Lidar Maker Ouster Dips As Quarterly Losses Widen But Ceo Sees Savings in Velodyne Merger
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Startup CEO Salaries Dip in 2024
A new report shows that CEO salaries have decreased this year--mostly due to Series B struggles--and that a gender pay gap persists.Inc. - Business -
Alcoa’s first-quarter loss widens on lower prices, higher costs
Alcoa posted a wider loss in the first quarter after lower aluminum prices and higher production costs dented results.MarketWatch - Business -
EasyJet Sees Narrower Loss as Travel Demand Builds
EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build.The Wall Street Journal - World -
EasyJet Sees Narrower Loss as Travel Demand Builds
EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build.The Wall Street Journal - Business -
Planet Fitness shares fall as company announces new CEO
Planet Fitness has appointed a new CEO effective June 10 after a monthslong search for new leadership.CNBC - Business -
How many 100-loss teams will MLB see in 2024? Nationals, A's, Rockies, White Sox, Marlins threaten record
The last four full seasons have each seen four teams lose at least 100 gamesCBS Sports - Sports - MLB -
Australia to Toughen Merger Rules
Australia plans to toughen its corporate merger rules amid regulators’ and public concerns that market concentration is restricting competition in key industries and adding to inflation.The Wall Street Journal - World - Australia -
Australia to Toughen Merger Rules
Australia plans to toughen its corporate merger rules amid regulators’ and public concerns that market concentration is restricting competition in key industries and adding to inflation.The Wall Street Journal - Business - Australia -
Wall Street Powers Goldman to Higher Quarterly Earnings
Revenue from investment banking and trading, the bank’s traditional powerhouses, surged.The Wall Street Journal - World -
We're dipping our toes into this down market with a buy of an industrial stock
We anticipate management will be aggressive this year reshaping its portfolio, and we are buyers ahead of these key moves.CNBC - Business -
An Italian Maker Crafts Umbrellas With Personality
A handmade, bespoke umbrella is “a bit like a business card” for its owner, according to Carlo Suino.The New York Times - Lifestyle -
Diverging Fed-ECB Policy Outlook Widens U.S.-German Yield Differential
Diverging prospects for interest rates in the U.S. and eurozone have widened the gap between Treasury yields and Bunds, a trend analysts expect to continue as data point to a strong U.S. economy against a tepid eurozone recovery.The Wall Street Journal - World -
Oil prices dip after Iran attack on Israel
Prices had already risen in expectation of action, with Brent crude near a six-month high last week.BBC News - Top stories - Iran -
U.S. Stocks Erase Early Gains
U.S. stocks extended recent declines as March retail sales increased more than expected, causing traders scale back bets on Fed rate cuts.The Wall Street Journal - World -
Internet Traffic Dipped as Viewers Took in the Eclipse
Internet traffic dropped by 40 percent or more during the eclipse in states in the path of totality, including Maine, New Hampshire and Ohio, Cloudflare found.The New York Times - Science -
Biden's approval rating dips among young voters
New CBS News polling shows President Biden's approval rating has dipped among younger Americans. CBS News campaign reporter Taurean Small has more.CBS News - Top stories - Joe Biden -
Boeing's quarterly airplane deliveries drop to 83 amid safety crisis
Boeing's major airline customers have complained that delivery delays have forced them to rethink their growth plans.CNBC - Business -
Boeing’s quarterly plane deliveries fall to lowest levels in nearly three years
Boeing’s numbers marked a steep decline from the 157 units it delivered in the fourth quarter and the 130 units it delivered in the first quarter of 2023.MarketWatch - Business -
Delta forecasts quarterly earnings ahead of expectations, focuses on efficiency as growth steadies
CEO Ed Bastian said hiring has slowed after the company added staff aggressively following the pandemic.CNBC - Business -
Freetrade, Britain's answer to Robinhood, posted its first quarterly profit
British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.CNBC - Business -
Johnson & Johnson tops quarterly profit estimates as medical device sales jump
