Executive Chairman Stock Plunges
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A Handful of Plunging Stocks Suggests the Consumer Is Not All Right
Investors sold off Starbucks, DoorDash, and Netflix after weak earnings.Inc. - Business -
Flight Centre's Top Executive Sees Growth Without Major M&A
Flight Centre’s top executive says the Australia-based travel company is well-positioned to grow without more major deals, though smaller acquisitions are still possible in specialized areas.The Wall Street Journal - World -
Why has hiring plunged for white-collar jobs?
According to the Labor Department, job growth slowed across the U.S. in April but remained healthy. While the number of jobless claims remains historically low, a Business Insider report is warning of a possible white-collar recession. Aki Ito, ...CBS News - Top stories -
Watch: Bridge buckles and plunges into Brazil river
Footage shows a man narrowly avoiding falling into the water as a bridge gives way.BBC News - Top stories - Brazil -
‘Full-blown famine’ in northern Gaza, says World Food Programme executive director Cindy McCain
Cindy McCain, executive director of the World Food Programme, tells Kristen Welker there is a “full-blown famine” in northern Gaza, based on her organization’s observations.NBC News - Politics -
Paramount’s new ‘Office of the CEO’ now has a principal executive — while its ex-CEO will still collect a hefty paycheck
Paramount Global has named Chris McCarthy as interim principal executive officer of its new three-executive leadership team, the media conglomerate said.MarketWatch - Business -
Luis Arraez trade: Marlins executive explains 'difficult' decision to send two-time All-Star to Padres
The Marlins felt their return was "too good" to pass upCBS Sports - Sports - MLB -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
Stock Funds Fell 5% in April
Month’s pullback still leaves performance in the green so far in 2024. Also: A flashback to the 40th anniversary of the Continental Illinois banking crisis.The Wall Street Journal - World -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
How Belgium’s Socialists want to plug the EU’s spending gaps
Also in this newsletter: why immigration is reopening old Brexit wounds in IrelandFinancial Times - World -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
A bus plunges into a rocky ravine in northern Pakistan, killing 20 people and injuring 30 others
A bus has plunged into a rocky ravine in northern Pakistan after its driver lost control, killing 20 people and injuring 30 othersABC News - World -
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Warren Buffett says AI may be better for scammers than society. And he's seen how
Buffett cautioned the tens of thousands of shareholders at his annual meeting.ABC News - Top stories -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Jim Cramer's top 10 things to watch in the stock market Friday
The Dow, S&P 500 and Nasdaq set to surge at Friday open after much weather-than-expected jobs growth in April.CNBC - Business -
Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
There's More to Warren Buffett's Game Than Just Picking Great Stocks
The innovative structure of Berkshire Hathaway stands out—and benefits shareholdersThe Wall Street Journal - World -
Why Coinbase’s stock is shrugging off a monster earnings beat
Analysts saw a few reasons to quibble, including a potential slowdown this quarter.MarketWatch - Business -
Here's what's driving Friday's stock action in Apple, Coterra and Eli Lilly
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.CNBC - Business -
Here’s what is so amazing about Apple’s stock buybacks
Also: Mario Gabelli talks about how he selects stocks for long-term investment.MarketWatch - Business