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Companies that unlock new bitcoins are revamping their businesses to depend less on the cryptocurrency ahead of a supply contraction that will cut profits in half.
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Samsung's Net Profit Quadruples as Chip Business Rebounds
The South Korean tech giant’s flagship semiconductor business swung to profit on higher memory-chip prices amid the artificial-intelligence boom.The Wall Street Journal - Tech -
Hotel Workers Plan Rallies in 18 Cities Ahead of Contract Negotiations
Unionized employees of Marriott, Hilton, and Hyatt properties will take to the streets May 1, seeking major pay increases in a sign of organized labor's growing clout.Inc. - Business -
New Jersey barber specializes in cuts for those with developmental disabilites
A barber in Nutley, New Jersey, specializes in giving haircuts to adults with autism, sensory issues and other developmental disabilities. His services are so sought after, some of his clientele even fly in from out of state.CBS News - Top stories -
New Nutrition Guidelines Put Less Sugar and Salt on the Menu for School Meals
The Agriculture Department finalized a new rule to bring the meals more in line with federal dietary standards.The New York Times - Health -
The best Apple Watch deals ahead of Memorial Day will net you a great smartwatch for less
Save big on Apple smartwatches before Memorial Day rolls around with deals on nearly every current model.CBS News - Top stories -
Chiefs sign Travis Kelce to new contract that reportedly makes him highest-paid TE in NFL
Travis Kelce has reportedly gotten a raise.Yahoo Sports - Sports - NFL -
Lufthansa Expects Second-Half Improvement
Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall in the next three months.The Wall Street Journal - Business -
New Series I bond rate drops to 4.28%, but your rate could be much less if you bought at the peak
The fixed rate holds at 1.3% on new purchases for the next six months, but the inflation-adjusted rate is slightly lower than six months ago.MarketWatch - Business -
CBS News poll: Democrats start out ahead in 2024 U.S. Senate races
Senators Bob Casey in Pennsylvania and Tammy Baldwin in Wisconsin lead right now, but many voters are undecidedCBS News - Politics -
Environmental Law Revamp to Speed Clean Energy, Infrastructure Project Approvals
An overhaul of the National Environmental Policy Act promises faster greenlighting of solar andwind sites, as well as semiconductor manufacturing.Inc. - Business
More from The Wall Street Journal
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New York Mayor Says Conflict at Columbia Must End as Police Amass Nearby
Police await a request from the university to act as pro-Palestinian demonstrators occupy an academic building.The Wall Street Journal - World - New York -
Nikkei May Fall Amid Uncertainty Over Fed Policy Outlook
Japanese stocks may fall as uncertainty persists over the Fed’s policy outlook due to recent signs of strong inflation.The Wall Street Journal - World - Federal Reserve -
Australia's Manufacturing PMI Shows Signs of Recovery
Activity across Australia’s manufacturing sector improved strongly in April but it is too soon to call an end to a cyclical downswing in the sector seen over the last year.The Wall Street Journal - World - Australia -
Founder of Binance, World's Largest Crypto Firm, Sentenced to Four Months
Changpeng Zhao’s sentence was lighter than prosecutors had requested and the culmination of a multiyear U.S. investigation into crypto exchange Binance.The Wall Street Journal - World - Crypto -
New Zealand's Jobless Rate Rises Sharply
New Zealand’s unemployment rate jumped sharply in the first three months of this year as the economy slumbered in an extended recession and high interest rates battered household budgets.The Wall Street Journal - World - New Zealand