Ships Pile Up in West Coast Ports in Labor Fight Threatening Supply Chain Chaos
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Tensions ratchet up between China and the west
Also in this newsletter: new weapons for Ukraine, German recovery, the value of loyaltyFinancial Times - World - China -
Ship comes under attack off coast of Yemen as Houthi rebel campaign appears to gain new speed
A ship traveling in the Gulf of Aden has come under attack, the latest assault likely carried out by Yemen’s Houthi rebels over Israel’s ongoing war on Hamas in the Gaza StripABC News - World -
Over 100 pilot whales beached on western Australian coast have been rescued, researcher says
A whale researcher says more than 100 long-finned pilot whales that beached on the western Australian coast have returned to sea, while 31 had died on the shoreABC News - World -
Watch: How runaway horses caused chaos in London
Video shows Army horses running loose through the city, colliding with vehicles and causing havoc.BBC News - Top stories -
Blackstone to acquire Tropical Smoothie Cafe restaurant chain
Blackstone said it is acquiring acquire Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations in 44 states, from Leichtman Capital Partners.MarketWatch - Business -
Veteran Salute: Transporting every type of supply in Vietnam
Yahoo News - World -
Dozens of pilot whales beach on western Australian coast
Yahoo News - World -
Johnson calls for Columbia University president to ‘bring order to this chaos’
Speaker Mike Johnson addressed the ongoing protests at Columbia University, where he called for the college’s president Nemat “Minouche” Shafik to resign. The speaker was met with several “boos” from protesters throughout his remarksNBC News - Politics -
Ukraine used secretly supplied US missiles to hit Russian targets
The U.S. has already provided long-range Army Tactical Missile Systems (ATACMS) to Ukraine, according to a Pentagon spokesperson. President Biden in February directed officials to supply the longer-range versions of the ATACMS, which have been ...The Hill - Politics - Ukraine -
Oil Edges Higher on U.S. Inventories Draw
Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.The Wall Street Journal - World -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - Business - United Kingdom -
US secretly shipped long-range missiles to Ukraine
Biden had previously held back Atacms system out of fears of escalating war with RussiaFinancial Times - Business - Ukraine -
Threatening ally of Roman Abramovich would be ‘a suicide mission’, agent tells court
Saif Alrubie denies intimidating Marina GranovskaiaKia Joorabchian left UK before due to give evidence, jury toldThe football agent accused of sending an intimidating email to a Chelsea FC executive has said it would be “a suicide mission” to ...The Guardian - World -
How hurricanes threaten forests — and the carbon markets that depend on them
A single hurricane barreling into New England forests can undo decades of carbon storage, a new study has found. As climate change heats oceans and fuels hurricanes, worsening storms with higher-speed winds are reaching ever deeper into the ...The Hill - Politics -
US West seeks development of workforce, sustainable economy
Welcome to The Hill's Sustainability newsletter {beacon} Sustainability Sustainability The Big Story US West seeks development of workforce, sustainable economy As hotspots across the U.S. West strengthen their stature as hubs for technological ...The Hill - Politics -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
Unilever Backs Guidance as Sales Beat Forecasts
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Copper Still Isn't a One-Way Bet
The price of the metal has surged and BHP has bid for miner Anglo American, but the bull case for the metal is a bit more complicated than it seems.The Wall Street Journal - World -
This 35-year-old had 5 failed businesses before starting her grocery store chain – now it brings in over $8 million a year
Success didn't come easy for Pang Gek Teng, the 35-year-old founder and CEO of Surrey Hills Grocer, an Australian-inspired grocer and café brand in Singapore.CNBC - Business -
Israel Prepares Gradual Rafah Offensive
Responding to U.S. and international pressure, Israel is scrapping plans for an all-out assault in favor of an approach that seeks to limit civilian casualties.The Wall Street Journal - World - Israel -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - World -
Some Anti-Israel Protesters Are Paid
Rockefeller and Soros grants are subsidizing those who disrupt college campuses.The Wall Street Journal - World - Israel -
Ecuador's Former Comptroller General Convicted in Case Tied to Odebrecht
Carlos Ramon Polit Faggioni was convicted in Miami of accepting more than $10 million in bribes from the Brazilian construction company.The Wall Street Journal - World -
It's One of the Last Pristine Coral Reefs on Earth. Should We Be Visiting It?
The Raja Ampat archipelago of Indonesia looms large in the imaginations of underwater adventurers. But by visiting its relatively untouched reefs are we protecting them—or threatening them?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 - World -
Graydon Carter Opens Air Mail Newsstand in New York’s West Village
Shoe horns, lampshades and CBD-infused elixirs are among the goods Graydon Carter is selling at a new newsstand-style shop in New York.The New York Times - Lifestyle - New York -
West Virginia says it will appeal ruling that allowed transgender teen athlete to compete
West Virginia Attorney General Patrick Morrisey says the state will ask the U.S. Supreme Court to weigh in on an appeals court ruling that allowed a transgender athlete to compete on her middle school teamsABC News - Sports -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson on Wednesday called on her to resign if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Politics -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After a meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson called on her to resign Wednesday if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Top stories -
Tupac’s estate threatens to sue Drake over diss track using what appears to be late rapper’s AI-generated voice
Tupac Shakur’s estate is threatening to sue Drake over his recent Kendrick Lamar diss track, calling what appears to be the use of an artificial intelligence-generated version of the late rapper’s voice a “blatant abuse” of his legacy.NBC News - Top stories -
Man Utd fight back twice to beat Sheff Utd late on
Manchester United have to come from behind twice to beat bottom-of-the-table Sheffield United at Old Trafford.BBC News - Top stories -
Ryan Garcia claims pre-fight antics were all a ruse; Oscar De La Hoya says 'King Ry' won't fight at 140 again
Garcia and his promoter have some big plans after their big win this past weekendCBS Sports - Sports -
West Virginia attorney general says state will appeal ruling on transgender athlete restrictions to Supreme Court
West Virginia plans to ask the U.S. Supreme Court to hear for a second time a case over the state's restrictions on transgender student-athletes, its attorney general said Wednesday. “This is a significant case to bring to the Supreme Court, and ...The Hill - Politics