Futures Movers Oil Prices Settle with A Tepid Gain after Saudi Arabia Sets July Production Cut
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Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Wayfair shares surge 10% after furniture retailer cuts losses by more than $100 million
Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.CNBC - Business -
Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks
Former President Donald Trump has secured another $1.6 billion worth of shares in Trump MediaABC News - Tech - Donald Trump -
U.S. productivity slumps in first quarter
Productivity had been a bright spot for the economy over the past year and today’s data dims the outlook.MarketWatch - Business -
Muted no more - TikTok settles music royalties dispute with Universal
The deal means songs from artists including Ariana Grande and Drake can be used on the platform again.BBC News - Top stories - Tiktok -
Jadon Sancho's revival at Borussia Dortmund shows how setting is everything after Manchester United disaster
The English attacker is back at his best in Germany, producing numbers we haven't seen since Lionel Messi in 2008CBS Sports - Sports - Premier League -
Dropbox Reports Cyberattack on Dropbox Sign Product
Dropbox said Wednesday that certain user data had been accessed in a cyber breach in its Dropbox Sign product.The Wall Street Journal - World -
Europe Takes Radical Steps to Boost Production
EU official Thierry Breton wants state spending to support domestic manufacturing to compete with China and the U.S.—a reversal of longtime policy to clamp down on national subsidies.The Wall Street Journal - World - Europe -
McKinsey Study: Opportunities to Boost Small Company Productivity
Research on micro, small, and midsize companies offers new ideas about how to close the productivity gap.Inc. - Business -
Over 7 million people in South Sudan likely to face acute food insecurity between now, July, UN says
Yahoo News - World - United Nations -
Fantasy Baseball Rankings Movers: Jack Flaherty's gem puts him in a crowded range at starting pitcher
Find out where recent call-ups Joey Loperfido, Jordan Beck and Tyler Black rankCBS Sports - Sports -
AI and humanity’s future: chilling or thrilling?
Amol & Nick take on Stephen Fry’s challenge & look at what the future of AI might entail.BBC News - Top stories - Artificial Intelligence -
Johnson & Johnson unveils latest plan to settle ovarian cancer talc claims
The plan is expected to resolve 99.75% of all pending talc lawsuits against the company and its units in the U.S., it said in a statement.MarketWatch - Business -
Johnson & Johnson proposes $6.5bn deal to settle talc cancer lawsuits
Drugmaker could fast track subsidiary’s bankruptcy process if 75% of claimants vote in favour of new planFinancial Times - Business -
Johnson & Johnson offers $6.5 billion to settle talc cancer lawsuits
Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.CBS News - Top stories -
Emma Hayes says ‘title race is done’ after Chelsea lose thriller at Liverpool
. No Continental League Cup, no FA Cup, no Champions League and, whisper it, possibly no trophy at all. Emma Hayes certainly thinks so, the Chelsea manager saying “the title is done”, after the Blues suffered a 4-3 defeat to Liverpool to hand ...The Guardian - World -
TikTok and Universal Music Group settle royalty dispute with new licensing agreement
The months-long standoff between Universal Music Group and TikTok over royalty payments and AI policies is finally over, at least for the time being, with the announcement that the two entities have struck a deal to bring the label’s music back on ...NBC News - Top stories - Tiktok -
Standard Chartered Posts Higher Profit on Trading Gains
The London-based bank posted a rise in first-quarter net profit due to higher trading income despite lower earnings from lending.The Wall Street Journal - World -
Metal Prices Mixed, With Gold Holding Firm as Base Metals Slip
Metal prices were mixed, with gold futures up 0.1% at $2,313.3 a troy ounce, but base metals falling back.The Wall Street Journal - World -
Saudi women's rights activist jailed for 11 years
Manahel al-Otaibi was convicted of "terrorism charges" reportedly related to her social media posts.BBC News - Top stories -
US reluctant to back stringent production curbs in plastics treaty
