Estimated Debt Ceiling Deadline Pushed Back to June 5 Yellen Says
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Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises
Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil. Shares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed ...The Guardian - World -
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 -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
5 Common Frustrations Encountered in Every New Business
Most new business owners find that growing a new venture is not all fun and satisfaction.Inc. - Business -
The Latest | Israeli strikes in Rafah kill at least 5 as ship comes under attack in the Gulf of Aden
Palestinian hospital officials said Israeli airstrikes on the southern city of Rafah in the Gaza Strip killed at least five peopleABC News - World - Israel -
Venice Implements Entry Fee to Deter Tourists
Venice’s first day of charging a fee to enter the historic center went mostly smoothly, but there were some protests and polemics.The New York Times - World -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.MarketWatch - Business -
Adyen shares slump as payments processor meets revenue estimates
Shares of Adyen slumped Thursday as the payments processor met revenue expectations even after processing more volume than anticipated.MarketWatch - Business -
Comcast beats earnings estimates even as it sheds more broadband subscribers
Comcast beat first-quarter earnings expectations on Thursday.CNBC - Business -
Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.CNBC - Business -
Altria’s earnings top estimates and tobacco company reaffirms full-year guidance
Altria Group Inc. matched profit estimates for the first quarter, while revenue net of excise taxes squeezed a small beat and the company backed its full-year guidance, reiterating its stance that there will be limited impact from enforcement ...MarketWatch - Business -
American Airlines swings to a loss, but tops estimates for Q2 forecast
American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.CNBC - Business - Travel -
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 -
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 -
As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds
Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.CNBC - Business -
‘We Are So Back’ Is So Back
The phrase has become ubiquitous online as a way to celebrate life’s small pleasures — at least until “it’s so over.”The New York Times - Lifestyle -
Josef Newgarden stripped of season-opening IndyCar victory for manipulating push-to-pass system
Josef Newgarden has been stripped of his win in IndyCar’s season-opening race at St. Petersburg because Team Penske manipulated its push-to-pass system during the race, making Pato O’Ward the winnerABC News - Sports -
Meta, in Its Biggest A.I. Push, Places Smart Assistants Across Its Apps
Users of Instagram, Facebook, WhatsApp and Messenger will be able to turn to the new technology, powered by Meta’s latest artificial intelligence model, to obtain information and complete tasks.The New York Times - Tech -
Google Sales Accelerate as Ad, Cloud Businesses Hold Up Amid Costly AI Push
Parent company Alphabet reported $80.5 billion in first-quarter revenue, an increase of 15% from the same period last year.The Wall Street Journal - Business - Google -
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productiveABC News - Tech - Microsoft -
Just 1 in 5 want Johnson replaced as Speaker: Survey
Only 1 in 5 Americans want Speaker Mike Johnson (R-La.) to be replaced, according to a new poll, which also found Democrats are more positive about him than they were late last year. A quarter of respondents are opposed to replacing Johnson, ...The Hill - Politics -
5 Moments That Have Defined Trump’s Hush-Money Trial So Far
Trials are wars of words. These are some of the most memorable that have been spoken as a jury hears the criminal case against Donald J. Trump.The New York Times - Top stories - Donald Trump -
'Metaphor: ReFantazio' Steals the Best Ideas From 'Persona 5'
Atlus promises its next game, out later this year, will be a culmination of all of its beloved RPGs.Wired - Tech -
Nootbaar, Gibson spark Cardinals to 5-1 victory over Diamondbacks
Lars Nootbaar drove in two runs and Kyle Gibson pitched six effective innings, lifting the St. Louis Cardinals to a 5-1 victory over the Arizona Diamondbacks in the finale of three-game seriesABC News - Sports - MLB -
Supreme Court Arguments on Idaho’s Abortion Ban: 5 Takeaways
The court’s ruling could extend to at least half a dozen other states that have similarly restrictive bans, and the implications of the case could stretch beyond abortion.The New York Times - Top stories - Abortion