EU leaders set to revive capital markets union plan in search for defence funding
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Greenlight Capital’s clash with a former employee has captivated the hedge-fund world
James Fishback, 29, says he was employed as Head of Macro at Greenlight Capital. The New York hedge fund says that position never existed.MarketWatch - Business -
Vanguard defends dominance of US equities in EU-domiciled funds
Response follows warnings of ‘unintended consequences’ of passive funds shunning EU corporationsFinancial Times - World -
Are market-beating fund managers truly skilled or just lucky?
The case for index funds strengthens against the reality that most managers underperform.MarketWatch - Business -
LIVE Transfer Talk: Man City plan Paquetá move for Premier League title defence
Lucas Paquetá may have been on the losing side on Sunday but, if Man City get their way, he will be wearing sky blue next season. Transfer Talk has the latest.ESPN - Sports - Premier League -
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European far-right leaders gather ahead of EU elections
Le Pen, Orbán and Meloni rail against socialism and ‘massive illegal migration’ at ‘great patriotic convention’ in Madrid. International far-right leaders, including France’s Marine Le Pen, Hungary’s Viktor Orbán, Italy’s Giorgia Meloni and ...The Guardian - World - European Union -
House GOP says revived border bill "dead on arrival" as Senate plans vote
House Republican leadership said a Senate effort to revive a once-failed border security measure is "dead on arrival" in the lower chamber. But the legislation may not make it out of the Senate.CBS News - Top stories -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Why Michael Dell's latest prediction about AI PCs is great news for Best Buy
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Kamala Harris to speak at SEIU convention set to elect the union’s first Black president
April Verrett is poised to become the first Black president of the Service Employees International Union, which represents nearly 2 million workers.NBC News - Top stories -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World -
Trump’s immigration plan could add trillions of dollars to national debt, fueling inflation and market jitters
Donald Trump’s tax and spending plans for his would-be second term in office imply a willingness to see the federal budget deficit rise to truly unprecedented levels.MarketWatch - Business -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Ex-South African leader's corruption trial date set as he fights another case to run for election
Prosecutors say former South African President Jacob Zuma will go on trial for corruption next AprilABC News - World -
Iran’s supreme leader sets its hardline foreign policies: expect more of the same
Experts say shift in direction, including on nuclear issue, is unlikely after death of president and foreign minister. In the immediate aftermath of the death of the Iranian president, Ebrahim Raisi, and foreign minister, Hossein Amir-Abdollahian, ...The Guardian - World - Iran -
Ukraine's defence lines stretched as Russian troops advance
The BBC's Jonathan Beale joins Ukrainian forces in Kharkiv as they try to shore up a weakened frontline.BBC News - Top stories - Ukraine -
Defence lawyer fined over rape survivor questioning
Lorenzo Alonzi’s behaviour amounted to unsatisfactory professional conduct in six of 11 complaints.BBC News - Top stories -
Disneyland Characters Vote to Unionize
Costumed actors and parade performers approve an effort to join Actors' Equity by a wide margin.Inc. - Business -
'Speed Capital' Review: How the Indy 500 Was Born
Road racing in the early 20th century was popular, but hard to watch as the cars zoomed by. Indianapolis changed that.The Wall Street Journal - World -
China moves to revive stricken property sector
Also in this newsletter: main UK political parties ramp up campaigning, US-built pier in Gaza opens for aid, science round-upFinancial Times - World - China -
Google Search Is Growing Up
This week, we unpack all the news from Google I/O, where we got a glimpse of how the world’s dominant search engine will evolve in the AI era.Wired - Tech - Google -
The Chicago Teachers Union Plays Hooky
The CTU abandons students to seek a billion-dollar raise.The Wall Street Journal - World -
Disneyland's character performers vote to unionize
Most of the more than 35,000 workers at Disneyland Resort in Anaheim, home of the company's first theme park, already have unions.CBS News - Top stories -
US defence chief Lloyd Austin to meet Chinese counterpart this month
Singapore meeting would be latest step in reopening communication lines between militariesFinancial Times - World -
Russia to expel UK defence attaché in tit-for-tat move
Decision comes week after London ordered ‘undeclared military intelligence officer’ to leave BritainFinancial Times - Business - United Kingdom -
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Siemens to Sell Innomotics to KPS Capital Partners for $3.8 Billion
Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners, the latest move by the German industrial giant to reshuffle its portfolio.The Wall Street Journal - Business -
New Caledonia 'under siege' from rioting, says capital's mayor
Hundreds of French gendarmes are trying to secure the road from Nouméa to the airport, officials say.BBC News - Top stories -
‘Modern death is clinical, antiseptic’: the festival that wants to revive the Irish wake
Artists, singers, writers and scholars gather in County Mayo as a ‘clarion call’ to protect the rite of passage they believe is under threat. It was a scene once common in homes across Ireland: a body in an open coffin surrounded by family, ...The Guardian - World -
Gunfire in Congo’s capital as men in military uniform clash with politician's guards
Congo’s army says it has foiled a coup attempt and arrested the perpetrators, including several foreignersABC News - World -
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
Regulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.The Wall Street Journal - World -
UAW Loses Unionization Vote at Mercedes Plant in Alabama
Workers at a Mercedes-Benz plant in Alabama voted against joining the United Auto Workers, hurting the union’s push to organize at many foreign-owned factories in the South.The Wall Street Journal - World -
UAW Loses Unionization Vote at Mercedes Plant in Alabama
Workers at a Mercedes-Benz plant in Alabama voted against joining the United Auto Workers, hurting the union’s push to organize at many foreign-owned factories in the South.The Wall Street Journal - Business -
Mercedes-Benz workers in Alabama vote 'no' to joining union
Mercedes-Benz workers in Alabama vote against joining UAW, a blow to the union's expansion in the South.ABC News - Top stories -
UAW Loses Unionization Vote at Mercedes Factories in Alabama
The election, fiercely opposed by the state’s political leaders, was seen as a test of the United Automobile Workers’ ability to unionize factories in the South.The New York Times - Business -
Disneyland costumed character employees vote to unionize
The Disneyland Resort employees who play costumed characters in the parks, parades or hotels have voted to unionize, citing issues such as pay and working conditions.Los Angeles Times - Entertainment -
Disneyland Character Workers at California Park Vote to Unionize
The vote determined whether 1,700 workers who play characters such as Mickey and Minnie Mouse and who dance at parades could join the union representing other workers at the park in Anaheim, Calif.The New York Times - Business - California -
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China Hints at Possible Retaliation Against EU Probes
China has hinted at potential retaliation in response to the European Union’s investigations into Chinese companies, and launched a probe into chemical imports.The Wall Street Journal - World - China