Walgreens Plans Major U.S. Store Closures; Shares Tumble
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Financial Times - World
The EU’s trade plan for a potential second Trump term
Brussels will offer a quick deal then threaten retaliation against tariffs5 days ago - Donald Trump -
Financial Times - World
FirstFT: Venezuelans protest disputed election result
Also in today’s newsletter, Donald Trump courts crypto industry and Starbucks’ fall from grace5 days ago -
The New York Times - Business
The Stranger in Seattle Gets a New Owner, With Plans for Expansion
Noisy Creek, a new media company, has bought The Stranger and The Portland Mercury, two of the country’s best known alternative weeklies.4 days ago -
The Hill - Politics
Biden’s plan to Venezuela-ize the US Supreme Court
President Joe Biden is calling for Supreme Court reform, including 18-year term limits and an enforceable code of ethics, similar to the reforms implemented in Venezuela, which have resulted in the country's Supreme Tribunal of Justice becoming an ...4 days ago - Joe Biden -
The Wall Street Journal - World
Bill Ackman Downsizes His IPO Plans Again
A new investment fund from Bill Ackman expects to raise around $2 billion in an initial public offering, below what the billionaire investor expected as recently as last week and well below his initial $25 billion vision.4 days ago -
BBC News - Top stories
Rayner sets new housing targets in planning overhaul
The government is changing how targets are set in England, in a bid to boost housebuilding.4 days ago -
The Wall Street Journal - World
The 2024 Presidential Debate Plan Was Set. Now It's Chaos.
With less than 100 days before the election, the Harris and Trump campaigns are discussing whether and how often to face off, with TV networks competing to host.4 days ago -
The New York Times - World
Venezuelan Political Leaders Call for Rallies Over Contested Election Results
The fatal violence comes as both President Nicolás Maduro and the opposition claimed victory in the presidential election. More protests were taking place on Tuesday.4 days ago -
Financial Times - Business
Microsoft’s AI spending plans should stack up
The software and cloud giant and AMD tell similar story of pent-up demand4 days ago - Microsoft -
The New York Times - Business
Bill Ackman Abruptly Withdraws Planned I.P.O.
The announcement came a day after he had scaled back the expected size of the offering.3 days ago -
VentureBeat - Tech
Biden Administration plans to monitor open weight AI models
The NTIA recommended continued monitoring of open-weight AI models, as AI model developers await potential AI regulations.3 days ago - Joe Biden -
The Hill - Politics
The unintended consequences of Trump’s ‘No Tax on Tips’ plan
We should expect our leaders to understand the life most of us live and how their policies will matter to us. No Tax on Tips gives us a clue.3 days ago -
The Hill - Politics
Judging Biden’s Supreme Court reform plan
The Supreme Court needs reform if it is ever to regain public confidence.2 days ago - Joe Biden -
VentureBeat - Tech
Intel plans to lay off 15% of workforce — at least 15,000 people
Intel announced that it will lay off 15% of its workforce as part of a broad cost-reduction program.2 days ago -
BBC News - Top stories
Government shelves £1.3bn UK tech and AI plans
The future of a number of major products - including a new UK supercomputer - are now in doubt.2 days ago - United Kingdom -
BBC News - Top stories
Vault memorial planned for Legacy funeral families
The permanent memorial would include an area for storing ashes found during the police inquiry.2 days ago -
ESPN - Sports
Saudis plan WC stadium 350m above ground
Saudi Arabia has included plans to construct eleven new stadiums, including one that will be built 350-metres above the ground, as part of its formal bid to stage the 2034 FIFA World Cup.2 days ago -
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BBC News - Top stories
Trump and Harris at odds over presidential debate
The two candidates trade barbs as broadcasters negotiate details of new debates ahead of the November election.17 hr ago - Donald Trump -
ABC News - Tech
A parody ad shared by Elon Musk clones Kamala Harris' voice, raising concerns about AI in politics
A video using an artificial intelligence voice-cloning tool to mimic the voice of Vice President Kamala Harris saying things she did not say is raising concerns about the power of AI to mislead ahead of November’s elections5 days ago - Elon Musk -
The Hill - Politics
Barbara Lee: Musk sharing fake Harris video shows need for AI guardrails
Rep. Barbara Lee (D-Calif.) denounced a deepfake video shared by Elon Musk impersonating Vice President Harris, adding support Monday for regulation of the use of artificial intelligence (AI). The video Musk shared Friday on social platform X ...5 days ago -
ABC News - Top stories
WATCH: Woman and her golden retriever share sweet embrace at home before her son is born
