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Russia's internet crackdown hobbles small businesses
Russian dogwear entrepreneur Natalia Kukovinets has had to switch messaging apps multiple times to stay in touch with customers, one of many web-dependent businesses struggling with the Kremlin's wide...
US job growth likely slowed in April as boost from temporary factors fades
U.S. job growth likely slowed in April as the boost from warmer weather and return of striking health workers faded, but that would not signal a material change in labor market conditions, with the unemployment rate expected to have held steady at 4.3%.
Sony forecasts 11% rise in annual profit but lower sales
Sony forecast on Friday its operating profit for the year ending March 2027 would rise 11% to 1.6 trillion yen ($10.20 billion), with higher profit but lower sales at its main gaming business.
War, energy and politics hamper Eastern Europe's efforts to keep deficits in check
The Romanian government's political implosion this week in a no-confidence vote has cast a shadow over a region grappling with rising debt, defence spending and energy costs that are unsettling investors and ratings agencies alike.
Is the FDA Really Suppressing Science? Plus. . .
It’s Thursday, May 7. This is The Front Page, your daily window into the world of The Free Press—and our take on the world at large. Today: Aaron MacLean says Trump is poised to snatch defeat from the jaws of victory in the Iran war. Joe Klein on the life of CNN founder Ted Turner. Jillian Lederman on why cruise ships are here to stay. And much more. But first: Is the FDA suppressing science? On Tuesday, The New York Times published a story with an alarming takeaway. “FDA Blocked Publication of Research Finding Covid and Shingles Vaccines Were Safe,” read the headline. It is the latest in a string of stories that all have the same message: The Food and Drug Administration (FDA), and other agencies, are engaged in a cover-up—and silencing scientists trying to get the word out about the Covid vaccine. What all these stories suggest—some more subtly than others—is that the outsiders now running the public health establishment, officials such as Marty Makary at the FDA and Jay Bhattacharya at the National Institutes of Health, are on a revenge tour. That they are doing harm to the country to get back at the scientists and bureaucrats who ostracized them for deviating from the public-health consensus during the pandemic. It’s a seductive narrative. But is it true? That’s the question we address in our latest editorial. —The Editors Read [ Marty Makary's FDA Has All the Right Enemies ](https://www.thefp.com/p/marty-makary-vaccine-study-fda) [ Trump Blinks First ](https://www.thefp.com/p/iran-peace-deal-pakistan-trump-strait-of-hormuz) Aaron MacLean In return for no detectable concessions, President Trump this week gave up on forcing open the Strait of Hormuz. Now, the Trump administration looks desperate for a deal to end the war with Iran. It’s easy to understand the desire to end the war, but are they blowing the chance at victory? Aaron MacLean makes sense of the administration’s latest moves—and Iran’s response—in his column today. Read full story Aaron MacLean and Niall Ferguson: Live in New York City Join Aaron MacLean and Niall Ferguson on May 19 for a live recording of School of War at the iconic New York Historical. In a conversation as timely as it is wide-ranging, Aaron and Niall will explore the strategic stakes of the moment, including the Middle East, China, and the future of American leadership on the global stage. Get Tickets Now [ Ted Turner, the Optimist Who Built CNN ](https://www.thefp.com/p/ted-turner-cnn-tribute) Joe Klein The man who gave us CNN and the 24-hour news cycle, Ted Turner, died Wednesday at the age of 87. Today, political writer Joe Klein—who almost ghostwrote Turner’s autobiography—remembers his friend, the American media mogul who stood out for his idealism and lack of a filter—something that got Turner in trouble more than once. “His was not a traditional intelligence, but one of horizon: Ted saw things before other people did,” Joe writes. Read full story [ Nothing Can Sink the Cruise Ship ](https://www.thefp.com/p/cruise-ship-hantavirus) Jillian Lederman A viral outbreak on a cruise ship that left three passengers dead has left some people wondering: Are cruise ships on the way out? Not so fast, says Jillian Lederman, who has been on many a cruise