Business News - The Last 24 Hours

AP Source: General Motors and Bedrock real estate plan to redevelop GM Detroit headquarters towers - News/Talk/Sports 94.9 WSJM
Associated Press - 11 min 37 sec ago
AP Source: General Motors and Bedrock real estate plan to redevelop GM Detroit headquarters towers  News/Talk/Sports 94.9 WSJM



Trump Media stock plummets after company files to issue millions more shares
FOX Business - 1 hour 5 min ago
Trump Media & Technology Group stock tumbled more than 15% Monday after the company launched by former President Donald Trump disclosed it could issue millions more shares.
RELATED:
Deutsche Welle - Donald Trump's hush money criminal trial opens in New York - 1 hour 33 min ago
NDTV - "Assault On America": Donald Trump On Hush Money Criminal Trial - 1 hour 56 min ago
CNBC - Trump Media shares plunge after company files to issue additional DJT stock - 2 hours 44 min ago
BBC - What you need to know about Trump's hush-money trial - 3 hours 6 min ago
CNN - Jury selection to begin in Trump's historic hush money trial - 3 hours 27 min ago
COMMENTARY:
The Independent - Trump Media stock plunges another 13% on morning of ex-president’s first criminal trial - 32 min ago
BusinessInsider - Trump's hush-money trial might make him miss Barron's high school graduation ceremony - 56 min 20 sec ago
Russia Today - Jury selection begins in Trump hush-money trial - 1 hour 52 min ago
Wall Street Journal - Trump Media Shares Slide, Extending Selloff - 1 hour 55 min ago
Indiatimes - In a historic first, Trump's criminal hush money trial kicks off in New York - 3 hours 5 min ago
The Guardian - Donald Trump criminal trial over hush money begins in New York – live - 4 hours 37 min ago
SCMP - How Donald Trump will seek to turn his hush money trial into political gold - 11 hours 58 min ago
Sydney Morning Herald - The first of Trump’s four criminal trials begins this week. Here’s what to know - 13 hours 57 min ago



UnitedHealth's first-quarter report will offer a window into Change cyberattack costs
CNBC - 1 hour 21 min ago
The financial impact of the Change Healthcare cyberattack is expected to weigh on UnitedHealth Group's first-quarter results.



Is YouTube India's next battleground for free speech?
Deutsche Welle - 2 hours 15 min ago
Journalists and commentators in India post content on YouTube in order to avoid pressure from the government. But officials are already tweaking laws to expand their influence onto the platform.
RELATED:
NDTV - Minister Praises Iranian Counterpart On Release Of Indians On Seized Ship - 3 hours 59 min ago
Reuters - India's TCS counts on pricing increases to boost margins - Reuters India - 14 hours 52 min ago
Bloomberg - India Stocks to Beat China, Japan Equities Despite High Price - Bloomberg - 15 hours 39 min ago
COMMENTARY:
Indiatimes - Asha Sobhana, Sajana Sajeevan earn maiden India call-ups - 33 min 23 sec ago
The Independent - Iran will give India access to crew of seized Israel-linked ship - 4 hours 8 min ago
SCMP - Who invented butter chicken? Spicy legal drama erupts in India with Moti Mahal, Daryaganj restaurants’ rival claims - 11 hours 38 min ago



Retail sales unexpectedly jump even as high inflation stirs back to life
FOX Business - 2 hours 48 min ago
Retail sales rose in March for the second straight month, even as Americans continued to deal with the ongoing inflation crisis and high interest rates.
COMMENTARY:
BusinessInsider - A CIO details 4 reasons why the recent inflation spike is temporary — and says the Fed will still cut rates 3 times this year - 55 min 39 sec ago
Indiatimes - March wholesale inflation rises to a three-month high of 0.5% - 1 hour 47 min ago
New York Times - Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover - 6 hours 38 min ago



Hong Kong regulators approve launch of spot bitcoin and ether ETFs
CNBC - 2 hours 53 min ago
Hong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), asset managers said.
COMMENTARY:
SCMP - Annual operating costs for offices of ex-Hong Kong leaders reach HK$21 million, with Carrie Lam’s workplace accounting for 44% - 27 min 17 sec ago
The Straits Times - Hong Kong gives initial Bitcoin, Ether ETF nod, issuers say - 7 hours 12 min ago