Ramsey wanted to give his mom a hug before she delivered her baby.5 days ago -
MarketWatch - Business
The owner of Bed Bath & Beyond and Overstock says it’s winning back customers, and shares are rallying
Shares of Beyond Inc., the company that owns Bed Bath & Beyond and Overstock, jumped after hours on Monday after the online home-goods retailer reported quarterly results that weren’t as bad as expected, helped by a gain in active customers.5 days ago -
MarketWatch - Business
Diageo shares plunge as Guinness seller posts first drop in sales since pandemic
Diageo reported its first drop in sales since 2020 on the back of a sharp 21% slump in revenue from its struggling Latin American and Caribbean division5 days ago -
CNBC - Business
CrowdStrike shares plunge 9.7% to lowest level of the year on report that Delta may seek damages
CrowdStrike shares fell after CNBC reported on Monday that Delta hired an attorney to seek compensation following the July 19 global IT outage.4 days ago -
CNBC - Business
Merck shares fall 9% despite earnings beat, strong demand for top drugs like Keytruda
The drugmaker raised its full-year sales forecast to $63.4 billion to $64.4 billion on increased demand for key products, particularly oncology treatments.4 days ago -
CNBC - Business
JetBlue shares jump 12% after surprise profit, $3 billion aircraft spending deferral
JetBlue is deferring more Airbus planes to save money4 days ago -
CNBC - Business
Microsoft shares dip as cloud miss overshadows better-than-expected revenue and earnings
Microsoft said it was still supply-constrained for delivering artificial intelligence services to cloud clients. But executives called for cloud acceleration.3 days ago -
The Guardian - World
Microsoft beats revenue forecasts but poor performance of cloud services drags share price
Firm’s earnings were up 15% year-on-year, but Azure’s lower returns resulted in share prices falling by as much as 7%. Microsoft outperformed analyst predictions in its latest quarterly earnings report, revealing on Tuesday that its revenue was up ...4 days ago - Microsoft -
CNBC - Business
HSBC shares rise 3% after profit beat, $3 billion buyback announcement
HSBC posted a narrow decline in pretax profit in the first half of the year, but beat expectations on the back of a high-interest rate environment.4 days ago -
CNBC - Business
Johnson Controls CEO to retire after 'constructive' conversations with activist Elliott; shares surge
George Oliver's retirement is the latest CEO change prompted by activist Elliott's involvement, and comes after the HVAC giant sold off a key business to Bosch.3 days ago -
CNBC - Business
Nvidia shares soar 13% after Microsoft quells fears that AI buildout is too fast
Microsoft plans to spend even more on Nvidia-based infrastructure next year than it did in 2024.3 days ago - Microsoft -
CNBC - Business
GEHC gives reasons to look beyond temporary China woes and shares reverse higher
GE Healthcare management continues to execute at a high level on what they can control.3 days ago - China -
ABC News - Tech
Facebook parent Meta posts stronger-than-expected Q2 results, sending shares higher after hours
Investments in artificial intelligence will account for a significant increase in Facebook parent company Meta’s expenses in the coming year, but stronger-than-expected revenue from its advertising business was enough to reassure investors that ...3 days ago - Facebook -
ABC News - Tech
Facebook parent Meta reports stronger than expected Q2 results, sending shares higher in after-hours trading
Facebook parent Meta reports stronger than expected Q2 results, sending shares higher in after-hours trading3 days ago - Facebook -
MarketWatch - Business
Freight demand is weak, but cost cuts help C.H. Robinson boost profits. Shares are rallying.
Shares of shipping logistics provider C.H. Robinson Worldwide Inc. rallied on Wednesday after the company reported a second-quarter adjusted profit that topped Wall Street’s estimates, helped by tighter operations in its key North American ...3 days ago -
CNBC - Business
Shell beats second-quarter profit expectations, launches $3.5 billion share buyback program
Shell on Thursday posted stronger-than-expected second-quarter profit after issuing a warning over lower fossil fuel prices and refining margins.3 days ago -
CNBC - Business
Rolls-Royce shares soar to all-time high on reinstated dividend, raised profit guidance
Shares of Rolls-Royce jumped to an all-time high after the company reinstated its dividend and raised its profit forecast.3 days ago -
ABC News - Tech
Japan rivals Nissan and Honda will share EV components and AI research as they play catch up
Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for autonomous driving3 days ago - Japan -
CNBC - Business
Wayfair CEO likens home goods slowdown to 2008 financial crisis
Online home goods company Wayfair has seen sluggish demand against high interest rates, but reprieve could come if the federal reserve cuts rates in September.2 days ago