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Hermes Posts Sales Growth Across All Markets
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Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.BBC News - Top stories - Apple -
Job growth slowed as employers added a seasonally adjusted 175,000 jobs in April, and unemployment ticked up to 3.9%, marking a break from a string of data showing surprising strength in the labor market.
Job growth slowed as employers added a seasonally adjusted 175,000 jobs in April, and unemployment ticked up to 3.9%, marking a break from a string of data showing surprising strength in the labor market.The Wall Street Journal - World -
U.S. Job Growth Slowed in April
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.The New York Times - Business -
Jobs growth in the US economy slows
Also in this newsletter: ‘seismic’ by-election results for Labour, and G7 at odds over Russia’s frozen assetsFinancial Times - World -
More than 2,000 pro-Palestinian protesters arrested across US campuses
Police arrest more than 200 students at UCLA as law enforcement clears camp at Dartmouth, arresting more than 90 students. More than 2,000 people have now been arrested during pro-Palestinian protests across dozens of US college campuses in recent ...The Guardian - World -
May 3, 2024 - US college protests
More than 2,100 people have been arrested on college and university campuses since April 18, as a wave of pro-Palestinian protests ripples across the US.CNN - Top stories -
AI deepfakes are causing chaos in elections across the world. The US isn’t ready.
As the parade of 2024 global elections continues, including the massive vote underway in India, the U.S. will likely get further previews of how much damage deepfakes can cause.The Hill - Politics -
Universities hold graduation ceremonies as students protest across the US
Some colleges have canceled or modified graduation ceremonies as more than 2,000 people have been arrested on campuses since April 18, as pro-Palestinian protests ripples across the US. Follow for live updates.CNN - Top stories -
Yellen argues that undercutting democracy threatens economic growth
Treasury Secretary Janet Yellen will argue in a Friday speech that democracy is under threat and that undercutting it will, in turn, threaten economic growth.MarketWatch - Business -
Reese, Cardoso debuts spark popular livestream
The WNBA debuts of Angel Reese and Kamilla Cardoso were widely watched on a social media livestream from a fan who stepped in when the league's app couldn't broadcast the game.ESPN - Sports
More from The Wall Street Journal
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America's War Machine Runs on Rare-Earth Magnets. China Owns That Market.
China dominates the market, but U.S. defense needs are pushing a revival effort after decades of deindustrialization.The Wall Street Journal - Business - China -
Elon Musk Tries to Make Himself Indispensable at Tesla Ahead of Pay Vote
The CEO is shifting the EV maker’s strategy and suggesting that he could take his ideas on AI elsewhere.The Wall Street Journal - Business - Elon Musk -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - Business -
AI Could Breathe Life Back into Apple's iPhone Sales
Apple — and investors — are looking to artificial intelligence to breathe new life into its offerings, particularly as iPhone sales continue to sputter.The Wall Street Journal - Business - Apple -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - Business