Citizens Financial is latest lender to tap the bond market a day after earnings
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Merck KGaA Backs Outlook After Drop in Sales, Earnings
Merck KGaA confirmed and detailed its guidance for 2024 after it reported lower sales and earnings for the first quarter, hit by inventory reductions at its life-science segment.The Wall Street Journal - World -
Stock market could suffer ‘ugly’ day if April CPI comes in above this level
A Wall Street analyst breaks down what would make for a “good, bad or ugly” market response to Wednesday’s CPI data.MarketWatch - Business -
Top-Ranking Lenders See Diminishing Recoveries in Bankruptcy
Top-ranking lenders continue to get less of their money back when companies go bankrupt as many firms head into chapter 11 with less junior debt to absorb the pain, and as aggressive debt restructurings can change who gets repaid first.The Wall Street Journal - World -
Ohtani's moonshot at Oracle Park invokes memories of Bonds
Los Angeles Dodgers star Shohei Ohtani hit a home run against the Giants on Tuesday night that only can be described as Barry Bonds-like.Yahoo Sports - Sports -
High Bond Yields Bode Well for Capital Appreciation
The elevated starting yields prevalent across much of the bond market bode well for capital appreciation, Pimco said, adding it favors intermediate maturities.The Wall Street Journal - World -
Glitches in revamped financial aid system hindering college-bound students
The forms to apply for financial aid were released three months late this year, and one estimate shows over 25% of schools still haven't sent out aid packages.CBS News - Top stories -
Stormy Financial Seas Push Red Lobster to Close Scores of Restaurants
A month after news the chain was considering Chapter 11 protection, attributing some of its losses to an all-you-can-eat shrimp promotion, the Orlando-based company reportedly shutters 88 of its 649 restaurants.Inc. - Business -
‘This is Bill. Bill Hwang’: US jury hears founder’s call to Archegos lenders
Recording comes in trial over whether investor and other executives duped Wall Street banks that lost billionsFinancial Times - Business -
Auto & Transport Roundup: Market Talk
Read about Boeing, Fraport and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Find insights on Keyera, Worley, Sinopec, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Health Care Roundup: Market Talk
Read about Bayer, Alcon, Dr. Lal Pathlabs and more in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
Bumble Apologizes After Its Latest Campaign Draws Backlash
A new advertising campaign from the dating app set off a firestorm of criticism, prompting the company to apologize.The New York Times - Lifestyle -
Sony Group Profit Jumps on Stronger Game, Movie Earnings
The Japanese entertainment and electronics company reported a fourth-quarter net profit beat.The Wall Street Journal - World - Entertainment -
AMC’s high-yield bonds are rallying with the stock and offering yields close to 30%
AMC Entertainment Inc.’s bonds were rallying Tuesday and were the biggest gainers in the high-yield space, swept up by the resumption of the meme-stock trend that took hold of markets on Monday.MarketWatch - Business -
Sony Group Profit Jumps on Stronger Game, Movie Earnings
The Japanese entertainment and electronics company reported a fourth-quarter net profit beat.The Wall Street Journal - Business - Entertainment -
How one popular bond ETF is navigating sticky inflation fears to outperform
The U.S. bond market has been navigating a rough past few years, with the potential for a pickup in volatility on Wednesday as investors await a fresh reading on inflation.MarketWatch - Business -
Chicago teen who started college at 10 earns doctoral degree at 17
Dorothy Jean Tillman II became the youngest person to earn a doctoral degree in integrated behavioral health at Arizona State University.NBC News - Top stories -
Danish biotech says companies should tap China’s ‘impressive innovation’
Genmab argues ‘anti-Chinese sentiment’ should not deter dealmakingFinancial Times - World - China -
Kimberly-Clark Taps New Chief Growth Officer as It Heads Into Restructuring
Kimberly-Clark will bring on a new chief growth officer as the maker of products such as Kleenex tissues and Huggies diapers prepares for a reorganization.The Wall Street Journal - World -
