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Penguin Random House Dismisses Two of Its Top Publishers
The departures of Reagan Arthur, who led Alfred A. Knopf, and Lisa Lucas, who held the top job at Pantheon and Schocken, came as a surprise to many in the company.The New York Times - Top stories -
2 top Penguin Random House editors leaving amid ongoing changes at publishing house
Two top editors at Penguin Random House are leaving as the country’s leading trading publisher continues to transform during a period of uncertain revenues and generational changeABC News - Entertainment -
Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
Anchovies behind surge of sea lions in San Francisco
San Francisco's famed Fisherman's Wharf is seeing an unusually large number sea lions that local officials say is the largest herd of the sea mammals the area has seen in 15 years. The massive herd is snacking on an overabundance of anchovies. ...CBS News - Top stories - San Francisco -
European airlines signal surge in ticket prices is near peak
Ryanair says ticket prices will either be flat or ‘modestly’ higher this summer than 2023Financial Times - Business - Travel -
Surge in threats against top congressional aides
Top congressional aides are subjected to threats of violence regularly. A survey conducted by the nonprofit Congressional Management Foundation reveals that a large majority are feeling "anxiety and fear" about the safety of working in their jobs. ...CBS News - Top stories -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Tokyo battles surge of destructive raccoons that went from pet to pest
Hotline set up in Japan’s capital to report sightings of raccoons, which became popular as pets after success of 1970s TV anime series. Having won the battle to tackle Tokyo’s population of giant, ravenous crows, the city’s authorities are now ...The Guardian - World -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
New Covid variants stoke fears of a summer surge in cases
So-called FLiRT strains set to test effectiveness of vaccines against latest mutationsFinancial Times - Business - Covid -
As it happened: William Lai sworn in as Taiwan's new president
William Lai faces an aggressive Beijing, a divided parliament and a disgruntled youth in his first term.BBC News - Top stories -
Surging shipping costs could complicate Fed’s inflation fight
While supply shortages have eased greatly in the past few years, they have not entirely gone away.MarketWatch - Business - Inflation -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.MarketWatch - Business -
Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist says.
Renters are swapping high-cost cities with expensive rentals for more affordable markets, a Redfin report found.MarketWatch - Business -
As killings surge, Haitians struggle to bury loved ones and find closure in violent capital
Finding closure for loved ones killed by gangs on a relentless rampage through Haiti’s capital and beyond is growing harder day by day in a country where burial rituals are sacred and the dead veneratedABC News - World -
Max Verstappen holds off Lando Norris surge to win F1 Emilia-Romagna GP
Norris unable to make move after Red Bull’s tyres wear downFerrari’s Carlos Sainz third, Oscar Piastri fourth for McLarenProof then that there is life yet in the old dog, Formula One’s Emilia‑Romagna Grand Prix managed to deliver a finale at ...The Guardian - World -
A massive earnings surge could lift the Dow to 60,000 and the S&P 500 to 8,000, says top Wall Street strategist
Yardeni Research’s chief investment strategist, Ed Yardeni, told clients in a note that the stock indexes could soar even higher thanks toMarketWatch - Business -
Keywords Studios’ stock surges as videogame company mulls improved £2 billion bid from EQT
The Swedish private -quity giant is considering acquiring Keywords Studios for 2,550 pence per share, in what would mark a 73% premium on its closing price Friday.MarketWatch - Business -
Shares of Hims & Hers Health surge 27% after startup says it will offer GLP-1 injections
The GLP-1 market has faced supply constraints in recent months as drugs like Ozempic and Wegovy continue to skyrocket in popularity.CNBC - Business -
Ether extends its rally following 20% surge on renewed ether ETF optimism
Cryptocurrencies rallied on Monday night amid a late surge in optimism around SEC decisions on spot ether ETF applications, the first of which is due this week.CNBC - Business