Ea S Net Bookings Drop 9 to $2342b in December Quarter
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Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
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 -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Korean chip maker SK Hynix returns to net profit after five-quarter losing streak
SK Hynix returned to a net profit in the first quarter after a five-quarter losing streak, continuing to ride the artificial-intelligence boom that boosts demand for more advanced and high-end memory chips.MarketWatch - Business -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock drop
Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.CNBC - Business -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
FCC Reinstates Net Neutrality
Earlier today, the Federal Communications Commission (FCC) voted to reinstate net neutrality. Taking place during an April Open Meeting, commissioner Anna M. Gomez voted in favor of restoring federal oversight of broadband internet access service ...GameSpot - Tech -
The return of net neutrality
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story FCC revives Obama-era net neutrality rules The Federal Communications Commission (FCC) voted 3-2 along partisan lines to restore net neutrality rules, ...The Hill - Politics -
Net Zero Crashes in Scotland
It’s more farce than tragedy as left-wing politicians face reality.The Wall Street Journal - World - Scotland -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
Nets' Fernandez: Retaining Claxton a 'priority'
New Brooklyn Nets coach Jordi Fernandez wasted no time making his feelings known about the roster -- and, specifically, the status of unrestricted free agent center Nic Claxton, who Fernandez said was a "priority" to retain in free agency.ESPN - Sports -
Net Neutrality Rules Restored by FCC
The Federal Communications Commission reverses a Trump-era decision that restores open internet access rules first passed in 2015.Inc. - Business -
US applications for jobless claims fall to lowest level in 9 weeks
Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflationABC News - Top stories -
Bears pick QB Williams No. 1, WR Odunze No. 9
The Bears selected USC quarterback Caleb Williams with the No. 1 overall pick in the NFL draft.ESPN - Sports - NFL -
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 -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
FCC votes to restore net neutrality rules
The Federal Communications Commission (FCC) voted Thursday to restore Obama-era net neutrality rules. The agency voted 3-2 along partisan lines to revive rules barring broadband providers from blocking or throttling internet traffic to some ...The Hill - Politics -
F.C.C. Votes to Restore Net Neutrality Rules
Commissioners voted along party lines to revive the rules that declare broadband as a utility-like service that could be regulated like phones and water.The New York Times - Tech -
The FCC Restores Net Neutrality. What It Means for the Internet
The federal agency plans to start regulating internet service like a public utility, bringing back rules that ban “fast lanes” for certain websitesThe Wall Street Journal - World -
Net Neutrality Returns to a Very Different Internet
The FCC voted 3-2 to restore net neutrality rules that had disappeared during the Trump administration.Wired - Tech -
The FCC Restores Net Neutrality. What It Means for the Internet
The federal agency plans to start regulating internet service like a public utility, bringing back rules that ban “fast lanes” for certain websitesThe Wall Street Journal - Business -
'Net Neutrality' Faces a Stiff Judicial Test
The revived rule likely violates the major questions doctrine.The Wall Street Journal - World -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.CNBC - Business - Donald Trump -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock.NBC News - Top stories - Donald Trump -
Chinese student given 9-month prison sentence for harassing person posting democracy leaflets
The U.S. Attorney's office says a Chinese former student at Boston's Berklee College of Music has been sentenced to nine months in prison for stalking and threatening a person who posted a flyer in support of democracy in the Asian countryABC News - Top stories -
Chinese student sentenced to 9 months in prison for harassing pro-democracy activist in Boston
A former Berklee College of Music student from China was sentenced Wednesday to nine months in prison for stalking and threatening a pro-democracy activist.NBC News - Top stories -
Could a president stage a coup? And 9 more key moments from Trump's immunity hearing
Here are 10 key moments and exchanges from Trump's immunity hearing before the Supreme CourtABC News - Top stories -
Elias Díaz gets key hit as the Rockies rally for a wild 10-9 victory over the Padres
Elias Díaz capped Colorado’s six-run eighth inning with a tiebreaking RBI double, and the Rockies beat the San Diego Padres 10-9ABC News - Sports - MLB -
Intel reports 9% YoY Q1 growth, driven by computing, AI and edge products
Intel announced its earnings under its new financial structuring model as it seeks to establish itself as a leader in AI hardware.VentureBeat - Tech -
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate, but the report also included more evidence that the Federal Reserve’s efforts to tame price increases have stalled.The New York Times - Top stories -
U.S. Economy Grew at 1.6% Rate in First Quarter
Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.The New York Times - Business -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - World -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - Business -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - World -
Five things to know about the return of net neutrality rules
The Federal Communications Commission (FCC) is set to vote Thursday to restore Obama-era net neutrality rules. Here’s what you need to know: What is net neutrality? Net neutrality refers to the principle that internet service providers should ...The Hill - Politics