Russia Alters Oil Taxes to Capture Bigger Share of Trades Above Price Cap
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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 -
Rubrik prices its IPO at $32, above expected range
Rubrik Inc. priced its initial public offering late Wednesday at $32 a share.MarketWatch - Business -
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 -
Premier League to discuss potential salary cap
Premier League clubs are to discuss the potential introduction of a salary cap at their shareholders' meeting on Monday.BBC News - Top stories - Premier League -
Nature destruction will cause bigger economic slump in UK than 2008 crisis, experts warn
Green Finance Institute report said further pollution could cut 12% off GDP by 2030s. The destruction of nature over the rest of the decade could trigger a bigger economic slump in Britain than those caused by the 2008 global financial crisis and ...The Guardian - World - United Kingdom -
Photographer Shannon Collins Is Changing Weddings for People With Disabilities
Shannon Collins, a “queer, awkward, anxious photographer,” wants to change the way disabled people are viewed, one picture at a time.The New York Times - Lifestyle -
BBC Verify examines reported strikes on Russian oil depots
The reported strikes have been geolocated to the Smolensk region of western Russia.BBC News - Top stories - Russia -
Huge fire seen as Ukraine hits Russian oil depots with drone strike
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.CBS News - World - Ukraine -
Billionaire tax to bolster Social Security popular in swing states
Voters in swing states are overwhelmingly supportive of taxing billionaires to support Social Security benefits, a new survey found. More than three-fourths — 77 percent — of voters across seven key swing states approved of the idea of raising ...The Hill - Politics -
Oil Edges Lower as Ebbing Supply-Disruption Risks Weigh
Oil edged lower, weighed by ebbing risks of supply disruption in the Middle East.The 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 -
Russia vetoes UN resolution to prevent nuclear weapons in space
Russia on Wednesday vetoed a United Nations Security Council resolution that would have called on all states to prevent the placement of nuclear weapons in space and not take steps to develop weapons of mass destruction that could be deployed ...The Hill - Politics - Russia -
Former national security adviser weighs in on Ukraine aid and Russia
When President Biden signed a foreign aid bill Wednesday that includes tens of billions of dollars in assistance to Ukraine, Israel and Taiwan, it was touted as money that would "strengthen our national security and send a message to the world ...CBS News - Top stories - Ukraine -
Russia or EU? Controversial bill draws Georgians onto streets
Thousands of Georgians have been protesting against a new bill that they claim will crush dissent.BBC News - Top stories - Russia -
Russia vetos UN resolution to prevent nuclear arms race in space
Moscow described the security council resolution, which would have called on countries not to deploy weapons of mass destruction in outer space, a ‘dirty spectacle’. Russia has vetoed a UN security council resolution calling on all nations to ...The Guardian - World - Russia -
Mystery Death of Texan Who Fought for MoscowSparks Outrage in Russia
Russell Bentley, a fixture of Russian propaganda who moved to Russian-occupied Ukraine in 2014, was found dead after being held by Russian soldiers.The Wall Street Journal - World - Russia -
Ukraine to increase long-range strikes in Russia, says UK defence chief
Admiral Sir Tony Radakin tells the FT fresh military aid will help Kyiv reshape ‘difficult’ land fight against MoscowFinancial Times - Business - Ukraine -
Russia vetoes UN vote on stopping arms race in outer space
Yahoo News - World - Russia -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - 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 -
World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis. ‘Why we need a global tax on billionaires’. . . The world’s 3,000 billionaires should pay a minimum 2% ...The Guardian - World -
Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires
Finance chiefs say higher taxes for the super-rich are key to battling global inequality and climate crisis. Billionaires should pay minimum 2% wealth tax, say G20 ministers. . . When the governors of the World Bank and the International Monetary ...The Guardian - World -
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 -
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 -
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 -
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 -
Report: Trey Hendrickson requests trade
The Bengals got a trade request from wide receiver Tee Higgins after they used their franchise tag on him this offseason and now another member of the team reportedly wants to be moved as well.Yahoo Sports - Sports -
Bengals DE Hendrickson requests to be traded
Bengals three-time Pro Bowl defensive end Trey Hendrickson wants more long-term security than the team has offered and has requested to be traded, his agent confirmed to ESPN.ESPN - Sports - NFL -
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business -
Another Bengals star reportedly has requested a trade
Another star Cincinnati Bengals player reportedly wants out.Yahoo Sports - Sports - NFL -
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 - World -
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 -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
UBS promises $2bn in share buybacks
Swiss lender restores repurchase programme as it integrates Credit SuisseFinancial Times - Business -
Trump Media asks lawmakers to investigate "unlawful trading activity"
Trump Media CEO Devin Nunes is asking four House committees to investigate possible "naked" short selling in the company's shares.CBS News - Top stories - Donald Trump