Mortgaged Landlords Face Falling Profits and Refinancing Hurdles
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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 -
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 -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - World -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - Business -
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 - Business -
Pending home sales see unexpected jump in March, despite rising mortgage rates
U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.MarketWatch - Business - Mortgage -
Mortgage rates climb for fourth week in a row, taking ‘the wind out of the sails’ of the housing market
The 30-year mortgage rate is averaging 7.17%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business - Mortgage -
New home sales inch higher despite 7% mortgage rates: 'There's more opportunity,' economist says
Buyers are highly considering newly built homes amid a shortage of available homes in the U.S. Here's what this means and where prices are standing.CNBC - Business -
MLA who quit was facing standards investigation
Alliance MLA Patrick Brown failed to attend the standards investigation committee hearing on Wednesday.BBC News - Top stories -
The options facing US Supreme Court on Trump immunity
The top court will hear arguments on Thursday in a case that could redefine presidential power.BBC News - Top stories - Donald Trump -
Europe faces ‘mortal’ threat, says Macron
French president calls for massive investment push and EU reforms in second Sorbonne speechFinancial Times - World - Europe -
Europe faces ‘mortal’ threat, says Macron
French president calls for huge investment push and EU reforms in Sorbonne speechFinancial Times - Business - Europe -
Connecticut AI Bill Faces Uncertain Future
The wide-ranging proposed legislation seeks to rein in bias in AI model and protect people from deepfakes, but critics worry it could curb small business growth.Inc. - Business -
'Net Neutrality' Faces a Stiff Judicial Test
The revived rule likely violates the major questions doctrine.The Wall Street Journal - World -
Europe risks dying and faces big decisions - Macron
The French president delivers a stark warning for Europe to act fast to survive in a changing world.BBC News - Top stories - Europe -
Girl, 13, faces charges after school stabbings
A girl was charged with three counts of attempted murder after three were stabbed at a school.BBC News - Top stories -
Russian women face violence from Ukraine veterans
Yahoo News - World - Ukraine -
Legal Ban on Worker Noncompetes Faces Uphill Battle
The U.S. Chamber of Commerce is among the business groups that have already filed suit against the FTC's rule, which may be overturned by increasingly skeptical courts.Inc. - Business -
TikTok Faces E.U. Inquiry Over ‘Addictive’ Features
European officials threatened to fine TikTok and force it to remove some features, the latest regulatory challenge for the Chinese-owned social media app.The New York Times - Tech - Tiktok -
Rendon (hamstring tear) facing lengthy recovery
Angels third baseman Anthony Rendon said Friday that he has a high-grade partial tear of his left hamstring, with the update coming five days after he was placed on the injured list with a "strain."ESPN - Sports -
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 -
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 -
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 -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.The Wall Street Journal - World -
Corporate insolvencies in England and Wales fall in March
First annual decline in volatile data set since July 2023 but numbers remain higher than pre-pandemic averageFinancial Times - World -
Comex Gold Settles Higher, Silver Falls
Gold settled up 0.2% Friday, while silver fell 0.4%. For the week, both metals posted a loss.The Wall Street Journal - World -
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.The Wall Street Journal - Business -
Emergency exit slide falls off Delta flight
A Delta Air Lines flight en route to Los Angeles was forced to circle back to New York's JFK International Airport Friday morning after it dropped an emergency exit slide.CBS News - Top stories -
3 Key Business Areas Cybersecurity Falls Short
There's no one path to business success, but you can take this important step to mitigate cyber risk and unleash the power of innovation, partnerships, and customer relationships: rethink network security.Inc. - Business -
Is a documentary to blame for Spencer Rattler's NFL Draft fall?
Once looking like a first-round pick, the QB was picked in the fifth round in what turned out to be the longest wait between quarterback picks in draft history.Yahoo Sports - Sports - NFL -
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 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 -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Dassault Systemes Full Year on Target After Profit Rise
Dassault Systemes confirmed its full-year financial forecasts after posting a 5% increase in operating profits for the first three months.The Wall Street Journal - World