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Japan's Sputtering Recovery Offers Support for BOJ Stimulus Case

(Bloomberg) -- Japan's economy shrank in the first three months of this year as a soaring import bill and the hit from omicron pushed its pandemic recovery...

Ukraine Latest: US Seeks to Steer India Away From Russian Arms
Ukraine Latest: US Seeks to Steer India Away From Russian Arms

(Bloomberg) -- The US is preparing a military aid package for India that aims at increasing security ties and reducing its reliance on Russian weapons...

Miami-Dade Fire Rescue officials release report on Surfside condo collapse, identify woman trapped under rubble
Miami-Dade Fire Rescue officials release report on Surfside condo collapse, identify woman trapped under rubble

Miami-Dade Fire Rescue officials identified a woman trapped under the rubble of the Champlain Towers South condo as 36-year-old Theresa Valasquez.

China Economy Czar Vows to Back Tech Firms After Crackdown
China Economy Czar Vows to Back Tech Firms After Crackdown

(Bloomberg) -- China's top economic official gave an unusual public show of support for digital platform companies Tuesday, suggesting Beijing may be ready...

Major DeSantis political donor and casino mogul accused by Justice Department of acting as unregistered Chinese agent
Major DeSantis political donor and casino mogul accused by Justice Department of acting as unregistered Chinese agent

Steve Wynn is a billionaire who gave Florida Gov. Ron DeSantis $100,000 for his reelection bid. He is accused of lobbying Trump on China's behalf.

1 dead after sand collapses on siblings digging deep hole on New Jersey beach, authorities say
1 dead after sand collapses on siblings digging deep hole on New Jersey beach, authorities say

A hole in the sand on a beach in Toms River collapsed, killing an 18-year-old Maine man who was digging the hole with his 17-year-old sister.

Euro and sterling helped by improved market sentiment
Euro and sterling helped by improved market sentiment

Overnight surges left the euro and pound sitting pretty in early Asia helped by good U.K. jobs data and a general improvement in investor sentiment on solid ...

ZMO.ai secures $8M led by Hillhouse to create AI generated fashion models
ZMO.ai secures $8M led by Hillhouse to create AI generated fashion models

ZMO.ai, founded by a team of Chinese entrepreneurs who have spent years studying and working abroad, just closed an $8 million Series A financing round led by Hillhouse Capital. GGV Capital and GSR Ventures also participated in the round. The startup has found a healthy demand from fashion e-commerce companies that are struggling to hire and afford models due to their growing number of stock-keeping units (SKUs), or styles, as consumer tastes become more changeable.

Netflix trims staff to weather slowing growth
Netflix trims staff to weather slowing growth

Netflix on Tuesday said it laid off about two percent of its staff in a belt-tightening move after growth slowed at the once-booming streaming television...

John Fetterman Wins Pennsylvania Democratic Senate Primary after Suffering Stroke
John Fetterman Wins Pennsylvania Democratic Senate Primary after Suffering Stroke

Pennsylvania lieutenant governor John Fetterman won Tuesday night's Democratic Senate primary, defeating three challengers after he was recently treated for ...

Gasoline climbs to highest price ever in Akron-Canton area as Memorial Day approaches
Gasoline climbs to highest price ever in Akron-Canton area as Memorial Day approaches

As Akron and Canton motorists prepare their Memorial Day weekend travel plans, they'll be paying through the nose for gasoline

Alibaba, Baidu Jump in US as China Vows Support for Tech
Alibaba, Baidu Jump in US as China Vows Support for Tech

(Bloomberg) -- Chinese internet stocks jumped in US trading after a senior Communist Party official reaffirmed support for the industry, stoking optimism...

Australia election polls show race tightening in final campaign stretch
Australia election polls show race tightening in final campaign stretch

Australia's national election has become too close to call, polls out on Wednesday showed, as the ruling conservative coalition narrowed the gap with the...

Barclays bumps up stake in Australia
Barclays bumps up stake in Australia's Barrenjoey Capital

The move comes as investment banking boutiques in Australia seek to move away from restrictive bureaucracy and shrinking bonuses at bigger banks, by tapping ...

Aramco-Style Dividend Is What LIC Investors Seek Post Flop Debut
Aramco-Style Dividend Is What LIC Investors Seek Post Flop Debut

(Bloomberg) -- Disappointed by a 7.8% plunge that made for the world's second-worst trading debut among large IPOs this year, shareholders of state-run Life ...

Oil prices climb on hopes of China demand recovery
Oil prices climb on hopes of China demand recovery

Oil prices rose more than $1 a barrel in early Asian trade on Wednesday on hopes of demand recovery in China as the country gradually eases some of its...

