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Uber reports first-quarter results that beat expectations for revenue, but posts net loss
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Report: Caitlin Clark, Fever set WNBA single-game ticket revenue record in loss to Liberty
The New York Liberty earned more than $2 million in ticket revenue in their win over Caitlin Clark and the Fever on Saturday.Yahoo Sports - Sports - WNBA -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Roche says weight loss drug shows promising results in early trial
The weekly injection helped patients with obesity lose 18.8% of their weight relative to those who received a placebo, after 24 weeks in the phase one trial.CNBC - Business -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China -
AI may cause job losses and rise in carbon emissions, report finds
But economists say it could be offset by the creation of new roles and non-automated sectors. Breakthroughs in artificial intelligence could lead to short-term increases in unemployment, a rise in carbon emissions and leave regulators trailing in ...The Guardian - World -
Global Economy Will Grow More Than Expected, U.N. Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - Business -
Mike Conley injury update: Timberwolves guard expected to return in Game 6 against Nuggets, per report
Conley missed Game 5 with a calf strainCBS Sports - Sports - NBA -
Some vacationers expect to carry summer travel debt, report finds. Here's how to avoid that
Americans are looking forward to traveling this summer, but some won't pay off their credit cards. Here's how to lower costs and avoid summertime debt.CNBC - Business
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Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.CNBC - Business -
Microsoft set to unveil its vision for AI PCs at Build developer conference
Microsoft Build 2024 starts Tuesday, and the company is expected to talk about how Windows will power new "AI PCs."CNBC - Business - Microsoft -
Media giants lean on sports as Hollywood strikes still loom over content slates
Media companies charming advertisers during the Upfront meetings let sports take center stage as content slates still suffer from last year's Hollywood strikes.CNBC - Business -
Some consumers are punting big purchases like pools and mattresses
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.CNBC - Business -
Biden confronts 2024 weak spots with young, Black voters at Morehouse commencement
President Joe Biden's Black voter support has fallen since the 2020 election, while former President Donald Trump's has increased, according to recent polls.CNBC - Business - Joe Biden