Markey to Oppose Debt Ceiling Deal over Fossil Fuel Permitting Provisions
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Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
Trial over jet fuel contamination in Hawaii's water set to begin
More than two years after jet fuel leaked into the system supplying water to almost 93,000 people in Hawaii, families impacted are taking the U.S. government to trial.CBS News - Top stories -
Code red controversy fuels Heat in Game 2 shocker over Celtics
This was supposed to be the league's most lopsided series as Miami's talent gap against 64-win Boston seemed insurmountable. Oh, how the tables have turned.Yahoo Sports - Sports - NBA -
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.The Wall Street Journal - World -
Micron secures $13bn in US support to expand chipmaking capacity
Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips ActFinancial 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 -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Humza Yousaf faces no-confidence vote following collapse of Scottish coalition
First minister said SNP would govern ‘on our policy terms’ after ending power-sharing arrangement with GreensFinancial Times - Business -
A Megaraptor Emerges From Footprint Fossils, Study Suggests
A series of foot tracks in southeastern China points to the discovery of a giant velociraptor relative, paleontologists suggest in a new study.The New York Times - Science -
Why now is a great time to consider debt relief
A debt relief service may be able to help you deal with mounting debt. Here's why now is a great time to sign up.CBS News - Top stories -
UK imposes sustainable fuel targets on airlines
Move is expected to push up prices as aircraft switch to 10% blend of greener fuels by 2030Financial Times - World - United Kingdom -
Energy Dept. Aims to Speed Up Permits for Power Lines
The Biden administration has expressed growing alarm that efforts to fight climate change could falter unless the electric grids are quickly expanded.The New York Times - World -
Immigration advocates see work permits as Biden's best option
President Biden’s left flank is pushing for expanded work permits for undocumented immigrants, not just as a humanitarian imperative, but as a political boon ahead of November. Speculation over Biden’s next play on immigration has reached a fever ...The Hill - Politics - Joe Biden -
Energy Dept. Aims to Speed Up Permits for Power Lines
The Biden administration has expressed growing alarm that efforts to fight climate change could falter unless the electric grids are quickly expanded.The New York Times - Top stories -
Deutsche Bank expects fewer U.S. commercial real estate provisions in second half
Deutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said they will start to gradually decline.MarketWatch - Business -
UAW's Tennessee win fuels backers' hopes in the South, but some skeptics are unmoved
The labor fight heads next to a Mercedes plant in Alabama, where one worker said “people on the floor think we’re going to win" despite vocal opposition.NBC News - Top stories -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is "not in a condition to be closed."Los Angeles Times - Entertainment -
Best pre-Memorial Day deals on barbecue grills
Barbecue season is finally here, so if you're shopping for a new grill, here's your chance to save some cash.CBS News - Top stories -
Lions to ink St. Brown, Sewell to $100M+ deals
The Lions and wide receiver Amon-Ra St. Brown have agreed to a four-year, $120 million extension that includes $77 million guaranteed, sources told ESPN.ESPN - Sports -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - Business -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
Senior Russian Military Official Held on Corruption Charges in Defense Deals
A deputy defense minister responsible for the armed forces’ most ambitious construction projects was arrested in the highest-profile corruption scandal Russia has seen in years.The Wall Street Journal - World - Russia -
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.CNBC - Business -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
BHP proposes takeover of Anglo-American in mining mega-deal
Combination would bring together two of the leading players in the industryFinancial Times - Business -
Taiwan’s trade tsar seeks new deals and braces for possible Trump win
John Deng targets India ‘opportunity’ after breakthroughs with US, UK and CanadaFinancial Times - World - Donald Trump -
BHP proposes £31bn takeover of Anglo American in mining mega-deal
Combination would bring together two of the industry’s largest companies as copper demand soarsFinancial Times - Business -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
Sadiq Khan urges Labour to pursue UK-EU youth mobility deal
London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned proposalFinancial 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 -
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – business live
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: BHP moves to buy Anglo American mining groupBHP’s proposal to buy Anglo American is a “monster” ...The Guardian - World -
Sadiq Khan urges Labour to pursue UK-EU youth mobility deal
London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned proposalFinancial Times - World -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
BHP Seeks Mining Megadeal With Anglo American Bid Deal
The mining giant has offered to buy its longtime rival with a market cap of about $35 billion, in a deal that could reshape the global mining industry.The Wall Street Journal - Business -
You’ve Been Dealing with Stress All Wrong, According to Neuroscience
Common advice on how to counter stress can keep you stuck in an unhealthy stress loop.Inc. - Business -
David Pecker Expected to Discuss Hush-Money Deal in Trump Trial
David Pecker, the former publisher of The National Enquirer, will be back on the stand and is likely to discuss the publication’s contact with Stormy Daniels.The New York Times - Top stories - Donald Trump -
‘Confined to this little island’: Britons criticise rejection of EU youth mobility deal
Hundreds voice dismay at Sunak and Starmer, accusing them of misreading UK attitudes towards Europe. UK politics – latest updatesElena, 35, was “flabbergasted” when she heard that both Rishi Sunak and Keir Starmer had dismissed a proposal by the ...The Guardian - World - European Union