herself. Read her piece on why 38 million people a year take a cruise—and aren’t about to stop. Read full story [ The Great Writers Who Were Terrible People ](https://www.thefp.com/p/the-great-writers-who-were-terrible) Shilo Brooks Throughout history, some of the greatest literary geniuses have also been immoral bigots. In the latest episode of Old School, Shilo Brooks is joined by Eli Lake for a conversation about those geniuses, from Voltaire to Norman Mailer and Roald Dahl—and why we should read their work despite their odious prejudices. Listen on MORE FROM THE FREE PRESS [ Inside the Digital Intifada ](https://www.thefp.com/p/digital-intifada-social-media-hamas-terror) Warren Kinsella Read full story [ This Week in American History: Trump’s Over-Arching Problem ](https://www.thefp.com/p/this-week-in-american-history-trumps-over-arching-problem) Jonathan Horn Read full story [ Humanity Is Still Evolving—and Fast ](https://www.thefp.com/p/humanity-is-still-evolvingand-fast) Razib Khan Read full story THE NEWS Thirteen D.C. Metropolitan Police officers have been placed on administrative leave and could face termination after an internal investigation found evidence that crime statistics were manipulated to make the city look safer. The Republican-led House Oversight Committee previously alleged that former D.C. police chief Pamela Smith pressured officers to skew data. Tennessee Republicans unveiled a redrawn U.S. House map yesterday that would split up Memphis’s black-majority Democratic district, the latest move in a nationwide push to redraw congressional boundaries ahead of the midterms. The effort follows a Supreme Court ruling last week on Louisiana’s districts, which Tennessee House Speaker Cameron Sexton said gave states the green light to redraw maps along partisan lines. Israel struck Beirut for the first time since a ceasefire with Hezbollah took effect last month, saying it targeted a commander of the militant group’s elite Radwan force in the city’s southern suburbs. The strikes risk destabilizing that truce at a delicate moment, as Iran and the U.S. report progress toward a deal to resolve their own standoff. The U.S. Air Force is aiming for a Fourth of July delivery of a Boeing 747 gifted by Qatar, hoping to add it to the Air Force One fleet in time for the U.S.’s 250th anniversary, Reuters reported. (For more on the controversy surrounding the aircraft, read Jed Rubenfeld’s piece “It’s a Terrible Idea, but Trump Probably Can Accept a Free Jet from Qatar.”) Commerce Secretary Howard Lutnick testified privately before Congress that he has no memory of why he and his family dined on Jeffrey Epstein’s private island in 2012, according to Reuters. The admission contradicts Lutnick’s earlier claim that he had cut ties with the convicted sex offender well before that visit. Weeks before a former JPMorgan investment banker filed a lawsuit packed with explosive allegations, the bank reportedly offered him $1 million to settle his sexual assault and harassment claims, according to The Wall Street Journal. The suit, filed by Chirayu Rana, alleges he was sexually assaulted by a female colleague, subjected to racial discrimination, and forced into a degrading dynamic at work. JPMorgan says the claims lack merit, and the female colleague’s lawyers call the accusations fabricated. A new report from the Hartford Institute for Religion Research shows that, for the first time in roughly 20 years, church attendance is trending upward, with more people volunteering and clergy expressing renewed optimism. The study’s authors described the findings, based on a survey of more than 7,400 congregations, as showing signs of widespread recovery from low attendance numbers.
Britain's JD Sports says Nike's Hill 'doing a great job'
Nike CEO Elliott Hill got a vote of confidence from one of its largest customers, British sportswear retailer JD Sports , whose boss said on Thursday he was "doing a great job".
UniCredit reaches non-binding accord to sell parts of Russian business
Italian bank UniCredit said on Thursday that it had reached a non-binding accord to sell parts of its Russian subsidiary to a "well established private investor" in the United Arab Emirates.
Fake rumors, real killings: Inside Congo's deadly health misinformation crisis
In Tshopo, a northeastern Congolese province blanketed in rainforest, rumours rippled through villages late last year claiming a mysterious illness had caused men's genitals to atrophy.
