Ford Says Ev Unit Losing Billions Should Be Seen As Startup
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Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates for the first quarter.CNBC - Business -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Toyota Makes $1.4 Billion EV Investment in Indiana Facility
The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky facility.The Wall Street Journal - World -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.CNBC - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Binance Founder Should Get Three Years in Prison, Prosecutors Say
Defense lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time.The New York Times - Tech -
Binance Founder Should Get 3 Years in Prison, Prosecutors Say
Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time.The New York Times - Business -
One-word Ofsted grades should stay, says government
The government says the judgements are useful for parents, after MPs called for them to be scrapped.BBC News - Top stories -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China
EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.CNBC - Business - China -
World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis. ‘Why we need a global tax on billionaires’. . . The world’s 3,000 billionaires should pay a minimum 2% ...The Guardian - World -
Poland lays claim to a leadership role in Europe as Russia's war threatens stability
Poland’s foreign minister has called on NATO to increase its defense preparedness and said his government wants to be at the center of decision-making in the European Union, seeking to reestablish the country as a reliable international partner as ...ABC News - World - Russia -
Tokyo Exchange Courts Asian Startups for IPOs
The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent gains and positioning itself as a preferred fundraising destination for companies outside Japan.The Wall Street Journal - World -
Tokyo Exchange Courts Asian Startups for IPOs
The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent gains and positioning itself as a preferred fundraising destination for companies outside Japan.The Wall Street Journal - World -
Democrats seen as more successful at passing legislation: Survey
Democrats are seen as more successful at passing legislation in the House of Representatives than their party counterparts, according to a new Monmouth University poll. More than half of Americans surveyed, 53 percent, said that Democrats have ...The Hill - Politics -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Fernandes rescues Manchester United in frantic win over Sheffield United
With 81 minutes gone Bruno Fernandes collected a Kobbie Mainoo pass and with a swish of his left foot fired a laser past Wes Foderingham and Manchester United were 3-2 ahead. The question now was could they, at last, hang on to a lead.. This was ...The Guardian - World - Premier League -
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles.MarketWatch - Business -
Stellar Blade - How To Change Eve's Hairstyle
Stellar Blade stars Eve, who, like her comrades from the Colony, is called an Angel. Still, there's one fella who's not that impressed. Help him out, and you can change our heroine's looks. Here's our guide on how to change Eve's hairstyle in ...GameSpot - Tech -
Paris's Moulin Rouge loses windmill sails overnight
The cause of the sails' collapse from the roof of the world famous cabaret club is not yet clear.BBC News - Top stories -
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 -
This startup helps plants talk to farmers, reducing pesticides and agricultural waste
InnerPlant's technology uses fluorescents in the plants, so the leaves emit a signal when they are in distress.CNBC - Business -
Donald E. Petersen, Who Boosted Quality at Ford Motor, Dies at 97
As chief executive in the 1980s, he worked with the quality guru W. Edwards Deming.The Wall Street Journal - World -
Huge fire seen as Ukraine hits Russian oil depots with drone strike
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.CBS News - World - Ukraine -
Israeli-American Hostage, Hersh Goldberg-Polin, Is Seen in Hamas Video
The video appeared to be the first time that Mr. Goldberg-Polin, who was grievously injured in the Hamas-led Oct. 7 attack, has been seen alive since he was taken captive.The New York Times - World - Israel -
Gucci Made an App for Apple Vision Pro, and It’s the Best I’ve Seen Yet
Not everyone needs a Vision Pro, but we'd all benefit from more creative storytelling like this.Inc. - Business - Apple -
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 -
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 -
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 - Business -
Manchester United 4-2 Sheffield United: Red Devils roar back to keep top six hopes on track
Sheffield United took the lead twice at Manchester United but the Red Devils came roaring back.Yahoo Sports - Sports - Premier League -
Win over Sheffield United still casts doubts for Ten Hag's Man United
Despite the win over Sheffield United, there is still concern about what Erik ten Hag can provide.ESPN - Sports - Premier League -
Japan’s small EV battery suppliers feel the heat in race for scale
Tokyo urges alliances to stay competitive but companies wary of giving up controlFinancial Times - World - Japan -
Hertz to sell 10,000 more EVs than planned, and stock suffers record plunge
Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.MarketWatch - Business -
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
A made-in-China electric vehicle will hit U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, the world’s best-selling EV, but for about $8,000 less.NBC News - Top stories -
In Supreme Court Immunity Case, Trump Can Lose in Ways That Amount to a Win
After the justices hear arguments on Thursday, how they decide may be just as important as what they decide.The New York Times - Top stories - Donald Trump -
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 -
Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.The Wall Street Journal - World