Traders Weigh Apple Launch
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'Trader justice': Ex-SocGen trader fired for risky bets claims he was made a 'scapegoat'
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a "scapegoat."CNBC - Business -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
FirstFT: Apple beats expectations
Also in today’s newsletter, Apollo and Sony team up for Paramount bid and Turkey cuts trade ties with IsraelFinancial Times - World - Apple -
Israeli Officials Weigh Sharing Power With Arab States in Postwar Gaza
Though likely to displease both Israel’s right wing and many Arab states, it signals that Israel is thinking about the future, and could inform future talks.The New York Times - World - Israel -
Biden weighs in on protests, line between free speech and chaos
President Joe Biden responded to growing political pressure as protests continue across college campuses, walking a line between free speech and desire for law and order. “There's the right to protest, but not the right to cause chaos,” he said. ...NBC News - Politics - Joe Biden -
Shari Redstone, a media scion weighing the future of her ravaged empire
The Paramount executive must decide on whether to sell the family business and to whomFinancial Times - Business -
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.BBC News - Top stories - Apple -
Apple Buys Itself Some Time for an AI Boost
Raised share buybacks helped buttress weak iPhone sales, but Apple will need to make its own AI play clear soon.The Wall Street Journal - World - Apple -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - Tech - China -
Video: China’s Chang’e-6 Far Side of the Moon Launch
If successful, the Chang’e-6 mission will be the first in history to return a sample from a part of the moon that we never get to see from Earth.The New York Times - Top stories - China -
China Launches Moon Mission in Base Race With U.S.
The Chinese mission has been hailed for its potential for a scientific breakthrough, but the U.S. is closely watching the expedition with trepidation.The Wall Street Journal - World - China -
China launches ambitious mission to far side of the moon
The launch of the uncrewed Chang’e-6 is part of China’s effort to put a human on the lunar surface by 2030. China has launched a probe to collect samples from the far side of the moon - in a world first - as part of its goal to land a human on the ...The Guardian - World - China