Chief Justice Roberts laments public perception of US Supreme Court as 'political actors'
U.S. Chief Justice John Roberts expressed concern on Wednesday about the public perception of the Supreme Court as an institution driven primarily by political outcomes rather than the law at a time when some prominent voices have raised questions about the top U.S. judicial body's legitimacy.
Sun Life quarterly profit jumps on Asia business strength
Sun Life reported a jump in first-quarter profit on Wednesday, as the Canadian insurer benefited from strong gains in its Asia business.
Who is Zack Polanski, UK Greens leader and rising political star?
Polanski has been likened to New York's Zohran Mamdani for his popular blend of environmental and socialist policies.
Soccer-Help wanted: Fox Sports hiring 'World Cup Watcher' for $50,000
May 5 (Reuters) - Forget the status that comes with the corner office, the best job in America this summer will pay one individual $50,000 to watch all 104 World Cup soccer games.
Help wanted: Fox Sports hiring 'World Cup Watcher' for $50,000
Forget the status that comes with the corner office, the best job in America this summer will pay one individual $50,000 to watch all 104 World Cup soccer games.
Two hantavirus cases confirmed, five more suspected on stranded cruise ship
Among the seven cases, three people have died, one is critically ill and three have mild symptoms, the WHO says.
UnitedHealthcare removes prior approval requirements for 30% of healthcare services
UnitedHealth will eliminate prior approval requirements for 30% of healthcare services, its insurance unit said on Tuesday, further reducing delays and paperwork for patients and doctors.
German firms abroad grow more pessimistic as Iran war disrupts supply chains
German firms operating abroad have become more pessimistic about their prospects, with nearly one in three expecting economic conditions to worsen as the Iran war exposes vulnerabilities in global supply chains, a survey showed on Tuesday.
Intel appoints Qualcomm executive to lead PC and physical AI business
Intel said on Monday it had appointed Alex Katouzian to lead the company's PC and physical artificial intelligence unit.
Intel appoints Qualcomm executive to lead PC and physical AI business
Intel said on Monday it had appointed Alex Katouzian to lead the company's PC and physical artificial intelligence unit. The new role for Katouzian includes the company's crucial PC business, which has been one of the mainstays of Intel's revenue and profit for decades. Katouzian has worked at Qualcomm for more than 20 years and has worked extensively in the company's mobile chip unit, which makes processors for smartphones and other gadgets.
AP, Washington Post, Reuters and Minnesota Star Tribune among Pulitzer winners for 2025 work
The Washington Post won the Pulitzer Prize for public service for scrutinizing the Trump administration’s sweeping, choppy cuts and changes to federal agencies. The Associated Press won the 2026 Pulitzer
Zambia says US health deal must be uncoupled from minerals access
Zambia's government said on Monday that it opposed a U.S. attempt to tie health funding to access to critical minerals, giving details for the first time about why negotiations with Washington over two proposed agreements have stalled.
Zambia Says US Health Deal Must Be Uncoupled From Minerals Access
LUSAKA, May 4 (Reuters) - Zambia's government said on Monday that it opposed a U.S. attempt to tie health funding to access to critical minerals, giving details for the first time about why negotiations with Washington over two proposed agreements have stalled. Zambia's Foreign Minister ...
Lebanon's most senior Shi'ite politician says no to negotiations with Israel until war stops
Lebanon's parliament speaker, who is the most senior Shi'ite politician and a close ally of Hezbollah, said on Monday there could be no negotiations with Israel without a halt to the war that has raged on in southern Lebanon in spite of a ceasefire.
Tyson Foods profit beats estimates on strength in chicken business
Tyson Foods reported better-than-expected quarterly earnings on Monday, as rising chicken sales helped counter a sharp drop in demand for high-priced beef.
