France S Food Industry Pledges to Cut Prices after Government Pressure
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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 -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
Christina Applegate contracts virus after eating food contaminated with fecal matter
'Dead to Me' star Christina Applegate, who has multiple sclerosis, contracted sapovirus from food contaminated with fecal matter.Los Angeles Times - Entertainment -
Sainsbury's boosted by strong food sales
The UK's second largest supermarket has spent heavily to keep prices low but clothing sales fell.BBC News - Top stories -
‘If pressure is a privilege, England are about to feel very lucky’
England have big decisions to make as they prepare to name their squad for the T20 World Cup, says Stephan Shemilt.BBC News - Top stories -
Labour pledges to fully renationalise rail network
Opposition says it will roll out reforms within first term if it wins UK general electionFinancial Times - Business -
With lawsuits in rearview mirror, Disney World government gets back to being boring
For the first time in more than a year, the monthly board meeting of Walt Disney World’s governing district was back to being what many municipal government forums often are — boringABC News - Entertainment -
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business -
Legislation banning TikTok is coming this week. How will it affect the music industry?
While the legislation would have profound impacts across the tech, political, entertainment, media and marketing worlds, music may be hit especially hard.Los Angeles Times - Entertainment - Tiktok -
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 -
Labour pledges to renationalise most rail services within five years
The government says the plans are "pointless" and "unfunded" but Labour says it will improve services.BBC News - Top stories -
One-word Ofsted grades should stay, says government
The government says the judgements are useful for parents, after MPs called for them to be scrapped.BBC News - Top stories -
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 -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
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 -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - Business -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - Business -
Poland's prosecutor general says previous government used spyware against hundreds of people
Poland’s prosecutor general has told the parliament that powerful Pegasus spyware was used against hundreds of people during the former government in PolandABC News - Tech -
Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI
Tech giant Cisco Systems has joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethicallyABC News - World -
With war in Ukraine on the border, Poland wants to be among countries setting the EU agenda
Poland’s foreign minister says the government wants to return to the group of countries which sets the agenda of the European UnionABC News - World - Ukraine -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.
Before insurance, Novo Nordisk charges about $1,000 per month for Ozempic in the United States. In Germany, the company charges $59 per month for the same drug.CNBC - Business -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - Business - Joe Biden -
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 -
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 -
Bird flu outbreak is driving up egg prices — again
Egg prices are jumping as an outbreak of highly pathogenic avian influenza forces producers to slaughter millions of infected birds.CBS News - Top stories -
Rubrik prices IPO at $32 per share, above the expected range
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.CNBC - Business -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Sanders launches investigation into 'unacceptable' diabetes, weight loss drug prices
Sen. Bernie Sanders (I-Vt.), chair of the Senate Health, Education, Labor, and Pensions (HELP) Committee, on Wednesday launched an investigation into the “outrageously high prices” of Novo Nordisk’s respective diabetes and weight loss drugs, ...The Hill - Politics -
Rubrik prices its IPO at $32, above expected range
Rubrik Inc. priced its initial public offering late Wednesday at $32 a share.MarketWatch - Business -
Argentine students and professors protest university budget cuts under Milei
Thousands of students and professors filled the streets of Buenos Aires and other cities to demand university funding amid President Javier Milei's harsh budget cuts.NBC News - Top stories -
Mayor Adams Walks Back Budget Cuts Many Saw as Unnecessary
The mayor released a revised $111.6 billion budget, which included $2.3 billion that would restore some funding for schools and cultural institutions.The New York Times - Top stories -
Jeremy Hunt defends civil service job cuts to increase defence spending
Yahoo News - World - United Kingdom