Pension Funds Report Millions in Losses Amid Silicon Valley Bank Collapse
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Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - Business -
Additional temporary channel opens, Baltimore bridge collapse cleanup continues
A fourth temporary channel is opening for the Port of Baltimore one month after the Francis Scott Key Bridge collapsed. Two victims of the collapse still have not been recovered as crews continue to remove the wreckage. Col. Estee Pinchasin, ...CBS News - Top stories -
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 -
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 -
Israel’s Military Campaign Has Left Gaza’s Medical System Near Collapse
The Israeli military’s bombardment and invasion of Gaza have decimated its health care system in a way that aid groups and international bodies are increasingly calling “systematic.”The New York Times - World - Israel -
Israel’s Military Campaign Has Left Gaza’s Medical System Near Collapse
The Israeli military’s bombardment and invasion of Gaza have decimated its health care system in a way that aid groups and international bodies are increasingly calling “systematic.”The New York Times - Top stories - Israel -
Haiti's transitional government weighs future after 'collapse' of institutions
Haiti’s transition council took power in a ceremony on Thursday, formalizing the resignation of former Prime Minster Ariel Henry as the Caribbean country seeks to establish security after years of gang violence wreaking chaos and misery.NBC News - Top stories -
Tornadoes Strike Nebraska and Iowa, Injuring at Least 9
Storms destroyed homes and injured several people in Iowa and Nebraska, including in Omaha. A tornado also hit near Des Moines.The New York Times - Top stories -
The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich | Editorial
Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy. Developing nations have long complained that globalisation has enthroned western currencies in such a way as to subsidise living ...The Guardian - World -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Chicago Bears to seek public funding in $5bn plan for new lakefront stadium
Bears unveil $5bn proposal for new domed lakefront stadiumPlan calls for $900m from Illinois Sports Facilities AuthorityThe Chicago Bears unveiled a nearly $5bn proposal Wednesday for an enclosed stadium next door to their current home at Soldier ...The Guardian - World -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Top stories -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Politics -
House GOP targets nonprofit funding in changes to earmarks process
House Republicans on Thursday announced changes to the annual process in which members apply for funding for community projects back home, after conservatives strongly opposed Democrat-backed earmarks over issues related to abortion and LGBTQ ...The Hill - Politics -
BlackRock-Backed $1.4 Billion Fund Proves There's Cash to Make in Climate Tech
BlackRock's Decarbonization Partners raised its first fund amid growing investor interest in climate tech.Inc. - Business - Climate -
These tips for investing in mutual funds and ETFs can get your portfolio in the swim
Fund managers’ stock tips, market skeptics and how to win with a strong defense.MarketWatch - Business -
NY lawmakers propose conditioning federal funding on monitoring of antisemitism
Two New York lawmakers are proposing legislation that could condition federal funding for universities to stricter monitoring of on-campus antisemitism. Reps. Ritchie Torres (D-N.Y.) and Mike Lawler (R-N.Y.) plan to introduce the College Oversight ...The Hill - Politics -
Stars hit DC red carpet to push for public arts funding
TV and film actors hit Washington, D.C. Friday as part of the Creative Coalition’s push to increase public funding for the arts, citing their crucial role in the development of children and communities. Members of the group’s delegation met with ...The Hill - Politics -
Anger at party funding scandal in Japan threatens to bring down PM Kishida
Despite talk of a Nobel peace prize, Japan’s leader is facing a backlash among voters as key byelection approaches. In the past fortnight Fumio Kishida has been mentioned as a possible recipient of the Nobel peace prize and praised for a speech to ...The Guardian - World - Japan -
Rick Scott calls for Columbia resignations, donors to withhold funds as protests rage
Sen. Rick Scott (R-Fla.) called for donations to stop and for resignations of officials at Columbia University amid protests gaining steam at college campuses around the nation. “If you’re a donor to Columbia University, stop,” Scott said in an ...The Hill - Politics -
Priest Arrested For Using Church Funds On Candy Crush And Other Mobile Games
There have been plenty of church scandals over the decades, but this might be the very first one that involves Candy Crush. Via The Philadelphia Inquirer, Reverend Lawrence Kozak was arrested in Pottstown, Pennsylvania on April 25 and charged with ...GameSpot - Tech -
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costsABC News - Top stories - Travel -
The Morning Risk Report
Foreign aid package comes with new sanctions risks for companies, and workers get ready to switch jobs but employers are fighting to stop them. Also, Swedbank to integrate operations tackling financial crime.The Wall Street Journal - World -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - World -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - Top stories -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - Politics -
$1.46 million is retirement’s magic number? It’s a fantasy for most.
The data only skim the surface.MarketWatch - Business -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
Head of Vietnam's parliament resigns amid corruption probe
Vietnamese state media outlet VN Express reports that the head of Vietnam’s Parliament, Vuong Dinh Hue, has resignedABC News - World -
Head of Vietnam's parliament resigns amid corruption probe
Yahoo News - World -
Cowboys eye Elliott reunion amid RB shortage
The Cowboys have yet to fill their running back need, but the return of Ezekiel Elliott looks more and more likely.ESPN - Sports - NFL -
Arsenal denies Spurs comeback amid title chase
Three first-half goals helped Arsenal ease to a 3-0 victory over fierce rivals Tottenham Hotspur, adding fuel to their bid for the Premier League title.ESPN - Sports - Premier League -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business