Western unity is critical, but Ukraine needs more than tanks to win this war
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On Holding more than doubles profit
On Holding, the Swiss apparel maker backed by tennis legend Roger Federer, said its first-quarter profit more than doubled on strong direct-to-consumer sales.MarketWatch - Business -
The latest on Russia's war in Ukraine
Russia is pushing into northeastern Ukraine near Kharkiv after making several major advances there over the past week. Follow for live updates.CNN - Top stories - Ukraine -
Ukraine Needs Money to Fight. Can Seized Russian Assets Help?
Kyiv’s supporters are discussing how to use the interest earned by frozen Russian assets to help pay for weapons and postwar reconstruction.The New York Times - World - Ukraine -
Producer Prices Rose More Than Expected in April
Producer Prices Rose More Than Expected in AprilThe Wall Street Journal - World -
Tesco chief’s pay more than doubles to £10mn
Ken Murphy earns performance-linked bonuses of £8.3mn after hitting targetsFinancial Times - Business -
Tesco boss's pay more than doubles to £10m
Ken Murphy's package includes a pay-out from shares awarded after he joined the supermarket giant.BBC News - Top stories -
May 14, 2024 - Russia's war in Ukraine
Antony Blinken met with Volodymyr Zelensky in Kyiv earlier Tuesday, where the Ukrainian president told the US secretary of state that Ukraine urgently needs more air defenses.CNN - Top stories - Ukraine -
Russian Gains in Ukraine War Worry U.S. Officials
Multiple factors are helping Russia’s military advance, including a delay in American weaponry and Moscow’s technological innovations on the battlefield.The New York Times - Top stories - Ukraine -
NASCAR needs to think bigger than a $1 million prize for the All-Star Race and in-season tournament
The All-Star Race winner's bonus has been the same since 2003. But $1 million in 2003 is $1.7 million in 2024 after inflation.Yahoo Sports - Sports - NASCAR -
National-debt interest now costs more than Medicare or defense
Last week we got “good news” on Social Security and Medicare. Here’s the rest of the story.MarketWatch - Business -
Wholesale prices rose 0.5% in April, more than expected
The producer price index was expected to increase 0.3% in April, according to the Dow Jones consensus estimate.CNBC - Business -
Huge billboard toppled by storm kills more than a dozen people in India
A metal billboard bigger than an Olympic swimming pool crumpled onto a gas station in Mumbai, killing at least 14 people and wounding dozens more.CBS News - World -
Federal student loan interest rates highest in more than a decade
The Department of Education announced Tuesday that federal student loan interest rates for the 2024-2025 school year hit 6.53 percent, up from 5.5 percent the previous year. Higher education expert Mark Kantrowitz told CNBC the new undergraduate ...The Hill - Politics -
Israeli tanks reach residential areas as IDF pushes further into Rafah
Witnesses report clashes in streets after seeing tanks cross strategically important Salah al-Din road. Israeli tanks have advanced further into eastern Rafah, reaching some residential districts of the southern border city in Gaza.. Witnesses ...The Guardian - World - Israel -