WHO says risk to public is low after suspected hantavirus outbreak hits ship
The World Health Organization said on Monday there was no need for panic and the risk to the public was low after three people died and three fell ill following a suspected outbreak of the rodent-borne hantavirus on a cruise ship in the Atlantic.
Amazon opens up its logistics network to other businesses
Amazon.com said on Monday it was rolling out "Amazon Supply Chain Services", opening up its logistics network for other businesses to use.
Insight: Warned off vaccine actions, Kennedy seeks quick health wins ahead of midterms
U.S. Health Secretary Robert F. Kennedy Jr. is aiming for quick wins on new health initiatives to help Republicans in November’s midterm elections, after the White House asked him to pivot from a widely criticized campaign to rewrite U.S. vaccine policy, senior administration officials told Reuters.
Former NYC Mayor Giuliani hospitalised in ‘critical condition’
Spokesman says Giuliani in 'critical but stable' condition as President Trump hails 'true warrior'.
Samsung Elec appoints new head of Visual Display business
Samsung Electronics said on Monday it has appointed Lee Won-jin as the new head of its Visual Display Business.
National Australia Bank's first-half cash earnings miss estimate
National Australia Bank reported weaker-than-expected first-half cash earnings on Monday as a higher credit impairment charge and a charge related to its software capitalisation policy offset robust growth in business lending volume.
Former United manager Ferguson taken to hospital after health scare at Old Trafford
Former Manchester United manager Alex Ferguson has been taken to hospital after feeling unwell ahead of Sunday's Premier League match between United and Liverpool, media reported.
Business Lookahead: Eyeing oil, US jobs, and European earnings
STORY: From high oil prices and the conflict in the Middle East to U.S. jobs data and corporate earnings, here’s what you need to watch in business and finance in the week ahead.:: Crude and currencyOil prices briefly topped $120 a barrel this week to hit their highest level since 2022 as the war with Iran enters a third month.While the U.S. and Iran face pressure to end a conflict that has shut the Strait of Hormuz, the world watches anxiously as the biggest-ever disruption to energy supplies unfolds.For each week the Strait is closed, keeping oil elevated, the greater the economic risks via higher inflation or weak growth or, for some, both. Oil importer Japan just intervened to prop up a yen that has been weakened by the conflict.A new month is now underway and some traders will be mindful of that old adage, "Sell in May and go away.":: Jobs gyrationsAs the U.S. economy grapples with fallout from the Middle East war, Wall Street's radar turns to Friday's April monthly payrolls report.The U.S. economy likely created 73,000 new jobs, economists polled by Reuters forecast. In March, payrolls increased by 178,000, the most since December 2024, but that followed a sharp decline in February.The U.S. employment data comes amid signs of hawkishness at the Federal Reserve, as Donald Trump pick Kevin Warsh prepares to take over as chair with the U.S. president keen on rate cuts.:: Starmer’s statusThursday's local elections in Britain, usually a non-event for investors, could move markets in a big way, with opinion polls pointing to a heavy defeat for Prime Minister Keir Starmer's Labour Party.A heavy defeat could spark more widespread demands for his dismissal among his own lawmakers and stoke expectations of a successor more willing to run looser budgets. That would bring more bad news for British bonds.::European earningsIt's a big week for European earnings with Shell and Commerzbank among those reporting.On aggregate, profits are expected to grow 3.2% in Q1, according to LSEG I/B/E/S. Under the surface, it's a little bit more complicated. Growth is expected to be driven by just three sectors: financials, tech and energy. The latter is seen as the biggest beneficiary of the Iran war due to higher oil and gas prices.But if the war, and energy surge, persist, the overall outlook for Europe's earnings could turn.
Colombia-Ecuador trade collapsing as tariff war intensifies, business groups say
RUMICHACA BRIDGE, Colombia/Ecuador, May 1 (Reuters) - The flow of goods between Colombia and Ecuador is drying up, industry groups on the South American countries' border say, as high tariffs resulti...
