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Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.CBS News - Top stories -
Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Suit: Bad Bunny's agency hit with 'death penalty'
Rimas Sports, the agency founded by recording artist Bad Bunny, is accusing the Major League Baseball Players Association of "placing a death penalty" on the agency, according to a federal lawsuit the company filed Thursday.ESPN - Sports -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
The Dow just hit 40,000. Here's a look at how it got here.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.NBC News - Top stories -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Lizzy McAlpine follows her breakout hit with an 'Older,' and wiser, tour
Lizzy McAlpine's song "Ceilings" went viral on TikTok last year. Her new album "Older," coming to the Greek Theatre, sounds nothing like it.Los Angeles Times - Entertainment -
Democrats rally against GOP Israel bill as leaders crack whip
Democrats are rallying to oppose a House GOP effort meant to expose their divisions on Israel as the party moves to align with President Biden, who has threatened to veto the measure, and their own leaders who are whipping against it. The ...The Hill - Politics - Israel -
Heat Stress Is Hitting Caribbean Reefs Earlier Than Ever This Year
Scientists in the United States are reporting “unprecedented patterns” of surface warming, an ominous sign for coral.The New York Times - World -
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Microsoft offers staff to relocate from China
Offer comes as tensions rise between Washington and Beijing over sensitive technologyFinancial Times - Business - Microsoft -
China must learn from Japan’s ‘lost decades’
The consequences of the world’s second-largest economy being sucked into a deflationary spiral would be severeFinancial Times - World - China -
Why Putin is meeting with Xi Jinping in China
Russian President Vladimir Putin is in China meeting with President Xi Jinping to deepen the partnership between the two countries. Mary Ilyushina, a reporter for the Washington Post, joins CBS News with more.CBS News - Top stories - China -
Putin, Xi meet in China to reaffirm close ties
China rolled out the red carpet for Russian President Vladimir Putin, who met with Chinese President Xi Jinping in Beijing on Thursday. It was the second meeting between the two autocratic leaders in seven months. Ian Bremmer, president of the ...CBS News - Top stories - China -
Is China's bubble tea bubble about to burst?
Chinese bubble tea shares fizzle raising questions about the industry and Hong Kong's stock market.BBC News - Top stories - China -
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Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
Putin meets Xi as Russia-China ties flourish amid tension with U.S.
Xi Jinping welcomes Vladimir Putin to Beijing - talking peace in Ukraine amid a backdrop of war and growing tension with the U.S. and NATO.CBS News - Politics - China -
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An Unfinished Film review – moving and mysterious movie about China’s Covid crisis
Cannes film festivalLou Ye’s docu-realist film starts as sophisticated comedy, morphs from looking like a zombie apocalypse to intimate drama, and evolves into a tribute to how a nation handled trauma. Out of agony and chaos, Chinese film-maker ...The Guardian - World - Covid -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
The US has approved more flights for China, but the real winner is Russia
While it is certainly understandable that the Biden administration wishes to reestablish the bilateral services agreement with China, there is a better way to do so.The Hill - Politics - China -
Microsoft Asks Some China Staff to Relocate Amid Sino-US Tensions
The group of mostly Chinese nationals work on cloud computing and machine learning, which are now flashpoints in the growing U.S.-China rivalry.Inc. - Business - China -
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The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - Politics