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Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
Lewis Hamilton has mixed first day in front of Ferrari faithful at Imola
Hamilton at Imola for first time since agreeing 2025 Ferrari moveMax Verstappen angry after Hamilton blocked him in practiceLewis Hamilton, for so long the thorn in Ferrari’s side, takes to the track this weekend in Italy as a potential hero in ...The Guardian - World -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
‘I’m the new Oppenheimer!’: my soul-destroying day at Palantir’s first-ever AI warfare conference
America’s military-industrial complex took center stage at AI Expo for National Competitiveness, where a fire-breathing panel set the tone. On 7 and 8 May in Washington DC, the city’s biggest convention hall welcomed America’s military-industrial ...The Guardian - World -
CANNES PHOTOS: See the cinematic glamour of the first days of the 2024 Cannes Film Festival
Hollywood royalty is back at the Cannes Film Festival for its annual celebration of cinema along the French Riviera. Premieres bring an elegant parade of stars nightly and moments that become indelible Cannes images, whether it's Francis Ford ...ABC News - Entertainment -
Team Penske dominates first day of Indy 500 qualifying as Ganassi and Ericsson shut out of pole
Team Penske swept three of the top four spots in Saturday qualifying for the Indianapolis 500 to give the team under so much scrutiny a solid shot at winning the pole for “The Greatest Spectacle in Racing.”ABC News - Sports -
Why Georgia just branded me a ‘foreign agent’
If you want a glimpse of what might be in store for Ukraine if Putin prevails there, look at the protests and civil strife in Georgia.The Hill - Politics -
China Is Not Just Another Trading Partner
‘I support free global trade except with countries that cheat and steal and use slave labor.’The Wall Street Journal - World - China -
Israel continues operation in Rafah amid growing pressure
Israel continued its attacks in Gaza, including in the southern Gaza city of Rafah, despite growing international pressure to limit the scope of the offensive. Imtiaz Tyab has more.CBS News - World - Israel -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
BT’s CEO says she ‘loves to squeeze’ short sellers as shares jump
UK’s biggest telecoms group rises 17% as Allison Kirkby announces strategy and raises dividendFinancial Times - Business -
Did Billie Eilish just jump into the race for song of the summer?
Pop superstar Billie Eilish's new album 'Hit Me Hard and Soft' is due Thursday night. One breezy track already feels like a hit.Los Angeles Times - Entertainment -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Will Chinese auto investment jump Joe Biden’s tariff walls?
China’s EV manufacturers looking to produce in Europe and the US will be next stage of trade war gameFinancial Times - World - Joe Biden -
Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
'Pax Economica' Review: When Free Trade Was Progressive
Early opponents of trade tariffs wanted economic policy to back a radical vision for world peace.The Wall Street Journal - World -
Biden and Trump trade jabs on trail on the campaign trail
President Biden and former President Trump delivered major speeches looking to rally their bases with less than six months to go until election day. NBC’s Hallie Jackson reports for TODAY.NBC News - Politics - Joe Biden -
How Your Brand Can Win Over Gen Z With Marketing
They aren't the tech-obsessed teeny-boppers many of us remember. Gen Z is like nothing marketers have ever seen before.Inc. - Business -
Jürgen Klopp’s Liverpool rescued the league from brand-busting monotony
No manager has combined heart and soul with details and hard maths like the German, no wonder he has run out of energy. “I am, how can I say it, running out of energy.” It is, in its own way, the saddest of managerial farewells. Not to mention the ...The Guardian - World -
Kate Middleton Favors This British Brand. Now It's Coming for Americans.
Smaller European companies are embracing the U.S. as online sales help pinpoint the most promising locations for stores.The Wall Street Journal - World -
Kate Middleton Favors This British Brand. Now It's Coming for Americans.
