Ev Maker Lucid Announces $3 Billion Raise from Saudi Public Wealth Fund and Stock Offering
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Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Bears request more than $2 billion in public money to fund $4.6 billion stadium project
The numbers for the Bears' proposed stadium project are astounding.Yahoo Sports - Sports -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Fifa announces deal with Saudi oil company Aramco
Fifa has announced a partnership with Saudi Arabia's state-owned oil company, Aramco.BBC News - Top stories -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - World -
Chicago Bears to seek public funding in $5bn plan for new lakefront stadium
Bears unveil $5bn proposal for new domed lakefront stadiumPlan calls for $900m from Illinois Sports Facilities AuthorityThe Chicago Bears unveiled a nearly $5bn proposal Wednesday for an enclosed stadium next door to their current home at Soldier ...The Guardian - World -
Toyota Makes $1.4 Billion EV Investment in Indiana Facility
The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky facility.The Wall Street Journal - World -
Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants
The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.The New York Times - Top stories - Joe Biden -
Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants
The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.The New York Times - Business - Joe Biden -
A $1 million wealth gap now divides white families from Black and Hispanic ones, research shows
The average wealth gap between white families and Black and Hispanic ones reached a new high in 2022, according to a new report by the Urban Institute.NBC News - Top stories -
In a Memo to Employees, Delta’s CEO Announced They Were Getting Raises. These 5 Words Stuck Out
Delta is giving out raises for the third year in a row. It's a lesson for every leader.Inc. - Business -
Hertz to sell 10,000 more EVs than planned, and stock suffers record plunge
Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.MarketWatch - Business -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say
If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.CNBC - Business -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
Dropzone AI gets $16.85M for autonomous cybersecurity AI agents that reduce manual work by 90 percent
Dropzone AI announced a $16.85 million Series A round led by Theory Ventures to help bring its cybersecurity AI agents to market.VentureBeat - Tech - Artificial Intelligence -
How NASA Repaired Voyager 1 From 15 Billion Miles Away
The far-traveled space probe is once again transmitting usable data, after a glitch caused months of gibberish.Wired - Tech - NASA -
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.
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.The Wall Street Journal - World -
Big Tech has split into 3 camps: loved, hated and iffy. Here's where our 8 stocks fit
The divided market, especially in tech, was a major theme in the Club's April Monthly Meeting.CNBC - Business -
Enduring Mayhem: Images From Year 3 of the War in Ukraine
A photographic chronicle of the third year of Russia’s invasion of Ukraine.The New York Times - World - Ukraine -
3 Unwritten Rules for Workplace Etiquette From 'Curb Your Enthusiasm'
Delve into the unconventional wisdom of Larry David's iconic series to glean invaluable insights on managing interpersonal dynamics and fostering a harmonious workplace culture.Inc. - Business -
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.The Wall Street Journal - World -
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.The New York Times - Business -
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.The New York Times - Top stories -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - Business -
Nuggets vs. Lakers odds, spread, score prediction, time: 2024 NBA playoff picks, Game 3 best bets from model
SportsLine's model has made its NBA picks and predictions for Game 3 of the Los Angeles Lakers vs. Denver Nuggets first round series on ThursdayCBS Sports - Sports - NBA -
Cavaliers vs. Magic odds, spread, score prediction, time: 2024 NBA playoff picks, Game 3 best bets from model
SportsLine's model has made its NBA picks and predictions for Game 3 of the Orlando Magic vs. Cleveland Cavaliers series on ThursdayCBS Sports - Sports - NBA -
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles.MarketWatch - Business -
Stellar Blade - How To Change Eve's Hairstyle
Stellar Blade stars Eve, who, like her comrades from the Colony, is called an Angel. Still, there's one fella who's not that impressed. Help him out, and you can change our heroine's looks. Here's our guide on how to change Eve's hairstyle in ...GameSpot - Tech -
For Beaten-Down Maker of Alzheimer's Drug, Good Enough Will Do
In-line sales for Alzheimer’s drug Leqembi and a beat for rare-disease drug Skyclarys has Wall Street giving Biogen another chance.The Wall Street Journal - World -
A Chinese Firm Is America’s Favorite Drone Maker — Except in Washington
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.The New York Times - Business -
A Chinese Firm Is America’s Favorite Drone Maker — Except in Washington
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.The New York Times - Top stories -
10 Best Cold-Brew Coffee Makers (2024): Oxo, KitchenAid, and More
Good cold-brewed coffee tastes like magic. Learn how to make it right—no barista necessary.Wired - Tech -
World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis. ‘Why we need a global tax on billionaires’. . . The world’s 3,000 billionaires should pay a minimum 2% ...The Guardian - World -
US aid package offers fresh hope to Ukraine
Much-needed supplies are key to fending off Russian attacksFinancial Times - World - Ukraine -
Anglo American shares rally after BHP takeover approach — could lead to biggest deal of the year
BHP said it’s looking to offer 0.7097 of its shares for each Anglo American share. It now has a month to make a formal offer.MarketWatch - Business -
Melania Trump Reappears in the Public Eye, in Black
At the Log Cabin Republicans’ fund-raiser, the former first lady stepped into the campaign spotlight, just as her husband’s hush-money trial begins.The New York Times - Lifestyle - Donald Trump -
Melania Trump Reappears in the Public Eye, in Black
At the Log Cabin Republicans’ fund-raiser, the former first lady stepped into the campaign spotlight, just as her husband’s hush-money trial begins.The New York Times - Lifestyle - Donald Trump -
Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial Times - Business