Washington takes similar line to Russia and China as UN talks head towards conclusion without a dealFinancial Times - Business -
I Tried These AI-Based Productivity Tools. Here’s What Happened
Hoping to make life easier, I tested six AI-powered tools meant to help me write better and work smarter.Wired - Tech -
Biden taps veteran campaign operative Greg Hale as director of presidential production
As President Biden ramps up his travel schedule, the White House has hired Greg Hale, a longtime veteran of several Democratic presidential campaigns, as the director of presidential production, sources tell The Hill. The hire comes as the White ...The Hill - Politics - Joe Biden -
Got a Great Product? Here's How to Find the Perfect Market Fit
On Inc.'s 'From the Ground Up' podcast, founders from two different beverage startups share how they found just the right product-market fit--from opposite directions.Inc. - Business -
ConocoPhillips’s production narrowly beats analyst estimate, but profit falls slightly short
Shares ticked up premarket as the company says it plans to return $9 billion to shareholders through dividends and stock buybacks in 2024.MarketWatch - Business -
CBS Mornings Deals: Save up to 43% on car cleaning products
These deals won't last long.CBS News - Top stories -
Polis signs bill strengthening Colorado's 'forever chemical' product bans
Colorado Gov. Jared Polis (D) signed into law Wednesday a bill that will result in sweeping bans of "forever chemicals" across a wide range of consumer products. The law, SB-81, expands upon existing state legislation that prohibited the sale or ...The Hill - Politics -
The Unsexy Future of Generative AI Is Enterprise Apps
Some startups that launched buzzy generative AI products are now narrowing their offerings to try to make them more useful to business clients.Wired - Tech -
Colombia to cut diplomatic ties with Israel
Colombian President Gustavo Petro said Wednesday he plans to sever diplomatic ties with Israel over the Middle Eastern country’s conduct in its war against Hamas in Gaza. Speaking at a May Day rally in Bogotá’s central Plaza de Bolívar, Petro ...The Hill - Politics - Israel -
Colombia to cut diplomatic ties with Israel
Yahoo News - World - Israel -
Don't hold out for rate cuts
Presented by BP — The Fed may not cut until November. {beacon} View Online Business & Economy Business & Economy PRESENTED BY The Big Story High interest rates aren't going anywhere The central bank doesn't expect to cut rates anytime soon as ...The Hill - Politics -
Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains
The best course when stocks slide is for investors to stand pat, but “put” options are one way to hedge against a drop and lock in some profits.The Wall Street Journal - World -
Tech Powerhouses Reap Gains From AI Cloud Computing Boom
You can't spell AI without Alphabet--or Amazon, or Microsoft, which are all making money off the need for cloud services as businesses adopt AI functions.Inc. - Business -
April jobs report expected to show 240,000 gain in U.S. hiring
Scattered signs of a slowdown in hiring suggest the April employment report could be a softer one, but Wall Street isn’t betting on it. Economists predict another large increase.MarketWatch - Business -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
Iran: Death sentence commuted for oil billionaire
Yahoo News - World - Iran -
Democrats release report on big oil probe
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Democrats release report on big oil probe According to a report from a yearslong investigation by House Democrats, major oil ...The Hill - Politics -
How shale rewrote the global oil order
What’s keeping oil prices from jumping higher?Financial Times - World -
Transfer Talk: Liverpool planning Salah contract talks to cool Saudi interest
Liverpool are preparing to offer Mohamed Salah a new contact to repel interest from clubs in the Saudi Pro League. Transfer Talk has the latest.ESPN - Sports -
Saudis push for ‘plan B’ that excludes Israel from key deal with US
Riyadh seeks more modest agreement with Washington in absence of Gaza ceasefire and Netanyahu resistance to Palestinian state. The US and Saudi Arabia have drafted a set of agreements on security and technology-sharing which were intended to be ...The Guardian - World - Israel