Op-ed: There's a potential tax increase coming. Here's what you need to know
CNBC - 3 hours 9 min ago
It is folklore that middle-class Americans received perpetual relief in the Tax Cuts and Jobs Act of 2017. Here's how to prepare for changes on the horizon.
RELATED:
CNBC - State tax officials are using AI to go after wealthy payers - 3 hours 39 min ago
FOX Business - Still need to file your taxes? Last-minute tips for late filers - 5 hours 39 min ago
COMMENTARY:
New York Post - Your tax refund could be delayed — possibly for years: What to do if it happens to you - 1 hour 48 min ago
Wall Street Journal - Your Tax Refund Is Delayed. It Could Be Years. - 14 hours 39 min ago
Indiatimes - Rice exporters face Rs 2,000 crore tax bill - 21 hours 41 min ago



Iran's attack on Israel has muted impact on oil markets
Deutsche Welle - 3 hours 9 min ago
The global economy has so far shrugged off the Iranian strike on Israel. Important markets like oil had already priced in a possible attack. Will the calm last?
RELATED:
Deutsche Welle - Oil markets, inflation steady after Iran's attack on Israel - 3 hours 9 min ago
COMMENTARY:
The Independent - Sweeping Iran sanctions to hit the House floor after drone attack on Israel - 1 hour 17 min ago
BusinessInsider - Iran's attack on Israel could be bad for Russia's war in Ukraine - 8 hours 47 min ago



Tesla to lay off more than 10% of workforce, report says
FOX Business - 3 hours 21 min ago
Tesla, the world's most valuable automaker, will lay off about 10% of its global workforce, a move that will affect about 15,000 workers, a report says.
RELATED:
BBC - Tesla lays off more than 10% of its workforce - 3 hours 38 min ago
CNBC - Tesla shares dip in premarket trade after reports the firm will lay off more than 10% of global workforce - 3 hours 40 min ago
COMMENTARY:
Indiatimes - Tesla's senior battery executive Drew Baglino exits company - 1 hour 1 min ago
Wall Street Journal - Tesla to Lay Off More Than 10% of Workforce, Musk Tells Staff in Email - 1 hour 41 min ago
New York Times - Tesla Will Lay Off More Than 10% of Workers - 1 hour 56 min ago
New York Post - Tesla to slash global workforce more than 10% as it faces price war: ‘Difficult decision’ - 2 hours 36 min ago
The Guardian - Tesla to cut 14,000 jobs as Elon Musk bids to make it ‘lean, innovative and hungry’ - 3 hours 38 min ago
BusinessInsider - Read the memo Elon Musk sent Tesla staff announcing that the company is laying off more than 10% of the workforce - 4 hours 2 min ago
The Straits Times - Tesla to lay off more than 10% of its staff, Electrek reports - 5 hours 24 min ago



Japan's aid for Ukraine signals new distance from Russia
Deutsche Welle - 3 hours 46 min ago
Japan has become one of Ukraine's most important allies, providing billions in aid. But what does this mean for relations with Russia?
RELATED:
Deutsche Welle - Ukraine updates: Kyiv calls for 'bold' air defense support - 3 hours 49 min ago
Bloomberg - Sudan's Civil War Joins Gaza and Ukraine Conflicts on List of Global Crises - Bloomberg - 5 hours 36 min ago
BBC - Ukraine's power plants at the mercy of Russian missiles - 9 hours 11 min ago
Associated Press - House Speaker Mike Johnson says he will push for aid to Israel and Ukraine this week - The Associated Press - 16 hours 49 min ago
CNBC - Ukraine’s attacks on Russian oil refineries show the growing threat AI drones pose to energy markets - 23 hours 38 min ago
COMMENTARY:
Russia Today - Macron wants Olympics truce in Ukraine and Gaza - 14 min 22 sec ago
Wall Street Journal - Mike Johnson's Big Decision: Help Israel, Ukraine or Both? - 39 min 19 sec ago
Indiatimes - Ukraine's foreign minister says Israel's response to an Iranian aerial attack shows what Kyiv needs - 1 hour 30 min ago
BusinessInsider - Iran's aerial attack on Israel was based on Russian tactics in Ukraine, war experts say - 3 hours 37 min ago
The Independent - Ukraine-Russia war latest: Zelensky warns ‘no time to waste’ as Ukraine’s army chief says frontline situation ‘tense’ - 10 hours 3 min ago
The Guardian - Iran attack puts pressure on US House speaker to pass aid bill for Israel and Ukraine - 14 hours 31 min ago



