Uk Mobile Merger Must Ring in Changes for Troubled Sector
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Sadiq Khan urges Labour to pursue UK-EU youth mobility deal
London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned proposalFinancial Times - Business -
Sadiq Khan urges Labour to pursue UK-EU youth mobility deal
London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned proposalFinancial Times - World -
Exxon Mobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.The New York Times - Business -
America's Economy Is No. 1. That Means Trouble.
Solid growth, big deficits and a strong dollar stir memories of past crises.The Wall Street Journal - World -
America's Economy Is No. 1. That Means Trouble
If you want a single number to capture America’s economic stature, here it is: This year, the U.S. will account for 26.3% of the global gross domestic product, the highest in almost two decades. That’s based on the latest projections from the ...The Wall Street Journal - World -
Paramount and Skydance inch closer to a merger as key hurdle looms, sources say
Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.CNBC - Business -
Paramount and Skydance inch closer to a merger as key hurdle looms
Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone.NBC News - Top stories -
Labour plans to retain key private sector role in Britain’s nationalised railways
The party has no proposals for state involvement in the companies that own the trainsFinancial Times - World -
Labour plans to retain key private sector role in Britain’s nationalised railways
Party has no proposals for state involvement in companies that own trainsFinancial Times - Business -
‘Confined to this little island’: Britons criticise rejection of EU youth mobility deal
Hundreds voice dismay at Sunak and Starmer, accusing them of misreading UK attitudes towards Europe. Elena, 35, was “flabbergasted” when she heard that both Rishi Sunak and Keir Starmer had dismissed a proposal by the European Commission to ...The Guardian - World - European Union -
Youth mobility deal risks waking sleeping Brexit dogs
Also in this week’s newsletter, new border charges threaten to push up imported food pricesFinancial Times - World -
Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped more than 3% Friday after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.MarketWatch - Business -
Our 25 must-see shows at Netflix Is a Joke
From Ali Wong to Katt Williams and Puddles the Clown, here's our list of the 25 shows we definitely plan to check out at the Netflix is a Joke festival in LA next month.Los Angeles Times - Entertainment - Netflix -
Biden must bring the fight to the battleground states
Joe Biden must tout his successes even more aggressively. He must adopt a more populist Bernie Sanders-like tone and rail against the excessive corporate profits and the Trump COVID-19 first term blunders that left the economy in shambles.The Hill - Politics - Joe Biden -
Regulators Seize Troubled Philadelphia Bank, Republic First
The bank had some of the same problems as the ones that failed in 2023.The Wall Street Journal - World -
Regulators Seize Republic First, a Troubled Philadelphia Bank
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.The New York Times - Business -
Ashanti and Nelly Announce Their Engagement and a New Baby
More than two decades after they first met, the R&B singer announced her pregnancy and engagement to the rapper. Fans rejoiced.The New York Times - Lifestyle -
Ashanti and Nelly Rekindled Their Y2K Romance With a Ring
More than two decades after they first met, the R&B singer announced her pregnancy and engagement to the rapper. Fans rejoiced.The New York Times - Lifestyle -
Capital One-Discover merger comment period extended by Feds in move seen as routine
A comment period extension for the blockbuster $35 billion acquisition of Discover Financial Services by Capital One Financial Corp. isn’t a signal that the deal will be spiked for being anti-competitive, analysts said.MarketWatch - Business -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
Former Reddit CEO Ellen Pao says the tech sector’s DEI push is alive and well
Despite some signs of wavering commitment to corporate diversity, equity and inclusion initiatives, former Reddit CEO Ellen Pao is bullish on DEI in the tech space.MarketWatch - Business -
Russia renews attacks on the Ukrainian energy sector as Kyiv launches drones at southern Russia
Russia has launched a barrage of missiles against Ukraine directed at energy facilitiesABC News - World - Ukraine -
Dairy Cows Transported Between States Must Now Be Tested for Bird Flu
Since a new form of bird flu arrived in 2022, federal officials have sought to reassure Americans that the threat to the public remained low.The New York Times - Health -
Dairy Cows Transported Between States Must Now Be Tested for Bird Flu
Since a new form of bird flu arrived in 2022, federal officials have sought to reassure Americans that the threat to the public remained low.The New York Times - Top stories -
Iran's Raisi says Israel must be brought to justice for 'usurpation' of Palestinian territories
Yahoo News - World - Israel -
Exclusive: US archdiocese must submit clergy-abuse documents to police
In criminal investigation, New Orleans judge demands paper trail from archbishop Gregory Aymond all the way to the Vatican. The criminal investigation into child sexual abuse in New Orleans’ Roman Catholic archdiocese has entered a major new ...The Guardian - World -
Netanyahu Calls Student Protests Antisemitic and Says They Must Be Quelled
“What’s happening in America’s college campuses is horrific,” the Israeli prime minister said in a televised statement. “Antisemitic mobs have taken over leading universities.”The New York Times - Top stories - Israel -
Sizable Haley vote in Pennsylvania may signal trouble for Trump
Former United Nations Ambassador Nikki Haley won more than 16% of the vote in Pennsylvania's Republican primary on Tuesday despite no longer being in the 2024 race. Anthony Salvanto, Matt Gorman and Caitlin Huey-Burns join "America Decides" to ...CBS News - Top stories - Donald Trump -
Columbia must send the pro-Hamas protestors a clear message
A lack of true consequences and inconsistent enforcement of policies will only continue to embolden anti-Israel students to harass their Jewish classmates and motivate pro-Hamas faculty to spew pro-terror rhetoric, validating the fear of Columbia ...The Hill - Politics -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - World - China -
Many large U.S. cities are in deep financial trouble. Here's why
Many U.S. cities are facing substantial financial challenges as inflation lingers and pandemic-era stimulus dries up.CNBC - Business -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - Business - China -
Evening Report — Trump's legal troubles play out in NYC, SCOTUS
A quick recap of the day and what to look forward to tomorrow {beacon} Evening Report © AP Trump's legal troubles play out in NYC, SCOTUS Former President Trump's legal woes played out before the Supreme Court in the nation's capital on ...The Hill - Politics - Donald Trump -
U.S. boys at Jamaica school say they were beaten, starved and forced to exercise until they vomited
Former students of Atlantis Leadership Academy in Jamaica, along with parents and lawyers, describe rampant abuse. Five employees have been charged with child cruelty.NBC News - Top stories -
Peter Kay 'can't believe' new arena's latest delay
The comedian's appearances at Manchester's troubled Co-op Live venue are postponed for a second time.BBC News - Top stories -
Thames Water bondholders demand emergency summit with troubled group
Creditors holding £5bn of debt have been spooked by default of parent company this monthFinancial Times - Business -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Airbus CFO says A350 plane production increase not tied to Boeing troubles
Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing.CNBC - Business -
The Politics of Ukraine Are Changing
Nine more Senate Republicans reject the isolationist temptation.The Wall Street Journal - World - Ukraine