Eye Opener Fresh Concerns over Global Banks Hit Wall Street
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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 -
Wall Street’s Patience for a Costly A.I. Arms Race Is Waning
A sell-off in Meta’s stock after the company disclosed huge investments in the technology may be a sign of investor fears about tech giants’ spending.The New York Times - Business -
Comcast beats earnings estimates even as it sheds more broadband subscribers
Comcast beat first-quarter earnings expectations on Thursday.CNBC - Business -
A justifiable ban on US non-compete clauses
There are other ways of retaining key workers and protecting trade secretsFinancial Times - World -
Japanese yen hits fresh 34-year low despite verbal intervention from authorities
The yen slipped past 155 against the U.S. dollar on Wednesday, touching a new 34-year low against continued strength in the greenback.CNBC - Business - Japan -
Japanese yen hits fresh 34-year low despite verbal intervention from authorities
The yen slipped past 155 against the U.S. dollar on Thursday, touching a new 34-year low against continued strength in the greenback.NBC News - Top stories - Japan -
Eye Opener: Hundreds of people arrested at campus protests
Police arrest hundreds at campus protests across the country, while Speaker Mike Johnson jumps into the debate at Columbia University. Also, the Supreme Court considers Donald Trump's claim of absolute immunity for anything he did while in office. ...CBS News - Top stories -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
We know how to deter British children from alcohol, say experts, after concerns over WHO report
Study found Great Britain had worst rate of child alcohol consumption in world, but youth drinking is said still to have ‘declined sharply’. In 2000, about 19% of children under 16 in England smoked, according to Action on Smoking and Health. By ...The Guardian - World -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
Wada hits back at ‘damaging’ bias accusations over handling of China case
Independent prosecutor Eric Cottier appointed to review caseIn 2021 23 swimmers were cleared of doping after positive tests The World Anti-Doping Agency has dismissed allegations that it is biased in favour of China as “damaging and baseless” and ...The Guardian - World - China -
Twins' Castro hits birthday homer, lifts Minnesota to 6-3 win over White Sox
Willi Castro hit a 3-run home run on his 27th birthday and Joe Ryan pitched six innings for his first win of the year as the Minnesota Twins beat the Chicago White Sox 6-3 WednesdayABC News - Sports - MLB -
Nadal cruises to straight-set win over American teenager in first round of Madrid Open
Rafael Nadal didn’t need much effort as he cruised to a 6-1, 6-0 victory against American teenager Darwin Blanch in the first round of the Madrid openABC News - Sports -
Extremist guilty of murdering man in street
Moroccan asylum seeker Ahmed Alid told police he stabbed two men in protest at the Gaza conflict.BBC News - Top stories -
US aid package offers fresh hope to Ukraine
Much-needed supplies are key to fending off Russian attacksFinancial Times - World - Ukraine -
A fresh FTSE high is not yet reason for UK enthusiasm
Recent turnaround still owes most to a steep and persistent valuation discountFinancial Times - Business - United Kingdom -
A fresh FTSE high is not yet reason for UK enthusiasm
Recent turnaround still owes most to a steep and persistent valuation discountFinancial Times - World - United Kingdom -
Global delegates negotiate plastic pollution treaty
Representatives from across the world are gathering in Ottawa, Canada, to negotiate a potential treaty to limit plastic pollution. CBS News national environmental correspondent David Schechter has the latest on the talks.CBS News - Top stories -
Trump Media Analyst Coverage: No Word From the Street
Brokerages that cover other social media platforms aren't reporting on Truth Social's parent company, one of the most traded stocks on Wall Street.Inc. - Business - Donald Trump -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
From a Tiny Island in Maine, He Serves Up Fresh Media Gossip
Rusty Foster could never live in New York. But his hit newsletter, Today in Tabs, is an enduring obsession of the city’s media class.The New York Times - Lifestyle -
Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes
A little over a year ago, Chipotle announced the opening of its first Farmesa location.CNBC - Business -
U.S. Natural Gas Futures Sink on Storage Concerns
U.S. natural gas futures posted their sharpest one-day decline since mid-January, with May hitting a new contract low amid prospects of an increase in already hefty excess storage.The Wall Street Journal - World -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.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 -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
‘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 -
Football’s unlikeliest global brand: how Fleetwood made it big in the UAE
Despite relegation to England’s fourth tier, Cod Army have cast net to be like ‘City Football Group but on a much smaller scale’. Fleetwood United’s celebrations on becoming second division champions in the United Arab Emirates could not be ...The Guardian - World -
Harley-Davidson’s stock skids as global motorcycle shipments fall
The motorcycle icon beat analyst estimates, but its shares fell 15.4%.MarketWatch - Business -
Global heating and urbanisation to blame for severity of UAE floods, study finds
World Weather Attribution group says intensified El Niño effects caused torrential rain, but rules out cloud seeding as cause. Fossil fuels and concrete combined to worsen the “death trap” conditions during recent record flooding in the United ...The Guardian - 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 -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
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 -
Macro concerns kept games investors cautious in Q1 2024 I InvestGame
Gaming investments totaled $2.2B in Q1 2024 according to InvestGame. Investors remain risk-averse with few exit options on the table.VentureBeat - Tech -
USC cancels main graduation commencement ceremony, citing safety concerns
Columbia protest encampment to continue after deadline to clear out passesNBC News - Top stories