Defective Loose Wheels Risking Derailment Discovered on Norfolk Southern Rail Cars
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Teamsters union endorses activist Ancora in Norfolk Southern proxy fight
The activist at Norfolk Southern won support of the Teamsters union, a key endorsement as Ancora seeks to convince shareholders their plan is the right option.CNBC - Business -
Rail Britannia?
Labour announce plans to renationalise nearly all passenger rail servicesBBC News - Top stories -
How trading up for Lance in 2021 draft ultimately didn't derail 49ers
The 49ers traded a haul of picks to trade up and select Trey Lance with the No. 3 pick in the 2021 NFL Draft. The selection never worked out, but thankfully for San Francisco, Brock Purdy fell into its lap.Yahoo Sports - Sports - NFL -
‘The movement will persist’: Advocates stress Weinstein reversal doesn’t derail #MeToo reckoning
Harvey Weinstein's accusers and their advocates were shocked and angered by an appellate court’s decision to overturn the ex-movie mogul’s 2020 rape convictionABC News - Entertainment -
Horses Run Loose Through Central London in Surreal Spectacle
A number of runaway army horses galloped through London on Wednesday morning, causing alarm and injuring pedestrians. All of the animals were eventually recovered.The New York Times - World -
Labour pledges to fully renationalise rail network
Opposition says it will roll out reforms within first term if it wins UK general electionFinancial Times - Business -
The Papers: Labour 'vow to nationalise rail' and school stabbing
Labour's election promise on the train network and a "horrific" Wales stabbing feature in the papers.BBC News - Top stories -
Tesla steers back towards cheaper cars
Elon Musk seeks to appease the market after 40% stock slideFinancial Times - Business - Tesla -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - World -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - Business -
The Morning Risk Report
Business groups race to block FTC’s ban on noncompete agreements, and crypto mixer Samourai Wallet’s co-founders arrested for money laundering. Also, Ecuador’s former comptroller general convicted in case tied to Odebrecht.The Wall Street Journal - World -
Labour promises rail nationalisation within five years of coming to power
Party pledges to bring all passenger rail – but not rolling stock – into public ownership as contracts with train operators expire. Labour will fully nationalise the train network within five years of coming to power, with a pledge to guarantee ...The Guardian - World -
Labour pledges to renationalise most rail services within five years
Labour says its plan will improve services - but the Tories say it is "pointless" and "unfunded".BBC News - Top stories -
2 military horses that broke free and ran loose across London are in serious condition
A U.K. government official says two riderless military horses that bolted and ran miles through the streets of London after being spooked by construction noise are in serious condition and required operationsABC News - World -
2 military horses that broke free and ran loose across London are in serious condition
A U.K. government official says two riderless military horses that bolted and ran miles through the streets of London after being spooked by construction noise are in serious condition after undergoing operationsABC News - Top stories -
DeepMind researchers discover impressive learning capabilities in long-context LLMs
In their study, the DeepMind researchers investigated how many-shot ICL affects the performance of LLMs in downstream tasks.VentureBeat - Tech -
Parents have an adorable reaction when they discover both daughters are pregnant
Yahoo News - World -
Deep-sea creature — with ‘rectangular’ shape — discovered as new species. Take a look
Yahoo News - World -
Gaza Authorities Say More Bodies Were Discovered in Mass Grave
An analysis of satellite imagery and videos by the The Times found that two of three graves had been dug on a hospital’s grounds before an Israeli raid.The New York Times - World -
Gaza Authorities Say More Bodies Were Discovered in Mass Grave
An analysis of satellite imagery and videos by the The Times found that two of three graves had been dug on a hospital’s grounds before an Israeli raid.The New York Times - Top stories -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
Chinese automakers redefine the car as a living space at Beijing Auto Show
The seemingly never-ending efforts of China’s electric car makers to redefine the automobile are on display at the nation’s largest annual auto showABC News - Tech -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.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 -
Turkish rail officials jailed for more than 108 years for crash that left 25 dead
A court in Turkey sentenced nine rail officials to more than 108 years’ imprisonment over a crash six years ago that killed 25 people, local media reported on ThursdayABC News - World -
10 years after Flint's lead water crisis began, a lack of urgency stalls 'proper justice'
FLINT, Mich. — Ten years ago, smiling politicians posed for cameras while pushing a button, swapping the main tap water source for this majority-Black, impoverished city to the Flint River — the untreated water that started flowing from residents’ ...NBC News - Top stories -
Capital One-Discover merger comment period extended by Feds in move seen as routine
A comment period extension for the blockbuster $35 billion acquisition of Discover Financial Services by Capital One Financial Corp. isn’t a signal that the deal will be spiked for being anti-competitive, analysts said.MarketWatch - Business -
When Danish police pulled a woman over, she locked herself in her car and refused to talk
Danish police say that a routine traffic stop on a highway south of the capital turned into an unusual standoff as a 26-year-old woman locked her car and refused to speak to the police officer who had pulled her overABC News - World -
Man sentenced to 25 years in prison for killing retired NFL star Will Smith during a confrontation following a car crash
Man sentenced to 25 years in prison for killing retired NFL star Will Smith during a confrontation following a car crashABC News - Sports -
Half of U.S. households can only afford a $400 car payment. Their options — new or used — are scarce.
The large number of buyers seeking a low-cost, entry-level vehicle are underserved in today’s market.MarketWatch - Business -
Man who fatally shot ex-Saints star Will Smith after a car crash gets 25 years in prison
The man who fatally shot retired NFL star Will Smith during a confrontation following a car crash in 2016 received a 25-year prison sentence Thursday in a New Orleans courtroom.NBC News - Top stories -
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 -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
Barclays chief calls for return of UK equity risk culture
British bank reports 13% decline in quarterly profits but still beats analysts’ expectationsFinancial Times - Business - United Kingdom -
Russian Missile Incursions Into NATO Risk Wider War, Poland's President Says
Andrzej Duda called the flyovers in Polish airspace provocations that put infrastructure and people in danger.The Wall Street Journal - World - Russia -
Youth mobility deal risks waking sleeping Brexit dogs
Also in this week’s newsletter, new border charges threaten to push up imported food pricesFinancial Times - World -
Foreign Aid Package Comes With New Sanctions Risks for Companies
Prosecutors will now have up to 10 years to investigate sanctions violations, and banks will be required to flag suspicious transactions that could be tied to fentanyl trafficking.The Wall Street Journal - World -
Supreme Court appears open to some presidential immunity for Trump, risking delays
Justices on the Supreme Court voiced skepticism Thursday to assertions from former President Trump’s attorneys that presidential immunity could extend to an attempted coup or the assassination of a political rival, even as they seemed ready to ...The Hill - Politics - Donald Trump -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China