Coty's perfume business takes another knock with David Beckham fragrance lawsuit
Beauty brand Coty is facing a lawsuit from DB Ventures, the company behind former football star David Beckham’s eponymous fragrance, for what the lawsuit describes as flagrant material breaches of the license agreement, court documents show.
US criticises Zambia for lack of engagement as $1 billion health deal stalls
The United States has criticised Zambia for failing to engage on a new health aid agreement governing more than $1 billion in U.S. funding, saying repeated outreach from Washington had been ignored as an April 30 deadline passed without a deal.
Medicare Advantage health plans may cut extra benefits in 2027
Americans enrolled in Medicare Advantage health plans should expect to see fewer extra benefits like gym memberships and vision and dental coverage next year, investors and industry experts say.
Trump says surgeon general nominee will continue to fight for MAHA health movement
U.S. President Donald Trump said his nominee to become surgeon general, Casey Means, will continue to fight for the Make America Healthy Again (MAHA) movement despite opposition from Republican Senator Bill Cassidy of Louisiana to the nomination.
Soaring fuel prices in Pakistan threaten economic and political crises
Fuel import costs are soaring in Pakistan, creating cascading crises that threaten to weaken the economy and undermine the government.
Cardinal Health lifts annual profit forecast on strong demand for specialty drugs
Drug distributor Cardinal Health on Thursday raised its 2026 profit forecast range, betting on strong demand for costly specialty medicines and branded drugs at its pharmaceuticals unit.
MGM Resorts' quarterly profit misses estimates amid slower Las Vegas business
MGM Resorts International missed Wall Street expectations for first-quarter profit on Thursday, hurt by weaker performance of its Las Vegas businesses amid ongoing macroeconomic uncertainty.
Mattel raises annual profit forecast on steady toy demand, entertainment push
Mattel raised its annual profit forecast and beat analysts' estimates for quarterly sales on Wednesday, benefiting from resilient demand for toys and growth in its entertainment business.
Mattel raises annual profit forecast on steady toy demand, entertainment push
Mattel raised its annual profit forecast and beat analysts' estimates for quarterly sales on Wednesday, benefiting from resilient demand for toys and growth in its entertainment business. "We continued to make progress on our strategy to grow our IP-driven play and family entertainment business and are seeing top-line acceleration in the second quarter to date," CEO Ynon Kreiz said in a statement. Mattel's first-quarter net sales of $862.2 million beat analysts' estimates of $804.7 million, according to data compiled by LSEG.
PayPal to separate Venmo business, CNBC reports
PayPal's new CEO is making Venmo a separate business as part of a broader reorganization, according to a report by CNBC on Wednesday.
PayPal to separate Venmo business, CNBC reports
PayPal's new CEO is making Venmo a separate business as part of a broader reorganization, according to a report by CNBC on Wednesday.
Mercedes inks deal with BNP to sell leasing business
Mercedes-Benz has signed a deal to sell its leasing subsidiary Athlon to France's BNP Paribas and is expected to free up hundreds of millions of euros in liquidity, the German company's finance chief said on Wednesday.
German cabinet approves health insurance reform to curb costs
Germany's cabinet approved a draft bill to reform the statutory health insurance system on Wednesday, aiming to save 16.3 billion euros ($19.08 billion) next year amid mounting costs.
KPMG exits US federal audit business after losing Pentagon contract, FT reports
Big Four firm KPMG is shutting its federal government audit business and will redeploy more than 450 U.S. staff after losing a $60 million-a-year contract with the Pentagon, the Financial Times reported on Wednesday, citing sources.
US Seeks New Nominees for Key Preventive Health Panel
By Deena Beasley April 28 (Reuters) - The U.S. Department of Health and Human Services, overseen by Secretary Robert F. Kennedy Jr., on Tuesday asked for nominations to the influential task force that decides which preventive medical care is provided at no cost to patients. The Preventive ...
Palestinian football body appeals to sports court over FIFA Israel ruling
The Palestinian Football Association has appealed to the Court of Arbitration for Sport against FIFA's decision not to sanction Israel over clubs based in West Bank settlements, a senior PFA official said on Tuesday, as visa issues affecting several delegations added to tensions ahead of the FIFA Congress.
