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Jill Biden launches bike ride for wounded service members, stresses need to support vets
Jill Biden has used the launch of the Wounded Warrior Project’s annual Soldier Ride from the White House lawn, a multiday bike ride, to stress the importance of supporting service membersABC News - Health - Joe Biden -
Arizona House Votes to Repeal Abortion Ban
The state Senate will vote on the measure next week, and several Republicans have signaled they would join Democrats to support it, giving it a good chance of passage. Democratic Gov. Katie Hobbs has said she would sign a repeal.The Wall Street Journal - World - Abortion -
Gov. Gavin Newsom wants to let Arizona doctors provide abortions in California
California Gov. Gavin Newsom and state lawmakers have announced legislation aimed at helping Arizonans access abortions after the Arizona Supreme Court allowed a near total-ban to move forwardABC News - Health - California -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Gov. Gavin Newsom introduces bill to allow Arizona doctors to perform abortions in California
California Gov. Gavin Newsom announced a bill Wednesday which would expand abortion access for Arizona residents following the state's Supreme Court decision to uphold a near-total abortion ban earlier this month.NBC News - Top stories - California -
Gov. Gavin Newsom proposes bill to allow Arizona doctors to perform abortions in California
California Gov. Gavin Newsom announced a bill Wednesday that would expand abortion access for Arizona residents after the state's Supreme Court upheld a near-total abortion ban this month.NBC News - Politics - California -
More doctors can prescribe a leading addiction treatment. Why aren't more people getting help?
A new study finds little change in the number of people taking a key medicine for opioid addiction even though it’s now easier for doctors to prescribe itABC News - Health -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - World -
A reformed stock market would unleash Britain’s growth
Keeping growth companies onshore would boost the FTSE and the UK economyFinancial Times - World -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Google Parent Alphabet Looks to Continue Revenue Growth
The search giant has reported four straight quarters of accelerating sales growth and been investing in artificial-intelligence technology. Still, Google’s advertising sales last quarter fell short of expectations.The Wall Street Journal - World - Google -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial 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 -
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 -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - World -
Southwest Exits Airports as Boeing Delays Hit Growth Plans
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings.The Wall Street Journal - World -
Investors Cheer Sales Growth at Ben & Jerry's Owner Unilever
Unilever sold more products at higher prices last quarter, a shot in the arm for Chief Executive Hein Schumacher who has been under pressure to deliver stronger growth.The Wall Street Journal - World -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
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 -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - Business -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Merck’s first-quarter results beat expectations amid healthy vaccine-sales growth
Merck on Thursday reported first-quarter results that beat analysts’ expectations amid strong sales of vaccines and cancer drug Keytruda.MarketWatch - Business -
Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
Southwest Airlines is one of Boeing's biggest customers and flies only 737s.CNBC - Business -
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 -
US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid paceABC News - Top stories -
Dow drops more than 300 points on inflation and growth concerns, Meta drags S&P 500 lower: Live updates
Stocks fell sharply Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025.NBC News - Top stories -
How Van Leeuwen Ice Cream's Laura O'Neill and Other Growth-Minded Entrepreneurs Keep Their North Star
Growth at all costs is for tech bros. The Brooklyn-based ice cream maven and other founders are charting a more sustainable course.Inc. - Business -
The Biden Guide to Dressing Younger
Though much has been made of the president’s age, his tailoring tells another story. There are lessons to be learned here.The New York Times - Lifestyle - Joe Biden -
'Do Not Use the Market as an Excuse' Says
NBC producer Kyle Scott and 'Million Dollar Listing' star Ryan Serhant just launched a new sales coaching business, Sell It, to teach the most important entrepreneurial skill--selling.Inc. - Business -
Biden gains on Trump in series of polls
President Biden is gaining on former President Trump in a series of polls, tying Trump in the race in a new Quinnipiac poll released Wednesday and lending a sense of momentum to his campaign. In the aggregate polling kept by The Hill and Decision ...The Hill - Politics - Joe Biden -
A historic 10 days for Joe Biden
This is the week it all came together, and President Biden showed why his experience and wisdom as a global leader keeps America strong.The Hill - Politics - Joe Biden -
The Media Say Crime Is Going Down. Don't Believe It
The decline in reported crimes is a function of less reporting, not less crime.The Wall Street Journal - World