Earnings Results: Big Lots’ stock tumbles toward 32 year low after losses nearly double forecasts, dividend is suspended
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Mpox cases nearly double what they were at the same time last year
Mpox cases are on the rise in the U.S., increasing to almost double what they were at the same time last year, according to new CDC data.ABC News - Top stories -
Kerr defends Steph's low minute total after loss
Steve Kerr defended the decision to play Stephen Curry just 30 minutes in Sunday's 114-110 loss to the Timberwolves, saying the Warriors "can't expect to just ride Steph game after game after game."ESPN - Sports -
Viking Therapeutics posts positive results for oral weight-loss drug. Analysts remain unanimous the stock’s a buy.
Data from a Phase 1 trial is the latest bullish news from the biotech that may offer cheap entry to weight-loss mania.MarketWatch - Business -
Novocure’s stock surges after positive results in brain-cancer trial
Novocure Ltd.’s stock soared 15% Wednesday after the company announced positive results from a late-stage trial of a medtech device to treat patients with lung cancer that has spread to their brains.MarketWatch - Business -
5 easy ways to earn big returns after your CD matures
A CD account is a smart option to invest in right now, but when your CD matures, there may be better options.CBS News - Top stories -
Russia extends journalist Evan Gershkovich's detention after nearly a year
A Moscow court on Tuesday extended the pretrial detention for The Wall Street Journal reporter Evan Gershkovich until the end of June. After hearing from prosecutors, Gershkovich's detention was extended until June 30, according to state-run news ...The Hill - Politics - Russia -
After Nearly 50 Years, McDonald's Just Made a Very Smart Announcement
You can see the pattern. But then this happens.Inc. - Business -
Top Wall Street analysts like these dividend stocks for portfolio income
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Bank of America and PepsiCo.CNBC - Business -
Nio’s stock touches 52-week low after Chinese EV maker cuts sales estimates
U.S.-listed shares of Nio Inc. on Wednesday hovered around a 52-week low after the Chinese electric-vehicle maker cut its current-quarter sales estimates.MarketWatch - Business -
Ajayi off to Gonzaga after big year at Pepperdine
Michael Ajayi, who averaged 17.2 points and 9.9 rebounds in his one season at Pepperdine, said Tuesday he is transferring to Gonzaga.ESPN - Sports -
Fisker’s stock tumbles further as talks with carmaker fall through
The EV company had been in talks with a big carmaker about a potential transaction, but that company has terminated negotiations.MarketWatch - Business -
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China releases South Korean soccer star after a nearly 1-year detention over bribery suspicions
A star South Korean soccer player who was detained and investigated in China for nearly a year over bribery allegations has been released and returned homeABC News - World - China -
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NASCAR Xfinity results at COTA: Kyle Larson wins in double overtime
Kyle Larson took advantage of aggressive moves from two other Xfinity drivers.Yahoo Sports - Sports - NASCAR -
Jamie Dimon sells $32 million in JPMorgan Chase stock as shares vest
JPMorgan Chase & Co. Chief Executive Jamie Dimon has sold another batch of stock about a month after he raised $150 million through an earlier insider transaction.MarketWatch - Business -
After 10 Short Years, Chick-fil-A Just Announced a Big Change
The Chick-fil-A decision is making headlines. But will it make a difference?Inc. - Business -
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer's sales higher in February.
