First Republic Shares Close Down 33 Despite $30bn Lifeline
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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 -
The Biden administration issued new rules that crack down on power-plant pollution and could force many coal plants to close unless they make costly upgrades.
The Biden administration issued new rules that crack down on power-plant pollution and could force many coal plants to close unless they make costly upgrades.The Wall Street Journal - World - Joe Biden -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Fauci to testify before Congress for the first time since stepping down
Anthony Fauci, former chief medical adviser to President Biden, will testify before the House Select Subcommittee on the Coronavirus Pandemic on June 3, making it the first time he will appear before a congressional panel since leaving government ...The Hill - Politics -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - Business -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
2024 NFL Draft: Five teams most likely to trade down in first round, including Cardinals, Chargers
The teams most likely to trade down in the 2024 NFL DraftCBS Sports - Sports - NFL -
Beef From Dairy Cows? It Could Be a Lifeline for American Farmers.
Letting milk cows graze longer can produce superior beef — a largely European practice that is now gaining ground in America.The New York Times - Business -
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.The Wall Street Journal - World -
2024 NFL Mock Draft: Vikings get QB, Pats move down; Panthers trade into first round for falling Brock Bowers
It's draft day and here's what i think teams should doCBS Sports - Sports - NFL -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
Southwest closing operations at four airports
Southwest is closing operations at four airports because of delivery delays for Boeing airliners. The cutback comes as the airline reported a first-quarter loss of $231 million, and said it will also limit hiring and offer voluntary leave to ...The Hill - Politics -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.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 -
A justifiable ban on US non-compete clauses
There are other ways of retaining key workers and protecting trade secretsFinancial Times - World -
American Leaders Need to Close the Cookie Jar
They seem to have forgotten how. Fortunately, readers have some suggestions.The Wall Street Journal - World -
Slowing Down for Poetry and Time
A London exhibition by Van Cleef & Arpels will showcase heritage pieces alongside novelties introduced at the Watches and Wonders fair.The New York Times - Lifestyle -
Here’s a rapid-fire update on all 33 portfolio stocks including our tech giants reporting this week
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.CNBC - Business -
Shai Gilgeous-Alexander's 33 points lead Thunder past Pelicans 124-92 as OKC takes a 2-0 lead
Shai Gilgeous-Alexander scored 33 points and the Oklahoma City Thunder beat the New Orleans Pelicans 124-92 to take a 2-0 lead in their first-round Western Conference playoff seriesABC News - Sports - NBA -
Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes
A little over a year ago, Chipotle announced the opening of its first Farmesa location.CNBC - Business -
College protests live updates: 93 arrested at USC
Protests have broken out at colleges and universities across the country in connection with the war in Gaza.ABC News - Top stories -
Unions vow to fight on as Tata Steel confirms plans to close blast furnaces
Decision will result in up to 2,800 job losses at Britain’s biggest producer of the commodityFinancial Times - World -
When U.S. Officials Visit China, Their Food Choices Are Closely Watched
Visits to China by American officials like Secretary of State Antony J. Blinken can bring fame to local restaurants, as well as scrutiny to the dignitaries.The New York Times - World -
The Media Say Crime Is Going Down. Don't Believe It
The decline in reported crimes is a function of less reporting, not less crime.The Wall Street Journal - World -
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 -
Despite the Watch World’s Secrecy, Data Services Expand
Swiss brands and retailers now have a few options to determine what’s happening with the industry. Just a couple of years ago, they had almost none.The New York Times - Lifestyle -
Emory in Atlanta Is Latest University to Crack Down on Protests
More than 400 demonstrators across the country have been taken into police custody since arrests at Columbia University in New York set off a wave of student activism nationwide.The New York Times - Top stories -
Royal Navy destroyer shoots down Houthi missile
The HMS Diamond was deployed in the Gulf of Aden when its crew used her Sea Viper missile system.BBC News - Top stories -
Agent: Cousins confused by Falcons' Penix pick
The Falcons selected quarterback Michael Penix Jr. with the No. 8 pick in the NFL draft Thursday.ESPN - Sports -
Niners: WR trade unlikely despite Pearsall pick
Despite using their first pick in the NFL draft on WR Ricky Pearsall, the Niners say they are unlikely to trade Brandon Aiyuk or Deebo Samuel.ESPN - Sports - NFL -
Minnesota's Naz Reid wins NBA's Sixth Man of the Year award, edging Malik Monk in close vote
Naz Reid, who helped the Minnesota Timberwolves overcome an injury to Karl-Anthony Towns to have one of the best seasons in franchise history, was voted the NBA’s Sixth Man of the YearABC News - Sports -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
Technical glitch temporarily closed southern Norway airspace, causing delays at Oslo airport
A technical problem caused aviation authorities in Norway to temporarily close the airspace over the south of the country, leading to significant delays at Oslo airportABC News - World -
2024 NFL Draft closes chapter for COVID-wrecked 2021 recruiting class defined by visit bans, canceled season
For better or worse, the Class of 2021 finally gets the (in-person) stage it deservesCBS Sports - Sports - NFL -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - Business - Joe Biden