Smaller European companies are embracing the U.S. as online sales help pinpoint the most promising locations for stores.The Wall Street Journal - Business -
Counterfeit goes cool: high-end brands urged to embrace rise of #dupe
Gen Z are flaunting their knockoffs and imitations – so experts say companies should play along. High-end brands should “lean in” and embrace the #dupe subculture that feeds off recommending duplicates or cheaper alternatives to luxury products, ...The Guardian - World -
Alarmed Democrats flee Biden’s ailing brand in battleground states
Vulnerable Senate Democrats are distancing themselves from President Biden’s ailing brand after polls show him trailing former President Trump in several battleground states. Democrats in tough races are breaking with Biden over border security, ...The Hill - Politics - Joe Biden -
Putin and Xi vow to co-operate against ‘destructive and hostile’ US
Russia and China agree to tighten military ties and deepen economic partnership after talks in BeijingFinancial Times - Business -
Israeli military says more troops to join Rafah operation
The Israeli military said Thursday that five soldiers were killed and seven injured in a friendly fire incident in northern Gaza, amid renewed battles in the area against regrouped Hamas militants.NBC News - Top stories - Israel -
U.S.-built pier is operational, sending humanitarian aid to Gaza
A U.S.-built pier is operational for delivering aid to civilians in Gaza. No American troops went ashore in Gaza as the first trucks carrying humanitarian aid began moving in via the temporary pier.CBS News - Top stories -
At ICJ Hearing, Israel Defends Rafah Operation as ‘Limited and Localized’
Lawyers for Israel argued that the International Court of Justice should not grant a South African request to order an immediate halt to the ground assault in Rafah.The New York Times - World - Israel -
Slovak Prime Minister Is Improving After Second Operation, Official Says
The suspect in the shooting of the prime minister, Robert Fico, appeared before a judge, who ordered that he would remain in custody until he is charged and tried.The New York Times - World -
Top candidates emerge for Detroit Pistons president of basketball operations role
Trajan Langdon, Scott Perry, Dennis Lindsey and John Hammond have impressed in interviews and are front-runners to meet with Pistons owner Tom Gores.Yahoo Sports - Sports -
Ebrahim Raisi: rescuers search for Iran president after helicopter crash – live updates
President was travelling in Iran’s East Azerbaijan province when helicopter came down in bad weather. Here is a video of the Israeli war cabinet minister, Benny Gantz, threatening to resign if Benjamin Netanyahu fails to adopt an agreed plan for ...The Guardian - World - Iran -
The Latest | Israel and Hamas each condemn the ICC's request to seek arrest warrants for leaders
The chief prosecutor of the International Criminal Court has announced that he’s seeking arrest warrants for both Israeli and Hamas leaders in connection with their actions during the seven-month warABC News - World - Israel -
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.The Wall Street Journal - World -
Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – business live
Tesla’s chair discusses upcoming shareholder votes on relocating to Texas and Elon Musk’s $56bn pay deal. Rishi Sunak and Akshata Murty rise up rich list as fortune increases by £120mBritish asylum housing tycoon breaks into Sunday Times rich ...The Guardian - World -
Buenos Aires metro fare jumps 360% amid Argentina’s harsh austerity measures
Libertarian president Javier Milei has slashed public spending as he wrestles to tame hyperinflation, now at 289% annually. Commuters in Buenos Aires have been hit by an overnight 360% increase in subway fares, in one of the most dramatic price ...The Guardian - World -
Former ‘Love Island’ stars charged with promoting trading scheme on Instagram
UK’s Financial Conduct Authority accuses ‘finfluencers’ in social media crackdownFinancial Times - Business -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Putin arrives in China's 'Little Moscow' as allies aim to deepen trade
It comes a day after the Russian and Chinese leaders pledged a "new era" of partnership between their countries.BBC News - Top stories - China -
Chaotic House Oversight meeting as Greene, Crockett trade insults
A House Oversight Committee hearing discussion turned personal after Georgia Rep. Marjorie Taylor Greene commented on Texas Rep. Jasmine Crockett's appearance. CBS News congressional correspondent Scott MacFarlane has more.CBS News - Top stories