Us Stocks Rise As Tesla Rallies on Gm Charger Deal
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Tesla's Big Rally Drives the Nasdaq Higher
U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.The Wall Street Journal - World -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
Ford keeps EV losses in check, stock rises 3%
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
IBM’s stock drops as company plans to buy HashiCorp in $6.4 billion deal
International Business Machines Corp. came up a hair short with its revenue for the latest quarter, while announcing its intent to acquire infrastructure-automation company HashiCorp Inc. in a $6.4 billion deal.MarketWatch - Business -
US House speaker jeered at Columbia as tensions rise over campus protests
Republican Mike Johnson criticized for ‘divisive’ trip as he calls for university president to quit and condemns ‘virus of antisemitism’. Student Gaza protests – live updatesMike Johnson, the Republican House speaker, was jeered by pro-Palestinian ...The Guardian - World - House -
Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot
A Tesla that may have been operating on the company’s Autopilot driving system has hit and killed a motorcyclist near SeattleABC News - Tech - Tesla -
The dire situation on America’s southern border
If Congress will not act, President Joe Biden may have to do soFinancial Times - World -
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 -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - 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 -
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 -
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 -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
BHP proposes takeover of Anglo-American in mining mega-deal
Combination would bring together two of the leading players in the industryFinancial Times - 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 -
Yen weakens to ¥155 per dollar as US stocks edge higher
Financial Times - Business -
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 -
Paul Skenes finally starts building up workload but Pirates GM is keeping any promotion benchmarks secret
Wednesday's start was the first time Skenes had pitched into the fifth inning since he was draftedCBS Sports - Sports -
Chipotle shares rally after earnings beat helped by new menu items
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business -
College Protesters Make Divestment From Israel a Rallying Cry
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear and achievable way to force colleges to take action on the issue.The New York Times - Business - Israel -
Tensions rise at college protests; Johnson calls for Columbia president to resign
Columbia University and other schools have taken steps to try to address students' concerns over safety and freedom of expression. Follow for live news updates.CNN - Top stories -
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 -
Best pre-Memorial Day deals on barbecue grills
Barbecue season is finally here, so if you're shopping for a new grill, here's your chance to save some cash.CBS News - Top stories -
Lions to ink St. Brown, Sewell to $100M+ deals
The Lions and wide receiver Amon-Ra St. Brown have agreed to a four-year, $120 million extension that includes $77 million guaranteed, sources told ESPN.ESPN - Sports -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
Israel Prepares Gradual Rafah Offensive
Responding to U.S. and international pressure, Israel is scrapping plans for an all-out assault in favor of an approach that seeks to limit civilian casualties.The Wall Street Journal - World - Israel -
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 -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - World -
Tesla shows Wall Street a path to ‘positive catalysts,’ BofA says
Tesla Inc.’s better-than-expected quarterly earnings and reassurances from the EV maker that it is on a path of “positive catalysts” led to a stock upgrade at BofA Securities on Wednesday.MarketWatch - Business - Tesla -
Some Anti-Israel Protesters Are Paid
Rockefeller and Soros grants are subsidizing those who disrupt college campuses.The Wall Street Journal - World - Israel -
Ecuador's Former Comptroller General Convicted in Case Tied to Odebrecht
Carlos Ramon Polit Faggioni was convicted in Miami of accepting more than $10 million in bribes from the Brazilian construction company.The Wall Street Journal - World -
It's One of the Last Pristine Coral Reefs on Earth. Should We Be Visiting It?
The Raja Ampat archipelago of Indonesia looms large in the imaginations of underwater adventurers. But by visiting its relatively untouched reefs are we protecting them—or threatening them?The Wall Street Journal - World -
Speaker Johnson addresses rise of antisemitism on college campuses at Columbia: Watch live
House Speaker Mike Johnson (R-La.) will deliver public remarks during a visit to Columbia University Wednesday afternoon. Along with every Republican member of the New York congressional delegation, Johnson has also called for the resignation of ...The Hill - Politics -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Meta's Advertising Business Keeps Rolling as AI Aspirations Rise
Meta Platforms on Wednesday reported record first-quarter sales, with a 27% increase versus the year prior.The Wall Street Journal - World -
Meta’s Profits More Than Double, While Spending on A.I. Rises
The owner of Facebook, Instagram and WhatsApp continued to grow, even as it said it would spend billions of dollars more on artificial intelligence.The New York Times - Business -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech