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JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
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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 -
Ohtani Day to be annual celebration in L.A.
The city of Los Angeles has declared May 17 Shohei Ohtani Day, with the city council passing a resolution to make this an annual observance for the duration of Shohei Ohtani's Dodgers career.ESPN - Sports -
Map shows states where COVID is "likely growing"
Health authorities are watching for signs the virus might be starting to accelerate again after a springtime lull in COVID rates.CBS News - Top stories - Covid -
Social Security’s annual report is terrible news for seniors
The revised forecast doesn’t mean we can worry lessMarketWatch - Business -
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An annual rich list says Paul McCartney is Britain's first billionaire musician
Paul McCartney is a billionaire BeatleABC News - Entertainment -
An annual rich list says Paul McCartney is Britain's first billionaire musician
Paul McCartney is a billionaire BeatleABC News - Top stories -
An annual rich list says Paul McCartney is Britain's first billionaire musician
Paul McCartney is a billionaire BeatleABC News - World -
Paul McCartney is Britain's 1st billionaire musician, according to annual rich list
Paul McCartney is a billionaire Beatle.The Hill - Politics -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
PEN America, facing criticism over its response to the Mideast war, gathers for annual gala
PEN America gathered Thursday night for its annual gala, a high-profile event raised even higher because some wondered if it would be held at allABC News - Entertainment -
NRA kicks off annual meeting as board considers successor to longtime leader LaPierre
The National Rifle Association is kicking off its annual meeting in downtown Dallas, gathering for the first time in decades without Wayne LaPierre at the helm as board members prepare to elect his replacementABC News - Top stories -
Case Against Lodi, a Top NYC Restaurant, Could Lower Barriers to Unions
The National Labor Relations Board says the management at Lodi unlawfully fought a union drive. If the allegations are upheld, the board could force the company to bargain.The New York Times - Top stories -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
Asia-Pacific Innovative Lawyers
Generative AI and global tensions are shaping the legal agenda as lawyers respond to political and economic uncertainty, climate change and workloads. Plus: best practice case studies and a spotlight on JapanFinancial Times - World -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
My real-estate agent says my house ‘smells like dog.’ Is this a ploy to lower the price?
“I have a very good nose, and it smells like the inside of an air freshener.”MarketWatch - Business -
Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates
Spirit AeroSystems makes fuselages at the plant for Boeing's bestselling 737 Max plane, deliveries of which have slowed in the wake of a door panel blowout.CNBC - Business -
Summer McIntosh lowers her own world record in 400 IM at Canadian Olympic trials
Summer McIntosh has lowered her own world record in the 400-meter individual medley at the Canadian Olympic trialsABC News - Sports -
Can mindfulness really make you happy, lower your blood pressure and improve your sleep? Experts reveal all
Mindfulness is said to help everything from anxiety to overeating. But how does it work? Experts separate fact from fiction . FALSE “Mindfulness is the opposite of ‘emptying the mind’; it is fully immersing the mind in precisely what you are ...The Guardian - World -
1 in 5 credit cards are maxed out: 5 ways to lower your balance
If you're dealing with maxed-out credit card accounts, these strategies can help cut down on what you owe.CBS News - Top stories -
The U.S. economy and inflation might be cooling off, but lower interest rates are still far away
Is the economy headed in the right direction? Wall Street investors certainly think so. They drove U.S. stocks to a record high this week. Why the optimism?MarketWatch - Business