Samsung overtakes Apple for top phonemaker spot: report
FOX Business - 4 hours 26 min ago
Samsung has overtaken Apple as the world's top phonemaker during the first quarter of 2024 as the latter's shipments have dropped around 10%, a report says.
RELATED:
CNBC - Apple iPhone first-quarter shipments sink as Chinese challengers rise; Samsung regains top spot - 12 hours 5 min ago
NDTV - Apple Loses Top Phonemaker Spot To Samsung As iPhone Shipments Drop - 13 hours 43 min ago
Reuters - Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says - Reuters - 15 hours 18 min ago
COMMENTARY:
Indiatimes - Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead - 40 min 48 sec ago
SCMP - US grants Samsung up to US$6.4 billion in funding to produce advanced chips in Texas - 2 hours 19 min ago
New York Times - U.S. Awards Samsung $6.4 Billion to Bolster Semiconductor Production - 6 hours 34 min ago
Wall Street Journal - Samsung Electronics Gets $6.4 Billion for Texas Chip Plants - 6 hours 39 min ago
New York Post - Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says - 6 hours 58 min ago



Devastating floods ravage Kazakhstan and Russia
Deutsche Welle - 4 hours 41 min ago
Tens of thousands of people were displaced following devastating floods after major rivers burst their banks in northern Kazakhstan and Russia.
COMMENTARY:
Wall Street Journal - Base Metal Prices Rise After Russian Ban - 6 hours 8 min ago
SCMP - Kyiv warns of imminent Russian false flag operation at Zaporizhzhia nuclear plant - 20 hours 50 min ago



Bitcoin's Share of Crypto Market Highest Since 2021 Partly Due to ETFs - Bloomberg
Bloomberg - 4 hours 46 min ago
Bitcoin's Share of Crypto Market Highest Since 2021 Partly Due to ETFs  Bloomberg



Iran Attack On Israel: Crude Oil Futures Decline On Low Demand
NDTV - 5 hours 2 min ago
Crude oil futures on Monday declined 1.57 per cent to Rs 7,074 per barrel as participants trimmed their positions after Iran's attack on Israel. On the Multi Commodity Exchange, crude oil for April delivery fell Rs 113 or 1.57 per cent to Rs 7,074 per barrel with a business volume of 6,469 lots. "Oil prices are trading lower on profit-booking and as risk premium due to Israel-Iran tussle eased after the weekend developments," Pranav Mer, Vice President, EBG - Commodity & Currency Research ...
RELATED:
BBC - Oil prices dip after Iran attack on Israel - 6 hours 33 min ago
CNBC - Oil prices could see 'super spike well above $100' if conflict escalates after Iran's attack on Israel - 14 hours 11 min ago
FOX Business - Oil expected to rise in wake of Iran's attack on Israel - 17 hours 32 min ago
COMMENTARY:
Wall Street Journal - Oil Prices Fall as Traders Bet Israel Will React Cautiously - 4 hours 46 min ago
New York Post - Oil prices expected to rise after Iran’s attack on Israel, but further gains may depend on response - 22 hours 14 min ago



Nepal Police Fire Tear Gas, Clash With Pro-Monarchy Protesters
NDTV - 6 hours 8 min ago
Nepali police on Tuesday fired tear gas and water cannons as thousands marched in the capital Kathmandu demanding the restoration of a constitutional monarchy and a Hindu state. The Hindu-majority nation became a secular republic with a federal system in 2008, after parliament abolished the monarchy as part of a peace deal that ended a decade-long civil war in which more than 16,000 people were killed. "Restoration of the monarchy, a Hindu nation and abolishment of the federal system are o ...
COMMENTARY:
SCMP - Hong Kong media tycoon Jimmy Lai wanted to convince radical protesters to show restraint as chaos, damage had ‘ruined picture’, court told - 2 hours 19 min ago



