Fall of Credit Suisse Shows More Work Is Needed on Bank Risk
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Nasdaq Futures Fall as Meta Slides
Stock futures fell, with the Nasdaq-100 posting the biggest losses as Meta dragged down the wider tech sector.The Wall Street Journal - World - Meta -
Elisabeth Moss Broke Her Back Filming New Show, Worked The Next Day
Elisabeth Moss, the Emmy-winning actor who starred on West Wing, Mad Men, and Handmaid's Tale, has revealed she sustained a serious injury when filming the new Hulu show The Veil. Speaking to Variety, Moss revealed that she broke her spine when ...GameSpot - Tech -
Kid Cudi cancels tour: Ankle broken at Coachella is 'much more serious,' needs surgery
Kid Cudi cancels his Insano: Engage the Rage World Tour, saying his broken ankle is 'much more serious' than he first thought. He said he's undergoing surgery.Los Angeles Times - Entertainment -
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From a senior in college to a "senior" employee, welcome to the era of title inflationThe Wall Street Journal - World -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Oil Edges Higher on U.S. Inventories Draw
Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.The Wall Street Journal - World -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
Barclays chief calls for return of UK equity risk culture
British bank reports 13% decline in quarterly profits but still beats analysts’ expectationsFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
McKinsey Is Under Criminal Investigation for Its Opioid Work
Federal prosecutors are examining the consulting company’s role in helping “turbocharge” the sale of painkillers like OxyContin.The New York Times - Business -
McKinsey Is Under Criminal Investigation for Its Opioid Work
Federal prosecutors are examining the consulting company’s role in helping “turbocharge” the sale of painkillers like OxyContin.The New York Times - Top stories -
Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say
If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.CNBC - Business -
Russia-Ukraine war live: risk of military incidents along Ukraine border quite high, says Belarus
Alexander Lukashenko also said there could be an ‘apocalypse’ if Russia used nuclear weapons in retaliation for western actions.. Russia has vetoed a UN security council resolution calling on all nations to prevent a dangerous nuclear arms race in ...The Guardian - World - Ukraine -
Met Gala 2024: A Guide to the Theme, Hosts and How to Watch
What’s the dress code, who’s hosting, who’s going and how to watch.The New York Times - Lifestyle -
NFL draft 2024 predictions: the stars, the needs and the lower-round gems
Our writers take a look at the best prospects coming out of college, and which teams needs to nail their picks over the coming days. It feels like a lock that it will be LSU’s Jayden Daniels, thought I wouldn’t put it past the Commanders to fall ...The Guardian - World - NFL -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta shares fall as it predicts higher expenditure on AI
Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sectorFinancial Times - Business -
U.S. Fertility Rate Falls to Record Low
Fewer babies were born in the U.S. in 2023 than any year since 1979.The Wall Street Journal - World -
Moulin Rouge’s Windmill Blades Fall Off in Paris
Firefighters were called overnight after the blades crashed to the ground. Nobody was hurt, and the famed cabaret venue will stay open.The New York Times - World - France -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
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 -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Hawaiian scientist quests to find and save the state’s native sugarcanes
Sugarcane biodiversity disappeared as big plantations dominated the sugar trade in Hawaii, but now native varieties are making a comeback. . Noa Kekuewa Lincoln remembers when he first encountered native Hawaiian sugarcane in 2004. The fresh ...The Guardian - World -
FTC votes to ban noncompete clauses that bar employees from working for competitors
The FTC claims that noncompete agreements limit wage growth and increase prices for consumers.CNBC - Business -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
There Are Plenty of Power Publicists. But Only One Works for Taylor Swift.
From “1989” through “The Tortured Poets Department,” she has fiercely guarded Swift’s reputation: “The devil works hard, but Tree Paine works harder.”The Wall Street Journal - World -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
‘Outrageous’ climate activists get in the faces of politicians and oil bosses – will it work?
As the climate crisis has deepened, protesters have become more confrontational – and their ambitions have grown. The head of ExxonMobil told to “eat shit” as he was about to receive an award. A US senator and coal boss called a “sick fuck”, ...The Guardian - World - Climate -
Immigration advocates see work permits as Biden's best option
President Biden’s left flank is pushing for expanded work permits for undocumented immigrants, not just as a humanitarian imperative, but as a political boon ahead of November. Speculation over Biden’s next play on immigration has reached a fever ...The Hill - Politics - Joe Biden -
Deutsche Bank posts better-than-expected profit in first quarter amid investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Retire at 65? It's More Like 62.
A new study suggests people are overly optimistic about how much they can work later in life.The Wall Street Journal - World -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
A Steady Stream of Road Trips Made Falling in Love Easy
As Deborah Yarchun and Benjamin Parr traveled across the country during the pandemic, their bond became stronger at each stop.The New York Times - Lifestyle -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Southwest Airlines to exit certain airports as loss widens and revenue falls short
Southwest Airlines Co.’s stock tumbled 9% early Thursday, after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.MarketWatch - Business