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'We lost £26,000 in a year' - shoplifting hits record in England and Wales
Shoplifting was up by 37% in the year to December 2023, the highest since records began in 2003.BBC News - Top stories -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Diamond market shows serious cracks from man-made stones
Miners are battling to whittle down the oversupply of gemsFinancial Times - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Forecasters predict record number of hurricanes
Weather forecasters at the University of Pennsylvania predicted a record hurricane season for 2024 on Thursday, a “hyperactive” season that could threaten the Gulf Coast. The UPenn forecast predicts between 27-39 named tropical storms, with the ...The Hill - Politics -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
U.S. Fertility Rate Falls to Record Low
Fewer babies were born in the U.S. in 2023 than any year since 1979.The Wall Street Journal - World -
A High School Reunion Reignites a 50-Year Crush
Elaine Hall and Roland Passaro, both 88, met in junior high school in 1950 but lost touch before acting on their connection. They finally did, five decades later.The New York Times - Lifestyle -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
A fresh FTSE high is not yet reason for UK enthusiasm
Recent turnaround still owes most to a steep and persistent valuation discountFinancial Times - Business - United Kingdom -
A fresh FTSE high is not yet reason for UK enthusiasm
Recent turnaround still owes most to a steep and persistent valuation discountFinancial Times - World - United Kingdom -
When it rains, it pours: Miami takes Game 2 with record-setting statline
Miami hit 23 3-pointers during its big playoff victory against the top-seeded Boston Celtics — a franchise playoff record.Yahoo Sports - Sports -
U.S. birth rate drops to record low, ending pandemic uptick
CDC's provisional figures show a 2% decline in births from 2022 to 2023.CBS News - Top stories -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - World -
Royal Caribbean’s stock rallies toward a record on ‘very robust’ cruise demand
There were a lot of records associated with Royal Caribbean’s first-quarter report, including ticket pricing, bookings and the stock, as demand for cruises remained “very robust.”MarketWatch - Business -
American Airlines’ stock jumps after an upbeat profit outlook and record revenue
American Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter, as revenue rose to record levelsMarketWatch - Business -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - Business -
CEOs are quitting at record rates, and women are twice as likely as men to leave
Women CEOs are twice as likely as men to quit within 2 years, and four times as likely to leave within 1 year.CNBC - Business -
Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.
Before insurance, Novo Nordisk charges about $1,000 per month for Ozempic in the United States. In Germany, the company charges $59 per month for the same drug.CNBC - Business -
SpaceX Worker Injury Rates Are Alarmingly High for Second Year in a Row
Injury rates among SpaceX employees are as much as nine times higher than the industry average in some facilities.Inc. - Business -
Emotions run high during Idaho abortion access Supreme Court hearing
The Supreme Court is reviewing a near-total Idaho abortion law that could dictate the type of care pregnant mothers can receive in emergency rooms. CBS News chief legal correspondent Jan Crawford breaks down the hearing.CBS News - Top stories - Abortion -
A high-profile murder trial in Kazakhstan boosts awareness of domestic violence
A trial of a former government official charged with killing his wife has riveted Kazakhstan with lurid video of the attack, sparking a national conversation about domestic violence and leading to the government enacting a tougher law on spousal ...ABC News - World -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
A high-profile murder trial in Kazakhstan raises awareness of domestic violence
Kazakhstan has been riveted by the live-streamed trial of a businessman accused of murdering his wife, raising awareness about domestic violence.NBC News - Top stories -
The Soaring Dollar Has Put Yen Traders On High Alert
The yen weakened to nearly 156 per dollar, hitting its lowest level in almost 34 years and putting traders on alert for possible intervention.The Wall Street Journal - World -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Monster Beverage cut to sell because it’s ‘no longer…a high growth story’
Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recoveryMarketWatch - Business -
Persistently High Commodity Prices Could Delay Rate Cuts
Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.The Wall Street Journal - World -
The costs of buying a home has hit an all-time high: report
It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate company Redfin. The median home price hit a record $383,725 during the four week period ending April 21. That’s up 5.2 percent from a year ...The Hill - Politics -
Weinstein conviction overturned by New York high court, citing judicial error
New York's highest court overturned Harvey Weinstein's 2020 rape and sexual assault conviction Thursday, ruling the judge who presided over the case made "egregious errors" in the watershed trial. In a 4-3 decision, the state Court of Appeals said ...The Hill - Politics - New York -
Weinstein Sex-Crimes Conviction Thrown Out by New York High Court
The court ruled the disgraced film producer didn’t receive a fair trial, ordering new proceedings in landmark #MeToo case.The Wall Street Journal - World - New York -
Former Post Office executive denies misleading High Court
Counsel to the inquiry presents Angela Van Den Bogerd with emails that challenge earlier testimonyFinancial Times - World -
High schooler accused of killing fellow student on campus in Arlington, Texas
Police say a 17-year-old has been arrested on a murder warrant after fatally shooting a schoolmate on the campus of an Arlington, Texas, high schoolABC News - Top stories -
Former Post Office executive denies misleading High Court
Counsel to the inquiry presents Angela Van Den Bogerd with emails that challenge earlier testimonyFinancial Times - Business