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Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
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Hershey’s stock rallies after earnings beat, as chocolate sales jump
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Amgen ‘very encouraged’ by data from weight-loss-drug trial, as stock jumps
Shares of Amgen Inc. rallied in the extended session Thursday after the drug maker posted adjusted earnings above expectations and executives said they are “very encouraged” by preliminary data from a trial of an injectable weight-loss drug.MarketWatch - Business -
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world’s biggest initial public offering so far this year.The Wall Street Journal - World -
Google defends ‘better’ search product as US antitrust trial wraps up
Department of Justice has challenged tech group’s market power in high-profile showdownFinancial Times - Business - Google -
Confusion and trade rules are speed bumps for Biden’s EV goals
If widespread EV adoption is truly a priority, then America’s trade policies, some of which Biden inherited and some of which are his own, need another look.The Hill - Politics - Joe Biden -
U.S. Stocks Climb After Jobs Report
U.S. stocks were climbing after the latest jobs report showed hiring pulled back sharply in April.The Wall Street Journal - World -
Jump in penalties for late filing of tax returns
A self-assessment return may be due even if there is nothing to payFinancial Times - World -
How Marine Le Pen fell out with the German far right
Trip to tropical island brings Rassemblement National to brink of break-up with Alternative for GermanyFinancial Times - World - Germany -
Conservative Ben Houchen holds on as mayor in key Tees Valley race
Result provides glimmer of hope for Rishi Sunak in otherwise grim local election resultsFinancial Times - World
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The Eta Aquarid meteor shower peaks this weekend. Here's how to see it
The Eta Aquarid meteor shower peaks this weekendABC News - Tech -
Google, Justice Department make final arguments about whether search engine is a monopoly
The government and Google are making their closing arguments in a high-stakes antitrust trial to a federal judge in Washington who must now decide whether the tech giant’s search engine constitutes an illegal monopolyABC News - Tech - Google -
The UK government acted unlawfully in approving a climate plan, a High Court judge has ruled
A U.K. High Court judge has ruled that the government acted unlawfully when it approved a plan to meet climate targets without evidence it could be deliveredABC News - Tech - United Kingdom -
China launches the Chang'e-6 lunar probe on a mission to return samples from the less-explored far side of the moon
China launches the Chang'e-6 lunar probe on a mission to return samples from the less-explored far side of the moonABC News - Tech - China -
China sends a probe to get samples from the less-explored far side of the moon
China has launched a lunar probe to land on the far side of the moon and return with samples that could provide insights into differences between the less-explored region and the better-known near sideABC News - Tech - China