Does The Market Have A Low Tolerance For Shriro Holdings Limited
Does The Market Have A Low Tolerance For Shriro Holdings Limited's (ASX:SHM) Mixed Fundamentals?

Shriro Holdings (ASX:SHM) has had a rough month with its share price down 5.0%. We, however decided to study the...

Sea Surges After Gaming Sales Defy Post-Covid Internet Slowdown
Sea Surges After Gaming Sales Defy Post-Covid Internet Slowdown

(Bloomberg) -- Sea Ltd. rose more than 14% after reporting core gaming revenue grew faster than expected, offsetting a slowdown across the rest of the...

Welcome To Logjam, A Sexy Lumberjack Simulator
Welcome To Logjam, A Sexy Lumberjack Simulator

Indie developer Robert Yang, creator of games like Hard Lads and Rinse & Repeat, has a new release out today called Logjam. It's about a lumberjack who is...

Pennsylvania Lt. Gov. John Fetterman Wins Democratic Senate Nomination
Pennsylvania Lt. Gov. John Fetterman Wins Democratic Senate Nomination

Fetterman, a former mayor who cultivated an outsider image, is now critical to the Democratic Party holding onto the U.S. Senate.

Sama Enters into Share Purchase Agreements for Sale of 5,625,000 shares in SRG Mining Inc.
Sama Enters into Share Purchase Agreements for Sale of 5,625,000 shares in SRG Mining Inc.

Montreal, Quebec - TheNewswire - May 17, 2022 - Sama Resources Inc. ("Sama") (TSXV:SME) (OTC:SAMMF) wishes to announce that it has entered into Share...

One Wiseway Group Limited (ASX:WWG) insider upped their stake by 2.9% in the previous year
One Wiseway Group Limited (ASX:WWG) insider upped their stake by 2.9% in the previous year

Looking at Wiseway Group Limited's ( ASX:WWG ) insider transactions over the last year, we can see that insiders were...

14 Stories From Real Millionaires On How They Made Their Money That Are...Eye Opening, To Say The Least
14 Stories From Real Millionaires On How They Made Their Money That Are...Eye Opening, To Say The Least

Note to self: Go back in time and buy a cheap apartment building.View Entire Post ›

Trump-Endorsed Ted Budd Wins North Carolina GOP Senate Primary
Trump-Endorsed Ted Budd Wins North Carolina GOP Senate Primary

Republican congressman Ted Budd has won the North Carolina GOP Senate primary to replace retiring Republican Senator Richard Burr, besting former Governor...

Quite a few insiders invested in Calidus Resources Limited (ASX:CAI) last year which is positive news for shareholders
Quite a few insiders invested in Calidus Resources Limited (ASX:CAI) last year which is positive news for shareholders

Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying...

Hillicon Valley - Biden-Bezos brawl heats up on Twitter
Hillicon Valley - Biden-Bezos brawl heats up on Twitter

President Biden and billionaire Amazon founder Jeff Bezos have been trading barbs on Twitter, escalating their feud as the president shows support for Amazon...

How Rich Is Former President Donald Trump?
How Rich Is Former President Donald Trump?

Former President Donald Trump lost roughly $600 million of his net worth during his time in office as President of the United States. He lost another $700...

On The Money - Powell prepares US for Fed
On The Money - Powell prepares US for Fed's inflation fight

The chairman of the Federal Reserve is warning Americans they could feel the bank's higher interest rates. We'll also look at the resilience of retail sales ...

Energy & Environment - Why gasoline prices keep rising
Energy & Environment - Why gasoline prices keep rising

The price of gasoline continues to swell, and a trade group says that uncertainty is hampering the deployment of clean energy. This is Overnight Energy...

'A beautiful soul': Loved ones of Buffalo shooting victims mourn losses to tight-knit community

Friends and family mourned the 10 people killed Saturday in Buffalo, New York. Here's what we know about the victims.

Guatemala president says won
Guatemala president says won't attend U.S. summit after political tension

Guatemalan President Alejandro Giammattei said on Tuesday he would not attend next month's Summit of the Americas, a day after the United States criticized...

Jungle Ventures closes a $600M fund, bringing its total assets under management to over $1B
Jungle Ventures closes a $600M fund, bringing its total assets under management to over $1B

Singapore-based venture firm Jungle Ventures is digging deeper into Southeast Asia and India with the close of its fourth fund. Fund IV totals $600 million, with $450 million for new investments and $150 million earmarked for follow-up investments in its portfolio companies. The fund's close brings Jungle Ventures' total assets under management to over $1 billion, which it says makes it the first independent, Singapore-headquartered venture firm that invests across Southeast Asia and India to hit this milestone.

