A Rocking Chair Rebellion Seniors Call on Banks to Dump Big Oil
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Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.MarketWatch - Business -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
The 'Senior' Jobs That Require Little or No Experience
Many early-career jobs now come with inflated titles, and a loophole in the FTC’s new ban on noncompetes could lead to dubious promotionsThe Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - 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 -
Ex-Post Office boss 'does not recall' being told IT firm could access accounts
Angela van den Bogerd tells the public inquiry she is "truly sorry" after sub-postmasters were wrongfully convicted.BBC News - Top stories -
PwC picks consultant Marco Amitrano as next UK senior partner
Big Four firm names new head after three-way race that included female candidates for first timeFinancial Times - Business - United Kingdom -
PwC picks consultant Marco Amitrano as next UK senior partner
Big Four firm names new head after three-way race that included female candidates for first timeFinancial Times - Business - United Kingdom -
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 -
Fifa announces deal with Saudi oil company Aramco
Fifa has announced a partnership with Saudi Arabia's state-owned oil company, Aramco.BBC News - Top stories -
Social Security’s COLA formula could change under new proposal — and mean higher benefits for seniors
Using a different index to measure Social Security’s cost-of-living adjustment could better reflect senior spendingMarketWatch - Business -
Affordable senior housing faces crisis-level demand and scarce supply: 26,000 applications for 84 units
“It’s one of the worst environments of housing availability.”MarketWatch - Business -
Evening Report — Protests rock college campuses over Israel-Hamas war
A quick recap of the day and what to look forward to tomorrow {beacon} Evening Report © Greg Nash / The Hill Protests rock college campuses over Israel-Hamas war Pro-Palestinian protests have roiled college campuses across the U.S. this ...The Hill - Politics - Israel -
BBC Verify examines reported strikes on Russian oil depots
The reported strikes have been geolocated to the Smolensk region of western Russia.BBC News - Top stories - Russia -
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 -
Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - 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 -
‘Outrageous’ climate activists get in the faces of politicians and oil bosses – will it work?
As the climate crisis has deepened, protesters have become more confrontational – and their ambitions have grown. The head of ExxonMobil told to “eat shit” as he was about to receive an award. A US senator and coal boss called a “sick fuck”, ...The Guardian - World - Climate -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - 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 - Business -
Oil Rises; Gains May Be Capped by Bearish Near-Term Fundamentals
Oil gained in possible position adjustment in the early Asian session. With no supply disruptions, however, the focus has shifted to increasingly bearish near-term fundamentals, Citi said.The Wall Street Journal - World -
Tesla's Big Rally Drives the Nasdaq Higher
U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.The Wall Street Journal - World -
Honda Commits to E.V.s With Big Investment in Canada
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.The New York Times - Business -
Biden speaks softly and carries a big diplomatic stick
Biden knows how to cultivate adversaries and preserve them by keeping mum on his work behind the scenes.The Hill - Politics - Joe Biden -
How big a threat to Humza Yousaf is a no-confidence vote?
How likely is the first minister to be ousted by a vote of confidence in the Scottish Parliament?BBC News - Top stories -
2024 Porsche Macan: A Big Step in EV Tech
The all-electric successor to the Macan compact SUV, the most popular model in Porsche’s lineup, is built on an upgraded EV platform—and now feistier than ever.The Wall Street Journal - World -
Europe risks dying and faces big decisions - Macron
The French president delivers a stark warning for Europe to act fast to survive in a changing world.BBC News - Top stories - Europe -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
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 -
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 -
Suns' Big 3 in a big pickle, down 2-0 against the Timberwolves as series moves to Phoenix
The Phoenix Suns and their so-called Big Three return home to the desert in a big pickleABC News - Sports -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Music Review: St. Vincent's art-rock burns bright on seventh album, 'All Born Screaming'
On her seventh full-length studio album, Annie Clark, who performs as St. Vincent, unleashes her broad range of art-rock gifts, from the crackling ember of her vocals to raging infernos of swirling, epic orchestration, writes the Associated Press’ ...ABC News - Entertainment -
Charlize Theron, Michelle Williams and Naomi Watts Turn Out for Dior
This week, the musician Kim Gordon performed after a star-studded Dior runway show in Brooklyn. And, luminaries honored Tony Bennett during Jazz at Lincoln Center’s annual gala.The New York Times - Lifestyle -
Rosamund Pike Sways to Alt-Rock and Robert De Niro Takes in Some Jazz
This week, the musician Kim Gordon performed after a star-studded Dior runway show in Brooklyn. And, luminaries honored Tony Bennett during Jazz at Lincoln Center’s annual gala.The New York Times - Lifestyle -
Rock & Roll Hall of Fame's latest class includes Mary J. Blige and Cher
Mary J. Blige, Cher, Foreigner, A Tribe Called Quest, Kool & The Gang, Ozzy Osbourne, Dave Matthews Band and Peter Frampton have been named to the Rock & Roll Hall of Fame.CBS News - Entertainment