Justice Department Offers New Incentives for Companies to Self Report Wrongdoing
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The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.The Wall Street Journal - World -
Foreign Aid Package Comes With New Sanctions Risks for Companies
Prosecutors will now have up to 10 years to investigate sanctions violations, and banks will be required to flag suspicious transactions that could be tied to fentanyl trafficking.The Wall Street Journal - World -
These cities have the dirtiest air, new report finds
It's not as simple as looking up in the sky and seeing "clean air," so how can you really know?The Hill - Politics -
Morning Report — New legal problems for Trumpworld in Arizona
Today, former President Trump will present the Supreme Court with a novel legal argument as justices consider his claim to absolute immunity from prosecution. At the same time, Arizona’s top prosecutor is countering Trump’s argument that his ...The Hill - Politics - Donald Trump -
Hamas hostage video offered 'painful' proof of life, parents of injured Israeli American tell NBC News
Hersh Goldberg Polin's parents, Rachel Goldberg-Polin and Jonathan Polin, react to the Hamas hostage video of their injured son in an interview with NBC News.NBC News - Top stories - Israel -
Meta Platforms reported record first-quarter revenue as the company's advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.
Meta Platforms reported record first-quarter revenue as the company’s advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.The Wall Street Journal - World -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - World -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - Business -
Amplifier emerges from stealth to orchestrate AI-driven ‘self-healing’ security for enterprises
Amplifier's approach can easily enable companies to maximize the value of their existing security stack and amplify their security posture and culture to levels not achievable in the past.VentureBeat - Tech -
As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds
To cover the rising cost of college, most families take out student loans. Incoming freshmen may have $37,000 in debt by graduation, a new report finds.CNBC - Business -
Justices Seemed Split on Emergency Abortion Access
Also, U.S. weapons are headed to Ukraine. Here’s the latest at the end of Wednesday.The New York Times - Top stories - Abortion -
US aid package offers fresh hope to Ukraine
Much-needed supplies are key to fending off Russian attacksFinancial Times - World - Ukraine -
Anglo American shares rally after BHP takeover approach — could lead to biggest deal of the year
BHP said it’s looking to offer 0.7097 of its shares for each Anglo American share. It now has a month to make a formal offer.MarketWatch - Business -
The National Enquirer’s Parent Company Struggles To Find A Buyer
The parent company for The Enquirer, the tabloid now famous for its ties to former President Donald J. Trump, has tried repeatedly to sell the publication. It hasn’t been easy.The New York Times - Business -
Fifa announces deal with Saudi oil company Aramco
Fifa has announced a partnership with Saudi Arabia's state-owned oil company, Aramco.BBC News - Top stories -
Iran's Raisi says Israel must be brought to justice for 'usurpation' of Palestinian territories
Yahoo News - World - Israel -
Family members of Boeing 737 Max crash victims meet with Justice Dept.
The family members of victims of two fatal Boeing 737 Max crashes met with Justice Department officials Wednesday. CBS News senior transportation correspondent Kris Van Cleave explains what the families are hoping to achieve.CBS News - Top stories -
Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'
Oracle Corp. Chairman Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industryABC News - Tech -
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 -
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 -
Stocks Fall After GDP, Inflation Data
Stocks fell sharply after data showed the U.S. economy slowed in the first quarter. Nasdaq posted the biggest losses as Meta dragged down the wider tech sector.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 -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
Tesla’s Earnings Highlight the Company’s Biggest Problem. It’s a Cautionary Tale for Every Leader
Be careful making promises you might not be able to keep.Inc. - Business -
Altria’s earnings top estimates and tobacco company reaffirms full-year guidance
Altria Group Inc. matched profit estimates for the first quarter, while revenue net of excise taxes squeezed a small beat and the company backed its full-year guidance, reiterating its stance that there will be limited impact from enforcement ...MarketWatch - Business -
The Morning Risk Report
Business groups race to block FTC’s ban on noncompete agreements, and crypto mixer Samourai Wallet’s co-founders arrested for money laundering. Also, Ecuador’s former comptroller general convicted in case tied to Odebrecht.The Wall Street Journal - World -
Report: Trey Hendrickson requests trade
The Bengals got a trade request from wide receiver Tee Higgins after they used their franchise tag on him this offseason and now another member of the team reportedly wants to be moved as well.Yahoo Sports - Sports -
Taylor Swift hits 1bn Spotify streams in a week with Tortured Poets Department
Swift’s new album breaks another streaming record after already becoming the platform’s most-streamed album in a day. Taylor Swift’s new album The Tortured Poets Department has become the first to reach 1bn Spotify streams in a week.. The platform ...The Guardian - World -
Harvard’s Taylor Swift Scholars Have Thoughts on ‘The Tortured Poets Department’
The students taking Harvard University’s class on the singer are studying up. Their final papers are due at the end of the month.The New York Times - Lifestyle -
Taylor Swift Lyrics: Who’s Mentioned on ‘Tortured Poets Department?
Ex-boyfriends may be alluded to. Travis Kelce, too, fans believe. And some actual poets.The New York Times - Lifestyle -
Energy Department Gets Power Over Big Grid Projects
In a bid to fast track grid-infrastructure construction, the department is set to become the lead federal agency coordinating environmental approval of major transmission projects.The Wall Street Journal - World -
Female Supreme Court justices push back most strongly on Idaho abortion ban
A divided Supreme Court seemed skeptical that Idaho’s strict abortion ban conflicts with a federal emergency care law, but there appeared to be a split by gender as well as ideology during the nearly two hours of argument. The four female ...The Hill - Politics - Abortion -
10 years after Flint's lead water crisis began, a lack of urgency stalls 'proper justice'
FLINT, Mich. — Ten years ago, smiling politicians posed for cameras while pushing a button, swapping the main tap water source for this majority-Black, impoverished city to the Flint River — the untreated water that started flowing from residents’ ...NBC News - Top stories -
10 years after Flint's lead water crisis began, a lack of urgency stalls 'proper justice'
FLINT, Mich. — Ten years ago, smiling politicians posed for cameras while pushing a button, swapping the main tap water source for this majority-Black, impoverished city to the Flint River — the untreated water that started flowing from residents’ ...NBC News - Politics -
Trump immunity case takeaways: Worry over lawlessness or hobbling POTUS dominates
The Supreme Court heard a historic case on whether Trump has immunity or can be criminally prosecuted over his efforts to overturn his 2020 election lossABC News - Top stories - Donald Trump -
Justice Jackson suggests Trump claims risk turning Oval Office into 'seat of criminality'
Supreme Court Justice Ketanji Brown Jackson seemed to reject arguments from former President Trump’s attorneys Thursday that the justices must distinguish between personal and official acts to determine whether a president could be prosecuted, ...The Hill - Politics - Donald Trump -
Dolphin dead after being repeatedly shot in Louisiana, $20,000 reward offered for info
A $20,000 reward is being offered for information leading to whoever was responsible for fatally shooting a bottlenose dolphin found riddled with bullets on a Louisiana beach last month.NBC News - Top stories -
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 -
The EU will probe whether China is unfairly denying companies access to its medical devices market
The European Union says it will investigate whether China is using unfair methods to deprive companies in Europe of access to its market for medical devicesABC News - Health - China -
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.CNBC - Business