Wetherspoon Profits Jump As Covid Recovery Continues
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SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
GSK Upgrades Targets as Core Profits Jump
GSK lifted its full-year guidance after first-quarter core earnings rose 28%, helped by higher sales of vaccines and specialty medicines .The Wall Street Journal - World -
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 -
NYCB shares jump 30% after CEO gives two-year plan for 'clear path to profitability'
CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.CNBC - Business -
Australia's Manufacturing PMI Shows Signs of Recovery
Activity across Australia’s manufacturing sector improved strongly in April but it is too soon to call an end to a cyclical downswing in the sector seen over the last year.The Wall Street Journal - World - Australia -
Oracle's Jump to Nashville Surprises Austin
The software giant said it is making the leap to get closer to the healthcare industry.The Wall Street Journal - Tech - Tennessee -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Trump held in contempt as "hush money" trial continues
Former President Trump was held in contempt and threatened with jail time for violating the gag order in his criminal "hush money" trial. Tuesday's proceedings also heard testimony from Stormy Daniels' former lawyer. Jericka Duncan reports.CBS News - Top stories - Donald Trump -
House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.BBC News - Top stories - Mortgage -
This Ship Is Sinking. Can I Jump to a Client’s?
In the workplace, saving yourself is also your job.The New York Times - Business -
Pfizer to sell Covid and migraine drugs directly to consumers
US pharma group follows Eli Lilly with website for patients to obtain medication onlineFinancial Times - Business - Covid -
Leaking made it harder to do business - Sterling
Former civil service boss says the leaking of papers during Covid meant ministers were reluctant to bring forward sensitive items.BBC News - Top stories -
Trump held in contempt as "hush money" trial continues
Former President Trump was held in contempt and threatened with jail time for violating the gag order in his criminal "hush money" trial. Tuesday's proceedings also heard testimony from Stormy Daniels' former lawyer. Jericka Duncan reports.CBS News - Politics - Donald Trump -
Pinterest Stock Jumps on Higher Revenue, Narrower Loss
Pinterest shares jumped after the social-media platform reported higher quarterly revenue and a narrower loss.The Wall Street Journal - World -
Tornado, severe weather continues to threaten Midwest
One person was killed in Westmoreland, Kansas, on Tuesday after a tornado tore through the small city. Another tornado in Oklahoma touched down, damaging several buildings. The severe weather risk continues Wednesday, stretching from Nebraska to ...CBS News - Top stories -
UChicago, DePaul encampment continue as nationwide protests escalate
Yahoo News - World -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Protests continue at university campuses across the US – in pictures
After major police raids on universities in New York and Los Angeles on Tuesday, students continued to demonstrate against the war in Gaza Continue reading...The Guardian - World -
Bret Baier's teenage son Paul is in recovery after emergency open-heart surgery
Bret Baier's 16-year-old son Paul, who was born with heart defects, is recovering after his fifth — and hopefully last — open-heart surgery.Los Angeles Times - Entertainment -
Clariant Confirms Outlook as Profits Rise
Clariant reiterated its full-year outlook after it reported an improved earnings margin in the first quarter, helped by lower raw material prices and a strong performance at its aviation business.The Wall Street Journal - Business -
Haleon Keeps Outlook as Profits Rise
Haleon reported a 2% rise in underlying profits for the first quarter despite lower revenue, and maintained its full-year guidance and buyback plan.The Wall Street Journal - World -
Treasury yields finish April with biggest monthly jumps since 2022-2023
Treasurys sold off on Tuesday, solidifying the 10-year yield’s biggest monthly increase in more than a year, after U.S. economic data threw more doubt on the Federal Reserve’s ability to cut interest rates this year.MarketWatch - Business -
Trump Media shares rise again, jump 50% in the past week
The stock has had several volatile days in the past month, trading at a high of about $60 a share and a low of just over $20 per share.CNBC - Business - Donald Trump -
Aston Martin losses jump 90% as SUV sales drop
British carmaker reports £138.8mn pre-tax loss as it wrestles with debtFinancial Times - Business -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Chinese Scientist Who Shared Covid Sequence Protests Lab Closure
Professor Zhang Yongzhen had flouted a government ban by disclosing the genome of the Covid virus soon after it emerged in Wuhan in 2020.The New York Times - World - Covid -
DJT shares close down more than 9% as Trump Media hot streak stalls
Trump Media, owner of the Truth Social app, has seen a series of gains for its DJT ticker, even after majority shareholder Donald Trump earned extra shares.CNBC - Business - Donald Trump -
DJT shares plummet more than 10% as hot streak for Trump Media stalls
Trump Media shares dropped sharply in morning trading Wednesday, shortly after breaking above the $50 per share threshold for the first time in nearly a month.NBC News - Top stories - Donald Trump -
Israel under pressure to let more aid into Gaza as hostage talks continue
Antony Blinken holds two-hour meeting with Netanyahu while Hamas considers ceasefire proposal. Israel’s leaders were under renewed pressure to allow more aid into Gaza on Wednesday after the US secretary of state, Antony Blinken, told Benjamin ...The Guardian - World - Israel -
DePaul students continue encampment in solidarity with Gaza on Lincoln Park campus
Yahoo News - World -
Republicans Step Up Attacks on Scientist at Heart of Covid Lab Leak Theory
A heated hearing produced no new evidence that Peter Daszak or his nonprofit, EcoHealth Alliance, were implicated in the Covid outbreak.The New York Times - Top stories - Covid -
Republicans Step Up Attacks on Scientist at Heart of Covid Lab Leak Theory
A heated hearing produced no new evidence that Peter Daszak or his nonprofit, EcoHealth Alliance, were implicated in the Covid outbreak.The New York Times - Science - Covid -
OMV Profit Tops Hopes, Keeps Outlook
OMV reported first-quarter profits ahead of forecasts despite revenue falling on lower gas prices, and backed its full-year production guidance.The Wall Street Journal - Business -
Santander Confirms Outlook Despite Profit Miss
Santander posted a below-forecast rise in first-quarter net profit, for the first quarter, but said it was on track to meet its key 2024 financial targets.The Wall Street Journal - Business -
Samsung's Net Profit Quadruples as Chip Business Rebounds
The South Korean tech giant’s flagship semiconductor business swung to profit on higher memory-chip prices amid the artificial-intelligence boom.The Wall Street Journal - Tech -
Huawei's Net Profit Rose More Than Sixfold
Huawei Technologies’ net profit rose more than sixfold in the first quarter, helped by a jump in the Chinese telecommunication equipment maker’s smartphone sales in China.The Wall Street Journal - Business -
NAB's Profit Falls; Increases Share Buyback
Australia’s second-largest lender by market capitalization reported a 12% decline in half-year net profit and announced it will increase its share buyback by $980 million.The Wall Street Journal - World -
Oil prices tally back-to-back losses as Israel-Hamas cease-fire talks continue
Oil futures end lower for a second straight session Tuesday, as cease-fire talks between Israel and Hamas dampened fears of a wider conflict that could threaten crude supplies.MarketWatch - Business - Israel -
Chinese scientist who first published COVID sequence stages protest after being locked out of lab
The first scientist to publish a sequence of the COVID-19 virus in China staged a sit-in protest outside his lab after authorities locked him out of the facilityABC News - Tech - Covid -
Rookie Andy Pages has 3 RBIs to continue hot start as Dodgers beat Diamondbacks 8-4
Teoscar Hernández and Andy Pages both hit two-run doubles in a big fifth inning, Will Smith added a solo homer and the Los Angeles Dodgers beat the Arizona Diamondbacks 8-4ABC News - Sports - MLB