Earnings Outlook Is Micron Selling Memory Chips for Less Than They Cost to Make That May Mean the Bottom Is Near
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TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Hotter temperatures mean higher utility costs for millions of Americans
Over half of U.S. counties face potentially higher utility expenses as the mercury rises, a new analysis finds.CBS News - Top stories -
VW Works Closely With Unions in Germany, but UAW May Be Less Cuddly
Organizers are raring for “the real fight” after their win in Chattanooga, signaling a more adversarial dynamic than the automaker has known back at home.The Wall Street Journal - World -
VW Works Closely With Unions in Germany, but UAW May Be Less Cuddly
Organizers are raring for “the real fight” after their win in Chattanooga, signaling a more adversarial dynamic than the automaker has known back at home.The Wall Street Journal - Business -
‘Extraordinary’ U.S. government debt may mean prolonged bond-market volatility
Roughly $27.5 trillion of debt issued by the U.S. Treasury is in the hands of the public, more than twice as much as 10 years ago and over six times as much as 20 years ago. This fact may be one the biggest reasons why bond-market volatility has ...MarketWatch - Business -
Ardian’s £2bn UK music console maker deal marks buyout activity revival
Sale of Audiotonix to PAI comes as private equity transactions pick up after a slow 18 monthsFinancial Times - Business - United Kingdom -
High global food prices may finally see a bottom in 2024, says Oxford Economics
According to Oxford Economics, global food prices are expected to decline in 2024, offering some relief for shoppers.CNBC - Business -
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
Pickup trucks and resilient consumer spending powered GM’s 24% increase in quarterly profit, but China remains a trouble spot.The Wall Street Journal - World -
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
Pickup trucks and resilient consumer spending powered GM’s 24% increase in quarterly profit, but China remains a trouble spot.The Wall Street Journal - Business -
Chinese Shares Open Mixed; Tianqi Lithium Slides
Chinese shares opened mixed, with energy and lithium stocks leading losses. Investors are watching for the coming Beijing Auto Show, which may boost stocks of companies along the EV supply chain.The Wall Street Journal - World - US Open -
India is a key chip design market, Qualcomm says, as Modi makes semiconductor push
Qualcomm is already designing chips in India, Qualcomm India's president Savi Soin said in an exclusive interview.CNBC - Business - India -
Your morning coffee may be more than a half million years old
The coffee that picked you up this morning is 600,000 years oldABC News - Tech -
Insurer Earnings Make Hospital Investors Sweat
Better-than-expected medical costs for insurers are putting pressure on hospital stocks.The Wall Street Journal - World -
The Magnificent Seven have gotten less magnificent ahead of earnings. This one could have the most explaining to do.
Four of the Magnificent Seven stocks will make their case to investors this week.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 -
What Apple investors should make of stock’s ‘tricky setup’ ahead of earnings
Investors don’t necessarily need to “step in front of” earnings, but BofA says they could buy any pullback ahead of the “biggest WWDC ever.”MarketWatch - Business - Apple -
Tesla CEO Musk sought to assuage Wall Street's concerns about the company's strategic direction by underscoring the automaker's commitment to making less-expensive electric cars.
Tesla CEO Musk sought to assuage Wall Street’s concerns about the company’s strategic direction by underscoring the automaker’s commitment to making less-expensive electric cars.The Wall Street Journal - World -
GM lifted its profit outlook for the year as the automaker reported a 24% rise in first-quarter earnings driven by solid U.S. sales of pickup trucks.
