Best Buy CEO sees bottom in tech demand, with a turn higher later this year
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It's no surprise to see Amazon shares lower after cloud CEO shakeup
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
The 2 Best Reasons to Buy the New M2 iPad Air
The new iPad Air is confusing, but the real winner is the 13-inch size.Inc. - Business -
China drives EV boom this year amid strong demand for hybrid vehicles
EV shipments, including fully battery-powered vehicles and hybrids, were up 18% in the first three months of 2024 compared with the same period last year.CNBC - Business - China -
IEA Lowers 2024 Oil-Demand Growth Forecast on Slow Start of the Year
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world’s largest economies, particularly in Europe.The Wall Street Journal - World -
Sealed Super Mario 64 Door Finally Opened Nearly 30 Years Later
Super Mario 64 is almost 30 years old, but the game still has some secrets to offer, especially for those who are willing to dig deep. A SM64 community member named "Alexpalix1" has managed to open a sealed door that's bedeviled players for ...GameSpot - Tech -
Nvidia CEO Jensen Huang saw his pay jump 60% last year, topping what rivals made
Nvidia CEO Jensen Huang’s base salary stayed the same last fiscal year — but other sources drove a sharp increase in his total compensation.MarketWatch - Business -
I married a top – but now he wants to be a bottom
The man I fell in love with was dominant, but now he is obsessive and jealous. What can I do?. Sign up for Well Actually, a free weekly newsletter about health and wellnessI am a man in my early 30s married to a man in his mid-50s. We have always ...The Guardian - World -
Baidu’s robotaxi unit expects to turn profitable next year
The projection comes as Elon Musk has emphasized his plans to build up Tesla's robotaxi efforts amid a decline in revenue.CNBC - Business -
Are CEOs Sitting This Election Out?
Unpacking the reasons why entrepreneurs seem more hesitant than ever to weigh in on this election.Inc. - Business -
Bottom Line: Shein steps up its lobbying game
Apparel Two more lobbying firms have registered to lobby for Shein, the latest additions to its quickly expanding influence operation in Washington amid allegations of forced labor in the fast fashion giant’s supply chains. Shein hired Ballard ...The Hill - Politics -
Sony to Adopt Dual-CEO Structure for Videogame Unit
The company said it would adopt a new leadership structure for its Sony Interactive Entertainment unit overseeing PlayStation, with two separate chief executives.The Wall Street Journal - Business -
Who is Salim Ramji, the new Vanguard CEO?
Vanguard Group on Tuesday appointed BlackRock Inc. veteran Salim Ramji as its new chief executive, a move that will give the asset-management giant a leader with years of experience in wealth advisory and management who is known for his efforts to ...MarketWatch - Business -
Vanguard Names Former BlackRock Executive as CEO
Salim Ramji led BlackRock’s ETF business and left in January.The Wall Street Journal - World -
OPEC Sticks to Oil-Demand View
OPEC left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output as the market awaits the cartel’s next production policy move at its upcoming meeting in June.The Wall Street Journal - World -
Save Higher Ed With the Chicago Principles
Respect free speech and don’t take sides—a simple approach to avoid campus strife.The Wall Street Journal - World -
The Fed's Powell affirmed the central bank's wait-and-see stance on interest rates, which remain at their highest level in more than 20 years.