Afghanistan: Inside a secret school for girls
Afghanistan: Inside a secret school for girls

The classes are a small act of defiance after the Taliban banned most teenage girls from education.

U.S. business groups criticize Biden
U.S. business groups criticize Biden's Taiwan arms sales policy

U.S. business groups on Tuesday criticized the Biden administration's Taiwan arms sales policy, arguing in a public letter that it was too restrictive and...

Investors in Top Shelf International Holdings (ASX:TSI) have unfortunately lost 32% over the last year
Investors in Top Shelf International Holdings (ASX:TSI) have unfortunately lost 32% over the last year

Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While...

Californian court declares law requiring women on boards unconstitutional
Californian court declares law requiring women on boards unconstitutional

The court said the law, which forced boards to have up to three women directors, was discriminatory.

China, US Are Racing to Make Billions From Mining the Moon
China, US Are Racing to Make Billions From Mining the Moon's Minerals

(Bloomberg) -- "There's going to be a new world order out there, and we've got to lead it," US President Joe Biden said after Russia's war in Ukraine upended...

Grubhub
Grubhub's free lunch offer in NYC crashed its website and app

The delivery platform and restaurants struggled to keep up with thousands of orders.

First Mover Asia: USDC Hasn
First Mover Asia: USDC Hasn't 'Flippened' USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness

A Glassnode analyst suggests that the collapse of the UST token has triggered a change in investors' stablecoin preferences; cryptos tick higher in Tuesday...

At the first UFO hearing in 50 years, the Pentagon says unexplained reports are way up
At the first UFO hearing in 50 years, the Pentagon says unexplained reports are way up

An unusual hearing in Congress posed unusual questions to government officials Tuesday, marking the first congressional hearing on UFOs - now called UAPs or ...

Here
Here's What Trajan Group Holdings Limited's (ASX:TRJ) Shareholder Ownership Structure Looks Like

Every investor in Trajan Group Holdings Limited ( ASX:TRJ ) should be aware of the most powerful shareholder groups...

Fact check: Bibles are allowed in schools and prisons
Fact check: Bibles are allowed in schools and prisons

Religious freedom experts told USA TODAY Bibles are allowed in both schools and prisons.

Powell says Fed will keep hiking interest rates until it curtails inflation
Powell says Fed will keep hiking interest rates until it curtails inflation

Fed Chair Jerome Powell says officials will hike rates until it curbs inflation. He says Fed needs to see inflation slow in "clear and convincing way"

Proposed $9.8B Oklahoma state budget includes direct $75 rebates, state worker pay raises
Proposed $9.8B Oklahoma state budget includes direct $75 rebates, state worker pay raises

Oklahoma lawmakers are expected to give final passage this week to the $9.8 billion proposed state budget for the upcoming fiscal year.

Ratepayer advocates seek protections in offshore wind case
Ratepayer advocates seek protections in offshore wind case

State regulators considering whether to approve Dominion Energy Virginia's plans for a nearly $10 billion offshore wind farm should implement protections to ...

Apple Executive Who Left Over Return-to-Office Policy Joins Google AI Unit
Apple Executive Who Left Over Return-to-Office Policy Joins Google AI Unit

(Bloomberg) -- An Apple Inc. executive who left over the company's stringent return-to-office policy is joining Alphabet Inc.'s DeepMind unit, according to...

NYC enters 'high' COVID-19 alert status

NEW YORK - Mayor Eric Adams upgraded New York City's COVID-19 alert status to high on Tuesday due to a surge in people testing positive and being...

Black Lives Matter Nonprofit Group Has $42 Million In Assets
Black Lives Matter Nonprofit Group Has $42 Million In Assets

The nonprofit Black Lives Matter foundation that has been under scrutiny over its finances in recent months has finally prepared a federal tax filing...

carsales.com Ltd
carsales.com Ltd's (ASX:CAR) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

With its stock down 8.3% over the past three months, it is easy to disregard carsales.com (ASX:CAR). But if you pay...

How Gen Z is hooked on cryptocurrency and NFTs
How Gen Z is hooked on cryptocurrency and NFTs

A growing number of young people are getting into crypto trading - despite the risks.


Elon Musk: Twitter deal frozen until CEO gives fake account proof

"My offer was based on Twitter's SEC filings being accurate," Musk tweeted Tuesday, again taking issue with fake accounts on the platform.

Ukrainian forces say combat mission in Mariupol complete and begin evacuations

"Defenders of Mariupol are the heroes of our time. They are forever in history," Ukrainian forces said in a statement.

