Strong Earthquake Strikes Afghanistan with Tremors Felt in Pakistan and India
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Corporate insiders are on a buyers’ strike — signaling more downward pressure on stocks
Executives in the know aren’t biting at discounted share prices.MarketWatch - Business -
Kellanova’s profit falls short of estimates but company strikes bullish tone
Kellanova, the packaged-food giant spun out of the former Kellogg, cited “tangible signs that this year’s return to full commercial activity is taking hold in the marketplace.”MarketWatch - Business -
Train companies make fresh bid for talks ahead of Aslef rail strike
Rail Delivery Group proposes informal discussions to try to end nearly two years of disruptionFinancial Times - World -
Sari shops and street food stalls: How e-payments have taken over India
Yahoo News - World -
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Google is laying off more employees and hiring for their roles outside of the U.S.CNBC - Business - Google -
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in a reorganization that will include moving some roles to India and Mexico, CNBC has learned.NBC News - Top stories - Google -
India’s TikTok ban didn’t even slow disinformation. We need a better solution.
Three main trends are hurting Indian democracy as voters are being duped and flooded with false and misleading content: influencers, WhatsApp and generative artificial intelligence.The Hill - Politics - Tiktok -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Brazil posts strong job figures, signals stronger activity; inflation a concern
Yahoo News - World - Brazil -
2024 NFL Draft TV ratings down despite strong 1st round
Viewership was still better than what the NFL Draft drew two years ago.Yahoo Sports - Sports - NFL -
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.VentureBeat - Tech -
GSK raises profit outlook on strong vaccine and HIV drug sales
Quarterly results beat expectations and signal strong start for pharma groupFinancial Times - Business -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Activists march for immigrant rights in Wisconsin: ‘We’re making this country strong’
Focus of rally went beyond immigration, to fear of authoritarianism, as Trump held campaign event nearby. Led by a mariachi band, hundreds of demonstrators on Wednesday morning marched across Milwaukee to Fiserv Forum – the home of the Milwaukee ...The Guardian - World -
NIO Shares Jump After Strong Sales Amid EV Price War
The Chinese electric-vehicle maker’s shares are on track for their largest one-day gain in more than two years.The Wall Street Journal - World -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - Business -
Pandora Lifts Sales Outlook After Strong Start to Year
Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.The Wall Street Journal - World -
Hugo Boss Keeps Outlook After Strong First Quarter
Hugo Boss reported profit and revenue growth in the first quarter, helped by brand investment and efficiency gains, and confirmed its full-year targets.The Wall Street Journal - World -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - World -
Hugo Boss Keeps Outlook After Strong First Quarter
Hugo Boss reported profit and revenue growth in the first quarter, helped by brand investment and efficiency gains, and confirmed its full-year targets.The Wall Street Journal - Business -
Pandora Lifts Sales Outlook After Strong Start to Year
Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.The Wall Street Journal - Business -
NIO Shares Jump After Strong Sales Amid EV Price War
The Chinese electric-vehicle maker’s shares are on track for their largest one-day gain in more than two years.The Wall Street Journal - Business -
Massive drone strike suggests Ukraine is going after Russia's devastating glide bombs
Yahoo News - World - Ukraine -
De La Cruz homers and Lodolo strikes out 11 in a combined 4-hitter as the Reds beat Padres 5-2
Elly De La Cruz’s 443-foot home run into the bullpen sent a few Padres relievers scrambling out of the way and Nick Lodolo combined with two relievers on a four-hitter and struck out 11 as the Cincinnati Reds beat San Diego 5-2ABC News - Sports - MLB -
Teamsters Canada Says Strikes at CN Railway, Canadian Pacific Kansas City Could Begin May 22
OTTAWA–The union representing over 9,000 workers at Canada’s two biggest railroads said nearly all of its members voted in favor of going on strike as early as May 22, which could cause extensive disruptions across North American logistics networks.The Wall Street Journal - World - Canada -
Global film and TV production down 7% this year following Hollywood strikes, report says
Global film and TV production in the first quarter of 2024 was down 7% from the same time last year, according to a report by ProdPro.Los Angeles Times - Entertainment -
Phillies strike out 18 times, but beat Angels 2-1 on Schwarber's 2-run single
Kyle Schwarber had a two-run single in the second inning, Alec Bohm extended his hitting streak to 15 games and the Philadelphia Phillies defeated the Los Angeles Angels 2-1ABC News - Sports - MLB -
Taylor Swift and Drake's label UMG strikes new licensing deal with TikTok to end spat
In a statement Thursday, UMG said the new licensing deal would lead to the return of its artists' music to TikTok.CNBC - Business - Tiktok -
FTC Says Ex-Pioneer CEO Tried to Collude With OPEC on Oil Prices
The allegations come as Exxon Mobil struck an agreement with antitrust enforcers not to add the former Pioneer CEO to its board, allowing Exxon to close a deal to acquire Pioneer.The Wall Street Journal - World -
S&P 500 Moves Higher as Earnings Roll In
U.S. stocks rose as investors await Apple’s quarterly results among other earnings.The Wall Street Journal - World -
Today's Logistics Report: Canada's Railroads Face Strike Threat; Brazil's Embraer Plots Bigger Jet
The Wall Street Journal - World -
After a strong first round, overall NFL draft ratings down 3% from last year
After posting strong numbers for the first round, viewership for the NFL draft was down 3% from last year on TV and digital platformsABC News - Entertainment - NFL -
After a strong first round, overall NFL draft ratings down 3% from last year
After posting strong numbers for the first round, viewership for the NFL draft was down 3% from last year on TV and digital platformsABC News - Sports - NFL -
Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
Amazon has reported strong results for the first quarterABC News - Tech -
Super Micro pushes up full-year revenue forecast as it points to strong AI demand
Super Micro is now a component of the S&P 500 index. The company's growth accelerated to 200% from 103% in the previous quarter, but revenue still missed.CNBC - Business -
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 -
Trend-following hedge funds are off to a strong start in 2024. Does the strategy deserve a spot in your portfolio?
Trend-following funds continued a run of strong performance in April, even as a selloff in stocks disrupted one of their biggest moneymaking trades.MarketWatch - Business -
Chris Sale tosses 5 strong innings, Braves avoid sweep with 5-2 win over Mariners
Chris Sale allowed one run over five innings and struck out nine, Austin Riley had the big blow at the plate with a two-run triple, and the Atlanta Braves salvaged the final game of a three-game series with a 5-2 win over the Seattle MarinersABC News - Sports - MLB -
Muñoz strikes out seven over six innings to get 1st major league win, Marlins beat Rockies 4-1
Roddery Muñoz pitched six strong innings to get his first major league win and the Miami Marlins beat the Colorado Rockies 4-1ABC News - Sports - MLB