The maker of Tommy Bahama says shoppers are still hesitant. It’s investing in new stores anyway.
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Intel said its revenue for the current quarter would be lower than expected amid new restrictions on sales by chip makers to Huawei.
Intel said its revenue for the current quarter would be lower than expected amid new restrictions on sales by chip makers to Huawei.The Wall Street Journal - World -
These 3 precious metal investments make sense right now, experts say
Gold isn't the only precious metal you might want to buy in today's market.CBS News - Top stories -
Mnuchin still considering TikTok purchase, says technology could be rebuilt
Former Treasury Secretary Steven Mnuchin said Tuesday that he is still “very interested” in buying TikTok and suggested its technology could be rebuilt even if the Chinese government bars the app’s China-based parent company ByteDance from selling ...The Hill - Politics - Tiktok -
Israel says Gaza border crossing reopened, but UN says aid still stuck
Israel on Wednesday said it reopened a key border crossing into Gaza after it was closed off last weekend following a Hamas rocket attack that killed four Israeli soldiers, but the United Nations says crucial humanitarian aid for the Palestinian ...The Hill - Politics - Israel -
Chinese EV maker Nio to launch its lower-priced brand Onvo on May 15
Chinese electric car company Nio said Thursday it will launch its lower-priced brand called Onvo on May 15.CNBC - Business -
Trump says new FBI headquarters should be in DC
Former President Trump on Tuesday said he supports keeping the Federal Bureau of Investigations' headquarters in Washington, D.C., amid ongoing controversy over the bureau's new headquarters location. "THE NEW FBI BUILDING SHOULD BE BUILT IN ...The Hill - Politics - Donald Trump -
My Mom and Dad Owned Competing Side-by-Side Hardware Stores. It Was a Lesson in Life.
They couldn’t have been more different as business owners, so it was also an education in entrepreneurship.The Wall Street Journal - World -
My Mom and Dad Owned Competing Side-by-Side Hardware Stores. It Was a Lesson in Life.
They couldn’t have been more different as business owners, so it was also an education in entrepreneurship.The Wall Street Journal - Business -
Gold bars are selling like hot cakes in Korea's convenience stores and vending machines
Aside from ramen and sausages, South Korea’s convenience stores have a new popular item on the menu — gold bars.NBC News - Top stories -
Megacap tech may be the ultimate ‘quality’ play in an uncertain economy, The ETF Store president suggests
Technology is currently the largest sector in the S&P 500 per FactSet, comprising nearly 30% of the index.CNBC - Business -
America is investing in Ukrainian failure
If the West and Kyiv continue to ignore reality and cling to the fiction that with enough time and money they can win the war, the chances rise to dangerous highs that Ukraine will eventually be presented with terms of surrender.The Hill - Politics - Ukraine -
Southern Brazil is still reeling from massive flooding as it faces risk from new storms
Authorities in southern Brazil are rushing to rescue survivors of massive flooding that has killed at least 100 people, but some residents are refusing to leave belongings behind while others are returning to evacuated homes despite the risk of ...ABC News - World -
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Angry shoppers are fighting back against inflation — even the wealthy ones. Companies are feeling it.
“Let’s stop buying from these jokers,” one consumer said. “I bet they reduce these prices real quick.”MarketWatch - Business -
Lone Pine Capital Resumes Private-Market Investments
Investment firm Lone Pine Capital resumed backing private companies, more than two years after shifting its focus to publicly traded businesses.The Wall Street Journal - World -
Biden announces Microsoft investment for AI datacenter in Wisconsin
Watch live coverage as President Biden travels to Racine, Wis., to deliver remarks on his economic agenda and announce a $3.3 billion investment by Microsoft to build a new artificial intelligence datacenter.NBC News - Top stories - Joe Biden -
Voters in new poll say they're not very familiar with Biden domestic spending initiatives
Voters in a new poll say they are not familiar with President Biden’s domestic spending initiatives, with many sharing that they know nothing at all about major laws that have passed during this administration. A new Politico-Morning Consult poll ...The Hill - Politics - Joe Biden -
Dogs entering US must be 6 months old and microchipped to prevent spread of rabies, new rules say
New U.S. rules require all dogs coming into the U.S. to be at least 6 months old and microchipped to help prevent the spread of rabiesABC News - Health -
Dogs entering US must be 6 months old, microchipped, new rules say
New U.S. rules require all dogs coming into the U.S. to be at least 6 months old and microchipped to help prevent the spread of rabiesABC News - Top stories -
Gun violence misinformation has found a new home on Chinese language social media, report says
Growing misinformation about gun violence is permeating Chinese-language social media, a new report shows.NBC News - Top stories -
Biden says Microsoft's new data center in Wisconsin expected to create thousands of jobs
President Biden highlighted Microsoft's plans to build a new data center during his recent visit to Wisconsin, saying it would be transformative and likely create thousands of jobs. CBS News campaign reporter Aaron Navarro has more.CBS News - Top stories - Joe Biden -
Wells Fargo Hires Ex-JPMorgan Investment-Bank Boss Fernando Rivas
The San Francisco lender is focused on expanding its relatively small investment bank.The Wall Street Journal - World -
Biden gives remarks on Investing in America agenda in Wisconsin: Watch live
President Biden is speaking Wednesday at an event in Wisconsin to highlight a new, multibillion-dollar Microsoft AI facility. The project is expected to employ thousands of workers in construction and operation. The site in Racine County, south of ...The Hill - Politics - Joe Biden -
China's Xi arrives in Hungary for talks on expanding Chinese investments
Chinese President Xi Jinping has arrived in Hungary, the final stop on his five-day European tourABC News - World - China -
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Brookfield Sees 'Stable' Markets Driving Both Investments and Asset Sales
The Canadian infrastructure-focused asset manager has invested $11 billion during this year’s first quarter.The Wall Street Journal - World -
FirstFT: Toyota plans investments in EVs and AI to compete against Chinese rivals
Also in today’s newsletter, Hong Kong court bans protest anthem and Xi Jinping praises Hungary’s ‘independent’ foreign policyFinancial Times - World -
China’s BYD and Neta target Indonesia market with EV investments
Automakers plan local operations to break into market dominated by Japanese playersFinancial Times - World - China -
Private equity targets India’s healthcare sector with record investments
Increases in doctors’ bills, insurance and ‘lifestyle diseases’ are expected to boost hospital revenuesFinancial Times - World