Elon Musk reportedly might try to pay less for Twitter: Bloomberg

Elon Musk reportedly said it was not "out of the question" that he might try to pay less to acquire Twitter at a conference in Miami on Monday.

FDA Eases Baby-Formula Import Rules to Boost Supplies

Overseas makers will need to apply with the agency to make shipments to U.S., and safety and quality checks will follow.

JetBlue Launches Tender Offer for Spirit, Urges Shareholders to Vote Against Frontier Deal

JetBlue launched a hostile takeover attempt for discount carrier Spirit Airlines, after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with Frontier Airlines.

Pennsylvania Senate Primaries Get Jolted as Voting Day Nears

Democratic Lt. Gov. John Fetterman reveals he suffered a stroke, while polls show GOP contender Kathy Barnette gaining ground.

Australia Briefing: How the Election Can Charge Up EVs

Morning all, it’s Jackie here. I don’t know about you, but I’m seeing a lot more electric cars out there on my morning commute. But first...

Ukrainians in Occupied Village Learn to Live With the Enemy

When their village was occupied by Russian soldiers, one Ukrainian family was forced into an uncomfortable intimacy with members of an army that had devastated their lives and country.

Microsoft email to managers reveals how it's trying to stop attrition

Microsoft, the email states, has been able to keep attrition below 10% in the past year. But there are "pockets where attrition is higher."

Jeff Bezos steps up feud with White House over inflation

"They know inflation hurts the neediest the most. But unions aren't causing inflation and neither are wealthy people," Bezos said.

How the Buffalo shooting exposes shortcomings in Discord’s policing of users

As the social media company explores going private, a failure to remove extremist content could scare off advertisers and investors.

For Tech Startups, the Party Is Over

Funding is suddenly scarce as venture capital firms grow stingy, forcing young companies to get frugal and focus on breaking even. “This is clearly not a speed bump.”

McDonald’s to Exit From Russia After Three Decades

The company will sell its business in Russia, joining a raft of Western companies leaving as the war in Ukraine continues. It expects to post a charge of between $1.2 billion and $1.4 billion in connection with the move.

Lady Gaga's Haus Labs didn't work on Amazon, relaunching at Sephora

Lady Gaga's beauty brand initially launched on Amazon, but former employees say it was a flop. Here's why the brand is relaunching in June at Sephora.

U.S. Surpasses One Million Covid-19 Deaths

The U.S. crossed a once-unthinkable threshold: one million deaths attributed to Covid-19.

Grocery App Flink Agrees Deal to Buy Carrefour-Backed Cajoo

German rapid delivery startup Flink SE has agreed on a deal to buy French competitor Cajoo, a move that would give it access to French grocery chain Carrefour SA and strengthen its position in the competitive market.

Buffalo Shooting Victims Identified as Biden Plans Trip to ‘Grieve With the Community’

Eleven of the people shot were Black and two were white, in what was the deadliest mass shooting in the U.S. so far this year.

A new law aims to address the mental health crisis among healthcare workers–but barriers to care persist

Many medical professionals don't seek the mental health care they need for fear of retribution or exclusion in the workplace.

Trump Jr: Student-loan forgiveness will pay off 'worthless gender study degrees'

Biden wants to "bail out a bunch of upper-middle-class kids" by canceling student debt, Donald Trump Jr. told The Washington Post.

China’s Economic Distress Deepens as Lockdowns Drag On

China’s economy descended deeper into a Covid-induced doldrums last month, raising questions about whether Beijing’s planned stimulus measures can prevent a prolonged downturn.

Tech layoffs could mean disaster for diversity-and-inclusion efforts: experts

Tech is notorious for a lack of diversity, and experts say that if a recession is coming, Black and Latino workers and women would be hit the hardest.

Climbing the corporate ladder yields greater emotional benefits for men than women, study shows

Men feel more respected than women do as they advance in their careers, according to a recent study.

How a beloved teacher repeatedly groomed girls for sex

Eric Burgess, Rosemead High School's "Golden Boy," repeatedly groomed students for sex. No one stopped him for more than 20 years.

Is Elon Musk beating Wall Street at its own game?

Terms of Musk’s acquisition of Twitter show that Tesla’s CEO has the upper hand.

At Accenture, 150,000 new hires will spend their first day of work in the metaverse

I met Accenture executives on the Nth floor, the firm's enterprise metaverse.

Warren Buffett Spends Big as Stock Market Sells Off

Berkshire Hathaway loads up on energy stocks as inflation soars

Why the world needs business leaders to step up

Geopolitical guru Ian Bremmer has a new book out on crisis.

