Ev Maker Lucid Rallies after 1 Billion Investment by Majority Stockholder As It Burns Cash
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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 -
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 - Business -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - World -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - Business -
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.CNBC - Business - United Kingdom -
BlackRock-Backed $1.4 Billion Fund Proves There's Cash to Make in Climate Tech
BlackRock's Decarbonization Partners raised its first fund amid growing investor interest in climate tech.Inc. - Business - Climate -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Google plans to invest $2B to build data center in northeast Indiana: officials
Officials say Google plans to invest $2 billion to build a data center in northeastern Indiana to help power its artificial intelligence technology and cloud businessABC News - Tech - Google -
Korean chip maker SK Hynix returns to net profit after five-quarter losing streak
SK Hynix returned to a net profit in the first quarter after a five-quarter losing streak, continuing to ride the artificial-intelligence boom that boosts demand for more advanced and high-end memory chips.MarketWatch - Business -
Nio’s stock jumps after report of China’s plan to boost EV sales
Shares of Nio Inc., and those of other China-based electric-vehicle makers, powered higher Friday, after a report that China reportedly plans to provide car owners with an incentive to buy EVs.MarketWatch - Business - China -
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.CNBC - Business -
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 -
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 -
WATCH: Pete Crow-Armstrong launches home run for first MLB hit after Cubs' top prospect returns to majors
Crow-Armstrong was called up in the wake of Cody Bellinger's injuryCBS Sports - Sports - MLB -
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 -
Biden speaks after signing $95 billion foreign aid package into law
President Biden spoke from the White House Wednesday after signing into law a $95 billion foreign aid package that will send money to Israel, Ukraine and Taiwan. The president had been pushing Congress on the legislation for months. CBS News chief ...CBS News - Top stories - Joe Biden -
Israel Calls Alliance With U.S. ‘Ironclad’ After Receiving Billions in Aid
The money from Washington, which includes $5 billion to replenish Israel’s defenses and $1 billion for Gazan civilians, comes as Israel readies to invade Rafah.The New York Times - World - Israel -
Israel Calls Alliance With U.S. ‘Ironclad’ After Receiving Billions in Aid
The money from Washington, which includes $5 billion to replenish Israel’s defenses and $1 billion for Gazan civilians, comes as Israel readies to invade Rafah.The New York Times - Top stories - Israel -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - Business -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - World -
Elliott takes $1 billion stake in Anglo American as miner faces takeover interest
Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC.CNBC - Business -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Major Gaza protests at US universities
Protests have erupted across more than two dozen campuses, including New York, Texas and California.BBC News - Top stories -
BHP makes $39 billion bid for Anglo American in mining mega play
Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).CNBC - Business -
2024 NFL Draft: Fantasy football winners and losers after Round 1
With Day 1 in the books, Andy Behrens runs down the players who saw their fantasy values change after the first 32 picks.Yahoo Sports - Sports - NFL -
Perez homers as KC beats Blue Jays 2-1 in game called after 5 innings, 3 1/2-hour rain delay
Salvador Perez hit a two-run homer in the first inning, Cole Ragans held Toronto in check long enough for the storms to arrive, and the Kansas City Royals beat the Blue Jays 2-1 in a game called after five innings due to rainABC News - Sports - MLB -
Google's parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.
Google’s parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.The Wall Street Journal - World -
Johnson: Republicans ‘don’t have a functioning majority’ in the House
Speaker Mike Johnson (R-La.) joined Jesse Watters Wednesday to discuss the massive foreign aid package that recently passed both chambers, and the difficulties Republicans have faced getting immigration-related reforms passed with a Democratic ...The Hill - Politics - Republican Party -
As it happened: London mayor hopefuls in BBC debate
Four of the candidates vying to become the city's mayor have taken part in a BBC London hustings.BBC News - Top stories -
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 -
Tesla's Big Rally Drives the Nasdaq Higher
U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.The Wall Street Journal - World -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Top stories - Israel -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Business - Israel -
How Trump’s Rhetoric at Rallies Has Escalated
No major American presidential candidate has talked like he now does at his rallies — not Richard Nixon, not George Wallace, not even Donald Trump himself.The New York Times - Top stories - Donald Trump -
Zuckerberg burns some goodwill on Wall Street as he plows forward with the metaverse
Investors clearly also concerned that Meta’s spending will include a lot more on virtual and augmented reality.MarketWatch - Business -
Fire burns a restaurant and hotel in eastern India, killing 6 and injuring 20
Yahoo News - World -
E.P.A. Severely Limits Pollution From Coal-Burning Power Plants
New regulations could spell the end for plants that burn coal, the fossil fuel that powered the country for more than a century.The New York Times - Top stories