The Fed’s Powell affirmed the central bank’s wait-and-see stance on interest rates, which remain at their highest level in more than 20 years.The Wall Street Journal - World -
Breaking Up Anglo American Now Could Mean Merging It Later
Anglo American’s plan to sell off assets and strengthen its balance sheet would likely make it an even more attractive acquisition.The Wall Street Journal - World -
College football coach rankings: How each coach in bottom 10 can elevate their stock in 2024 season
The bottom 10 coaches in the Power Four featured several first-time leadersCBS Sports - Sports - College Football -
'Corrupt ship inspectors demand our food and cargo'
Seafarers tell the BBC port officials routinely demand bribes before allowing ships through.BBC News - Top stories -
Burberry Profit Falls as Soft Demand, Turnaround Bite
Burberry posted a decline in profit for fiscal 2024 as it kept struggling to revitalize its business through a turnaround plan against a backdrop of slowing luxury demand.The Wall Street Journal - World -
IEA lowers 2024 oil-demand forecast
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world’s largest economies, particularly in Europe.MarketWatch - Business -
Queen Camilla will buy no more real-fur items
A letter from Buckingham Palace says the Queen "will not procure any new fur garments".BBC News - Top stories - United Kingdom -
Putin Is Selling Victory, and Many Russians Are Buying It
Vladimir Putin’s message to his country appears to be taking hold: that Russia is fighting against the whole Western world — and winning.The New York Times - World - Russia -
Putin Is Selling Victory, and Many Russians Are Buying It
Vladimir Putin’s message to his country appears to be taking hold: that Russia is fighting against the whole Western world — and winning.The New York Times - Top stories - Russia -
Frank McCourt Starts Effort to Buy TikTok
Mr. McCourt, a longtime critic of the way tech companies use data, sees acquiring TikTok as a chance to create an “alternative to the current internet.”The New York Times - Top stories - Tiktok -
Amazon Web Services CEO Adam Selipsky to step down
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday.NBC News - Top stories - Amazon -
Amazon’s AWS business is getting a new CEO, and the stock is dipping
Matt Garman, a sales and marketing leader for AWS, will succeed Adam Selipsky.MarketWatch - Business -
Amazon Web Services CEO Adam Selipsky to step down
The departure of Adam Selipsky, CEO of Amazon's cloud computing business, is the latest high-profile executive exit from the company led by Andy Jassy.CNBC - Business - Amazon -
Sony Names Two PlayStation CEOs, Says PS5 Growth Is Likely Over
The PS5 might be outselling its chief competitor, but it seems that its overall sales have slowed in recent months. In a recent financial report, Sony said that PS5 sales are down 29% year-over-year in the last fiscal quarter, and it further ...GameSpot - Tech - Playstation -
Vanguard chooses former BlackRock executive Salim Ramji as CEO
The first outsider to lead the $9tn money manager will take up his role in JulyFinancial Times - Business -
TotalEnergies CEO: Moving main listing to New York would be ‘no matter of emotion.’
The chief executive of French energy giant TotalEnergies reiterated that the company is looking at moving its primary listing to the U.S. as he sought to play down the significance of such a decision.MarketWatch - Business - New York -
First person to receive a genetically modified pig kidney transplant dies nearly 2 months later
The first recipient of a genetically modified pig kidney transplant has died nearly two months after he underwent the procedureABC News - Health -
Jamie Dimon urges the U.S. to deal with its deficit sooner rather than later
JPMorgan Chase CEO Jamie Dimon on Wednesday urged the U.S. government to reduce its fiscal deficit sooner rather than later.CNBC - Business -
China’s race to tech supremacy
The country is rapidly accelerating development of critical technologiesFinancial Times - World - China -
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A second wave of EV shoppers is on its way, but current demand is still a problem
Cox Automotive sees a “second, significant wave” of EV shoppers by the second half of the decade, but that’s cold comfort for now.MarketWatch - Business -
Top House Democrat demands answers on Trump dinner with oil executives – live
Jamie Raskin writes to nine executives after report says Trump promised to repeal regulations if they each gave $1bn to campaign. Trump hush-money trial – live updatesUS House in session with major agenda but its speaker is awol at Trump trialThe ...The Guardian - World - Donald Trump -
Burberry’s profits plunge as sales slump on slowing luxury demand
Burberry on Wednesday said the slowdown in the luxury goods market hit its sales in the final quarter of 2024 and led to a sharp 34% drop in its full-year profits.MarketWatch - Business -
Gina Rinehart demands National Gallery of Australia remove her portrait
NGA rebuffs efforts by billionaire to take down painting by award-winning artist Vincent Namatjira. Get our morning and afternoon news emails, free app or daily news podcastThe mining billionaire Gina Rinehart has demanded the National Gallery of ...The Guardian - World - Australia -