Elon Musk praises Netflix telling staff to work on content or 'quit'

Elon Musk called the Netflix guidelines a "good move" after last month saying "the woke mind virus is making Netflix unwatchable."

Southern California Church Shooting Leaves One Dead, Four Injured

Alleged shooter in custody following incident in Laguna Woods church; shooting comes one day after another in a Buffalo, N.Y., supermarket left 10 dead

Jeff Bezos Criticizes Joe Biden in Twitter Spat Over Inflation

The Amazon founder blames Democrats’ stimulus packages for rising prices.

Finland Plans Next Step in NATO Bid as Ukraine Mounts Counteroffensive Near Key Eastern City

Finnish President Sauli Niinistö said the government would apply for membership in the North Atlantic Treaty Organization subject to approval by parliament, which is widely expected, in the coming days.

Russian Soldiers Shot Three Brothers and Threw Them in a Ditch. One Survived.

After Mykola Kulichenko was taken from his village in Ukraine, interrogated, beaten and left for dead, he still had to get back home. His account is among many war-crimes cases Ukrainian prosecutors are building against Russia.

Buffalo Shooting Suspect Wrote in School About Wanting to Carry Out an Attack

The teen suspected of killing 10 people in an alleged hate crime at a Buffalo supermarket was brought to a hospital in June 2021 for an evaluation after expressing a desire to carry out a mass shooting, law-enforcement officials said.

Russian soldier says commander shot himself just to leave war: Ukraine

Audio published by Ukrainian officials showed a Russian soldier telling his mom nobody wanted to be fighting the war in Ukraine.

Photos: 2,300-foot pedestrian suspension bridge, world's longest

Sky Bridge 721 has six main supporting ropes and 60 wind ropes, meaning it can shake with gusts. It's positioned above a valley between two mountains.

Sweden's prime minister says ruling party supports joining NATO

Sweden's Prime Minister Magdalena Andersson said while none military alignment has served Sweden well, it's unclear if it will continue to do so.

Nations Aim to Secure Supply Chains by Turning Offshoring Into ‘Friend-Shoring’

U.S. officials and allies around the world are looking to establish friendly supply routes for key goods amid a war and global pandemic.

Finnish President says he had 'calm and cool' chat with Putin

Sauli Niinistö's comments come as the world awaits Russia's response to Finland's NATO bid, a move that would greatly expand the alliance's footprint.

Effects of Russian sanctions, energy crisis will be long-term: experts

As the war in Ukraine rages on, Western countries are being forced to reckon with their reliance on Russian imports.

After Steve book review: How Apple became a million-dollar company

More than 200 current and former Apple execs were interviewed for Tripp Mickle's "After Steve: How Apple Became a Trillion-Dollar Company and Lost Its Soul."

Election Officials Steel Themselves for Threats as Midterm Season Gears Up

Verbal harassment and threats of violence have been par for the course for some voting administrators since former President Donald Trump’s fraud claims after the 2020 election.

Why Uber's delayed subscription service still lags behind competitors

Uber insiders say infighting and the CEO's leadership delayed a subscription service, which continues to lag behind competitors.

CEO Pay Packages Rose to $14.7 Million in 2021, a New High

Stock awards pushed median compensation to a sixth-straight record, and nine CEOs got packages of $50 million or more.

Costco vs Dollar General: Review, prices, photos

Costco had lower prices on most items, but a few products were priced lower at Dollar General, including orange juice and chicken broth.

Investors Stay Put, Because They Can’t Think of Better Options

Crypto is imploding, cash is getting eaten away by inflation and even bond prices are tumbling

Saudi Aramco Posts Record Quarterly Profit on Surging Oil Prices

The world’s most valuable company said its net income surged 82% to $39.5 billion in the first three months of 2022.

Stock market crash: Top Wall Street investors warn of summer from hell, recession

Tanking tech stocks, crashing crypto, sky-high inflation, rising interest rates, soaring recession fears — Wall Street's summer is about to be ugly.

Dr. Oz calls opponent tweet about Islam and pedophilia 'reprehensible'

"It's reprehensible that she would tweet out something that is defamatory to an entire religion," Oz, who is Muslim, said.

Buffalo mass shooting live-streamed on Twitch by gunman

The gunman was broadcasting on Twitch when he opened fire at a grocery store in Buffalo, New York, killing at least 10 people, the platform said.

Abortion-Rights Supporters March to Protest Possible Overturning of Roe v. Wade

Crowds chanted, carried banners and marched in cities across the country, in the first large public response to a draft Supreme Court opinion indicating the high court may overturn Roe v. Wade.

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