Hanesbrands Shares Plunge after Dividend Cut Gloomy Earnings and Forecast
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Procter & Gamble sales disappoint as price hikes slow down
The Tide owner's quarterly volume was flat for the second consecutive quarter.CNBC - Business -
Nvidia dragged to worst day since March 2020 after Super Micro plunge
Super Micro Computer shares plunged on Friday as investors peeled back their holdings of one of the stock market's hottest names.CNBC - Business -
Cramer says two recent earnings reports may indicate a slowdown is brewing — but not enough for a Fed cut
CNBC's Jim Cramer said disappointing quarters from trucker J.B. Hunt and real estate investment trust Prologis could mean an economic slowdown is brewing.CNBC - Business -
Billy Joel special to air again after abrupt cut-off on CBS
A Billy Joel special on CBS and Paramount+ will air again after it was cut off in the middle of the singer's performance of "Piano Man."CBS News - Entertainment -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Driver dead after vehicle plunges over 200-foot cliff along Highway 1 near Devil's Slide
A driver died after his vehicle plunged over a cliff along Highway 1 on the San Francisco Peninsula coast between Pacifica and Half Moon Bay Thursday.CBS News - Top stories -
Paramount shares rise after Sony, Apollo reportedly seek to join deal talks
Shares of Paramount Global were trading higher following a report that Sony’s movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.MarketWatch - Business -
Josh Allen shares what he texted Stefon Diggs after Bills traded the star wide receiver to Texans
Allen opened up about his former teammateCBS Sports - Sports - NFL -
Netflix's Subscriber Numbers Soar After its Password Sharing Crackdown. But What Next?
The password crackdown may have annoyed many subscribers last year, but it's helping to usher Netflix into its comfortable middle-age years as a market juggernaut.Inc. - Business - Netflix -
Scottish Greens to vote on SNP power-sharing deal after climate target ditched
The Scottish Greens have called an EGM after the Scottish government ditched key climate change targets.BBC News - Top stories - Climate -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
UK watchdog sends fresh warning to water utilities over dividends
Ofwat criticises failure to improve infrastructure in letter seen by Financial TimesFinancial Times - Business - United Kingdom -
Purple pain: Our first-round forecast isn't what LeBron & AD want to hear
L.A. has a tough matchup against the defending champs, and our crew's pick might be rough for Lakers fans. Here's how we see each first-round series unfolding.Yahoo Sports - Sports -
Heat earn playoff rematch with C's 'the hard way'
Tyler Herro was an assist shy of a triple-double and the Heat earned the last spot in the Eastern Conference playoffs, running away from the Bulls 112-91 in a play-in tournament elimination game.ESPN - Sports -
Tesla earnings day is around the corner. So far, robotaxis are ‘just a buzzword.’
Tesla is heading toward its earnings day next week, and there’s plenty for investors to worry about.MarketWatch - Business -
Dick Van Dyke earns historic Daytime Emmy nomination at age 98
Dick Van Dyke is vying for a historic Daytime Emmy at age 98ABC News - Top stories -
A troubling trend is brewing this earnings season. Here is Jim Cramer's remedy
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Cramer’s week ahead: Earnings from Tesla, Merck and Big Tech
CNBC's Jim Cramer said next week's PCE index report will be the real gauge of inflation.CNBC - Business -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Who Doesn’t Want to Be a Traitor?
Reality stars and other people with some degree of fame are making no secret of their hopes to join the next cast of the hit show “The Traitors.”The New York Times - Lifestyle -
Family 'appalled' officer shared dead body pictures
Photos of Paul Wells, who was stabbed to death by his neighbour, were shared by former PC Lewis Wood.BBC News - Top stories -
Shares of Walmart-Backed Ibotta Soar on Public Debut
The digital marketing and pricing promotions company ended its first day of trading with a market value of over $3 billion, joining a growing list of tech IPOs.Inc. - Business -
Tesla reports earnings next week — can you as an investor expect anything good?
Also: Netflix’s good numbers and a reporting change, buying a home off-market, and retirement investing strategies.MarketWatch - Business - Tesla -
Jameson Taillon comes off the injured list and pitches Cubs to 8-3 win, dropping Marlins to 4-16
Jameson Taillon allowed one run over five innings in his first start this season after recovering from a strained back, and the Chicago Cubs beat the Miami Marlins 8-3ABC News - Sports -
P&G's initial decline had nothing to do with earnings. The market later agreed
Management's call with investors had us feeling very good about Procter & Gamble's future, no matter the economic backdrop.CNBC - Business -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
British retail sales stagnate as shoppers cut back on groceries
Economists had expected 0.3% expansion in MarchFinancial Times - World -
Artist evicted by London landlord cuts rent by commuting from Argentina
Andy Leek, creator of Notes to Strangers, made the move after finding himself unable to afford rising rents in UK capital. An artist who was made homeless after being evicted by his private landlord in London has started effectively commuting from ...The Guardian - World -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Antisemitic false quote cut from Liz Truss memoir
The ex-PM's publishers apologise and agree to remove a fake quote tied to an antisemitic conspiracy theory.BBC News - Top stories - United Kingdom -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Jeremy Hunt targets further 2p cut in national insurance
Tories aim for pre-election announcement despite warnings from IMF about UK’s fragile financesFinancial Times - Business - United Kingdom -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
Medicare ignored expert advice to cut tests for transplant patients: Report
Contractors for the Centers for Medicare and Medicaid Services (CMS) cut access to tests for transplant patients that could show early signs of organ rejection despite expert physicians advising the opposite, a new report has found. The Health ...The Hill - Politics -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
App to cut EU border queues won't be ready in time
An EU-developed app to ease predicted queues under a new border system will not be ready in time, says Eurostar boss.BBC News - Top stories - European Union -
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.The Wall Street Journal - World