A Dilemma for Governments How to Pay for Million Dollar Therapies
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Snap’s 2024 plans are showing signs of paying off, and shares soar 25%
Shares of Snap Inc. rocketed higher after hours on Thursday after the social-media platform forecast second-quarter sales that were better than expected, as it attracts more users and tries to strengthen its advertising business.MarketWatch - Business -
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.The Wall Street Journal - World - China -
Long-Lost Klimt Painting Sells for $37 Million at Auction
The portrait was left unfinished in the painter’s studio when he died, and questions persist over the identity of the subject and what happened to the painting during Nazi rule in Austria.The New York Times - Business -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - World -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - Top stories -
The King of Queens? A $5.775 Million Tudor Is One of the Borough's Priciest
This ornate house in Jamaica Estates has a gold-plated sink and $1 million worth of mahoganyThe Wall Street Journal - World - United Kingdom -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Continental fined 100 million euros for role in VW emissions scandal
Continental accepted a fine of 100 million euros ($107 million) from a German prosecutor’s office for its role in the Volkswagen emissions-cheating scandal of 2015.MarketWatch - Business -
Peacock Adds 3 Million Paid Subscribers as Comcast Posts Revenue Bump
The airing of an NFL Wild Card playoff game aided subscriber growth last quarter, and net profit increased 0.6% to nearly $3.9 billion. Both beat expectations.The Wall Street Journal - World -
A Penthouse With a ‘Little Garden of Eden’ Is Listed at Nearly $5 Million
David Saint, a theater director and a producer of the 2021 film version of “West Side Story,” is selling his duplex with a wraparound terrace in the East Village.The New York Times - Lifestyle -
Hippies Settled This Unusual California Community. Now Its Homes Sellfor Millions.
The Sea Ranch is secluded, architecturally distinct and doesn’t come cheap. ‘There’s no place like this anywhere.’The Wall Street Journal - World - California -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
Argentine scientists find speedy 90-million-year-old herbivore dinosaur
Yahoo News - World -
Amazon Ring customers getting $5.6 million in refunds, FTC says
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.CBS News - Top stories - Amazon -
In Settlement, FTC Sends $5.6 Million in Refunds to Ring Customers
The agency said the Amazon-owned video doorbell and security provider failed to keep personal data safe, leading to "egregious" privacy violations.Inc. - Business -
Eagles, wide receiver A.J. Brown agree to 3-year, $96 million contract extension
A.J. Brown is set to make $32 million per season, which will make him the highest paid wide receiver in NFL history.Yahoo Sports - Sports - NFL -
Warren Buffett's Real Estate Firm Settles Antitrust Matter for $250 Million
The real estate industry has now agreed to pay nearly $1 billion to settle anti-competitive allegations.The Wall Street Journal - World -
Poland's prosecutor general says previous government used spyware against hundreds of people
Poland’s prosecutor general has told the parliament that powerful Pegasus spyware was used against hundreds of people during the former government in PolandABC News - Tech -
Poland lays claim to a leadership role in Europe as Russia's war threatens stability
Poland’s foreign minister has called on NATO to increase its defense preparedness and said his government wants to be at the center of decision-making in the European Union, seeking to reestablish the country as a reliable international partner as ...ABC News - World - Russia -
Microsoft and Apple are safer bets than the U.S. government? Bond investors seem to think so.
Rarely have corporate bond spreads been flat, or negative, to Treasury yields.MarketWatch - Business - Microsoft -
Oklahoma prosecutors charge fifth member of anti-government group in Kansas women’s killings
Oklahoma prosecutors charged a fifth member of an anti-government group on Wednesday with killing and kidnapping two Kansas women.NBC News - Top stories -
Ariel Henry resigns as prime minister of Haiti, paving the way for a new government in the Caribbean country
Ariel Henry resigns as prime minister of Haiti, paving the way for a new government in the Caribbean countryABC News - World -
Spanish government takes control of RFEF amid investigation into corruption from Luis Rubiales' tenure
The government will be in charge of the federation until new elections take placeCBS Sports - Sports -
The federal government granted Micron Technology $6.1 billion to build two chip-making facilities in New York and one in Idaho.
The federal government granted Micron Technology $6.1 billion to build two chip-making facilities in New York and one in Idaho.The Wall Street Journal - World - New York