GameSpot - Tech -
NFL Draft fashion: Caleb Williams, Malik Nabers dressed to impress, but Marvin Harrison Jr.'s medallion stole the show
Every player was dressed to impress at the 2024 NFL Draft.Yahoo Sports - Sports - NFL -
Alphabet’s stock surges on Triple Crown of first-ever cash dividend, $70 billion stock buyback, strong results
Google parent Alphabet Inc.’s stock soared 12% in after-hours trading Thursday following huge spikes in revenue and net income that trounced analysts’ predictions — as well as its first-ever cash dividend of 20 cents per share.MarketWatch - Business -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World