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 -
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 -
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 -
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 -
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 -
'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 -
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 -
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 -
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 -
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 -
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 -
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 -
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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 -
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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 -
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 -
China’s race to tech supremacy
The country is rapidly accelerating development of critical technologiesFinancial Times - World - China -
Uber to Buy Delivery Hero's Taiwan Business for $950 Million
Uber will also separately purchase $300 million in newly issued ordinary shares of Delivery Hero.The Wall Street Journal - World - Taiwan -
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GameStop still soaring on meme rally, but beware the end of the ‘buying frenzy’
Shares of GameStop Corp. have skyrocketed in the last two days, lifted by the return of influential investor and analyst Keith Gill to social media, but investors should beware the end of the “buying frenzy,” say experts.MarketWatch - Business -
U.S. to Stop Buying Russian Uranium, Cutting Cash to Moscow
A new law accelerates the weaning of U.S. electric utilities from using Russian enriched uranium to power America’s nuclear plants.The New York Times - Top stories - Russia -
Uber to Buy Delivery Hero's Taiwan Business for $950 Million
Uber will also separately purchase $300 million in newly issued ordinary shares of Delivery Hero.The Wall Street Journal - Business - Taiwan -
Biden Is Trying to Buy EVs Time With New Tariffs on China. It Might Not Work
America now has 100 percent tariffs on Chinese electric vehicles, but with US automakers struggling to compete and its reliance on China’s materials, will this help? Mercedes, BMW and VW think not.Wired - Tech - Joe Biden -
Oil ends at 9-week low after OPEC leaves demand forecast unchanged
Oil futures settled at a nine-week low on Tuesday, as the Organization of the Petroleum Exporting Countries left its monthly forecasts largely unchanged while traders weighed the outlook for interest rates and their potential impact on energy demand.MarketWatch - Business -
GameStop’s meme-stock rally is a ‘short-term baseless frenzy,’ brokerage CEO says
The meme rally that sent shares of GameStop Corp. soaring this week will likely peter out in a couple of days, says Dan Raju, the CEO of cloud-based financial-services provider Tradier.MarketWatch - Business -
House Democrat presses oil CEOs for details of Trump's fundraising dinner at Mar-a-Lago
In letters to nine oil CEOs, the House Oversight Committee's top Democrat asked for details of any pledges Trump made as he asked them for campaign donations.CNBC - Business - Donald Trump -
Google CEO Pichai says company will 'sort it out' if OpenAI misused YouTube for AI training
YouTube's videos have been used to help companies with AI model training.CNBC - Business - Google -
Investors shun real estate as higher for longer fears bite
Global fund managers cut their property allocations to lows not seen since 2009Financial Times - Business