The company is benefiting from a rebound in demand for nonurgent surgeries among older adults, who deferred those procedures during the Covid pandemic.CNBC - Business -
Saving Climate From the Greens
A pro-fracking, pro-nuclear CEO takes on ‘ridiculously naive’ energy policy.The Wall Street Journal - World - Climate -
How to save enough for retirement
Americans estimate they’ll need $1.46 million saved to retire comfortably, according to a new study. That’s a 53% increase from what people thought they needed just four years ago. Business analyst Jill Schlesinger talks about how you can save ...CBS News - Top stories -
F.T.C. Said to Consider Blocking Major Fashion Merger
Regulators are expected to meet next week to discuss the $8.5 billion deal between Coach’s owner, Tapestry, and Michael Kors’s parent company, Capri Holdings, which would create a U.S. luxury conglomerate.The New York Times - Business -
Indonesian Jelly Gum Maker Mulls Sale
Southeast Asia’s largest gummy maker is weighing options for its business, including a sale that could value Indonesia-based Yupi Indo Jelly Gum at about half a billion dollars.The Wall Street Journal - World -
Indonesian Jelly Gum Maker Mulls Sale
Southeast Asia’s largest gummy maker is weighing options for its business, including a sale that could value Indonesia-based Yupi Indo Jelly Gum at about half a billion dollars.The Wall Street Journal - Business -
Participant, Maker of Films With Social Conscience, Calls It Quits
The company had critical and commercial hits over two decades but never made money consistently and faced a challenging entertainment landscape.The New York Times - Business -
ASML's Weak Orders Show Chip Makers' Caution
Chip makers aren’t rushing to prepare for the next wave of growth, based on a first-quarter update from lithography giant ASML. Its shares fell in Europe.The Wall Street Journal - World -
Fortune Names Anastasia Nyrkovskaya as CEO
Anastasia Nyrkovskaya, who was the chief financial officer and chief strategy officer, is the first woman to run the company.The New York Times - Business -
The secret to defeating Biden’s ‘SAVE’ program
With challenges to the SAVE program underway and the Biden team scrambling to enroll as many people as possible before the courts can weigh in, expect questions about the department’s authority to loom large in coming months.The Hill - Politics - Joe Biden -
The ECHR needs saving from itself
Rulings on climate and migration offer Europe’s populists a rallying cry against the court’s legitimacyFinancial Times - Business -
Comex Gold Settles 1.08% Higher at $2354.80
Front month Comex gold for April delivery gained 1.1% to settle at $2354.80 per troy ounce to a new record high.The Wall Street Journal - World -
Consumer Sentiment Dips More Than Expected as Stubborn Inflation Takes a Toll
The University of Michigan consumer sentiment index fell in April, as moods dim about both the current state of the economy and where it could be headed.Inc. - Business -
AMD and Intel dip on report China told telecoms to remove foreign chips
Shares of U.S. chipmakers fell after The Wall Street Journal reported China is ordering the country's top telecom carriers to stop using foreign processors.CNBC - Business - China -
Twitch viewership dips in March; Gaules takes top spot | StreamElements
StreamElements' latest report suggests Twitch viewership is having its usual March drop-off, but a niche indie title is blowing up.VentureBeat - Tech -
Investors should buy the dip after Iran attack, but be ready with these hedges, says Citi
Oil prices probably won’t spike, but buy the yen if they do.MarketWatch - Business - Iran -
How soon will machines outsmart humans? The biggest brains in AI disagree
Elon Musk’s prediction that artificial intelligence will surpass human experts by 2025 sets him apart from rivals at OpenAI, Google and MetaFinancial Times - Business -
The Bernanke review is only a starting point
Bank of England must now be bold in implementing its recommendationsFinancial Times - Business -
Australia tightens ‘hit and miss’ merger rules amid fears of reduced competition
Treasurer Jim Chalmers warns economy is not ‘competitive enough as it stands’Financial Times - World - Australia -
Three Paramount Directors to Step Down as Company Discusses Skydance Merger
The directors’ expected departures come at a sensitive time for Paramount Global.The Wall Street Journal - World