Biden delivers remarks on investing and the job market
Watch live coverage as President Joe Biden delivers remarks on American investments and the labor market.NBC News - Top stories - Joe Biden -
U.S. Dollar Falls as Market Awaits CPI Data
The big issue for the U.S. inflation outlook is if producers manage to pass rising costs on to consumers, Brown Brothers Harriman said ahead of the April CPI data release.The Wall Street Journal - World -
Another subdued day for stocks. Here's our latest thinking on 4 portfolio names including a 'coiled spring'
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
My fellow citizens – we share confined spaces, but do I have to overhear your chat, your music, your TikTok? | Zoe Williams
With telephone signal now more available on the London underground, it’s time for a new etiquette about how we co-exist . Phone signal went live this week across a quarter of the underground system in the capital, mainly in central London, with ...The Guardian - World -
U.S. Bond Yields Could Become Relatively Stable Unless CPI Data Surprise
U.S. rates are febrile, having moved constantly for over a year now in line with changes in Fed Funds rate expectations and inflation data, Natixis Research said, but barring any new surprises in CPI data, rates could be entering a phase of ...The Wall Street Journal - World -
4 things to know from the weekend in MLB: Braves, Padres earn statement wins, Rockies sweep defending champs
And with the Reds, Cardinals and Pirates tumbling, the NL Central is looking like a contest between the Cubs and BrewersYahoo Sports - Sports - MLB -
Platinum market headed for ‘substantial’ supply shortfall, says industry body
Report shows second year of deficit as miner Anglo American rejects rival BHP’s offer that includes plan to spin off platinum assetsFinancial Times - Business -
U.K. Jobs Market Eases in Boost for June Rate-Cut Hopes
Unemployment ticked higher in the three months to March, continuing a trend of rising joblessness, while the average regular pay grew at the same rate as in the previous period.The Wall Street Journal - World - United Kingdom -
How the Fed’s quest for transparency made markets more volatile
Markets often respond to Fed comments with big price swings, and recent research shows they are particularly reactive to Fed Chair Jerome Powell.CNBC - Business -
Jim Cramer's top 10 things to watch in the stock market Tuesday
U.S. stock futures are lower after wholesale prices in April rose more than Wall Street expected.CNBC - Business -
Young workers are flocking to these fast-growing job markets—they're not on the coasts
Recent college grads are flocking to Sun Belt states for high-paying jobs, ample opportunity and low costs of living.CNBC - Business -
The Art Market is Down. A Cyberattack at Christie's May Make Things Worse.
The auction house plans for sales to proceed, including for a Warhol “Flowers” estimated at $20 million.The Wall Street Journal - World -
Bumble's Ad Fumble in the Dating Jungle Is a Lesson in the Risks of Edgy Marketing
The women-focused dating app pulls its brand-refreshing"a vow of celibacy is not the answer" ad campaign amid furious criticism.Inc. - Business -
Book Review: Veronica Roth taps into her Polish roots for 'When Among Crows,' a lore-packed novella
Dymitr is on a secret, personal mission, and it starts with facing the creature who’s guarding the fern flower as it blooms for the summer solsticeABC News - Entertainment -
Boxing schedule for 2024: Tyson Fury vs. Oleksandr Usyk, Josh Taylor vs. Jack Catterall on tap
Things are about to heat up in a big way for the sport as we head toward summerCBS Sports - Sports - Boxing -
2024 UFC event schedule: Edson Barboza vs. Lerone Murphy, Islam Makhachev vs. Dustin Poirier on tap
Check out a complete list of UFC pay-per-view and Fight Night events scheduled for 2024CBS Sports - Sports - UFC -
New Caledonia imposes curfew after day of violent protests against constitutional change
Car dealerships have been set on fire and supermarkets looted in Pacific French territory as protests against changes to voter eligibility spread. New Caledonia has imposed a curfew and banned public gatherings in the capital, Nouméa, after a day ...The Guardian - World