Cnooc Posts Record Net Profit
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We should plug the safety net’s biggest hole
Other affluent countries generally do more to ensure that such individuals have a roof over their heads, food on the table and basic health care. We should as well, for their benefit as well as ours as a nation.The Hill - Politics -
Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
As protections and relief options for federal student loan borrowers grow, refinancing your debt may be a risky move, consumer advocates say.CNBC - Business - Joe Biden -
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 -
Israel troops posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories - Israel -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
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 -
Why we’re relaunching our guide to post-Brexit Britain
Upgrading state will take more than money; plus, businesses bewail new hostile environment for overseas graduatesFinancial Times - Business - United Kingdom -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
'That was a lie!': Trump's lawyer gets heated during questioning of former fixer Michael Cohen
Michael Cohen will be back on the witness stand to continue facing off against Donald Trump's defense as the historic criminal case against the former president nears an end.NBC News - Top stories - Donald Trump -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Post-Brexit deal on border between Gibraltar and Spain remains unresolved
European Commission vice president, Maroš Šefčovič, cites progress on trade and economy for territory but not border checks. Talks on a post-Brexit deal to govern the border between Gibraltar and Spain have broken up without an agreement, although ...The Guardian - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Alan Bates rejects second Post Office compensation offer
The latest offer amounted to around a third of what the campaigner had asked for.BBC News - Top stories -
TikTok says it's testing letting users post 60-minute videos
TikTok is allowing select users to upload longer-form videos as the social media app looks to compete with YouTube.CBS News - Top stories - Tiktok -
French post office releases scratch-and-sniff baguette stamp
‘Bakery scent’ added via microcapsules to postage stamp celebrating ‘jewel of French culture’. The French Post Office has released a scratch-and-sniff postage stamp to celebrate the baguette, once described by President Emmanuel Macron as “250 ...The Guardian - World - France -
Crozier’s claim he was unaware of Post Office scandal undermined by letters
Newly found correspondence includes a 2009 email from Jeremy Hunt raising constituents’ concerns about HorizonFinancial Times - Business