Health Canada approves first generic version of Novo Nordisk's Ozempic
Health Canada has approved the first generic version of Danish drugmaker Novo Nordisk's blockbuster diabetes drug Ozempic made by Indian drugmaker Dr Reddy's Laboratories , its website showed on Tuesday.
Corning faces consumer electronics drag even as data-center business booms
Corning forecast second-quarter revenue below Wall Street estimates on Tuesday, as weakness in the consumer electronics market continues to pressure business despite strong demand for data center products.
T-Mobile rolls out broadband with Starlink backup to expand business customer base
T-Mobile on Tuesday launched a new internet offering for businesses, combining its 5G network with Starlink's satellite backup to serve companies operating in remote locations.
Apollo launches sports and entertainment unit led by Axa XL's Thomas
Apollo has launched a sports and entertainment class of business, led by Axa XL's Paul Thomas, the Skyward Group company said on Tuesday.
Exclusive: Ghana rejects proposed US health aid deal, citing data concerns, source says
Ghana has rejected a bilateral health deal with the U.S., a source familiar with the negotiations told Reuters, the latest stumbling block to the Trump administration's effort to overhaul foreign aid.
UAE's ADNOC to invest tens of billions to build a US gas business, FT reports
Abu Dhabi National Oil Company is planning to invest tens of billions of dollars to build a natural gas business in the U.S., the Financial Times reported on Tuesday.
Trump administration fires entire National Science Board
By Kanishka Singh WASHINGTON, April 27 (Reuters) - President Donald Trump's administration has terminated the entire National Science Board of more than 20 members, two fired members of the board said
Trump administration fires entire National Science Board
President Donald Trump's administration has terminated the entire National Science Board of more than 20 members, two fired members of the board said on Monday.
UNICEF warns Afghanistan could lose up to 25,000 female health workers, teachers
Afghanistan is at risk of losing more than 25,000 female teachers and health workers by 2030 if the Taliban-led country's restrictions on girls' education and women's employment are not lifted, according to a new UNICEF report released on Monday.
Australia's Star Entertainment narrows third-quarter losses
Australian embattled casino operator Star Entertainment narrowed its third-quarter loss on Tuesday, reflecting the impact of cost savings and higher operator fee revenue.
Australia's Star Entertainment Narrows Third-Quarter Losses
April 28 (Reuters) - Australian embattled casino operator Star Entertainment narrowed its third-quarter loss on Tuesday, reflecting the impact of cost savings and higher operator fee revenue. The company reported a loss before interest, taxes, depreciation and amortization for the ...
Box to launch Box Automate service to expedite enterprise business processes, CEO says
Box is launching a service built for artificial intelligence to expedite tedious work like processing invoices and pulling key data from corporate documents, CEO Aaron Levie told Reuters on Monday. In an interview at Reuters' Momentum AI summit in New York, Levie said the company would launch the service, called Box Automate, within 24 hours. It builds on other AI programs that Box developed to put enterprises' vast and disorganized data to use.
Thermo Fisher to sell its microbiology business to Astorg for about $1.08 billion
April 27 () - Thermo Fisher Scientific said on Monday it has agreed to sell its microbiology business to a pan-European private equity firm Astorg for about $1.08 billion, consisting of cash and a $50 million seller note.
Thermo Fisher to sell its microbiology business to Astorg for about $1.08 billion
Thermo Fisher Scientific said on Monday it has agreed to sell its microbiology business to a pan-European private equity firm Astorg for about $1.08 billion, consisting of cash and a $50 million seller note.
Qualcomm surges on report of OpenAI tie-up for AI smartphone processors
Qualcomm shares jumped 13% in premarket trading on Monday after an analyst said OpenAI was working with the chip designer and Taiwan's MediaTek to develop smartphone processors.
