Bipartisan Deal Reached to Raise the Debt Limit
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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 -
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 -
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 -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
How to pay off $7,500 in credit card debt
Do you have $7,500 or more in credit card debt? Here are a few ways to pay it off quickly.CBS News - Top stories -
Former foe of Ukraine assistance helps move aid bill with broad bipartisan support
Speaker Mike Johnson has gained the respect of his conference, not only by listening for hours on end to his colleagues’ advice and complaints, but also by quickly learning the difference between representing only your congressional district and, ...The Hill - Politics - Ukraine -
Texans reached "compromise" with NFL, Titans over use of Oilers-style blue
Last year, the NFL forced the University of Houston to ditch alternate uniforms that included Houston Oilers-style Columbia Blue.Yahoo Sports - Sports - NFL -
Harry Kewell’s Yokohama defy the odds to reach Asian Champions League final
Socceroo great sees 10-man team beat South Korea’s Ulsan Shootout ensures showdown with UAE’s Al-AinHarry Kewell has enjoyed the greatest moment of his coaching career by guiding the 10-man Yokohama F.Marinos, against all the odds, into the Asian ...The Guardian - World - UEFA Champions League -
Scotland Made Big Climate Pledges. Now They’re ‘Out of Reach.’
Despite significant progress, Scotland was falling short on cutting vehicle emissions, switching to heat pumps and even restoring peatland, the government said.The New York Times - Science - Climate -
Scotland ditches 2030 climate target as being ‘out of reach’
Decision to drop pledge to cut emissions by 75% by end of the decade labelled an ‘abject humiliation’ for SNP-Green coalitionFinancial Times - Business - Climate -
Cost of buying a home in America reaches a new high, Redfin says
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.CBS News - Top stories -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Ukraine can keep on fighting Russia — but the 'victory' it wants might be out of reach
With future military aid looking uncertain, uncomfortable questions are being asked as to what "victory" Ukraine could realistically achieve against Russia.CNBC - Business - Ukraine -
Watch reaction when minister asks if Congo is a different country to Rwanda
The Question Time audience were surprised when Chris Philp answered an audience member's question about DR Congo.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Business -
Banned football fan raises £15,000 to sue
Linzi Smith's lawyer says the club's actions are a "huge overreach" in to her personal life.BBC News - Top stories -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
With New Salt and Sugar Limits, School Cafeterias Are ‘Cringing’
Many parents and nutritionists applauded stricter federal regulations, but food companies say the changes could increase costs and waste.The New York Times - Business -
With New Salt and Sugar Limits, School Cafeterias Are ‘Cringing’
Many parents and nutritionists applauded stricter federal regulations, but food companies say the changes could increase costs and waste.The New York Times - Top stories -
Tough questions as Supreme Court debates Trump's immunity claim
Justices push lawyers for both sides on whether a president can be criminally prosecuted for acts while in office.BBC News - Top stories - Donald Trump -
A mining industry mega-deal
BHP proposes £31bn takeover of Anglo AmericanFinancial Times - World -
Senate Minority Leader McConnell, fresh off a bipartisan victory on overseas aid, said he wants to pump up U.S. military spending to meet new challenges from China, Russia and Iran.
Senate Minority Leader McConnell, fresh off a bipartisan victory on overseas aid, said he wants to pump up U.S. military spending to meet new challenges from China, Russia and Iran.The Wall Street Journal - World -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
A high-profile murder trial in Kazakhstan raises awareness of domestic violence
Kazakhstan has been riveted by the live-streamed trial of a businessman accused of murdering his wife, raising awareness about domestic violence.NBC News - Top stories -
New crash test results raise concern for some small SUVs
The Insurance Institute for Highway Safety has updated its testing of vehicles’ ability to avoid crashes. The results show there is some concern for smaller SUVs, as most models did not do well.CBS News - Top stories -
CARV raises $10M to build out modular data layer for gaming and AI
CARV announced that it's raised $10 million in funding to expand its modular data layer for gaming and AI.VentureBeat - Tech -
Movement Labs raises $38M to bring Facebook’s Move Virtual Machine to Ethereum
Movement Labs has raised $38 million in funding to bring Facebook’s Move Virtual Machine to Ethereum in order to improve security.VentureBeat - Tech -
NextEra Arm, Squeezed by Niche Financing, Considers Private Capital Raise
NextEra Energy Partners is mulling its options for how to pay bills coming due under an obscure type of financing that has weighed on the company since its stock price tumbled last year.The Wall Street Journal - World