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China's Air Passenger Numbers Surge in First Quarter
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Tesla shares surge after Elon Musk secures deal with China’s Baidu
Shares in US electric-car maker soar 17% on autonomous driving prospects in world’s biggest auto marketFinancial Times - Business - Elon Musk -
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate, but the report also included more evidence that the Federal Reserve’s efforts to tame price increases have stalled.The New York Times - Top stories -
U.S. Economy Grew at 1.6% Rate in First Quarter
Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.The New York Times - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Air Canada apologizes after headdress of First Nations chief removed to hold
Politicians decry ‘shameful’ incident on domestic flight in which Cindy Woodhouse Nepinak’s headdress was taken by airline staff. Canada’s largest airline has apologized to a prominent First Nations chief after her ceremonial headdress was removed ...The Guardian - World -
Meta's Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.CNBC - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.CNBC - Business
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Blinken Begins High-Stakes Middle East Trip Aimed at Gaza Cease-Fire
Washington hopes to delay an Israeli invasion of Rafah as protests rile U.S. campuses and Israel’s isolation deepens.The Wall Street Journal - World -
Australia Shares Set to Build on Week-Opening Gains
Australia’s S&P/ASX 200 looks set to edge higher at the open, building on its week-opening gains following a positive lead by U.S. equities.The Wall Street Journal - World - Australia -
NBC Prepares $2.5-Billion-a-Year Bid to Pluck NBA Rights From TNT
The league is in advanced stages of a new round of media-rights deals. Disney’s payments would increase under a proposed deal.The Wall Street Journal - World - NBA -
Columbia Turns Up Pressure on Pro-Palestinian Student Protesters
Alumni, donors and Democrats had called on the school to disband encampment.The Wall Street Journal - World -
Protectionism Won't Save U.S. Steel's Jobs
Its Japanese suitor, Nippon Steel, has the capital it needs to make it competitive again.The Wall Street Journal - World