Australian Economic Growth Slows Down in First Quarter Pointing to Rising Recession Risk
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Continental Keeps Guidance Despite Weak First-Quarter
The German car-parts company confirmed both its preliminary figures for the quarter ended March and also backed its full-year outlook, despite posting a net loss of $57 million.The Wall Street Journal - Business -
Ten-year Treasury yield rises for first time in six sessions
Yields on U.S. government debt edged higher Wednesday morning, with the benchmark 10-year rate climbing from a four-week low, a day after a Federal Reserve official failed to rule out the possibility that the central bank’s next move may be to ...MarketWatch - Business -
TikTok points out lawmakers' hypocrisy in legal filing
TikTok is suing the U.S. government over a new law that would ban the app nationwide if it doesn't divest from its Chinese parent company ByteDance. In its lawsuit, TikTok points out that many of the lawmakers who passed the law still use the app. ...CBS News - Top stories - Tiktok -
Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - World -
Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - Business -
TikTok’s Future in U.S. Depends on Bet on First Amendment
The popular video-sharing app faces uncertain odds as it takes its fight to court to turn back a potential ban in the United States.The New York Times - Business -
Kate Forbes appointed deputy first minister of Scotland
Former finance secretary says receiving role in John Swinney’s cabinet is an ‘extraordinary privilege’Financial Times - Business -
Exclusive: Caulipower CEO Marc Seguin Is Stepping Down
Tyler Ricks, a veteran in the CPG space, will take on the chief executive role at the frozen food brand.Inc. - Business -
Swinney makes few changes as Forbes becomes deputy first minister
John Swinney has appointed a largely unchanged ministerial team after being sworn in as the seventh first minister of Scotland.BBC News - Top stories -
Lionel Messi’s First Soccer Contract, Written on a Napkin, Is Up for Auction
The agreement was reached in 2000, with Barcelona director Carles Rexach desperate for the club to sign the Argentine, then 13 years old.The New York Times - Sports -
Tesla Self-Driving Robotaxis May Get China Rollout First
A state-owned newspaper revealed that Elon Musk's moonshot Tesla vehicle may soon be self-driving through Chinese streets.Inc. - Business - China -
Podesta Meets With China’s Climate Envoy Amid Deep Economic Tensions
Beijing’s dominance raises economic and security concerns, and tensions will be on full display as top climate diplomats meet this week.The New York Times - Science - Climate -
Biden to Announce AI Center in Wisconsin as Part of Economic Agenda
The president’s visit will highlight the investment by Microsoft and point to a failed Foxconn project negotiated by Donald J. Trump.The New York Times - Top stories - Joe Biden -
Want More Nvidia? Investors Try Funds That Double Its Return---and Risk
Assets in leveraged single-stock ETFs have doubled this year.The Wall Street Journal - World