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Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
The flight attendant who became CEO hopes more women will make it to the top
Yahoo News - World -
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 -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.CNBC - Business - Donald Trump -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock.NBC News - Top stories - Donald Trump -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
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From a senior in college to a "senior" employee, welcome to the era of title inflationThe Wall Street Journal - World -
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 -
China Orders Apple to Remove Popular Messaging Apps
WhatsApp, Signal and Telegram among apps cut from iPhone app store to comply with censorship demand.The Wall Street Journal - Tech - China -
The biggest storylines entering two massive NBA Game 2s
Both No. 1 seeds took 1-0 series leads over the weekend. Here's what to know going into Wednesday's playoff games.ESPN - Sports - NBA -
Apple Just Announced Free Small-Business Training Sessions
Entrepreneurs can visit Apple Stores to learn things like how to optimize online business listings and how to accept payments from iPhones.Inc. - Business - Apple -
The best Apple iPhone 15 alternatives are souped-up smartphones that can handle anything
If you aren't interested in picking up the newest iPhone model, these phones are all great in their own right.CBS News - Top stories - Apple -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
2024 NFL Draft order: Full list of every first-round pick, plus biggest needs for all 32 clubs
The entire first round of the 2024 NFL Draft is setCBS Sports - Sports - NFL -
The Meta-morphosis of Mark Zuckerberg
The robotic nerd depicted in “The Social Network” has turned into the kinder, more accessible face of Silicon Valley. What’s going on?The New York Times - Tech -
The independent publisher making a business of celebrity book imprints
Independent publisher Zando's highest-visibility imprints are its collabs with celebrities, which are part of its mission to change the institutional racism that has plagued American publishing from its start.Los Angeles Times - Entertainment -
Bateman gets extension, makes Ravens history
The Ravens have agreed to a three-year contract extension with wide receiver Rashod Bateman that runs through the 2026 season.ESPN - Sports -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
Are dating apps making it easier for romance scammers?
All this week, CBS News has been investigating online romance scams. In this final installment, Jim Axelrod looks at what law enforcement and lawmakers can do -- but also why it's important for the online dating industry to police itself.CBS News - Top stories -
Lakers are searching for the right adjustments and when to make them
The Lakers are looking for reasons why their offensive efficiency declined in the second half of Games 1 and 2 in the playoff series against the Nuggets.Yahoo Sports - Sports -
Keefe: Marchand making 'art' of dodging penalties
Leafs coach Sheldon Keefe called it "unbelievable" what Bruins forward Brad Marchand was able to do in Boston's 4-2 win over Toronto in Game 3 of their first-round Stanley Cup playoff series on Wednesday.ESPN - Sports -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
India's Sensex Down 0.3%, Dragged by Bank Stocks
Indian shares were down, as uncertainty continued over tensions in the Middle East and the Fed’s policy outlook.The Wall Street Journal - World - India -
Does a fixed-rate HELOC make sense in today's elevated rate environment?
There are benefits to considering a fixed-rate HELOC in today's economic climate, but there are downsides, too.CBS News - Top stories -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Business - Israel -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Top stories - Israel -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
How one state is trying to make weight loss drugs cheaper
Weight loss drugs aren't covered by insurance for North Carolina's state employees. The state is negotiating with drugmakers Eli Lilly and Novo Nordisk to try to lower the costs.NBC News - Top stories -
NASCAR Crash Course: Michael Jordan makes magic for Tyler Reddick at Talladega
Reddick picked up his first Cup Series win the 23XI owner atop the pit boxCBS Sports - Sports - NASCAR -
BHP Makes Offer for Anglo American in Potential Mega-Mining Deal
The mining giant has offered to buy its longtime rival with a market cap of about $35 billion, in a deal that could reshape the global mining industry.The Wall Street Journal - World -
‘Be kind’: Ben White’s agent makes appeal to Arsenal defender’s critics
Player asked not to be considered for England selection in MarchAgent refers to ‘adverse period off the pitch’ for 26-year-oldBen White’s agent has called on the Arsenal defender’s critics to “be kind” after he asked to be left out of England’s ...The Guardian - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Stock-market pessimism is climbing. Why it’s still not bad enough to imply stocks hit a bottom.
Stocks could have more room to fall before they touch bottom, says Tom Essaye, founder of Sevens Report Research.MarketWatch - Business -
Nigerian Fashion Moves Beyond the Catwalk
Known for its annual fashion week, the region’s influence on style has been expanding, with the help of these designers.The New York Times - Lifestyle -
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta shares fall as it predicts higher expenditure on AI
Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sectorFinancial Times - Business