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Anglo American shares rally after BHP takeover approach — could lead to biggest deal of the year
BHP said it’s looking to offer 0.7097 of its shares for each Anglo American share. It now has a month to make a formal offer.MarketWatch - Business -
Cidara Therapeutics shares surge 30% after reacquiring flu treatment
Shares of Cidara Therapeutics rose sharply after the company announced a reshuffling of its portfolio of drug candidates.MarketWatch - Business -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
CVC shares jump in trading debut after long-awaited IPO
Private equity group says €2bn offering oversubscribed multiple times, in sign of strong investor appetiteFinancial Times - Business -
Philips shares surge after $1.1bn settlement over sleep apnoea devices
Cost of settling litigation in US over faulty machines is less than what market had expectedFinancial Times - Business -
Philips shares surge after $1.1bn settlement over sleep apnoea devices
Cost of settling litigation in US over faulty machines is less than what market had expectedFinancial Times - Business -
Tesla shares surge after Elon Musk secures deal with China’s Baidu
Shares in US electric-car maker soar 17% on autonomous driving prospects in world’s biggest auto marketFinancial Times - Business - Elon Musk -
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened
FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter. Full story: US growth slows as inflation rises, spooking marketsFull story: BHP moves to buy Anglo American ...The Guardian - World -
Tesla Surge Helps Stock Market Extend Gains
Major U.S. indexes edged higher at the start of a busy week for corporate earnings and economic data. Tesla shares rose 15%.The Wall Street Journal - World - Tesla -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - World -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
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A Surge of Wartime Brain Injuries Is Changing Lives---and Offering Lessons
Mental-health problems often follow brain injuries. U.S. doctors are helping their Ukrainian counterparts, and learning from them.The Wall Street Journal - World -
Housing supply surges by up to 50% in these metro areas — and many sellers are being forced to slash their asking prices
The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.MarketWatch - Business -
Alphabet’s stock surges on Triple Crown of first-ever cash dividend, $70 billion stock buyback, strong results
Google parent Alphabet Inc.’s stock soared 12% in after-hours trading Thursday following huge spikes in revenue and net income that trounced analysts’ predictions — as well as its first-ever cash dividend of 20 cents per share.MarketWatch - Business -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
2024 NFL Draft Day 2 winners and losers: Commanders, Bills surge, NFC South struggling
Will Brinson breaks down the second day of the 2024 NFL DraftCBS Sports - Sports - NFL -
UBS promises $2bn in share buybacks
Swiss lender restores repurchase programme as it integrates Credit SuisseFinancial Times - Business -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - 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 -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - Business -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Chinese Financial Services Shares Gain on Consolidation Hopes
Shares of several Chinese financial services companies traded higher Friday on expectations that the sector may see consolidation after state-run Guolian Securities announced its intention to buy another smaller firm.The Wall Street Journal - World - China -
WW2 veterans share frontline memories with pupils
The group of veterans gathered at the Union Jack club in Waterloo with pupils from London schools.BBC News - Top stories -
Deutsche Bank shares slide on €1.3bn Postbank hit
Germany’s largest lender hints at potential settlement over long-running court saga linked to 2010 takeover offerFinancial Times - Business -
Tesla shares jump after reports of China deal
A reported deal with Chinese search giant Baidu will help pave the way for a rollout of Tesla's self-driving technology.BBC News - Top stories - China -
FCC Fines Wireless Carriers for Sharing Customer Data
Agency says four carriers sold access to customers’ location data to aggregators.The Wall Street Journal - World -
FCC Fines Wireless Carriers for Sharing Customer Data
Agency says four carriers sold access to customers’ location data to aggregators.The Wall Street Journal - Business -
King Charles shares 'shock' of cancer diagnosis with patients
The King is marking his return to public events with a symbolic trip to a cancer centre in London.BBC News - Top stories - United Kingdom -
A24 Makeup Artist Shares Her Tricks In New Book, ‘Beauty of the Beast’
Emily Schubert has done makeup and prosthetics on movies like “The Sweet East” and “Good Time.” She shares her tricks in a new book with A24.The New York Times - Lifestyle -
Anya Taylor-Joy Shares The Advice Nicholas Hoult Gave Her For Furiosa
Later this year, Anya Taylor-Joy will take on the role of a young Furiosa, the role first played by Charlize Theron in Mad Max: Fury Road. Before Taylor-Johnson joined Furiosa: A Mad Max Saga, though, she turned to her friend and co-star in The ...GameSpot - Tech -
Beyoncé Shared Her Natural Hair Care Routine. Here’s Why It Matters.
In a video on Instagram, the singer provided fans a rare glimpse of her routine.The New York Times - Lifestyle