The $1 Trillion Company That Started at Denny S
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A defense budget of $1 trillion is looming. Here’s how to stop it
Stopping a trillion-dollar Pentagon budget requires mass movement to overcome the arms industry’s hold over Congress.The Hill - Politics -
The S&P 500, Dow and Nasdaq fell 0.5%, 1% and 0.6%, respectively. The yield on the 10-year Treasury note jumped to 4.706%.
The S&P 500, Dow and Nasdaq fell 0.5%, 1% and 0.6%, respectively. The yield on the 10-year Treasury note jumped to 4.706%.The Wall Street Journal - World -
Williams, Jayden Daniels, Drake Maye fuel QB takeover of Round 1
Here's what we know about how Williams, Daniels and other first-round QBs will fit in.ESPN - Sports -
2024 NFL Draft: Where to watch, start time, channel, TV schedule, coverage, live stream, date, Round 1 order
The 2024 NFL Draft promises to be a wild nightCBS Sports - Sports - NFL -
The Americas’ Fastest Growing Companies
The FT’s fifth annual ranking of the region’s businesses by revenue growth. Plus: outsourcers tap into remote work boom; Shopify targets more growth from bigger clients; Brazil’s alternative to electric vehicles; and Vertex Pharmaceutical’s ...Financial Times - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Ukraine's air defence plea falls short in S Europe
Greece says it cannot spare its defence systems and Spain reportedly says it can only provide missiles.BBC News - Top stories - Ukraine -
S&P 500 Futures Rise as PCE Data Shows Annual Inflation at 2.7%
The latest inflation data lifted futures and positioned stocks for weekly gains.The Wall Street Journal - World -
The National Enquirer’s Parent Company Struggles To Find A Buyer
The parent company of 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 -
The National Enquirer’s Parent Company Struggles To Find A Buyer
The parent company of 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 - Top stories -
Boeing Crash Families Urge U.S. to Prosecute the Company
Financial losses continue to increase as some survivors of two 737 crashes say the company should face criminal fraud charges.Inc. - Business -
Level 5's New Mech RPG Combat Game Could Scratch Your Gundam Itch
Developer Level 5 has just dropped its new mech RPG game, Megaton Musashi W: Wired. It's available for PC, PlayStation 4, PlayStation 5, and Nintendo Switch.. The game was first released in Japan for consoles in November 2021 and has now made its ...GameSpot - Tech -
Red Bull stunned by shock news F1’s top designer Adrian Newey is to leave
Newey believed to be unhappy with events this seasonNews deals blow to Red Bull hopes of keeping VerstappenRed Bull’s chief technical officer, Adrian Newey, is expected to leave the team, it has been reported. Newey is the most successful designer ...The Guardian - World -
Troubling S&P 500 chart suggests that stock investors have a rough road ahead
Oversold rally earlier this week doesn’t erase the U.S. market’s negative picture.MarketWatch - Business -
Fallout 4's Free PS5 Update Is Bugged, Will Be Coming To PS Plus Extra Members Says Bethesda
Fallout 4's long-awaited free next-gen update is here, but those attempting to download the update for PlayStation 5 have run into an issue that Bethesda says it's currently working on fixing.Many PlayStation users were quick to complain that they ...GameSpot - Tech -
NFL Draft fashion: Caleb Williams, Malik Nabers dressed to impress, but Marvin Harrison Jr.'s medallion stole the show
Every player was dressed to impress at the 2024 NFL Draft.Yahoo Sports - Sports - NFL -
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 -
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 -
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 -
Boeing crash victims' families urge DOJ to criminally prosecute company
Families of victims in the 2019 Ethiopia crash met with prosecutors in Washington D.C. Wednesday.ABC News - Top stories -
Intel shares fall after company provides weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.CNBC - Business -
Journalists critical of their own companies cause headaches for news organizations
Journalists see themselves as truth-tellers, and sometimes as contrariansABC News - Entertainment -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - Business - China -
Why South Africa is Anglo American’s ‘poison pill’
BHP, whose £31bn bid for Anglo has been rejected, faces fraught politics and complicated history in the countryFinancial Times - Business -
Alphabet set to surge past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Barclays accused of greenwashing over financing for Italian oil company
Exclusive: Environmental groups say bank is misleading public over ‘sustainable’ financing for Eni as company vastly expands fossil fuel production. Barclays is being accused by environmental groups of greenwashing after helping to arrange €4bn ...The Guardian - World -
Giants' Snell scratched from start, placed on IL
The Giants scratched Blake Snell from his scheduled start Wednesday and placed the two-time Cy Young Award winner on the 15-day IL with a left adductor strain.ESPN - Sports - MLB -
Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial Times - Business -
Harvey Weinstein’s Conviction Was Fragile From the Start
New York’s highest court overturned a conviction on Thursday that tested how #MeToo cases could be tried.The New York Times - Top stories -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business