Apple CEO Tim Cook visits Vietnam — one of the iPhone giant's most important manufacturing hubs
CNBC - 6 hours 22 min ago
Apple has been looking to reduce its reliance on China for its product assembly, with India and Vietnam emerging as key locations.
COMMENTARY:
BusinessInsider - Tim Cook has arrived in Vietnam for a two-day trip, as Apple boosts ties with its key manufacturing hub - 2 hours 45 min ago



Young nose cells may help children fight off Covid
BBC - 6 hours 31 min ago
Lab tests show ageing adult nose cells contain 100 times more virus soon after an infection.
RELATED:
BBC - Young nose cells may help children fight off Covid - 6 hours 31 min ago
COMMENTARY:
Indiatimes - Triple blow of demonetisation, GST, unplanned Covid lockdowns decimated MSMEs in TN: Congress - 37 min 18 sec ago
The Guardian - Covid pandemic made poorest countries even worse off, World Bank warns - 5 hours 38 min ago



Real estate mogul concerned how Americans with deal will squatters: ‘Something really bad is going to happen’
FOX Business - 6 hours 38 min ago
Shawn Meaike, an entrepreneur who started his journey to generational wealth with investment properties, is concerned how Americans will handle squatting issues as they grow desperate.
COMMENTARY:
Wall Street Journal - GE's famed management academy at Crotonville, N.Y., was sold to an entity composed of real-estate investors and family offices for $22 million. - 12 hours 32 min ago



China Disguising Imported Russian Copper as Scrap to Avoid Sanctions – Reuters - The Moscow Times
Reuters - 6 hours 59 min ago
China Disguising Imported Russian Copper as Scrap to Avoid Sanctions – Reuters  The Moscow Times
RELATED:
Bloomberg - New LME Russia Metals Sanctions to Drive Sales to China - Bloomberg - 13 hours 46 min ago
NDTV - At UN, Israel Urges Iran Sanctions As World Warns Against Escalation - 15 hours 29 min ago
COMMENTARY:
Indiatimes - UK would consider more sanctions against Iran, says David Cameron - 8 hours 16 min ago
SCMP - Shanghai is the sole commodities bourse to stay open to Russian aluminium, copper and nickel as sanctions drive Moscow towards China - 10 hours 11 min ago



Emerging Markets Battle Weak Currencies Amid Dollar Might - Bloomberg
Bloomberg - 9 hours 1 min ago
Emerging Markets Battle Weak Currencies Amid Dollar Might  Bloomberg



Airlines Face Biggest Disruption Since 9/11 After Iran Attacks Israel
NDTV - 10 hours 37 min ago
Global airlines faced disruptions to flights on Monday after Iran's missile and drone attacks on Israel further narrowed options for planes navigating between Europe and Asia. Iran's attack on Israel by more than 300 missiles and drones, which were mostly shot down by Israel's U.S.-backed missile defence system, caused chaos in the aviation industry. At least a dozen airlines have had to cancel or reroute flights over the last two days, including Qantas, Germany's Lufthansa, United Airline ...
COMMENTARY:
New York Times - Pet Policies for Delta Air Lines, United Airlines, American Airlines and Other Domestic Carriers - 1 hour 21 min ago



Stock Markets Today: Middle East, commodities, Apple, Goldman - Bloomberg
Bloomberg - 10 hours 39 min ago
Stock Markets Today: Middle East, commodities, Apple, Goldman  Bloomberg
RELATED:
Bloomberg - Stock Market Today: Dow, S&P Live Updates for April 15 - Bloomberg - 17 hours 30 min ago
COMMENTARY:
BusinessInsider - Stock market today: US stocks surge as investors brush away Israel-Iran conflict fears in favor of solid retail sales data - 2 hours 24 sec ago
Wall Street Journal - Here's What Higher for Longer Means for the Stock Market - 6 hours 9 min ago
The Hindu - Stock market opens lower amid Iran-Israel tensions - 11 hours 23 min ago
The Straits Times - Weekly Money FM Podcasts: Are we on the brink of another stock market bubble burst? - 17 hours 44 min ago



