Amazon Posts Solid Sales But Softer Cloud Growth
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Persistently High Commodity Prices Could Delay Rate Cuts
Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.The Wall Street Journal - World -
Russian Missile Incursions Into NATO Risk Wider War, Poland's President Says
Andrzej Duda called the flyovers in Polish airspace provocations that put infrastructure and people in danger.The Wall Street Journal - World - Russia -
The Morning Risk Report
Foreign aid package comes with new sanctions risks for companies, and workers get ready to switch jobs but employers are fighting to stop them. Also, Swedbank to integrate operations tackling financial crime.The Wall Street Journal - World -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy
Thrasio, an early leader in the Amazon aggregator space, is undergoing an overhaul of its C-Suite two months after the company entered bankruptcy.CNBC - Business -
Indigenous group detains 12 alleged gold miners in Amazon and hands them over to Brazilian police
An Indigenous group in Brazil says its members detained 12 people for allegedly mining illegally in the Amazon and handed them over to policeABC News - Top stories -
Indigenous group detains 12 alleged gold miners in Amazon and hands them over to Brazilian police
An Indigenous group in Brazil says its members detained 12 people for allegedly mining illegally in the Amazon and handed them over to policeABC News - World -
Indigenous group detains 12 alleged gold miners in Amazon and hands them over to Brazilian police
Yahoo News - World -
Seattle Kraken move games to over-the-air broadcaster with streaming on Amazon's Prime Video
The Seattle Kraken will move their games to an over-the-air broadcaster and have a streaming partnership with Amazon’s Prime Video beginning with the 2024-25 seasonABC News - Sports -
Seattle Kraken move games to over-the-air broadcaster with streaming on Amazon's Prime Video
The Seattle Kraken will move their games to an over-the-air broadcaster and have a streaming partnership with Amazon’s Prime Video beginning with the 2024-25 seasonABC News - Entertainment -
Amazon, YouTube Vie for NBA Streaming Rights as League's Media Talks Heat Up
The league is advancing toward lucrative deals with incumbent partners and is in talks with tech giants as well as NBCUniversal.The Wall Street Journal - World - NBA -
Amazon, YouTube Vie for NBA Streaming Rights as League's Media Talks Heat Up
The league is advancing toward lucrative deals with incumbent partners and is in talks with tech giants as well as NBCUniversal.The Wall Street Journal - Business - NBA -
The NBA is advancing toward a series of major media deals, with Amazon and Google's YouTube vying for a new streaming package.
The NBA is advancing toward a series of major media deals, with Amazon and Google’s YouTube vying for a new streaming package.The Wall Street Journal - World - NBA -
Cramer's week ahead: Fed meeting and earnings from Apple, Amazon, Eli Lilly
CNBC's Jim Cramer on Friday walked investors through next week on Wall Street.CNBC - Business - Federal Reserve -
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 -
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 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 -
Monster Beverage cut to sell because it’s ‘no longer…a high growth story’
Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recoveryMarketWatch - Business -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Noise from traffic stunts growth of baby birds, study finds
Researchers also find zebra finches 20% less likely to hatch from eggs if exposed to noise pollution. Noise pollution from traffic stunts growth in baby birds, even while inside the egg, research has found.. Unhatched birds and hatchlings that are ...The Guardian - World -
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth
Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.CNBC - Business -
AbbVie’s first-quarter results top expectations as arthritis drugs fuel growth
AbbVie on Friday reported first-quarter results that beat expectations even as sales of its blockbuster autoimmune drug Humira continued to fall.MarketWatch - Business -
Charter continues to shed internet subscribers, reflecting cable’s growth woes
Charter lost more internet subscribers than expected in the first quarter as the cable industry’s broadband growth challenges continued.MarketWatch - Business -
Microsoft's profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.
Microsoft’s profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.The Wall Street Journal - World -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
How TikTok Helped This Beauty Brand Break $100 Million in Sales
The Beachwaver Co., a bootstrapped family business, has leveraged social media to drive fast growth.Inc. - Business - Tiktok -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Michelin Backs Targets After Weaker Demand Hurts Sales
Sales for the French tire manufacturer fell to €6.64 billion from €6.96 billion in the first quarter of last year.The Wall Street Journal - Business -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
Venice entry fee tickets go on sale. Here's how they work
Venice's long awaited entry fee for day trippers launched on April 25. Here's how to pay, and how to claim an exemption if you're staying in the city.CNN - Top stories -
See inside Frank Sinatra and Mia Farrow's home that's now on sale
Looking for a place to live in NYC? Zillow is now listing Frank Sinatra and Mia Farrow's former home on the Upper East Side.CBS News - Top stories -
See inside Frank Sinatra and Mia Farrow's home that's now on sale
Looking for a place to live in NYC? Zillow is now listing Frank Sinatra and Mia Farrow's former home on the Upper East Side.CBS News - Entertainment -
Urban flats for sale in Great Britain for less than £500,000 – in pictures
From a modern development in the heart of Edinburgh to a Grade II-listed townhouse in Ramsgate Continue reading...The Guardian - World -
Xbox Hardware Just Had Worst Sales Dropoff In Years
Microsoft has released its latest earnings report, and included in the document is an update on how the Xbox division is doing. Overall, Xbox revenue is way up thanks to contributions from Activision Blizzard, but hardware sales are down ...GameSpot - Tech -
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.The New York Times - Tech