This Is Not Another Banking Crisis Analysts Say It S Sentiment Contagion Instead
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Molson Coors’ gains from the Bud Light boycott have run their course, analysts say
When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday.MarketWatch - Business -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
Ukraine is getting a new type of laser-guided bomb that can pummel 'soft' Russian targets, analyst says
Yahoo News - World - Ukraine -
Roku warns of tougher bar for growth ahead. An analyst says that is its ‘fundamental risk.’
TV-streaming service Roku Inc. on Thursday forecast second-quarter sales that were above expectations, but warned of a higher bar for growth up ahead and moderating profit in the second half of the year.MarketWatch - Business -
2024 NFL Draft: Marvin Harrison Jr. skipped combine, Pro Day because he 'trained to play football instead'
The Ohio State star leaned on advice from his father, Colts legend Marvin HarrisonCBS Sports - Sports - NFL -
Mosquito-borne diseases spreading in Europe due to climate crisis, says expert
Illnesses such as dengue and malaria to reach unaffected parts of northern Europe, America, Asia and Australia, conference to hear. Mosquito-borne diseases are spreading across the globe, and particularly in Europe, due to climate breakdown, an ...The Guardian - World - Climate -
San Diego official says city is ‘new epicenter’ of border crisis
A San Diego official on Thursday dubbed his city the “new epicenter” for the border crisis and criticized California for “inflicting this upon ourselves.” “San Diego is the new epicenter for migrants and illegal immigration,” San Diego District 5 ...The Hill - Politics -
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 -
Is another inflation scare coming? GDP seems to say yes.
A surprisingly high inflation reading in the first quarter has raised anxiety about whether a key price index in March could be worse than expected and could lower the odds of U.S. interest-rate cuts.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 -
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 -
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 -
Middle East crisis live: US and other countries link ‘immediate ceasefire’ to hostages’ release
White House releases joint letter signed with 17 other countries saying such a deal would lead to the ‘credible end of hostilities’. Here are some of the scenes in Jerusalem, where people, including Israeli interior security minister Itamar ...The Guardian - World -
Trump Media Analyst Coverage: No Word From the Street
Brokerages that cover other social media platforms aren't reporting on Truth Social's parent company, one of the most traded stocks on Wall Street.Inc. - Business - Donald Trump -
Inside the Crisis at NPR
Listeners are tuning out. Sponsorship revenue has dipped. A diversity push has generated internal turmoil. Can America’s public radio network turn things around?The New York Times - Business -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
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 -
Jeff Bezos isn't a fan of 'time blocking'—here's what he does instead to boost his productivity
Jeff Bezos doesn't time block or stick to a strict schedule to be successful and productive. Instead, he allots however much time he needs for mind wandering.CNBC - Business -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Crisis at Pearl Harbor I Sunday on 60 Minutes
Jet fuel from a Navy facility leaked into the water system, contaminating the drinking water for thousands of military families. Families say they are dealing with ongoing health issues and are suing the government. Sunday.CBS News - Top stories -
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 -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
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 -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Another Bengals star reportedly has requested a trade
Another star Cincinnati Bengals player reportedly wants out.Yahoo Sports - Sports - NFL -
Middle East Crisis: U.S. and 17 Other Nations Call on Hamas to Release Hostages
“The fate of the hostages and the civilian population in Gaza, who are protected under international law, is of international concern,” the leaders said in a joint statement.The New York Times - World -
Nike’s Layoffs Prove the Olympics Can’t Solve Its Midlife Crisis
Nike’s reputation—and sales—are both in trouble. Now layoffs threaten to sour hopes that the Paris games could turn its fortunes around.Wired - Tech -
Haitian premier Ariel Henry steps down amid gang crisis
Transitional council to run poverty-stricken country in deal backed by US and Caribbean nationsFinancial Times - Business - Premier League -
McKinsey Faces Criminal Probe for its Role in Opioid Crisis
The Justice Department is investigating the consulting firm over its role in advising drug makers how to market prescription painkillers and contributed toa national addiction disaster.Inc. - Business -
Flint residents still seeking justice after 10 years of water crisis
Ten years ago, a water crisis began when Flint, Michigan, switched to the Flint River for its municipal water supply. The more corrosive water was not treated properly, allowing lead from pipes to leach into many homes. CBS News correspondent ...CBS News - Top stories -
Haitian premier Ariel Henry steps down amid gang crisis
Transitional council to run poverty-stricken country in deal backed by US and Caribbean nationsFinancial Times - World - Premier League -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - 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 -
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