European Commission Spends 600 Million on 12 Firefighting Planes
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Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.CNBC - Business -
Realtors spend record $14.7 million on first-quarter lobbying as shakeup hits the real-estate industry
The National Association of Realtors scaled up its Washington lobbying effort in this year’s first quarter, according to disclosures.MarketWatch - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
EU Commission to provide another €68m in aid for Palestinians in Gaza
Yahoo News - World -
Buffett’s real estate brokerage to pay $250mn over commission lawsuits
Settlement resolves second of Berkshire Hathaway’s three big legal entanglements over the past yearFinancial Times - Business -
European equities are enjoying a 1990s revival
Market conditions are reminiscent of the soft landing that followed Alan Greenspan’s ‘Fed pivot’Financial Times - World -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Airbus Sticks to Plane-Delivery Goal, Ramps Up A350 Production
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.The Wall Street Journal - World -
Cleverly likens Tory plots against Sunak to leaving plane without parachute
UK home secretary says an attempted putsch against PM after a local election drubbing would be a ‘catastrophic idea’Financial Times - Business -
Airbus Sticks to Plane-Delivery Goal, Ramps Up A350 Production
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.The Wall Street Journal - Business -
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 -
Airbus CFO says A350 plane production increase not tied to Boeing troubles
Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing.CNBC - Business -
Delta plane's emergency slide falls off during flight
An emergency slide separated from a Delta plane not long after takeoff from New York City, forcing the pilots to return to the airport, officials said.ABC News - Top stories -
‘Can you catch it as well?’: bird stunt causes flap in European parliament
Slovakian MEP pulls dove from bag and frees it as ‘symbol of peace’, prompting criticism from colleagues. A Slovakian MEP has raised eyebrows by producing a live bird from a bag and releasing it into the European parliament in what he said was a ...The Guardian - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Macron demands greater European independence in wide-ranging speech
Yahoo News - World -
MEPs urged to fight far right as they head home to campaign for European elections
European parliament term ends with warnings about dangers of disinformation and authoritarian forces. The starting gun has been fired on the next European parliamentary elections with more than 600 MEPs departing Strasbourg urged to use their ...The Guardian - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - Business -
Online retailer Shein is latest to face strict European Union digital regulations
Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulationsABC News - Tech -
12:30 Report — Trump’s NYC, DC courtroom split-screen
{beacon} View Online 12:30 REPORT Happy Thursday! I’ve been off for only a few days and I feel like I could write an entire “We Didn’t Start the Fire” song with all of the news I missed. But anyway, here’s what’s happening *today*: The Supreme ...The Hill - Politics -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
NFL draft 2024: Falcons shock with Penix Jr quarterback pick – live
USC’s Caleb Williams selected first overall by BearsSix quarterbacks go in the top 12 picksHigh demand and supply set to create a glut of first-round QBsSend Oliver a tweet at @OllieConnolly at or email himRoger Goodell walks out to a rousing ...The Guardian - World - NFL -
12:30 Report — Trump returns to 'freezing' courtroom as defense finishes David Pecker cross-examination
{beacon} 12:30 REPORT It’s Friday! And happy White House Correspondents’ Association dinner weekend to all who celebrate!! The ex-publisher of the National Enquirer is testifying again today in former President Trump’s hush money trial. The ...The Hill - Politics - Donald Trump -
Why an iPhone Can Survive a Drop From a Plane, but Not From Your Kitchen Counter
We launched a drone with Apple and Samsung phones 300 feet in the air to test their durability.The Wall Street Journal - Tech -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - World -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - Top stories -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - Politics -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Foreign Minister Radek Sikorski says Poland wants to return to group of countries setting the European Union's direction
Foreign Minister Radek Sikorski says Poland wants to return to group of countries setting the European Union's directionABC News - World -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Hungary's Orbán urges European conservatives, and Trump, toward election victories at CPAC event
Hungary’s nationalist prime minister has called for right-wing forces to take power in upcoming European and U.S. elections, and expressed support for former President Donald Trump in his ongoing criminal trialABC News - World - Donald Trump -
That sinking feeling: why long-suffering Venice is quite right to make tourists pay | Simon Jenkins
The overcrowded city is leading the way with a tax on day trippers. Surely other great European destinations should follow suit. Venice has had enough. It is sinking beneath the twin assaults of tourism and the sea and believes the answer lies in ...The Guardian - World -
European soccer leagues insist they have no plans for games in the US. A lawsuit could change that
Leaders of top European soccer leagues say have no plans to take games to the United StatesABC News - Sports -
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 -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Meta's License to Spend on AI Gets Checked
The Facebook parent’s capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is slowing.The Wall Street Journal - World - Meta -
Inflation ticked higher in March as incomes, spending rose
Inflation picked up slightly in March as Americans saw their paychecks rise and kept up a sturdy pace of spending, according to data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index, the Federal ...The Hill - Politics