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer’s sales higher in February.The Wall Street Journal - World -
Satisfaction with NHS falls to 40-year low
British Social Attitudes survey reflects impact of strikes and long waiting lists on health service in 2023Financial Times - World -
Fisker Says Deal Talks End, Adding Pressure to EV Maker
The negotiations were critical to giving the California company a lifeline to stave off bankruptcy. Shares traded below a dime.The Wall Street Journal - World -
Shares of Danish shipping giant Maersk tumble after Baltimore bridge accident
Shares of the Danish shipping and logistics giant A.P. Moeller Maersk tumbled on Tuesday as the company said it chartered the ship that crashed into the Francis Scott Key Bridge in Baltimore.MarketWatch - Business -
GameStop Confirms More Layoffs, Share Price Tumbles After Sales Slide
GameStop has published its latest earnings briefing, and as part of it, the video game retailer said it was cutting an unspecified number of jobs, according to Reuters.. These layoffs could be part of the previously announced plan to close a ...GameSpot - Tech -
Altimmune says weight loss drug minimized muscle loss in trial results, which may set it apart
The results are a sign that Altimmune can address an area of concern around weight loss drugs, which is that they shrink critical muscle mass.CNBC - Business -
Krispy Kreme soars 40% on deal with McDonald’s to sell its doughnuts nationwide
Krispy Kreme’s stock soared Tuesday, after the doughnut seller said its doughnuts will start becoming available at all of the fast-food giant’s U.S. restaurants.MarketWatch - Business -
Merck’s stock rallies toward a record after FDA OKs arterial-hypertension drug
Merck’s stock rallied into record territory Wednesday, after the drug giant’s treatment for pulmonary arterial hypertension, Winrevair, was approved by the U.S. Food and Drug Administration.MarketWatch - Business -
B&Q owner Kingfisher forecasts profits to fall this year
London-listed group strikes cautious note on DIY marketFinancial Times - Business -
US West hydropower production plunged to 22-year low last year
Hydropower generation in the U.S. West plunged to a 22-year low last year — an 11 percent drop from the year before, according to a new federal data analysis. The total amount produced in the region amounted to 141.5 million megawatt-hours, or ...The Hill - Politics -
Creighton outlasts Oregon 86-73 in double OT thriller to earn spot in Sweet 16 of March Madness
Steven Ashworth and Ryan Kalkbrenner made 3-pointers in the second overtime and Creighton edged past its former coach — Oregon’s Dana Altman — to move into the Sweet 16 with an 86-73 win in the Midwest RegionABC News - Sports -
Stocks surge after Fed indicates three rate cuts still coming this year
The S&P topped 5,200 for the first time Wednesday after the Federal Reserve said it was still targeting three rate cuts in 2024. Markets had feared hotter-than-expected inflation and jobs data would persuade the Fed to trim its timeline.CNN - Top stories - Federal Reserve -
Malnati with big break and great shot wins Valspar and earns trip to Masters
Peter Malnati is a PGA Tour winner again and this time is going to the MastersABC News - Sports -
Roméo Lavia’s Chelsea season over after one 32-minute appearance
Thigh injury rules out midfielder for rest of campaignHe has not played since December debut after £53m moveRoméo Lavia, who has played 32 minutes of competitive football since joining Chelsea for £53m in August, has been ruled out for the rest ...The Guardian - World -
After 57 Years, Southwest Airlines Is Making a Big Change That Will Surprise Its Longtime Customers
Southwest Airlines is famous for its longstanding cost-cutting practices that have made it an industry leader. One of those practices is about to change.Inc. - Business -
Baltimore bridge collapse could result in ‘one of the largest marine losses in history’: Lloyds of London CEO
John Neal said insurers will be liable to cover the costs of the crash that saw the Francis Scott Key Bridge collapse on TuesdayMarketWatch - Business -
‘Messes with the mind’: Hamilton hits 14-year low in Australian GP qualifying
Mercedes driver finishes 11th in Melbourne qualifying‘There is a long list of things to fix. Our car is on a knife-edge’Lewis Hamilton delivered a damning assessment of his Mercedes car, bemoaning that it “messes with the mind” after he was left ...The Guardian - World -
Yen Hits 34-Year Low as Hopes for BOJ Rate Increases Fade
The yen was partly undermined by comments from a Bank of Japan board member that the central bank would cautiously unwind its easy monetary policy.The Wall Street Journal - World -
Japan's yen hits 34-year-low, heating talk of intervention
The Japanese yen on Wednesday hit its weakest level since 1990, fueling debates about whether policymakers will intervene to prop up the currency.CNBC - Business - Japan -
Viking Therapeutics stock jumps more than 15% on promising weight loss pill data
The Viking study results add to the growing excitement around the biotech company and its potential in the budding weight loss market.CNBC - Business -
FirstFT: Xi meets American CEOs as businesses seek to mend China ties
Also in today’s newsletter, Trump’s Truth Social surges on stock market debut and Baltimore bridge collapse explainedFinancial Times - World - China -
U.S. Natural Gas Futures Post Big First-Quarter Losses
U.S. natural gas futures settled higher on a slightly bigger-than-expected 36 Bcf storage draw for last week, but end the first quarter down sharply.The Wall Street Journal - World -
U.S. stocks shot up nearly 30% in 5 months. Is it time to worry about a correction?
Investors betting on a ‘perfect’ landing will focus on PCE inflation data in the week aheadMarketWatch - Business