As Debt Ceiling Threat Looms Wall Street and Washington Have Only Rough Plans
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Pro-Palestinian protests planned for Washington's premier party weekend
Pro-Palestinian protesters are looking to puncture the festive bubble this weekend surrounding the White House Correspondents’ Association Dinner.NBC News - Top stories -
Tesla shows Wall Street a path to ‘positive catalysts,’ BofA says
Tesla Inc.’s better-than-expected quarterly earnings and reassurances from the EV maker that it is on a path of “positive catalysts” led to a stock upgrade at BofA Securities on Wednesday.MarketWatch - Business - Tesla -
Lawmakers push Wall Street giveaway disguised as increased worker security
If members of Congress want to improve retirement security, they should expand Social Security rather than Wall Street-favored individual savings and investment schemes.The Hill - Politics -
Zuckerberg burns some goodwill on Wall Street as he plows forward with the metaverse
Investors clearly also concerned that Meta’s spending will include a lot more on virtual and augmented reality.MarketWatch - Business -
Pro-Palestinian protests planned for Washington's premier party weekend
Pro-Palestinian protesters are looking to puncture the festive bubble this weekend surrounding the White House Correspondents’ Association Dinner.NBC News - Politics -
Why now is a great time to consider debt relief
A debt relief service may be able to help you deal with mounting debt. Here's why now is a great time to sign up.CBS News - Top stories -
TikTok reward-to-watch feature suspended after EU threats to block it
Service suspended in France and Spain amid safety and addiction concerns among children, in first use of new digital laws. A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the company shortly after ...The Guardian - World - Tiktok -
Questions swirl over the future of TikTok. Who could own it? How will the platform operate?
Congress passed a bill that could ban TikTok. What could happen next and who might buy the social media platform?Los Angeles Times - Entertainment -
Canary Wharf strikes £550mn financing deal ahead of debt deadlines
Docklands financial estate says £900mn wiped from value of office portfolio as it renegotiates borrowing termsFinancial Times - Business -
U.S. to Begin Construction of Gaza Pier as Rafah Invasion Looms
More humanitarian aid could reach the enclave’s north via the floating pier, including if a planned Israeli ground offensive disrupts deliveries in the south.The Wall Street Journal - World -
Russia or EU? Controversial bill draws Georgians onto streets
Thousands of Georgians have been protesting against a new bill that they claim will crush dissent.BBC News - Top stories - Russia -
‘Everyone was in the streets. I just felt happiness’: Portugal recalls the Carnation Revolution
As the country marks 50 years since the end of fascism, people celebrate the coup’s legacy but say the fight must continue . . . . At 4am on 25 April 1974, Filipe Villard Cortez got the signal. He barricaded the door of the Monte Real air base ...The Guardian - World -
Taiwan's president-elect appoints new foreign, defense ministers as island faces continued threats
Taiwan’s president-elect has appointed new foreign and defense ministers to join his incoming administration as the island faces continuing military threats and diplomatic isolation from ChinaABC News - World -
Cakes and drinks sweetener neotame can damage gut wall, scientists find
Industry’s sugar substitute E961 can have ‘toxic effect on health’, says study finding sweetener capable of damaging intestinal bacteria. A sweetener used in cakes, soft drinks and chewing gum can seriously damage people’s health by weakening the ...The Guardian - World -
Cody Bellinger heads to IL after collision with outfield wall
The Cubs will be without their star center fielder for an unknown period of timeYahoo Sports - Sports -
The Tale of a Wall by Nasser Abu Srour review – a Palestinian prisoner writes
Jailed since the first intifada, Abu Srour charts a deeply personal journey through the conflict that has defined his life. Attempts to end the violence in Gaza have focused on the exchange of Israeli hostages taken by Hamas on 7 October for ...The Guardian - World -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is "not in a condition to be closed."Los Angeles Times - Entertainment -
Princeton students plan pro-Palestinian encampment: Report
Yahoo News - World -
What is the U.K. plan to send asylum seekers to Rwanda?
Yahoo News - World - United Kingdom -
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 -
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.The Wall Street Journal - World -
Cody Bellinger injury: Cubs outfielder suffers fractured ribs after crashing into wall, lands on IL
Bellinger re-signed with the Cubs in the offseasonCBS Sports - Sports -
There Is No TikTok in China, Only Douyin. Here’s What It Is.
ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world, Douyin is the company’s cash cow and a China mainstay.The New York Times - Business - Tiktok -
Trump’s Immunity Claim Joins His Plans to Increase Executive Power
The former president is asking the Supreme Court to put the presidency above criminal law as he pursues a broader agenda of expanding the office’s power should he win the election.The New York Times - Top stories - Donald Trump -
Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'
Oracle Corp. Chairman Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industryABC News - Tech -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Chicago Bears' new stadium plans revealed, from roof to plaza and more
The Bears on Wednesday gave fans and all of Chicago a first look at what they're planning to build along the city's lakefront, announcing everything from a location to roofing plans to green space to plaza details.Yahoo Sports - Sports -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence
Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results.NBC News - Top stories -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Acrivon Therapeutics’ shares climb 14% on plans to present cancer-test data
Shares of Acrivon Therapeutics advanced in post-market trading after the biopharmaceutical company said it would present clinical trial data in connection with a biomarker test for ovarian and endometrial cancers.MarketWatch - Business -
New Jersey Bankruptcy Judge Allows Diocese Sex-Abuse Plan to Advance
The Camden Diocese’s insurers had opposed the bankruptcy plan for sex-abuse claims.The Wall Street Journal - World -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Jimmy Kimmel: ‘The only faithful relationship Trump’s ever been in is with the National Enquirer’
Late-night hosts discuss another day in court for Donald Trump, where he once again violated a gag order to not harass witnesses. Late-night hosts talked Donald Trump’s violation of another gag order during his criminal hush-money trial and ...The Guardian - World