Masimo May Look at Joint Venture for Consumer Split Ceo Says
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Spotify's CEO Says Laying Off Many Employees All at Once May Have Been a Mistake
Daniel Ek admitsa classic error of makingwidespread jobcuts to reducecosts, leavingdailyroutines in disarray.Inc. - Business -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Consumer sentiment weakens in late April, University of Michigan survey says
Consumer sentiment deteriorated near the end of April, according to the latest reading from the University of Michigan.MarketWatch - Business -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Open seating no more? Southwest CEO says airline is weighing cabin changes
Southwest stands apart from other large airlines because it does not have seat assignments.CNBC - Business -
Open seating no more? Southwest CEO says airline is weighing cabin changes
Southwest Airlines is considering changes to its single-class, open-seating cabins to drive up revenue, CEO Bob Jordan told CNBC on Thursday, a shift that could be among the largest in the airline’s history.NBC News - Top stories -
Tractor Supply CEO says there's still 'significant migration' out of urban areas
Tractor Supply CEO Hal Lawton told CNBC's Jim Cramer on Thursday that a substantial number of Americans are leaving cities, and many are headed to rural areas.CNBC - Business -
Moderna's CEO Says Staff Should Consult ChatGPT 20 Times a Day
OpenAI has partnered with the drug maker to embed AI throughout the business. And Stphane Bancel says his staff should be using the system way more than you mightguess.Inc. - Business -
Planemaker Embraer CEO says supply chain has been improving
Yahoo News - World -
This isn’t ‘some brink’ for the U.S. consumer despite concerning economic data, says TCW
A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW.MarketWatch - Business -
TikTok CEO says fight over ban will head to court: 'We aren't going anywhere'
TikTok CEO Shou Chew posted a video criticizing the potential ban after President Joe Biden signed it into law.NBC News - Top stories - Tiktok -
Former Reddit CEO Ellen Pao says the tech sector’s DEI push is alive and well
Despite some signs of wavering commitment to corporate diversity, equity and inclusion initiatives, former Reddit CEO Ellen Pao is bullish on DEI in the tech space.MarketWatch - Business -
JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation.NBC News - Top stories -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
UnitedHealth says wide swath of patient files may have been taken in Change cyberattack
UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack on its Change Healthcare businessABC News - Health -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
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 -
Trump held his tongue on Ukraine aid. McConnell says it may have made the difference.
The Senate Republican leader told ABC News he'll keep fighting GOP isolationism.ABC News - Top stories - Donald Trump -
US on track to deliver aid to Gaza from sea by early May, officials say
The U.S. is on track to start delivering critical humanitarian aid into Gaza through a maritime corridor by early May and more details of the plan have been worked out, officials said. A senior military official said in a press call that ...The Hill - Politics -
BlackRock-Temasek Venture Amasses $1.4 Billion for Clean-Energy Wagers
The firms’ Decarbonization Partners raised its first fund to support emissions-reducing technologies.The Wall Street Journal - World -
Yoneda Labs raises $4M from Khosla Ventures to build the ‘OpenAI for chemistry’
Yoneda Labs raised $4 million from Khosla Ventures to build a foundation model for chemists to help streamline the drugmaking process.VentureBeat - Tech -
U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
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 -
Wanted: A CEO to Fix Boeing
The plane maker, which is searching for a new chief executive, is likely to consider a small number of people, including several former Boeing executives.The New York Times - Top stories -
Willie Mays Fast Facts
Read Fast Facts from CNN about Hall of Famer Willie Mays.CNN - Top stories -
Ukraine looks to stop the bleeding
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Ukraine looks to stop the bleeding as US readies more aid Ukraine faces a daunting battle this year to achieve ...The Hill - Politics - Ukraine -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Dropzone AI gets $16.85M for autonomous cybersecurity AI agents that reduce manual work by 90 percent
Dropzone AI announced a $16.85 million Series A round led by Theory Ventures to help bring its cybersecurity AI agents to market.VentureBeat - Tech - Artificial Intelligence -
12:30 Report — Trump’s NYC, DC courtroom split-screen
{beacon} View Online 12:30 REPORT Happy Thursday! I’ve been off for only a few days and I feel like I could write an entire “We Didn’t Start the Fire” song with all of the news I missed. But anyway, here’s what’s happening *today*: The Supreme ...The Hill - Politics -
Activist Ancora endorsed by second Norfolk Southern union, splitting labor support
The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.CNBC - Business -
Americans largely split on support for Ukraine aid as Congress passes deal: Survey
Americans are split about whether the United States should continue to send more aid to Ukraine for its war with Russia, despite Congress recently passing a bill to do so, a new survey found. The survey, conducted by YouGov, found that 28 percent ...The Hill - Politics - Ukraine -
Italian towns split over moves to end honorary citizenship of Mussolini
Ustica stripped local recognition for fascist dictator in law snaring all those deceased, but debate continues elsewhere. A simple vote last Friday was enough to strip Walt Disney of his honorary citizenship of Ustica, as the tiny Sicilian island ...The Guardian - World -
15 Looks That Did the Most at Coachella
The music festival had plenty of memorable fashion. Most (but not all) of it was ostentatious.The New York Times - Lifestyle -
‘Challengers,’ Zendaya’s Looks Deliver Normcore
Zendaya breaks hearts in a stylish tennis love triangle.The New York Times - Lifestyle -
Cleverly likens Tory plots against Sunak to leaving plane without parachute
UK home secretary says an attempted putsch against PM after a local election drubbing would be a ‘catastrophic idea’Financial Times - Business