Amazon Plans to Shut Three Uk Warehouses with 1200 Jobs at Risk World Bank Slashes Growth Forecasts – As It Happened
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Biden delivers remarks on the CHIPS Act and job growth
Watch live coverage as President Biden delivers remarks on how the CHIPS and Science Act are growing the economy and creating jobs.NBC News - Top stories - Joe Biden -
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 -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - 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 -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'
Oracle Corp. Chairman Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industryABC News - Tech -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened
FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter. Full story: US growth slows as inflation rises, spooking marketsFull story: BHP moves to buy Anglo American ...The Guardian - World -
Inside the UK’s failing plans to ‘level up’ left-behind towns
The promise of billions in regeneration funding helped Boris Johnson win power in 2019. But critics say little has changed on the groundFinancial Times - World -
Inside the UK’s failing plans to ‘level up’ left-behind towns
The promise of billions in regeneration funding helped Boris Johnson win power in 2019. But critics say little has changed on the groundFinancial Times - Business -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
Southwest Airlines is one of Boeing's biggest customers and flies only 737s.CNBC - Business -
Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025.NBC News - Top stories -
Barclays chief calls for return of UK equity risk culture
British bank reports 13% decline in quarterly profits but still beats analysts’ expectationsFinancial Times - Business - United Kingdom -
Roku warns of tougher bar for growth ahead. An analyst says that is its ‘fundamental risk.’
TV-streaming service Roku Inc. on Thursday forecast second-quarter sales that were above expectations, but warned of a higher bar for growth up ahead and moderating profit in the second half of the year.MarketWatch - Business -
Briton charged with aiding Russia and planning arson against Ukraine-linked business in UK
Dylan Earl accused of organising arson attack in east London and four others charged in connection with investigation. A 20-year-old British man has been charged with planning an arson attack on a Ukraine-linked business and assisting Russian ...The Guardian - World - Ukraine -
As rumors swirl about her successor, UK ambassador plans to stay as long as she can
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
As rumors swirl about her successor, UK ambassador plans to stay as long as she can
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
As rumors swirl about her successor, UK ambassador plans to stay as long as she can
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say
If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.CNBC - Business -
Owner of Michigan warehouse in deadly blast is arrested at airport with one-way ticket
The owner of a Michigan business that exploded in March has been charged with involuntary manslaughter after a flying canister from the blast hit and killed a 19-year-old standing outside a quarter-mile away.NBC News - Top stories -
The 'Senior' Jobs That Require Little or No Experience
Many early-career jobs now come with inflated titles, and a loophole in the FTC’s new ban on noncompetes could lead to dubious promotionsThe Wall Street Journal - World -
Slot confirms he wants Liverpool job
Arne Slot confirms that he is interested in becoming Liverpool's manager after Jurgen Klopp leaves at the end of the season.BBC News - Top stories -
What happens next to TikTok
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story What happens next to TikTok President Biden signed a bill Wednesday that could lead to a ban on TikTok, but the video-sharing app won’t be cut off from ...The Hill - Politics - Tiktok -
Pandabuy: police raid ‘20 football stadiums’ worth of alleged fake goods warehouses
Arrests as Chinese authorities working with UK police and international trademark agencies seize millions of parcels bound for customers worldwide. Chinese authorities have targeted a major online sales platform accused of supplying counterfeit ...The Guardian - World -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
John Lewis job applicants get questions beforehand
The retail group hopes giving candidates sight of questions will make process fairer.BBC News - Top stories -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - Business -
Forecasters predict record number of hurricanes
Weather forecasters at the University of Pennsylvania predicted a record hurricane season for 2024 on Thursday, a “hyperactive” season that could threaten the Gulf Coast. The Penn forecast predicts between 27 and 39 named tropical storms, with the ...The Hill - Politics -
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 -
Exxon is working on tech to remove CO2 from atmosphere but a breakthrough is needed to slash costs
Exxon CEO Darren Woods said the technology is currently unaffordable with CO2 removal costing between $600 to $1,000 per ton.CNBC - Business -
Welcome to Scam World
To own a computer or smartphone — indeed, to engage with the digital world to any degree — is to be a mark. You can try to block, encrypt and unsubscribe your way out of it, but you may not succeed.The New York Times - Lifestyle -
What's News: World-Wide
What’s News: World-WideThe Wall Street Journal - World -
As Alphabet follows Meta with a dividend, the pressure is now on Amazon
Dividends are a sign of maturing companies, but may also be a diversion for investors amid hefty capital spendingMarketWatch - Business -
The 33 Best Shows on Amazon Prime Right Now
From Mr. and Mrs. Smith to Fallout, these are our picks for what you should be watching on the streamer.Wired - Tech