Abbott Labs' surprise guidance bump is a major positive for its shareholders
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Zoom bumps its longer-term outlook higher, but near-term forecast comes up short
Zoom Video Communications Inc. on Monday bumped its full-year profit and sales forecast higher, after reporting first-quarter results that beat Wall Street’s expectations, helped by a broader artificial-intelligence rollout across the ...MarketWatch - Business -
2024 PGA Championship odds: Surprising PGA picks, weekend predictions from golf model that nailed 11 majors
SportsLine's golf model ran 10,000 simulations of the final two rounds of the PGA Championship 2024 at Valhalla Golf ClubCBS Sports - Sports - Golf -
2024 PGA Championship odds: Surprising PGA picks, Sunday predictions from golf model that nailed 11 majors
SportsLine's golf model ran 10,000 simulations of the final round of the PGA Championship 2024 at Valhalla Golf ClubCBS Sports - Sports - Golf -
2024 Charles Schwab Challenge odds, field: Surprising PGA picks, predictions by model that's called 12 majors
SportsLine's proven model simulated the Charles Schwab Challenge 2024 10,000 times and revealed its surprising golf picksCBS Sports - Sports -
2024 U.S. Open picks, odds, field: Surprising predictions from golf model that nailed 12 majors
SportsLine's proven model simulated the U.S. Open 2024 10,000 times and revealed its surprising PGA Tour golf picksCBS Sports - Sports - US Open -
HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Ping An last year had supported a shareholder motion to spin off HSBC's Asia business and establish fixed dividends. The motion was eventually defeated.CNBC - Business -
Sex-positive feminism had its moment – and now it has been replaced by voluntary celibacy | Arwa Mahdawi
From the ‘boysober’ trend in the US to the 4B movement in South Korea, more and more heterosexual women are giving up sex. Get thee to a nunnery! Apparently it’s the hottest place to be. While we still very much live in a sex-saturated world, ...The Guardian - World -
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Lab-Grown Meat Is on Shelves Now. But There’s a Catch
A store in Singapore is selling lab-grown chicken, but it contains only 3 percent animal cells.Wired - Tech -
Bump stock ruling could trigger booming rapid-fire marketplace
If the Supreme Court rules that bump stocks aren’t machine guns later this summer, it could quickly open an unfettered marketplace of newer, more powerful rapid-fire devices. The Trump administration, in a rare break from gun rights groups, ...The Hill - Politics -
Aegon Backs Guidance, Launches Fresh Buyback
Aegon said it was on track to meet its guidance for a key earnings figure this year after a decline for the first quarter, and launched a new share buyback program of up to €200 million.The Wall Street Journal - Business -
Param Labs raises $7M to fund gaming ecosystem development
Param Labs announced it's raised $7 million in its latest funding round to fund its modular gaming ecosystem.VentureBeat - Tech -
US lab-grown meat bans criticised as culture war ‘own goal’
Producer warns America is ceding a competitive advantage, just as it did with semiconductorsFinancial Times - Business -
CAIR accuses Abbott of suppressing speech on campuses
The Council on American-Islamic Relations (CAIR) announced a lawsuit against Texas Gov. Greg Abbott (R) on Thursday over an executive order the group alleges violates free speech on campuses. The group, filing on behalf of Students for Justice ...The Hill - Politics -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
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Thames Water’s biggest shareholder writes off investment
Move by Canadian pension fund is sign of escalating financial crisis at UK’s largest water supplierFinancial Times - Business -
Texas Gov. Greg Abbott Pardons Man Who Killed BLM Protester
Daniel Perry, a former Army sergeant, was sentenced to 25 years in prison last year for killing Garrett Foster, a 28-year-old Black Lives Matter protester and Air Force veteran.The Wall Street Journal - World -
Texas Democrat accuses Abbott of 'alliance with white nationalists' over pardon
Democratic Rep. Joaquin Castro (Texas) on Thursday accused Texas Gov. Greg Abbott (R) of having an "alliance with white nationalists" after he pardoned an Army sergeant who was previously convicted for shooting and killing a Black Lives Matter ...The Hill - Politics -
Slovakia PM Fico 'approaching a positive prognosis'
It comes as a man charged with attempting to murder Robert Fico arrived in court on Saturday.BBC News - Top stories -
Democrats can still jettison Biden as an ‘August Surprise’
A growing number of Democrats see Biden as becoming the political version of “Groundhog Day.” Every night they go to sleep dreaming of having a new nominee and every morning they wake up to the same old Biden.The Hill - Politics - Joe Biden -
CBS News surprises Pope Francis with personal gift
"Oh!" Pope Francis exclaimed as Norah O'Donnell presented him with a personal gift from CBS News' archives.CBS News - World -
Burnley's Kompany surprise candidate for Bayern job
Burnley boss Vincent Kompany is a surprise name on Bayern Munich’s list of potential candidates to become their new coach.BBC News - Top stories -
Stars, schemes and stats that will decide surprising conference finals
After two thrilling rounds, Celtics-Pacers begins Tuesday while Wolves-Mavs tips on Wednesday.ESPN - Sports -
Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns
FT Exclusive: Robyn Denholm outlines stakes for carmaker and says the idea she is too close to Elon Musk is ‘crap’Financial Times - Business - Tesla -
Tencent's Top Shareholder Taps New Chief in AI Ramp-Up
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.The Wall Street Journal - World -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
Shell urged to clarify climate targets as it braces for shareholder rebellion
NBIM, one of oil group’s largest investors, calls for ‘additional disclosures’ about green commitments ahead of AGM. Norway’s state investment fund has urged Shell to clarify its climate targets as the oil group braces for its biggest ever green ...The Guardian - World - Climate -
Boeing shareholders re-elect departing CEO Calhoun to board
New board chair Steve Mollenkopf said he has sought feedback on Calhoun's successor from investors and Boeing customers.CNBC - Business -
BlackRock funds are ‘crushing shareholder rights,' says activist Boaz Weinstein
Boaz Weinstein is fighting for control or reform at 10 BlackRock closed-end funds, which trade at a steep discount to their net asset value.CNBC - Business -
Tencent's Top Shareholder Taps New Chief in AI Ramp-Up
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.The Wall Street Journal - Business -
What’s BlackRock Without Larry Fink? Shareholders Fret About Future.
Investors in the world’s biggest asset manager are asking how much more room it has to grow and who will drive that growth once its chief executive retires.The New York Times - Business -
Top Anglo shareholder backs break-up plan as clock ticks for BHP
Legal & General says it is confident Anglo’s management can deliver as miner fends off interest from larger rivalFinancial Times - Business -
Tesla Shareholder Group Calls for Vote Against Musk Pay Package
The letter calls for shareholders to reject the re-election of two directors, Kimbal Musk and James Murdoch.The Wall Street Journal - World - Tesla -
Elon Musk’s Tesla pay package assailed by shareholder group
New York City’s investment chief and other key investors are urging Tesla Inc. shareholders to vote against Chief Executive Elon Musk’s $56 billion pay package and the reelection of board directors Kimbal Musk and James Murdoch.MarketWatch - Business - Tesla -
Lowe’s stock rises after retailer tops earnings estimates and backs full-year guidance
Lowe’s Cos. Inc.’s stock rose 2.2% premarket Tuesday, after the home-improvement retailer posted better-than-expected first-quarter earnings as a decline in big ticket spending was partially offset by positive performance in Pro and online.MarketWatch - Business -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Fed’s Powell tests positive for COVID-19 for second time
Federal Reserve Chairman Jerome Powell contracted COVID-19 for the second time and is working from home while he recovers, the Fed said Friday.MarketWatch - Business