Virgin Orbit Raising $200 Million from Investor Matthew Brown Closing Deal As Soon As Thursday
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Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
US data blurs the picture for bond investors
The combination of slower growth and nagging inflation is an unsettling mixFinancial Times - Business -
US data blurs the picture for bond investors
The combination of slower growth and nagging inflation is an unsettling mixFinancial Times - World -
Investors to Big Tech: Mind Your Pocketbook
Microsoft, Alphabet, Meta and Tesla have a combined $275 billion cash pile.The Wall Street Journal - World -
Forget Moonshots. Investors Want Profit Now.
CEOs might resist the new investor mantra of Show Me the Money—but if they do, their share price is likely to suffer.The Wall Street Journal - World -
Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes
A little over a year ago, Chipotle announced the opening of its first Farmesa location.CNBC - Business -
College protests live updates: Police crackdown leads to hundreds of arrests
Protests have broken out at colleges and universities across the country in connection with the war in Gaza.ABC News - Top stories -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
Unions vow to fight on as Tata Steel confirms plans to close blast furnaces
Decision will result in up to 2,800 job losses at Britain’s biggest producer of the commodityFinancial Times - World -
When U.S. Officials Visit China, Their Food Choices Are Closely Watched
Visits to China by American officials like Secretary of State Antony J. Blinken can bring fame to local restaurants, as well as scrutiny to the dignitaries.The New York Times - World -
When U.S. Officials Visit China, Their Food Choices Are Closely Watched
Visits to China by American officials like Secretary of State Antony J. Blinken can bring fame to local restaurants, as well as scrutiny to the dignitaries.The New York Times - Top stories -
Tourist hospitalized after shark attack. Tobago closes several beaches
A shark attack on a British tourist in the southeastern Caribbean prompted the government of Trinidad and Tobago to close seven beaches and a marine parkABC News - World -
Trump trial sees new witnesses to close out first week of testimony
Prosecutors in former President Donald Trump's criminal trial in New York called two new witnesses to the stand on Friday, rounding out the first week of testimony.CBS News - Top stories - Donald Trump -
Tourist hospitalized after shark attack. Tobago closes several beaches
A shark attack on a British tourist in the southeastern Caribbean prompted the government of Trinidad and Tobago to close seven beaches and a marine parkABC News - Top stories -
Julen Lopetegui closes on Milan appointment to dash West Ham hopes
Lopetegui was one of frontrunners to replace David MoyesFormer Wolves manager more attracted by chance to join MilanMilan are close to appointing Julen Lopetegui, which puts him out of the running to replace David Moyes as West Ham’s manager.. ...The Guardian - World -
Trump trial sees new witnesses to close out first week of testimony
Prosecutors in former President Donald Trump's criminal trial in New York called two new witnesses to the stand on Friday, rounding out the first week of testimony.CBS News - Politics - Donald Trump -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Top stories -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Politics -
Bagnaia wins Spanish Grand Prix to close gap in MotoGP world standings
Francesco Bagnaia wins at Circuito de Jerez for third straight yearReigning world champion closes gap to leader Jorge MartínThe reigning MotoGP champion, Francesco Bagnaia, won his third straight Spanish Grand Prix on Sunday to make up ground on ...The Guardian - World -
Silicon Valley’s General Catalyst closes in on $6bn fund for tech start-ups
Venture capital firm’s success underlines divergence between big names and smaller groups as fundraising slows more broadlyFinancial Times - Business -
Media freedom ‘perilously close to breaking point’ in several EU countries
Civil liberties network warns of decline across the bloc as a result of harm or neglect by governments. Media freedom is declining across the EU and “perilously close to breaking point” in several countries, a leading civil liberties network has ...The Guardian - World - European Union -
Philippines Closes Schools Because of Heat Wave, Jeepney Strike
Scorching temperatures coincided with a nationwide strike of jeepneys, the main mode of public transport in the country.The New York Times - World -
When U.S. Officials Visit China, Their Food Choices Are Closely Watched
Visits to China by American officials like Secretary of State Antony J. Blinken can bring fame to local restaurants, as well as scrutiny to the dignitaries.The New York Times - World -
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 -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
Millions more Americans could become eligible for overtime pay.NBC News - Top stories -
'Struggling' Capitals captain Alex Ovechkin is hoping patience pays off soon against the Rangers
Alex Ovechkin has just one shot on goal through two games of the Washington Capitals’ first-round playoff series against the New York Rangers, which they trail 2-0ABC News - Sports -
Clash of Clans Maker's First New Game In Five Years, Squad Busters, Launches Soon
The next joint of developer Supercell, best known for Clash of Clans, is releasing soon. Squad Busters, the first global game launch of the studio in over five years, will launch on May 29 for iOS and Android devices.. At the time of publication, ...GameSpot - Tech -
King Charles III will soon resume public royal duties as he makes good progress in his battle against cancer.
King Charles III will soon resume public royal duties as he makes good progress in his battle against cancer.The Wall Street Journal - World - United Kingdom -
Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue
Paramount Global reports its quarterly earnings Monday.CNBC - Business -
Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue
Paramount Global’s board is preparing to fire Chief Executive Officer Bob Bakish as soon as Monday morning, according to people familiar with the matter.NBC News - Top stories -
Horses show off in Versailles, keeping alive royal tradition on soon-to-be Olympic equestrian venue
The historic Versailles Palace Gardens will soon host the Paris Olympics equestrian sportsABC News - Sports -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
A high-profile murder trial in Kazakhstan raises awareness of domestic violence
Kazakhstan has been riveted by the live-streamed trial of a businessman accused of murdering his wife, raising awareness about domestic violence.NBC News - Top stories -
New crash test results raise concern for some small SUVs
The Insurance Institute for Highway Safety has updated its testing of vehicles’ ability to avoid crashes. The results show there is some concern for smaller SUVs, as most models did not do well.CBS News - Top stories