Heavy Armour
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Teamsters Canada Says Strikes at CN Railway, Canadian Pacific Kansas City Could Begin May 22
OTTAWA–The union representing over 9,000 workers at Canada’s two biggest railroads said nearly all of its members voted in favor of going on strike as early as May 22, which could cause extensive disruptions across North American logistics networks.The Wall Street Journal - World - Canada -
Fed Says Inflation Progress Has Stalled, Extends Wait-and-See Rate Stance
U.S. central bank officials also approved a plan to slow the continuing reduction of their $7.4 trillion asset portfolio.The Wall Street Journal - World - Federal Reserve -
Arizona Legislature Votes to Repeal State's Ban on Virtually All Abortions
Democratic Gov. Katie Hobbs is promising to sign the measure overturning the restrictions, but they could be in place for a few months this summer.The Wall Street Journal - World - Abortion -
S&P 500 Slips After Fed Keeps Rates Steady
Treasury yields inched down but are still up sharply for the year.The Wall Street Journal - World - Federal Reserve -
Transcript: Fed Chief Jerome Powell's Postmeeting Press Conference
The Fed chair discussed the central bank’s decision to hold interest rates steady as inflation remains stubbornly high, during a press conference Wednesday after the Fed’s latest policy meeting.The Wall Street Journal - World - Federal Reserve -
'Angelica Kauffman' Review: A Reframing at the Royal Academy
The 18th-century artist receives a retrospective in London that extols her overly theatrical history paintings, but her intimate, lesser-known portraits prove more revelatory.The Wall Street Journal - World -
Narcan-Maker Emergent BioSolutions to Cut 300 Jobs, Close Facilities
Emergent BioSolutions is closing several manufacturing facilities and cutting hundreds of jobs as part of a restructuring as the company narrows its focus on products, including Narcan nasal spray.The Wall Street Journal - World -
First-Quarter Exits Boost Carlyle Distributable Earnings, But Revenue Falls
The firm saw one of its flagship funds become ineligible, at least temporarily, for carried interest.The Wall Street Journal - World -
Expressway Collapses in Southern China Amid Heavy Rains, Killing 36
The road gave way in the early morning in an apparent landslide. At least 30 other people were injured, many of them seriously.The New York Times - World - China -
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Embiid: ‘Disappointing' that Knicks fans had heavy presence for Sixers' Game 4 loss
Joel Embiid described the strong contingent of Knicks fans at Wells Fargo Center for the Sixers' Game 4 defeat Sunday as “disappointing.”Yahoo Sports - Sports - NBA -
Tourists evacuated from Kenya’s Maasai Mara reserve amid flooding and heavy rains
Tourists have been evacuated by air from Kenya’s Maasai Mara national reserve after more than a dozen hotels, lodges and camps were flooded as heavy rains continue to batter the countryABC News - World -
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Heavy rains in Brazil kill at least 8 people, leave 21 missing, civil defense says
Heavy rains in Brazil’s southern Rio Grande do Sul state have killed at least 10 people and left 21 missing since MondayABC News - World - Brazil