Goldman Sachs Profits Plunge Two Thirds As Dealmaking Slumps
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Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.MarketWatch - Business -
Goldman Sachs names new Japan chief after abrupt exit of former president
Promotion of Hong Kong based insider Hidehiro Imatsu follows months-long leadership vacuumFinancial Times - Business -
Goldman Sachs names new Japan chief after abrupt exit of former president
Promotion of Hong Kong based insider Hidehiro Imatsu follows months-long leadership vacuumFinancial Times - World -
STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
Wassell returns as Scotland chase third place
Scotland make three changes for their final Six Nations match away to Ireland as they chase a best finish since 2005.BBC News - Top stories -
Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence
Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results.NBC News - Top stories -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Adyen shares slump as payments processor meets revenue estimates
Shares of Adyen slumped Thursday as the payments processor met revenue expectations even after processing more volume than anticipated.MarketWatch - Business -
Is the U.S. in the middle of two Cold Wars?
It's been nearly 35 years since the Cold War ended, but the author of a new book argues not only is the U.S. facing a new Cold War -- it's facing more than one. David Sanger, author of "New Cold Wars," joins CBS News to explain.CBS News - Top stories -
Google says it will miss target for ending third-party cookies
Google said Tuesday that it will no longer be able to complete its phaseout of third-party cookies by the end of 2024. “We recognize that there are ongoing challenges related to reconciling divergent feedback from the industry, regulators and ...The Hill - Politics - Google -
Trump trial to continue with third day of testimony by witness David Pecker
Former National Enquirer publisher David Pecker is expected to continue testifying in Donald Trump's New York criminal trial, his third day on the stand.CBS News - Politics - Donald Trump -
Trump trial hears new details about alleged "catch and kill" scheme
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.CBS News - Top stories - Donald Trump -
‘Privileged access’: pro-plastic lobbyists at UN pollution talks increase by a third
Fossil fuel and petrochemical campaigners at Ottawa summit outnumber scientists, EU and Indigenous delegates. The number of fossil fuel and petrochemical industry lobbyists has increased by more than a third at UN talks to agree the first global ...The Guardian - World -
Watch Rickie Fowler ace the third hole at Pine Valley
Fowler's hole-in-one was recorded while he was playing with Justin Thomas at the top-ranked club.Yahoo Sports - Sports -
The biggest storylines entering two massive NBA Game 2s
Both No. 1 seeds took 1-0 series leads over the weekend. Here's what to know going into Wednesday's playoff games.ESPN - Sports - NBA -
Gallego nabs two key Latino endorsements
Civil rights icon Dolores Huerta and the United Farm Workers (UFW), the union she founded alongside Cesar Chavez, on Wednesday endorsed Rep. Ruben Gallego (D-Ariz.) in his Senate bid. Endorsements from Huerta and the UFW, key players in the birth ...The Hill - Politics -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
Two American pastimes: Baseball and theft by government
It would be fitting for Clemente to hit yet another home run — this time for freedom — a full five decades after his last at bat.The Hill - Politics -
Two men arrested in torso murder inquiry
The men, aged 42 and 68, are being questioned over the discovery of a man's remains in woods.BBC News - Top stories -
Two men charged in Channel deaths investigation
Five migrants, including a child, were killed in a crush on board a boat crossing the Channel.BBC News - Top stories -
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 -
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 -
Nature destruction will cause bigger economic slump in UK than 2008 crisis, experts warn
Green Finance Institute report said further pollution could cut 12% off GDP by 2030s. The destruction of nature over the rest of the decade could trigger a bigger economic slump in Britain than those caused by the 2008 global financial crisis and ...The Guardian - World - United Kingdom -
Yen slumps to fresh 34-year low as Bank of Japan stands pat with no sign of intervention
The Japanese yen fell to a fresh 34-year low versus the U.S. dollar after the Bank of Japan left monetary policy unchanged and gave little indication that intervention to support the currency was imminent.MarketWatch - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - Business -
Sharks fire head coach David Quinn after two seasons
The Sharks are looking for a new coach to lead their rebuild.CBS Sports - Sports -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Cubs OF Cody Bellinger sidelined by two fractured ribs on his right side
Cody Bellinger has two fractured ribs on his right side, sidelining another key player for the Chicago CubsABC News - Sports -
Trump tops Biden by just two points in new Florida poll
Former President Trump in a new poll is leading President Biden by just two points in his home state of Florida, which is a longtime swing state but has been seen as relatively safe territory for Republicans in recent elections. The poll from the ...The Hill - Politics - Joe Biden -
Two men charged in connection with deaths of five people trying to cross Channel
Two 22-year-olds charged with immigration offences as part of investigation into deaths. Two 22-year-old men have been charged with immigration offences in connection with the deaths of five people, including a child, who diedtrying to cross the ...The Guardian - World -
Third man is detained in a major bribery case that involves Russia's deputy defense minister
Moscow's court service says a third man has been detained in a major bribery case involving one of Russian's most senior defense officialsABC News - World - Russia