GM lifted its profit outlook for the year as the automaker reported a 24% rise in first-quarter earnings driven by solid U.S. sales of pickup trucks.The Wall Street Journal - World -
Micron Will Receive $6.1 Billion to Build Semiconductor Plants
The grant to the memory chipmaker is the latest federal award aimed at boosting U.S. chip manufacturing.The New York Times - Tech -
Caitlin Clark’s pro salary exposes an undeniable economic reality separating the WNBA and NBA
Despite record ratings, women's basketball still struggles financially, leaving players far behind their male counterparts in compensation. Why is this happening?NBC News - Top stories - WNBA -
15-year-old Miles Russell makes history with T20 finish at Korn Ferry Tour event, earns another start
Miles Russell, who is the youngest player on record with a top-25 finish on either the PGA Tour or Korn Ferry Tour, made seven birdies in a 10-hole stretch on Sunday.Yahoo Sports - Sports -
Climate politics and the bottom line — CBS News poll
Many Americans see an economic cost to combating climate change.CBS News - Politics - Climate -
Climate politics and the bottom line — CBS News poll
Many Americans see an economic cost to combating climate change.CBS News - Top stories - Climate -
Best golf deals ahead of Memorial Day: Rangefinders, balls, clubs and more
We found the best deals on Callaway, Wilson, TaylorMade and more top-rated golf gear ahead of Memorial Day.CBS Sports - Sports -
Taking Account of Rising Health Care Costs
Have your out-of-network insurance bills skyrocketed? Chris Hamby, an investigative reporter for The Times, may have an explanation.The New York Times - Health -
Taking Account of Rising Health Care Costs
Have your out-of-network insurance bills skyrocketed? Chris Hamby, an investigative reporter for The Times, may have an explanation.The New York Times - Health -
Premier League: Liverpool beat Fulham - reaction
Follow BBC Radio 5 live coverage and text commentary from Sunday's Premier League action.BBC News - Top stories - Premier League -
Bottom Line: Boeing builds out federal lobbying operation as scrutiny intensifies
Aviation The embattled aircraft giant Boeing hired The Doerrer Group to lobby on issues related to commercial airplanes. Boeing has been under fire since the door plug on a 737 Max 9 plane blew off shortly after an Alaska Airlines flight took off ...The Hill - Politics -
Novartis shares jump as drugmaker boosts outlook
Novartis shares rallied on Tuesday as the Swiss drugmaker raised its outlook for the year after seeing strong demand for heart and psoriasis drugs.MarketWatch - Business -
Samsung Electronics Gets $6.4 Billion for Texas Chip Plants
The expansion includes a second factory, an advanced chip-packaging facility and research-and-development capabilities.The Wall Street Journal - Tech -
Gina Raimondo says 'we've out-innovated China' amid chips war
Commerce Secretary Gina Raimondo proudly held up the progress of American industry on semiconductor manufacturing Sunday, declaring that the U.S. has “out-innovated” China as the two nations fight to advance their domestic technology ...The Hill - Politics - China -
Commerce Secretary Downplays Chinese Chip Power in Advanced Huawei Phone
Gina Raimondo says the Mate 60 Pro phone's processor is less advanced than American chips, pointing to successful tech export curbs.Inc. - Business - China -
China Used Resellers to Obtain Recently Banned Nvidia Chips
Super Micro, Dell servers bought by Chinese universities and institutescontained advanced chipssubject to a widening U.S. tech export ban.Inc. - Business - China -
A memorial opens on the site of a Nazi concentration camp for Roma after a pig farm was removed
A new memorial has opened in the Czech Republic on the site of a former Nazi concentration camp for Roma, capping a process that took decades and was made possible after a Czech government agreed to remove a communist-era pig farm from the siteABC News - World -
Best mattress deals ahead of Memorial Day 2024 from Saatva, Nectar, Tuft and Needle, more
Memorial Day weekend isn't here yet, but you can still score massive discounts on the best mattresses of 2024 now.CBS News - Top stories -
Best running shoe deals to shop ahead of Memorial Day: Save on Hoka, Nike, more
From the popular Nike Pegasus 40 to our favorite Hokas, shop the best early Memorial Day running shoe deals.CBS Sports - Sports -
Final Glastonbury tickets sell out in 22 minutes
All resale tickets for the world-famous music festival are now gone.BBC News - Top stories -
Hipgnosis Agrees to $1.4 Billion Deal to Sell to Concord
Hipgnosis, which owns the rights to songs by Justin Bieber and Neil Young, helped kick-start a rush on catalog sales. But its future has been in doubt.The New York Times - Business -
Councils selling the family silver to pay bills
Cash-strapped local authorities are selling off land, buildings and antiques to clear their debts.BBC News - Top stories -
Historical coins found under floor sell for £60,000
The cache of more than 1,000 gold and silver coins was found during renovation work at a cottage.BBC News - Top stories