Hunt Hints at Compromise with Brussels over Electric Car Deadlock
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Electric cars and digital connectivity dominate at Beijing auto show
Global automakers and EV startups are unveiling new models and concept cars at China’s largest auto show, with a focus on the nation’s transformation into a major market and production base for digitally connected, new-energy vehiclesABC News - Tech -
Texans reached "compromise" with NFL, Titans over use of Oilers-style blue
Last year, the NFL forced the University of Houston to ditch alternate uniforms that included Houston Oilers-style Columbia Blue.Yahoo Sports - Sports - NFL -
When Danish police pulled a woman over, she locked herself in her car and refused to talk
Danish police say that a routine traffic stop on a highway south of the capital turned into an unusual standoff as a 26-year-old woman locked her car and refused to speak to the police officer who had pulled her overABC News - World -
The Hunt for a Retirement Keepsake
On a family trip to Switzerland, Joseph Barreto fell in love with an Omega Constellation.The New York Times - Lifestyle -
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 -
FirstFT: BHP proposes all-stock takeover of Anglo American
Also in today’s newsletter, Meta’s shares tumble and Columbia’s ‘Gaza Solidarity Encampment’Financial Times - World -
Tesla steers back towards cheaper cars
Elon Musk seeks to appease the market after 40% stock slideFinancial Times - Business - Tesla -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - World -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - Business -
Jeremy Hunt defends civil service job cuts to increase defence spending
Yahoo News - World - United Kingdom -
Schneider Electric in Talks to Take Control of Bentley Systems
A deal would merge Schneider’s software business with publicly traded Bentley.The Wall Street Journal - Tech -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
The ambitions of China’s BYD stretch well beyond electric vehicles
The company’s global plans range from solar modules and electric buses, trucks and trains to complex transport systems. But is it trying to do too much?Financial Times - Business - China -
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 -
BHP-Anglo American: a quick Q&A
Why now, why not earlier, why ever, at what price, and what it might mean for fertiliser production in North YorkshireFinancial Times - Business -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
Stellantis boss slams ‘terrible’ UK electric vehicle policy
Carlos Tavares says Britain’s quota regime could bankrupt carmakersFinancial Times - Business - United Kingdom -
South African mines minister hits out at BHP’s £31bn bid for Anglo American
Legal & General and Abrdn also criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Honda to build $11 billion electric vehicle hub in Canada
Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada to create a "comprehensive EV value chain," the Japanese automaker announced.CNBC - Business -
The 2024 Kia EV9 and the Rivian R1S compared: Which of these 3-row electric SUVs is better?
These two midsize SUVs carry up to seven passengers and offer plenty of range, but they are designed to do different things.MarketWatch - Business -
Move Over, Honey. Teddy Is Getting In.
Sharing a bed with a partner sometimes means making way for a beloved stuffed animal or blanket, too.The New York Times - Lifestyle -
Bishop investigated over misleading accounts claim
Bishop Anne Dyer, who was suspended in 2022 over allegations of bullying, denies the new claims.BBC News - Top stories -
Business groups sue FTC over noncompete ban
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY view The Big Story Business groups sue to block FTC's noncompete ban The Federal Trade Commission's (FTC) decision to ban noncompete agreements is being met with ...The Hill - Politics -
Donaldson in court over rape and sex-offence charges
The ex-DUP leader faces 11 charges and his wife faces four charges connected with aiding and abetting.BBC News - Top stories -
STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
Apple accused by Congo over conflict minerals in iPhones
Lawyers representing DRC allege Apple’s products contain illegally exported minerals, despite tech company’s claims of environmental and social responsibilityFinancial Times - Business - Apple -
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 -
Supreme Court to weigh Trump immunity claim over 2020 election prosecution
The outcome of the immunity case before the Supreme Court will have significant ramifications for former President Donald Trump's federal criminal prosecution in Washington, D.C.CBS News - Politics - Donald Trump -
Divided Supreme Court wrestles with dispute over Idaho abortion ban
The Supreme Court heard arguments in a case that pits Idaho's near-total abortion ban against a federal law that requires hospitals to offer emergency care.CBS News - Politics - Abortion -
Jeff Bezos isn't a fan of 'time blocking'—here's what he does instead to boost his productivity
Jeff Bezos doesn't time block or stick to a strict schedule to be successful and productive. Instead, he allots however much time he needs for mind wandering.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Robert Kraft Withdraws Support From Columbia Over Protests
The New England Patriots owner said this week that he was “no longer comfortable supporting” Columbia University, his alma mater, which has been disrupted by protests.The New York Times - Business -
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.The Wall Street Journal - World -
Anti-doping body faces calls for review over Chinese swimmers
UK agency combating drugs in sport adds to pressure ahead of Paris Olympics over 2020 positive testsFinancial Times - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
'Invest in these women': WNBA champion A'ja Wilson hopes Caitlin Clark's popularity helps the league grow
The five-time All-Star and two-time WNBA champion hopes to see the excitement around Clark help grow the league.CNBC - Business - WNBA -
Here’s a rapid-fire update on all 33 portfolio stocks including our tech giants reporting this week
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.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 -
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.CNBC - Business -
Nootbaar, Gibson spark Cardinals to 5-1 victory over Diamondbacks
Lars Nootbaar drove in two runs and Kyle Gibson pitched six effective innings, lifting the St. Louis Cardinals to a 5-1 victory over the Arizona Diamondbacks in the finale of three-game seriesABC News - Sports - MLB