Israels Strike Was Smaller Than Expected and So Was Irans Reaction
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Pfizer beats earnings estimates, raises outlook on cost cuts and smaller-than-feared drop in Covid drug sales
The pharmaceutical giant's quarterly results also benefited from a smaller-than-feared drop in sales for its Covid antiviral pill Paxlovid.CNBC - Business - Covid -
DoorDash’s outlook is sinking its stock. But one analyst says it typically forecasts conservatively.
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 -
Why Israel is so determined to launch an offensive in Rafah. And why so many oppose it
Israel is determined to launch an offensive against Hamas in Rafah, Gaza’s southernmost town, a plan that has raised global alarm because of the potential for harm to more than a million Palestinian civilians sheltering thereABC News - World - Israel -
Construction spending posts bigger-than-expected drop
Construction spending fell 0.2% in March, the Commerce Department reported Wednesday.MarketWatch - Business -
Metal Prices Mixed, With Gold Holding Firm as Base Metals Slip
Metal prices were mixed, with gold futures up 0.1% at $2,313.3 a troy ounce, but base metals falling back.The Wall Street Journal - World -
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 -
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 -
Will Tories dump Rishi Sunak if election results worse than expected?
There are few policy reasons to change leader, so lack of campaigning nous of PM who ‘can’t do human’ may be only argument. With just two days to go before a knife-edge election in Rishi Sunak’s own back yard, it was the shadow chancellor, Rachel ...The Guardian - World -
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 -
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 -
Shell unveils new $3.5bn share buy-back after higher profits than expected
Despite payouts the oil and gas giant faces growing investor pressure to address its carbon emissions. Shell will shower its shareholders with another $3.5bn (£2.8bn) in share buy-backs over the next quarter after reporting better than expected ...The Guardian - World -
Moderna loses less than expected as Covid vaccine sales beat estimates, cost cuts take hold
The company reiterated its full-year 2024 sales guidance of roughly $4 billion, which includes revenue from the expected launch of its RSV vaccine.CNBC - Business - Covid -
Moderna posts better-than-expected quarterly results as it looks to fall RSV vaccine launch
Moderna on Thursday reported a narrower-than-expected first-quarter loss as the COVID vaccine maker looks launch its second product in the U.S. later this year.MarketWatch - Business -
Joe Biden condemns ‘violent protests’ after more than 100 people arrested at UCLA – live
President says ‘vandalism, trespassing, breaking windows … none of this is peaceful protest’ in response to campus demonstrations across US. Police clear encampment at UCLA and arrest over 100 protestersUS students: share your experience of the ...The Guardian - World - Joe Biden -
The Fed is stuck, and so are stocks
Growth is still strong and inflation too highFinancial Times - World - Federal Reserve -
Renegade Partners Nets $128 Million as Smaller Funds Have Their Moment
The average size of a U.S. venture fund in the first quarter of this year was $105 million, a 34% fall from all of last year and its lowest level since 2017.The Wall Street Journal - World -
Iran: Death sentence commuted for oil billionaire
Yahoo News - World - Iran -
Senators press Biden administration on Iran crypto mining
Sens. Elizabeth Warren (D-Mass.) and Angus King (I-Maine) pressed the Biden administration on Wednesday for information on how it is addressing Iran’s use of cryptocurrency mining to evade sanctions. “Iran has raised millions of dollars through ...The Hill - Politics - Joe Biden -
A guide to everyone Taylor Swift sings about in 'Tortured Poets Department' — and their reactions
Taylor Swift didn't hold back from discussing ex-boyfriends and celebrity feuds in 'The Tortured Poets Department,' her brand new double album.Los Angeles Times - Entertainment -
Bayern Munich 2-2 Real Madrid: Vinicius scores twice, Kane once in razor-thin first leg
It's games and clubs like these that make the Champions League, the Champions League.Yahoo Sports - Sports -
Shota Imanaga shares hilarious first reaction to pitching in New York
Chicago Cubs pitcher Shota Imanaga had another dominant start in Wednesday’s 1-0 win over the New York Mets, and his reaction to his first trip to the Big Apple is absolutely priceless.Yahoo Sports - Sports - New York -
Why China Is So Bad at Disinformation
China’s state-sponsored disinformation campaign has been running at a massive scale for seven years—but no one is looking at it.Wired - Tech - China -
The Guardian view on the women of Iran: still resisting repression | Editorial
The regime wants to crush resistance. But those it rules continue to push back against its brutality. The protests that exploded across Iran following Mahsa Amini’s death in custody in September 2022 were a turning point. The young Iranian-Kurdish ...The Guardian - World -
Iran commutes a tycoon's death sentence to 20 years in prison
Iran’s official IRNA news agency reported that a tycoon's death sentence has been commuted to 20 years in prison after he returned around $2.1 billion in assets from illegally selling oil abroadABC News - World - Iran -
Iran's terrorist regime is strengthening military cooperation in Latin America
Today’s world has become a battlefield between tyrannical regimes and democratic governments. The situation in America's so-called backyard requires an early, preventive, and comprehensive attention.The Hill - Politics - Iran -
Iran charges journalists after BBC report on teen protester's death
Yahoo News - World - Iran -
Iran charges journalists after BBC report on teen protester's death
Iran’s judiciary rejects as “fake” a BBC report that alleges security forces killed Nika Shakarami.BBC News - Top stories - Iran -
The State of Venture Funding in 2024 So Far? Anemic
Hyper growth is out, and profitability is in for venture backed companies.Inc. - Business -
Bayern Munich 2-2 Real Madrid: Champions League semi-final, first leg – as it happened
Vinícius Júnior scored twice while Harry Kane notched his 43rd goal of the season as European royalty traded blows in Munich. 4 min: Bellingham tries to switch play from right to left with a first-time speculative hoof. Rodrygo can’t latch onto ...The Guardian - World - UEFA Champions League -
DBS Earnings Beat Expectations
Singapore’s biggest bank by assets said its first-quarter net profit rose on higher fee and commission income, and expects to deliver strong shareholder returns this yearThe Wall Street Journal - World -
Apple Revenue Expected to Decline
The tech giant has been hit by a range of issues in recent months. It and Tesla are the only two of the “Magnificent Seven” big tech stocks in the red in 2024.The Wall Street Journal - World - Apple -
Deadly Russian Strikes Hit Civilian Center and Other Targets in Odesa
Ukraine accused Russia of using a cluster weapon in a civilian area on Monday, killing five people. A strike on Wednesday killed three others, an official said.The New York Times - World - Russia -
Train strikes: How May's disruption affects you
Train drivers are staging strikes and an overtime ban around the May Bank Holiday.BBC News - Top stories -
The UN's nuclear watchdog chief will visit Iran next week as concerns rise about uranium enrichment
The head of the United Nations’ nuclear watchdog will travel to Iran next week as Tehran’s nuclear program enriches uranium a step away from weapons-grade levels and international oversight remains limitedABC News - World - Iran -
Iran files charges over BBC report on teen girl allegedly killed by security forces in 2022 protests
Iranian prosecutors have filed criminal charges against activists and journalists following a BBC report that alleged security forces “sexually assaulted and killed” a 16-year-old girl during the protests over the death of Mahsa Amini in 2022ABC News - World - Iran