Global consumer companies face pricing stress test from oil shock
The fragile demand recovery seen by consumer companies globally is at risk of getting stalled by chances of more prices hikes as a result of soaring energy and commodity costs due to the Middle East conflict.
Forvia to sell its interiors business to Apollo Funds for $2.1 billion
French car parts supplier Forvia will sell its Interiors business to Apollo Funds for 1.82 billion euros ($2.13 billion), it said on Monday.
Sun Pharma signs Definitive Agreement to Acquire Organon
Sun Pharmaceutical Industries Limited (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715) (together with its subsidiaries and/or associated co...
Italy referee chief suspends himself over sports fraud investigation
The man in charge of assigning Serie A and B referees, Gianluca Rocchi, has suspended himself from the role with immediate effect while under investigation for sports fraud by Milan's Public Prosecutor's Office.
A timeline of assassination attempts and threats against Trump
Donald Trump has faced multiple assassination attempts and security threats during his political career, including a confirmed shooting.
US health insurers advance measures to standardize prior authorization requirements
UnitedHealth and CVS Health said on Friday they have standardized data and submission requirements for more than half of their prior authorizations, as part of an industry effort to reduce delays and paperwork for patients and doctors.
L'Oreal chairman says Coty lacks business model
The chairman of French cosmetics group L'Oreal dismissed any comparison with struggling beauty group Coty on Friday, adding that the smaller company had no business model at all.
German business sentiment falls in April to lowest level since 2020
German business morale fell more than expected in April, as the Iran war made companies more pessimistic and threatened the long-awaited recovery of Europe's biggest economy.
Singapore emerging as neutral ground as AI firms navigate Sino-US rivalry
Singapore is transforming from East-West gateway to neutral ground for the AI sector, with Chinese startups hoping to operate beyond government reach while U.S. firms seek foreign talent without the headache of stricter visa regulations.
White House accuses China of 'industrial-scale' AI technology theft weeks ahead of Trump-Xi summit
The White House OSTP accuses China of running industrial-scale distillation campaigns to steal American AI technology ahead of the Trump-Xi summit.
TGL’s Business Case Is Starting to Look a Lot More Real
There comes a point when a sports startup stops feeling like a clever experiment and starts looking like a real business. TGL may be getting there. Reuters reported in late March that TGL franchise values had climbed sharply by the end of the league’s second season, with one minority stake deal ...
US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows
U.S. business activity picked up in April after nearly stalling in the prior month, but supplier delivery times at factories worsened as the war with Iran disrupted supply chains, pushing a measure of output prices to a near four-year high.
US Senate passes $70bn funding plan for ICE, Border Patrol
Senate votes 50-48 early on Thursday morning to advance the plan to reopen the Department of Homeland Security.
Euro zone business activity contracted in April as costs rocketed, PMI shows
Business activity in the euro zone suffered a surprise contraction in April with the U.S.-Israeli war with Iran sapping demand as prices soared, a closely watched survey showed on Thursday.
Apollo nears $1.6 bln deal for auto interiors business of France's Forvia, Bloomberg News reports
Private equity firm Apollo is nearing a deal to acquire the auto interiors business of France's Forvia , Bloomberg News reported on Thursday, citing people familiar with the matter.
South Korea, Vietnam set to sign dozens of business deals as Lee visits Hanoi
South Korean and Vietnamese companies are expected to sign dozens of business deals on Thursday, Korean media and two sources said, as South Korean President Lee Jae Myung visits Hanoi.
Sainsbury's echoes Tesco warning as Iran war weighs on outlook
British supermarket group Sainsbury’s warned on Thursday that uncertainty around how the Iran war will affect consumers is clouding its outlook and could drag profits lower this year, echoing concerns voiced by market leader Tesco.
Hyundai Motor reports 31% drop in Q1 operating profit, meets forecasts
Hyundai Motor reported a 31% drop in first-quarter operating profit on Thursday, meeting analysts' estimates, as weaker demand in the Middle East and a recall of its Palisade SUV weighed on earnings.
