Goldman Sachs Says Buy Oil Stock Pullbacks Highlighting A Club Name to Purchase
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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 -
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 -
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 -
Jefferies boss sells $65mn in stock to buy a customer’s yacht
Purchase shines light on wealth accumulated by longtime chief executive Rich HandlerFinancial Times - Business -
Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
Nvidia plans to acquire Run:ai, a Kubernetes-based software provider that helps optimize AI apps and workloads on GPUs.VentureBeat - Tech -
Blackstone to Buy Franchiser Tropical Smoothie Cafe
The deal values the smoothie chain at around $2 billion, including debt.The Wall Street Journal - World -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
Reid edges Monk in closest-ever NBA 6th Man vote
Timberwolves forward Naz Reid was named the 2023-24 NBA Sixth Man of the Year on Wednesday night.ESPN - Sports - NBA -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
BBC Verify examines reported strikes on Russian oil depots
The reported strikes have been geolocated to the Smolensk region of western Russia.BBC News - Top stories - Russia -
Huge fire seen as Ukraine hits Russian oil depots with drone strike
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.CBS News - World - Ukraine -
Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
Oil Edges Lower as Ebbing Supply-Disruption Risks Weigh
Oil edged lower, weighed by ebbing risks of supply disruption in the Middle East.The Wall Street Journal - World -
Manchester United 4-2 Sheffield United: Red Devils roar back to keep top six hopes on track
Sheffield United took the lead twice at Manchester United but the Red Devils came roaring back.Yahoo Sports - Sports - Premier League -
2024 NFL Draft order: Full list of every first-round pick, plus biggest needs for all 32 clubs
The entire first round of the 2024 NFL Draft is setCBS Sports - Sports - NFL -
Xavi reportedly changes course, opts to stay at Barcelona after meeting with club president Joan Laporta
The former Barcelona player announced in January that he would step down from the role at the end of the seasonCBS Sports - Sports -
The best Callaway golf deals on clubs, rangefinders, golf shoes and more ahead of Memorial Day
We found the best deals on Callaway rangefinders, golf clubs, apparel and more just in time for golf season.CBS Sports - Sports -
Questions swirl over the future of TikTok. Who could own it? How will the platform operate?
Congress passed a bill that could ban TikTok. What could happen next and who might buy the social media platform?Los Angeles Times - Entertainment -
A Spring Luxury Shopping Spree: Everything to Buy Right Now
From cool cowboy boots to grand gardening gear, here’s what you should buy this month.The Wall Street Journal - World -
Mining giant BHP offers to buy rival Anglo American in potential megadeal
Mining giant 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.MarketWatch - Business -
Trump Named as Unindicted Conspirator in Michigan Election Interference Case
An investigator said in court that former President Donald J. Trump and some of his aides conspired with fake electors to overturn his 2020 defeat in Michigan.The New York Times - Top stories - Donald Trump -
Embracer's Name Is Going Away, CEO Denies It's Due To Backlash And Controversy
Video game giant Embracer won't have that name for much longer. As part of the company's recent announcement that it's splitting into three distinct companies, the Swedish giant also confirmed that the name Embracer is going away.. Current ...GameSpot - Tech -
Some prospects may be better off not hearing their names called
Numbers from the last 20 years suggest players still on the board after the NFL Draft's third round might be better off going undrafted entirely.Yahoo Sports - Sports -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
Ancestry website cataloguing names of Japanese Americans incarcerated during World War II
The names of thousands of people held in Japanese American incarceration camps during World War II have been digitized and made available for free on AncestryABC News - Tech -
What’s in a name? Trump’s legal team faces an unusual balancing act: From the Politics Desk
Donald Trump's legal team in his New York criminal hush money trial faces a balancing act as they portray him as a former president and a normal guy.NBC News - Top stories -
Wolves' Naz Reid named NBA Sixth Man of the Year, and he was ironically helped by strong stretch as starter
Reid helped the Timberwolves earn a No. 3 seed in the Western ConferenceCBS Sports - Sports - NBA -
What’s in a name? Trump’s legal team faces an unusual balancing act: From the Politics Desk
Donald Trump's legal team in his New York criminal hush money trial faces a balancing act as they portray him as a former president and a normal guy.NBC News - Politics -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
India's Sensex Down 0.3%, Dragged by Bank Stocks
Indian shares were down, as uncertainty continued over tensions in the Middle East and the Fed’s policy outlook.The Wall Street Journal - World - India -
2024 NFL Draft: Braelon Allen names his top-four RBs of all-time, shares recent advice from Le'Veon Bell
Bell's advice has already paid off for AllenCBS Sports - Sports - NFL -
Stock-market pessimism is climbing. Why it’s still not bad enough to imply stocks hit a bottom.
Stocks could have more room to fall before they touch bottom, says Tom Essaye, founder of Sevens Report Research.MarketWatch - Business -
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 -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business -
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 -
The dire situation on America’s southern border
If Congress will not act, President Joe Biden may have to do soFinancial Times - World -
Meta shares fall as it predicts higher expenditure on AI
Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sectorFinancial Times - Business