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Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Scheffler statement: 'There was a big misunderstanding'
Scottie Scheffler was arrested following an incident with an officer outside the entrance to Valhalla Golf Club.Yahoo Sports - Sports -
Evening Report — Cohen faces questions about background, past lies
A quick recap of the day and what to look forward to tomorrow {beacon} Evening Report © Elizabeth Williams via AP Cohen takes a grilling on Trump trial witness stand Michael Cohen, former President Trump's one-time lawyer and "fixer" took ...The Hill - Politics -
‘Her stories are life itself’: Yiyun Li on the genius of Alice Munro
The Chinese American author of The Book of Goose pays tribute to the late writer, reflecting on the rich rewards of revisiting her stories over many years. A life in quotes: Alice MunroFive of the best Alice Munro short storiesTwo days after Alice ...The Guardian - World -
Li Auto says order intake misses expectations as earnings slump
Chinese electric vehicle maker Li Auto said order intake was worse than expected in March as its profit declined in the first quarter.MarketWatch - Business -
Craig Wright Lied About Creating Bitcoin and Faked Evidence, Judge Rules
A UK judge has determined that Craig Wright forged evidence in a campaign to prove he is Satoshi Nakamoto, creator of Bitcoin, in a move that prevents him from bringing further lawsuits in the country.Wired - Tech - Crypto -
Li Auto Shares Shed 19% on Weak Earnings, Tough Outlook
Shares fell sharply in Hong Kong after the Chinese hybrid-vehicle specialist unveiled weaker-than-expected earnings and guidance following a lackluster launch of its first fully-electric model.The Wall Street Journal - World -
Nvidia’s rivals take aim at its software dominance
OpenAI-led push for an alternative to ‘Cuda’ seeks to break chipmaker’s stranglehold on AI marketFinancial Times - Business -
Why von der Leyen doesn’t want to join the US in a trade war with China
Also in this newsletter: is Austria’s top green politician a compulsive liar?Financial Times - World - China -
The Big Decision Before the Trump Verdict
Whether the jury weighs misdemeanor charges could affect both the outcome and any appeal.The Wall Street Journal - World - Donald Trump -
Trump trial updates: Cohen faces Trump team grilling over past lies, recollections
Follow the latest developments in former President Donald Trump's criminal hush money trial in New York.ABC News - Top stories - Donald Trump -
Academic and doctor Chris van Tulleken: ‘Ultra-processed products are food that lies to us’
The author on how his mission to improve our national diet began – and where it needs to go. Chris van Tulleken has suggested we meet at his local pizza place, Sweet Thursday, in Hackney, east London. If the choice seems counterintuitive for a man ...The Guardian - World -
Meghan mania and big skirts: Africa's top shots
A selection of the week's best photos from across the African continent.BBC News - Top stories -
Murray 'feels great', 'hungry' for big Game 7
Nuggets guard Jamal Murray, dealing with a right elbow injury he picked up in Game 6, went through a full practice Saturday and is "feeling great."ESPN - Sports -
Baby Reindeer 'a big problem' for Netflix and Gadd - Morgan
Journalist Piers Morgan says there are issues to be addressed by the programme makers.BBC News - Top stories - Netflix -
Prada chief rules out big acquisitions
Andrea Guerra suggests Italian luxury group is not looking to snap up competitors such as Armani or VersaceFinancial Times - Business -
England's Euro 2024 squad - Southgate's big decisions
England manager Gareth Southgate picks his initial Euro 2024 squad on Tuesday and faces a few difficult selection issues.BBC News - Top stories -
Li Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in expenses.
Li Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in expenses.The Wall Street Journal - World -
Schumer’s slow-walk on AI ‘regulation’ is a nothing but a boon for Big Tech
, Sen. Schumer has burned another year and wasted another opportunity to advance the conversation, as the dangers of AI overreach and huge corporate concentration have grown more grave.The Hill - Politics -
Big rise in diseases linked to ageing and lifestyle increases healthcare burden
Findings on ‘metabolic risk factors’ reflect shift in biggest threats since start of 21st centuryFinancial Times - Business -
Michigan to begin alcohol sales at Big House for 2024 football season
Michigan fans have another reason to celebrate in 2024.Yahoo Sports - Sports -
Lainey Wilson the big winner at 2024 Academy of Country Music Awards
Lainey Wilson took home female artist of the year and the top prize of entertainer of the year at the 2024 Academy of Country Music Awards.CBS News - Entertainment -
"Next Iteration" Of Big 2K Games Franchise Will Be Revealed At Summer Game Fest
Summer Game Fest is promising the unveiling of the "next iteration" in a big 2K Games franchise next month, coming shortly after Take-Two Interactive mentioned as such in an earnings briefing. No clues were dished out, but that's not stopping ...GameSpot - Tech -
Too Big or Not Enough? China Housing Bailout Treads a Fine Line
Beijing will try to provide enough support to absorb unsold apartments while not sparking a new bubble.The Wall Street Journal - World - China -
Trump's hush money trial makes big money for professional line-standers
The hottest ticket in New York City is Trump's hush money trial and some are willing to pay big to get to see testimony from Stormy Daniels, Michael Cohen, and more.NBC News - Top stories - Donald Trump -
AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
Some consumers are punting big purchases like pools and mattresses
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.CNBC - Business -
The 5 changes to the 401(k) that could make a big difference to your retirement
From blocking preretirement withdrawals to accounting for long-term care of family members, improving the nation’s most popular retirement-investing tool is one of the Best New Ideas in Money.MarketWatch - Business -
Jace Hall wants to talk about how to celebrate gamers and their big achievements
Jace Hall, the CEO of Twin Galaxies, has a big idea to bring attention to gamers and their achievements.VentureBeat - Tech -
Some consumers are punting big purchases like pools and mattresses
Americans are kicking the can down the road on some more costly, traditionally financed purchases as elevated inflation and interest rates bite.NBC News - Top stories -
China’s ‘AI-in-a-box’ products threaten Big Tech’s cloud growth strategies
Huawei leads trend of providing companies with means to power their own artificial intelligence apps rather than through public cloudFinancial Times - World - China -
'What Was I Thinking?' The Big-Ticket Items People Regret
People spend a lot of money on all sorts of things, only to later ask themselves: “What was I thinking?”The Wall Street Journal - World -
Trevor Lawrence hasn't lived up to the hype. The Jaguars still need to pay him big
Ignore the noise whenever this contract comes through. Lawrence has earned it and the Jaguars would be foolish to go in an alternate path.Yahoo Sports - Sports -
Taiwan’s President Vows to Keep Island Safe Amid Chinese Pressure
President Lai Ching-te has pledged to stay on his predecessor’s narrow path of resisting Beijing without provoking it. It won’t be easy.The New York Times - World -
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What's next for Nuggets? Why there are no big changes -- or easy answers -- coming in Denver
Denver's fixes need to come from within after falling short against the WolvesCBS Sports - Sports -
Biden courts battleground state Black voters with two big speeches
In Atlanta, Georgia, and Detroit, Michigan, the president made overtures to Black voters while addressing Gaza and attacking Trump.CBS News - Top stories - Joe Biden -
Will Trump Run for President as a Felon in the 2024 Election?
The ruling in the trial of the former president and presumptive Republican nominee, which could come next week, could be a deciding factor in a tight race.The New York Times - Top stories - Donald Trump -
The big idea: the simple trick that can sabotage your critical thinking
Influencers and politicians use snappy cliches to get you on side – but you can fight fire with fire. Since the moment I learned about the concept of the “thought-terminating cliche” I’ve been seeing them everywhere I look: in televised political ...The Guardian - World -