Nepal’s home minister resigns, second cabinet exit in one month
Sudan Gurung steps down after less than a month in office he won on an anti-corruption platform.
Integrating human rights and environmental sustainability in sports
As part of Earth Day, we’re looking at how mega-sporting events can impact the environment and community in which they’re planned and held.
World Cup last-minute ticket sales phase re-opens 50 days from kick-off
With 50 days remaining until the start of the 2026 World Cup, FIFA's last-minute sales phase re-opens on Wednesday with tickets for all 104 matches available on a first-come, first-served basis.
Health insurer Elevance raises annual profit forecast on medical cost controls
Elevance Health raised its annual profit forecast on Wednesday, as it looks to keep medical costs in check.
Britain's JD Sports says chairman Higginson to step down
British sportswear retailer JD Sports Fashion said on Wednesday its chairman Andrew Higginson will step down from the role in July.
Vodafone offers small businesses cybersecurity, AI capability with Google tie-up
European mobile and broadband operator Vodafone said it would offer its small business customers advanced cybersecurity and agentic AI through its $1 billion strategic tie-up with Google Cloud agreed in October 2024.
US oil prices rise as US-Iran peace talks remain uncertain
U.S. crude futures rose in early trade on Wednesday, despite Washington's announcement that it would indefinitely extend a ceasefire with Iran, as uncertainty over peace talks persisted and the Strait of Hormuz remained effectively closed.
Expert quits US HIV role, rebukes Trump global health approach
The chief science officer for the U.S. flagship HIV/AIDS program left his role this week and criticized the Trump administration's cuts to foreign assistance and what he said was its use of aid as leverage for U.S. commercial interests.
Expert Quits US HIV Role, Rebukes Trump Global Health Approach
By Simon Lewis WASHINGTON, April 21 (Reuters) - The chief science officer for the U.S. flagship HIV/AIDS program left his role this week and criticized the Trump administration's cuts to foreign assistance and what he said was its use of aid as leverage for U.S. commercial interests. Republican ...
Five Things Learned at Fed Nominee Warsh's Senate Hearing
April 21 (Reuters) - In testimony Tuesday at the Senate Banking Committee, Federal Reserve Chair nominee Kevin Warsh never said if he agrees with President Donald Trump's view that the Fed's policy rate is too high and should be cut. No lawmaker asked him that directly. But Warsh's two and a half ...
Mining investors jittery about politics in Peru as vote count drags on, analysts say
Investors in Peru's copper and gold mines are worried about the country's presidential vote count that has been slowed by allegations of irregularities, yet analysts expect the sector to weather the election with limited direct impact.
Microsoft cuts Xbox Game Pass price, to remove 'Call of Duty' day one inclusions
Microsoft has dropped the price of its video game subscription service and the platform will not include future "Call of Duty" game releases on launch day, the company said on Tuesday, in the first major strategy shift under new gaming boss Asha Sharma.
The most effective AI strategies for corporate law departments start with business goals
As corporate law departments adopt AI, a report finds departments must align its use with the priorities that matter most to the business.
South African business confidence hits five‑month low on impact of Iran war
South African business confidence weakened to a five-month low in March, dragged down by a weaker rand currency , a slowdown in trade and share price falls linked to the Iran war, data showed on Tuesday.
J.P. Morgan lifts S&P 500 year-end target to 7,600 on AI-driven earnings
J.P. Morgan on Tuesday raised its year-end target for the S&P 500 index to 7,600, citing AI and tech-driven earnings, just weeks after lowering its forecast, with a ceasefire between the U.S. and Iran aiding sentiment.
South African rand flat as traders eye business confidence index, central bank policy report
The South African rand was flat in early trade on Tuesday as investors tracked geopolitical developments and awaited the release of a domestic business confidence survey and a central bank monetary policy review later in the day.
Exclusive: SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say
SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter.
Apple's new CEO is a product perfectionist taking on the AI age
To understand how Apple's new CEO John Ternus will run the company, pay attention to what he refuses to sell.