Microsoft to Lay Off 10000 Workers Citing Concern about A Possible Recession
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Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Copper Still Isn't a One-Way Bet
The price of the metal has surged and BHP has bid for miner Anglo American, but the bull case for the metal is a bit more complicated than it seems.The Wall Street Journal - World -
Can Biden Revive the Fortunes of American Workers?
He’s the most pro-labor president since Harry Truman. Is that enough?The New York Times - Top stories - Joe Biden -
Daimler Truck Workers Reach Deal and Avert Threatened Strike in North Carolina
The United Automobile Workers reached an agreement involving workers who make Freightliner trucks and Thomas Built buses. The deal comes as the union seeks to expand in Southern states.The New York Times - Business -
Daimler Truck Workers Reach Deal and Avert Threatened Strike in North Carolina
The United Automobile Workers reached an agreement involving workers who make Freightliner trucks and Thomas Built buses. The deal comes as the union seeks to expand in Southern states.The New York Times - Top stories -
Legal Ban on Worker Noncompetes Faces Uphill Battle
The U.S. Chamber of Commerce is among the business groups that have already filed suit against the FTC's rule, which may be overturned by increasingly skeptical courts.Inc. - Business -
American Airlines cuts some international flights into 2025, citing Boeing delivery delays
American is the latest carrier to tweak its growth plan, citing late-arriving planes from Boeing.CNBC - Business - Travel -
Junk science is cited in abortion ban cases. Researchers are fighting the ‘fatally flawed’ work
Researchers are calling for the retraction of misleading anti-abortion studies that could influence judges in critical cases. The retraction of three peer-reviewed articles prominently cited in court cases on the so-called abortion pill – ...The Guardian - World - Abortion -
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 -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Concern Over Visa Wait Times for Fans of the 2026 World Cup
The U.S. Department of State encouraged supporters in affected countries to start applying for visas now, over two years out from the tournament.The New York Times - Sports - World Cup -
Sean McVay tiptoes around Matthew Stafford's contract concerns
Stafford forces issue on whether Rams will cut him after 2024.Yahoo Sports - Sports -
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 -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Microsoft Hopes to See Continued AI Mania
Investors will be watching how enthusiasm over artificial intelligence technology is fueling demand for Microsoft’s cloud services.The Wall Street Journal - World - Microsoft -
Microsoft’s cloud sales receive a boost from AI
Tech group’s shares up 3% a day after better than expected earnings reportFinancial Times - Business - Microsoft -
Watch the Full Interview
JPMorgan Chase CEO Jamie Dimon discusses his concerns about the future of the economy, the effect of overseas wars and the importance of U.S. leadership in a wide-ranging interview with WSJ’s Emma Tucker.The Wall Street Journal - World -
Microsoft CEO to Visit Southeast Asia With AI on Agenda
Satya Nadella will meet officials in Indonesia, Thailand and Malaysia next week, as the tech titan is betting on generative AI for long-term growth.The Wall Street Journal - Tech - Microsoft -
Microsoft Makes a New Push Into Smaller A.I. Systems
The company that has invested billions in generative A.I. pioneers like OpenAI says giant systems aren’t necessarily what everyone needs.The New York Times - Tech - Microsoft -
Google and Microsoft Cushion Their AI Capital Pains
Record-high capital expenditures come as both core businesses are performing well.The Wall Street Journal - World - Google -
Microsoft CEO Comments On Xbox Games Coming To PlayStation
In a bid to make more money and expand Xbox's reach, Microsoft is bringing more games to PlayStation and Nintendo Switch, and this is part of a wider strategy.. Microsoft CEO Satya Nadella addressed this during the company's latest earnings ...GameSpot - Tech - Microsoft -
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 -
New Federal Rules Set Overtime Pay Guidelines for Salaried Workers
The Biden administration finalizes overtime regulations for millions more salaried workers who earn less than $43,888 a year.Inc. - Business -
SpaceX Worker Injury Rates Are Alarmingly High for Second Year in a Row
Injury rates among SpaceX employees are as much as nine times higher than the industry average in some facilities.Inc. - Business -
Chef José Andrés says aid workers killed by Israeli airstrikes represented the 'best of humanity'
The founder of World Central Kitchen says the seven aid workers killed by Israeli airstrikes represented the “best of humanity.”ABC News - Top stories - Israel -
José Andrés Eulogizes 7 World Central Kitchen Workers Killed in Gaza
The chef voiced “regret, sorrow and anger” at a Washington memorial for the workers slain while delivering food for his World Central Kitchen.The New York Times - Top stories -
Black and Latino workers die on the job at disproportionate rates, new report shows
Black workers’ job fatality rates are the highest they’ve been in nearly 15 years, and Latino workers die on the job more than any other group, according to a new report.NBC News - Top stories -
17 states challenge federal rules entitling workers to accommodations for abortion
Seventeen states are challenging new federal rules entitling workers to time off and other accommodations for abortionsABC News - Health - Abortion -
José Andrés memorializes WCK workers killed in Gaza at National Cathedral service
Celebrity chef and founder of nonprofit World Central Kitchen (WCK) José Andrés memorialized his seven employees killed during an aid mission in Gaza at a service at the Washington National Cathedral on Thursday. “They risked everything to feed ...The Hill - Politics -
Former Boeing Manager Says Workers Mishandled Parts to Meet Deadlines
Merle Meyers, who left Boeing last year after a 30-year career, said he was speaking publicly about his experience because he loved the company “fiercely.”The New York Times - Tech -
17 states sue over rule entitling workers to some abortion accommodations
Republican attorneys general from 17 states have filed a lawsuit challenging a rule entitling workers to some abortion accommodations, alleging the regulation adopted by the Equal Employment Opportunity Commission (EEOC) is in overreach. The ...The Hill - Politics - Abortion -
Starbucks, Workers United made 'significant progress' in this week's contract talks
Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.CNBC - Business -
Bird flu cases are likely being missed in dairy workers, experts say
Are cases of bird flu being missed in dairy workers? Experts say it's likely that there are some cases going unreported. Protecting dairy workers should be a top priority.NBC News - Top stories -
United Auto Workers reaches deal with Daimler Truck, averting potential strike
The union struck a four-year agreement with the German company on Friday evening, just before the expiration of the previous contract.CBS News - Top stories -
World Central Kitchen resuming operations in Gaza after killing of 7 workers
World Central Kitchen will be resuming operations in the Gaza Strip after an Israeli strike killed seven of its workers earlier this month, the nonprofit organization announced Sunday. The nonprofit organization, founded by celebrity chef José ...The Hill - Politics -
17 states challenge federal rules entitling workers to accommodations for abortion
Seventeen states are challenging new federal rules entitling workers to time off and other accommodations for abortionsABC News - Health - Abortion