Biden Touts Stronger Than Expected Economic Report
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New York Community Bancorp’s stock jumps more than 30% after reporting narrower-than-expected loss
New CEO Joseph Otting sees a “path to profitability” in the next two years.MarketWatch - Business - New York -
DoorDash loses more than expected, but sales top expectations
Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter loss amid signs of a slight slowdown in growth for its large U.S. restaurant business, and it offered a second-quarter forecast for a key demand metric ...MarketWatch - Business -
Construction spending posts bigger-than-expected drop
Construction spending fell 0.2% in March, the Commerce Department reported Wednesday.MarketWatch - Business -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
New York police storm Columbia and arrest pro-Palestinian protesters
Hundreds of officers in riot gear detain students who occupied campus building for nearly 24 hoursFinancial Times - Business - New York -
Antony Blinken tells Israel and Hamas that ‘time is now’ for a deal
Secretary of state says militant group must accept latest proposal but reiterates US opposition to Rafah offensiveFinancial Times - Business - Israel -
Smith & Nephew grants CEO 30% pay rise despite shareholder revolt
AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targetsFinancial Times - Business -
Biden’s worst-case economic scenario is unfolding at the worst possible time
The economic growth that the administration hoped would at least outstrip inflation’s increase — and reverse some of that cumulative effect — is not.The Hill - Politics - Joe Biden -
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market.CNBC - Business -
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market, according to ADP.NBC News - Top stories -
Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones
Qualcomm called out strong demand for "premium tier" smartphones that require the most advanced chips.CNBC - Business -
Biden forgives more than $6B in student debt for 317K defrauded borrowers
The Biden administration announced Wednesday it would be forgiving $6 billion in student debt for borrowers who attended the Arts Institutes. The 317,000 borrowers will receive the relief after it was discovered the school “falsified data, ...The Hill - Politics - Joe Biden -
Kristaps Porzingis injury update: Celtics big man expected to miss several games with calf strain, per report
Porzingis exited Game 4 with what the team initially called calf tightnessCBS Sports - Sports - NBA -
'Here in the Pitch' by Jessica Pratt Review: A Stronger Sound
The indie singer-songwriter delivers her most fleshed-out collection yet with her evocative, affecting fourth album.The Wall Street Journal - World -
Blinken Pushes for Gaza Cease-Fire Deal in Visit to Israel
The Biden administration, rocked by protests at U.S. college campuses, is pursuing an agreement to halt the fighting.The Wall Street Journal - World - Israel -
Americans' economic confidence slips
Presented by BP — {beacon} View Online Business & Economy Business & Economy PRESENTED BY The Big Story Americans' economic confidence slips Americans’ confidence in the economy has slipped for the first time since the fall, a survey by Gallup ...The Hill - Politics -
Brazil posts strong job figures, signals stronger activity; inflation a concern
Yahoo News - World - Brazil -
Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.The New York Times - Business - Europe -
Johnson temporarily dodges ouster vote as House passes foreign aid
Conservative rebels are hoping the week-long recess will build support for their pending effort to boot the speaker.Politico - Politics -
Israeli strikes on southern Gaza city of Rafah kill 18
Israel has carried out near-daily air raids on Rafah, where more than half of Gaza’s population of 2.3 million has sought refuge.Politico - Politics - Israel -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
‘National security suicide’: Alaska senator slams Biden admin's move to restrict drilling and mining
The Interior Department’s Bureau of Land Management officially recommended against building the Ambler Road, effectively killing the project.Politico - Politics - Joe Biden -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Sherrod Brown touts fentanyl bill win in Ohio Senate slugfest
Politico - Politics -
A new ETF touts 100% downside protection. Here is how it works.
An ETF that launched on Monday promises investors 100% downside protection if they hold on to the fund, which is intended to track the S&P 500, for a full year.MarketWatch - Business -
Lufthansa Expects Second-Half Improvement
Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall in the next three months.The Wall Street Journal - Business -
Stellantis Sales Fall Short of Expectations
Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes in North America as it prepares production for new models.The Wall Street Journal - Business -
Economic confidence slips for first time since last fall: Gallup
Americans’ confidence in the economy has dropped nine points since last month, the first time it has slipped since the fall, a survey by Gallup found. The Gallup Economic Confidence Index, which summarizes the public’s view on the current economic ...The Hill - Politics