Adani Group Firms Lose $9bn in Value Amid Short Seller Claims
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Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
Trump Media CEO renews assault on ‘DJT’ short sellers — but the math doesn’t add up
Former President Donald Trump’s media company is waging war on short sellers, but data show they cannot be blamed for the stock’s volatility.MarketWatch - Business - Donald Trump -
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.CNBC - Business -
Mexican president claims that criminal groups are 'respectful' and 'respect the citizenry'
Mexico's president says the country's violent criminal gangs and drug cartels are essentially “respectful people” who “respect the citizenry” and mostly just kill each otherABC News - World -
Muslim groups claim double standards in police handling of two high-profile stabbings in Sydney
Muslim groups in Australia have criticized the disparity in the police response to two stabbing attacks in Sydney this month, saying it created a perception of a double standard and further alienated the country’s minority Muslim communityABC News - World -
Muslim groups claim double standards in police handling of two high-profile stabbings in Sydney
Yahoo News - World -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
US-Best-Sellers-Books-PW
US-Best-Sellers-Books-PW Week ending 4/20/2024ABC News - Entertainment -
Meta value falls $190bn as investors react to plan to increase spending on AI
Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from products. Business live – latest updatesShares in Meta slumped 15% when Wall Street opened on Thursday, wiping about $190bn off ...The Guardian - World -
Buyout Shop GTCR's Take-Private Deal Values AssetMark at $2.7 Billion
The private-equity firm is buying out majority owner Huatai Securities, which acquired the wealth management company in 2016.The Wall Street Journal - World -
Paris's Moulin Rouge loses windmill sails overnight
The cause of the sails' collapse from the roof of the world famous cabaret club is not yet clear.BBC News - Top stories -
Housing supply surges by up to 50% in these metro areas — and many sellers are being forced to slash their asking prices
The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.MarketWatch - Business -
Southwest Airlines considers ending open seating as loss widens, revenue falls short
Southwest Airlines Co.’s stock tumbled 9% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.MarketWatch - Business - Travel -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Ukraine's air defence plea falls short in S Europe
Greece says it cannot spare its defence systems and Spain reportedly says it can only provide missiles.BBC News - Top stories - Ukraine -
Ukraine war: Kyiv's plea for Patriots falls short in Greece and Spain
Yahoo News - World - Ukraine -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
TikTok's Chinese parent firm says no plans to sell
The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.BBC News - Top stories - Tiktok -
Thoma Bravo to Buy U.K. Cybersecurity Firm Darktrace
Private equity firm Thoma Bravo said it plans to buy Darktrace in a cash deal that values the U.K. cybersecurity company at around $5 billion.The Wall Street Journal - World - United Kingdom -
2024 Fantasy Baseball: Week 5 trade values chart and rest-of-season rankings for H2H and Rotisserie leagues
The trade values chart aims to help you make the best value trades you canCBS Sports - Sports -
In Supreme Court Immunity Case, Trump Can Lose in Ways That Amount to a Win
After the justices hear arguments on Thursday, how they decide may be just as important as what they decide.The New York Times - Top stories - Donald Trump -
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 -
Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.The Wall Street Journal - World -
Russell Crowe Loses Himself To Evil In The Exorcism's First Trailer
A year ago this month, Russell Crowe put on a priest's collar and vestments in The Pope's Exorcist to play Father Gabriele Amorth, who was supposedly a rock star in the field of sending demons back to Hell. But in his next horror movie, The ...GameSpot - Tech -
Hundreds at Harvard Protest Suspension of Pro-Palestinian Group
Students flooded Harvard Yard, the oldest part of the university’s campus, which officials recently closed to the public. The students set up tents for an “emergency rally.”The New York Times - Top stories -
Business groups sue FTC over noncompete ban
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY view The Big Story Business groups sue to block FTC's noncompete ban The Federal Trade Commission's (FTC) decision to ban noncompete agreements is being met with ...The Hill - Politics -
Oaktree Spins Out Transportation-Infrastructure Group
Two senior Oaktree executives have formed Duration Capital Partners with $3.65 billion in infrastructure assets, people familiar with the matter said.The Wall Street Journal - World -
IG Group clients hit by refund errors
Company blames ‘technical issue’ for money being removed from accountsFinancial Times - Business -
Chinese spying claims in the UK – and beyond
Plus, the PM’s big move on defence and Labour’s rail renationalisation plansFinancial Times - World - United Kingdom -
Survey finds that 60 firms are responsible for half of world’s plastic pollution
Study confirms Philip Morris International, Danone, Nestlé, PepsiCo and Coca-Cola are worst offenders. Fewer than 60 multinationals are responsible for more than half of the world’s plastic pollution, with five responsible for a quarter of that, ...The Guardian - World -
US TikTok ban would be 'devastating', UK firms warn
UK businesses using TikTok say they could see a significant drop in sales if the app is banned in the US.BBC News - Top stories - 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 -
German pharmaceutical firm Merck lays cornerstone for research centre
Yahoo News - World - Germany -
A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.The New York Times - Business -
A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.The New York Times - Top stories