Goldman Sachs reports earnings before market open — here's what the Street expects
CNBC - 11 hours 38 min ago
Goldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.
COMMENTARY:
New York Post - Goldman Sachs reports surprise profit surge thanks to strong trading, dealmaking - 1 hour 30 min ago
New York Times - A Slimmer Goldman Sachs Posts Hefty Jump in Profit - 1 hour 49 min ago
The Straits Times - Goldman Sachs profit beats Wall St estimates as investment banking fuels highest earnings since 2021 - 2 hours 34 min ago
BusinessInsider - Goldman crushes revenue and earnings forecasts as investment-banking fees soar - 3 hours 51 min ago
Wall Street Journal - Goldman Sachs First Quarter Profit Jumps 28% - 3 hours 54 min ago



Biden tells Netanyahu US would not take part in Israeli counter strike against Iran - Reuters
Reuters - 12 hours 8 min ago
Biden tells Netanyahu US would not take part in Israeli counter strike against Iran  Reuters
COMMENTARY:
BusinessInsider - How an unrelated Supreme Court decision could jeopardize Biden's new student-loan forgiveness plan before it even goes into effect - 1 hour 57 min ago
SCMP - Why Biden is racing to build a Trump-proof US alliance system - 3 hours 9 min ago
Russia Today - No Biden address on Israel-Iran escalation – Politico - 5 hours 17 min ago
Indiatimes - Iran attack on Israel: G7 states condemn unprecedented strike; Biden Lauds US Forces' role - 5 hours 39 min ago
Wall Street Journal - Big Oil Companies Warm to Biden After Years of Bad Blood - 6 hours 9 min ago
The Independent - Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas - 6 hours 38 min ago
Sydney Morning Herald - Joe Biden rules out the US joining any Israeli retaliatory action against Iran - 19 hours 55 min ago



Apple CEO Tim Cook arrives in Vietnam to meet users, boost supplier ties - Reuters
Reuters - 12 hours 38 min ago
Apple CEO Tim Cook arrives in Vietnam to meet users, boost supplier ties  Reuters
COMMENTARY:
SCMP - Apple CEO Tim Cook visits Vietnam as US tech giant’s supply chain shift stirs unease in China - 2 hours 8 min ago
BusinessInsider - From the battery boss who naps at noon to the fitness entrepreneur who rises at 3:30 a.m., these are the most unusual CEO habits - 17 hours 47 min ago
Indiatimes - Brandy Melville Documentary: What does the HBO special reveal about CEO Stephan Marsan - 22 hours 23 min ago



Five Things China Economists Are Watching to See If Rebound is Real - Bloomberg
Bloomberg - 14 hours 39 min ago
Five Things China Economists Are Watching to See If Rebound is Real  Bloomberg
COMMENTARY:
SCMP - Bondi Junction stabbing: Chinese student phoned fiancé minutes before being stabbed, devastated family on way to Australia - 7 hours 38 min ago
Indiatimes - China set to post slowing growth on housing, consumption woes - 10 hours 1 min ago
Wall Street Journal - A tepid economic recovery, fear of Russian aggression, and the prospect of a Trump electoral victory in the U.S. are nudging Europe closer to China. - 11 hours 38 min ago
Russia Today - German leader greeted in China by city’s deputy mayor (VIDEO) - 13 hours 36 min ago



Apple (AAPL) iPhone Shipments Fall 10% as Android Smartphones Rise - Bloomberg
Bloomberg - 15 hours 35 min ago
Apple (AAPL) iPhone Shipments Fall 10% as Android Smartphones Rise  Bloomberg
COMMENTARY:
BusinessInsider - Global iPhone shipments fell 9.6% in the first quarter, another sign of Apple's woes this year - 11 hours 16 min ago