Fairly Low Expectations
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Australian Low-Cost Carrier Bonza Goes Into Administration
Bonza, a startup low-cost carrier in Australia that competed with local heavyweights Qantas and Virgin Australia on some routes, has gone into administration, a process similar to U.S. bankruptcy.The Wall Street Journal - Business - Australia -
Warner Bros. Discovery stock falls to all-time low
Shares in Warner Bros. Discovery plummeted to an all-time low Tuesday, as the company fights to retain broadcasting rights to the NBA and shore up Wall Street's confidence in its financial future. The company's stock was trading at less than $8 ...The Hill - Politics -
UK inflation: From too high, to too low?
Time to ease the squeezeFinancial Times - World - United Kingdom -
Fantasy Baseball Trade Analyzer: Buy low/high and sell low/high candidates as we flip to May
With the calendar turning to May, fantasy baseball analyst Fred Zinkie offers some trading tips to managers looking to shake things up.Yahoo Sports - Sports -
DBS Earnings Beat Expectations
Singapore’s biggest bank by assets said its first-quarter net profit rose on higher fee and commission income, and expects to deliver strong shareholder returns this yearThe Wall Street Journal - World -
Food and drinks giants flag price pressure on low-income consumers
McDonald’s and Coca-Cola among companies highlighting impact of persistent inflationFinancial Times - Business -
McDonald's and other big brands warn that low-income consumers are starting to crack
Higher prices have weighed on customers in an array of industries that interact with consumers.CNBC - Business -
New loans for UK commercial real estate hit historic low
Lenders and owners focus on refinancing as they grapple with falling property values and higher debtFinancial Times - Business - United Kingdom -
DoorDash’s outlook is sinking its stock. But one analyst says it typically forecasts conservatively.
Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter loss amid signs of a slight slowdown in growth for its large U.S. restaurant business, and it offered a second-quarter forecast for a key demand metric ...MarketWatch - Business -
Lufthansa Expects Second-Half Improvement
Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall in the next three months.The Wall Street Journal - Business -
Stellantis Sales Fall Short of Expectations
Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes in North America as it prepares production for new models.The Wall Street Journal - Business -
Toni Kroos proves the pass master yet again to point the way for Real Madrid | Sid Lowe
The irreplaceable German midfielder refused to allow Bayern to escape with the game – and his control kept Madrid in the tie. Thomas Tuchel had warned that you don’t see Real Madrid’s goals coming, so Toni Kroos helpfully pointed it out, but still ...The Guardian - World -
Bitcoin extends its slide to start May, falling to $57,000 as Fed leaves rates unchanged
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest rates steady.CNBC - Business - Federal Reserve -
Cannabis stocks pull back after rallying on DEA’s plans to reclassify marijuana
Canopy Growth Corp., Tilray Brands Inc. and Curaleaf Holdings Inc. were among cannabis stocks that were sliding into the red on Wednesday, a day after news of the federal government’s plans to reclassify marijuana.MarketWatch - Business -
U.S. crude oil falls to $79 a barrel, seven-week low as stockpiles surge on lackluster demand
A raft of data has demonstrated that inflation is proving stubborn, consumer confidence is falling and the U.S. economy is growing more slowly than expected.CNBC - Business -
Construction spending posts bigger-than-expected drop
Construction spending fell 0.2% in March, the Commerce Department reported Wednesday.MarketWatch - Business -
U.S. Private Payrolls Beat Expectations in April
Data from the payroll company shows private sector employers added 192,000 jobs last month, more than in March and above economists' average estimates.Inc. - Business -
Wolves expect Finch to travel to Denver for G1
The Timberwolves are planning for coach Chris Finch to be with them in Denver following his knee surgery - and considering seating configurations that would allow him to safely be on the bench during games.ESPN - Sports -
John Swinney to announce bid to be first minister
The MSP is expected to launch his campaign at a press conference in Edinburgh on Thursday morning.BBC News - Top stories -
Dodgers ace Buehler expected to return on Mon.
Dodgers pitcher Walker Buehler is expected to make his return to the big leagues Monday after missing nearly two full years following Tommy John surgery in 2022.ESPN - Sports - MLB -
Major U.S. stock indexes ended on another low note, with the S&P 500, Nasdaq and Dow shedding 1.6%, 2% and 1.5%, respectively.
Major U.S. stock indexes ended on another low note, with the S&P 500, Nasdaq and Dow shedding 1.6%, 2% and 1.5%, respectively.The Wall Street Journal - World -
Here's everything to expect from the Fed meeting that will move markets on Wednesday
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.CNBC - Business - Federal Reserve -
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Mississippi lawmakers expected to vote on Medicaid expansion plan with work requirement
Mississippi lawmakers are expected to vote this week on a proposal that would expand Medicaid coverage to tens of thousands more people, but it includes a work requirement that might not win federal approvalABC News - Health -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.Los Angeles Times - Entertainment -
England and Key expect World T20 ‘slugfest’ as muscle ripples from top
Amid rising tides of Twenty20 run rates, the champions have opted for more aggression in their batting lineup. England will travel to the Caribbean for their T20 World Cup defence in June without an anchor aboard ship, their team director, Rob ...The Guardian - World -
Mike Trout to undergo knee surgery, which isn't expected to be season-ending
Trout is currently tied for the MLB lead in homers.Yahoo Sports - Sports -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Amazon profits may have tripled but do not expect a dividend
Resurgence of free cash flow at the ecommerce group is still fresh while capital expenditure is set to rise this yearFinancial Times - Business - Amazon -
Fed holds interest rates steady at highest level since 2001
The U.S. economy has faced a months-long stretch of stubborn inflation.ABC News - Top stories - Federal Reserve -
Arizona Senate expected to vote on repeal of 1864 abortion ban
The Arizona Senate is expected to attempt to pass a repeal of the 1864 near-total ban on abortion that was upheld by the state’s Supreme Court last month.NBC News - Politics - Abortion -
Arizona Senate passes repeal of 1864 abortion ban
The Arizona Senate voted to pass a repeal of the near-total ban on abortion from 1864 that was upheld by the battleground state’s Supreme Court last month.NBC News - Top stories - Abortion -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
What to expect from Federal Reserve's third interest rate decision of 2024
The Federal Reserve is set to announce its third interest rate decision of 2024 on Wednesday. CBS News contributor Javier David, managing editor of business and markets at Axios, discusses what to expect.CBS News - Top stories -
New York police storm Columbia and arrest pro-Palestinian protesters
Hundreds of officers in riot gear detain students who occupied campus building for nearly 24 hoursFinancial Times - Business - New York