Economic Report Us Labor Productivity in the First Quarter Was Not As Weak As Initially Reported
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Tesla Accelerates Rollout of More-Affordable EVs as Profit Drops Sharply
The company’s shares rose in after-hours trading following news that the EV maker is looking to bring new models to market sooner than previously planned.The Wall Street Journal - World - Tesla -
Tesla shares jump 11% after Musk says company aims to start production of affordable new EV by early 2025
Tesla reported disappointing earnings and revenue, but the stock rose on optimism that a new affordable EV model could enter production sooner than expected.CNBC - Business - Tesla -
Tesla reports 9 percent dip in first quarter revenue
Tesla saw a 9 percent year-over-year decline in first-quarter revenue, the electric vehicle (EV) company said Tuesday. The drop in revenue, Tesla’s largest since 2012, comes as the EV firm faces falling sales and growing competition. Tesla ...The Hill - Politics - Tesla -
UN labor agency report warns of rising threat of excess heat, climate change on world's workers
The U.N. labor organization is warning that over 70% of the world’s workforce is likely to be exposed to excessive heat during their careers, citing increased concern about exposure to sunlightABC News - Health - Climate -
Analysis: Path for 10-Year U.S. Treasury Yield to 5% Is Possible but Tricky
A recent jump in U.S. government-bond yields has left investors pondering whether the 10-year Treasury yield could reach 5% as expectations for interest-rate cuts continue to be scaled back.The Wall Street Journal - World -
Verizon Communications Results Lifted by Price Hikes
Verizon Communications’ revenue was up slightly in the first quarter as the company lost fewer postpaid phone connections than expected and benefited from higher prices for its plans.The Wall Street Journal - World -
Financial Services Roundup: Market Talk
Read about mortgage investors in the U.S., SPDR Gold shares, PulteGroup, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
A Sony Bid for Paramount Would Be a Win-Win
Any deal involving a takeover by the Japanese giant still faces thorny obstacles, antitrust regulators and boardroom drama among them.The Wall Street Journal - World -
Verizon Communications Results Lifted by Price Hikes
Verizon Communications’ revenue was up slightly in the first quarter as the company lost fewer postpaid phone connections than expected and benefited from higher prices for its plans.The Wall Street Journal - World -
Biden Weighs Giving Legal Status to Immigrant Spouses of U.S. Citizens
Biden administration officials are considering green cards and deportation relief for hundreds of thousands of immigrants who are living in the U.S. illegally and are married to U.S. citizens.The Wall Street Journal - World - Joe Biden -
Dozens of companies altered descriptions of diversity, equity and inclusion initiatives in their annual reports to investors as DEI programs come under legal and political threat.
Dozens of companies altered descriptions of diversity, equity and inclusion initiatives in their annual reports to investors as DEI programs come under legal and political threat.The Wall Street Journal - World -
Perplexity AI Just Announced Its First B2B Product, and NVIDIA Is Already Using It
Other early adopters of Perplexity Enterprise Pro include Arianna Huffington's Thrive Global and the Cleveland Cavaliers.Inc. - Business -
NFL mock draft live: 32 team reporters make their first-round picks
Reporters who cover their teams on a daily basis predict how the first round of the 2024 NFL draft will unfold in The Times' beat writers' mock draft.Yahoo Sports - Sports - NFL -
12:30 Report — Hush money trial: Opening statements, first witness takes stand
{beacon} 12:30 REPORT It’s Monday. Happy Earth Day!! It’s been a busy morning in court news. Here’s what’s happening today: Opening arguments in former President Trump’s hush money trial wrapped up this morning, and the first witness took the ...The Hill - Politics -
Jimmy Butler injury update: Heat star out for entire first-round playoff series vs. Celtics, per report
Butler sprained his MCL during the Heat's Play-In Tournament loss to the Sixers and has not played sinceCBS Sports - Sports - NBA -
Brandon Aiyuk could still be traded during NFL Draft, 49ers want 2024 first-round pick, per report
'Anything's possible'CBS Sports - Sports - NFL -
Matt Mervis promotion: Cubs call up hot-hitting young first baseman in infield shuffle
Mervis struggled in his MLB debut last season but has hit in Triple-A this yearCBS Sports - Sports -
Regulators probe potential use by big banks of nondisclosure agreements to discourage whistleblowers: report
Some of the largest U.S. banks are being asked by the Commodities Futures Trading Commission to provide details about nondisclosure agreements for employees in an effort to protect potential whistleblowers, according to a report by Bloomberg.MarketWatch - Business -
The Morning Risk Report
U.S. takes aim at Chinese banks aiding Russia war effort, and Israel’s military spy chief resigns over Oct. 7 Hamas attack. Also, social media is overwhelming the nonprofit fighting child exploitation.The Wall Street Journal - World -
Larger properties drive UK asking prices to near-record high
Rightmove data comes against a backdrop of recent volatility in mortgage marketFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
FirstFT: NYSE canvasses clients for 24/7 trading
Also in today’s newsletter, Israel’s intelligence head resigns and professional services firms explore ways to cut staffFinancial Times - World -
FirstFT: NYSE canvasses clients for 24/7 trading
Also in today’s newsletter, Israel’s intelligence head resigns and professional services firms explore ways to cut staffFinancial Times - World -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Business - Netflix -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
Apple iPhone sales tumbled in China in first quarter, research firm says
Apple iPhone sales tumbled in China during the first quarter, a research firm said Tuesday.MarketWatch - Business - Apple -
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 -
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
Elon Musk-led electric vehicle maker’s stock jumps after-hours despite reporting a fall in quarterly revenueFinancial Times - Business - Tesla -
Diversity Goals Are Disappearing From Companies' Annual Reports
Dozens of firms change what and how they report on their diversity initiatives as DEI programs come under legal and political threat.The Wall Street Journal - World -
Netflix to stop reporting quarterly subscriber numbers in 2025
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.CBS News - Entertainment - Netflix -
Report: If Warriors waive CP3, Spurs could be suitor
If Chris Paul is waived by the Warriors, the Spurs reportedly could emerge as a suitor for the 19-year NBA veteran.Yahoo Sports - Sports -
Why you should be very skeptical of that auditor’s report
I don’t have much faith in the auditor’s opinion. But I know what would help.The Hill - Politics -
Jets trade QB Zach Wilson to Broncos
Wilson's starting over in Denver.Yahoo Sports - Sports - NFL -
Palestinian UN agency must improve neutrality - report
Yahoo News - World - United Nations