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Philips shares surge after $1.1bn settlement over sleep apnoea devices
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UNC creates commotion at ACC Meetings & the latest NCAA settlement update
Dan Wetzel, Ross Dellenger and SI's Pat Forde discuss UNC potentially leaving the ACC, the Pac-2's new broadcast partner, the latest on the NCAA settlement, Doug Gottleib coaching college basketball, and Red Lobster facing financial troubles.Yahoo Sports - Sports -
Dell surges 11% on optimism it has secured big AI server orders
"All-in, we are hearing about more AI server momentum at Dell than at any other OEM," wrote Morgan Stanley's Erik Woodring.CNBC - Business -
Bond-market rally may not be over after inflation report brings ‘massive relief’
The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.MarketWatch - Business -
Astros pitcher Ronel Blanco receives 10-game suspension after foreign-substance ejection in win over A's
Ronel Blanco, who threw a no-hitter earlier this year, said Tuesday that he would appeal the suspension.Yahoo Sports - Sports - MLB -
Nikkei Rises 1.4%, Led by Electronics, Brokerage Stocks
Japanese stocks ended higher, led by gains in electronics and brokerage stocks, as easing U.S. inflation keeps hopes for Fed rate cuts later this year intact.The Wall Street Journal - World -
KFC parent Yum Brands approves $2 billion in share buybacks
KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next two years.MarketWatch - Business -
China property shares jump on report of government plans to buy unsold homes
Yahoo News - World - China -
Don’t sleep on the Cubs: Continuity, youth delivering for Chicago as they begin to find their stride
The Cubs have weathered a barrage of injuries already this season, yet they sit just 1.5 games back in the NL Central.Yahoo Sports - Sports -
GameStop and AMC shares were halted 38 times on Tuesday. This expert has been arguing for decades that halts don’t work.
Charles M.C. Lee, professor emeritus at the Stanford Graduate School of Business, has been questioning the wisdom of trading halts for some time.MarketWatch - Business
More from Financial Times
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UK migration policy risks undermining university sector, business warns
Rio Tinto, Siemens and Anglo American say curbs to overseas student numbers threaten investment, in letter to PMFinancial Times - Business - United Kingdom -
England’s universities face ‘closure’ risk after student numbers dive
Report from Office for Students warns ‘significant changes’ needed to ‘funding model’Financial Times - Business -
Paramount: the takeover battle that could reshape Hollywood
The tussle for the venerable studio has been billed as the money men against the creatives, but the outcome may help decide who survives in the streaming eraFinancial Times - Business -
Data centres have turned Big Tech into big spenders
Companies need AI services revenues, not cost savings, to fuel data centre boomFinancial Times - Business -
When the customer is not always right
Demographics are squeezing Japan’s ability to deliver the same high levels of service as beforeFinancial Times - Business