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GLP-1 Users Are Taking a Bite Out of the Restaurant Business
Restaurants are pushing protein and smaller portions to keep attracting those eating less.
Ford Stock Surges on Support for Energy Storage Business
Ford Motor’s stock soared Wednesday as Wall Street cheered the automaker’s increased focus on using batteries once meant for electric vehicles as stationary energy storage systems. Shares were up 14% in afternoon trading, putting the stock on pace for its biggest one-day gain since March 2020. Morg
Vance to States: Address Fraud or Lose Federal Medicaid Funding
The Trump administration is set to launch audits of state watchdogs responsible for ferreting out wrongdoing.
Health Care Roundup: Market Talk
Find insight on Merck KGaA, IHH Healthcare and more in the latest Market Talks covering the health care sector.
RFK Jr. Keeps Losing Top Officials as FDA Head Resigns
Plus, Trump’s late-night posts on Truth Social, and what he and China’s Xi Jinping want from their high-stakes Beijing summit.
Tencent Maintains Double-Digit Profit Growth Amid Intensified AI Investment
Tencent Holdings extended its streak of double-digit profit growth in the first quarter.
Nvidia Is Spending Big On its Supply Chain | AI & Business for May 12
Plus, OpenAI’s employee payouts and tech’s growing unemployment
Health Care Roundup: Market Talk
Find insight on the deal between Hengrui Pharmaceuticals and Bristol Myers Squibb and more in the latest Market Talks covering the health care sector.
Here’s How Washington Could Suspend the Federal Gasoline Tax | WSJ Politics Newsletter for May 12
Plus, Justice Department targets media organizations over leaks, and stalemate emerges in the Middle East as the cease-fire enters its second month
U.S. Small-Business Confidence Ticks Up
Confidence inched higher in April, though it continues to be hampered by rising cost pressures.
Louisiana Republican Julia Letlow Is Trump’s Big Midterms Gamble
She is locked in a bitter primary that is testing the president’s power to shape MAGA’s next generation.
Imperial Brands Revenue Rises, Fueled By Next-Generation Products
The manufacturer—which houses Davidoff, Gauloises and JPS among its brands—saw revenue growth from in its next-generation products such as vapes.
Vodafone Swings to Pretax Profit on Revenue Growth
Revenue was driven by strong service revenue growth and the consolidation of Three UK, which was partially offset by foreign-exchange movements.
Sam Altman’s Business Dealings Under GOP Scrutiny Ahead of OpenAI’s IPO
The Republican-led House Oversight Committee says it is investigating, and six GOP state attorneys general are calling for SEC review after a WSJ article.
BMO Financial Group to Sell Transportation-, Vendor-Finance Businesses to Stonepeak
The proposed sale includes a combined loan and lease portfolio in the U.S. and Canada that totals about $10.6 billion as of the end of March.
Trump’s Complaints About Iran War Leaks Prompt Aggressive DOJ Investigations
The Wall Street Journal has received subpoenas for records of reporters.
Hims & Hers Health Swings to First-Quarter Loss as Expenses Rise
The telehealth platform posted a quarterly loss of $92.1 million, offsetting a 4% increase in revenue.
Webtoon Entertainment Gives Dim Second-Quarter Sales View
The digital comics platform’s shares fell in after hours trading after it said it expects revenue to rise 1.7% to 4.6% on a constant currency basis for the current quarter.
Onramp Business Loans Review 2026
Onramp offers short-term revenue-based financing and credit lines for e-commerce businesses, but its terms aren’t transparent.
Seattle Turns Hostile to the Great Businesses It Made
Starbucks is moving jobs from Washington state to Tennessee, and it isn’t alone in looking elsewhere.
Who’s Traveling to China With Trump in the U.S. Business Delegation?
More than a dozen top U.S. business leaders will travel to China for President Trump’s visit this week with Chinese President Xi Jinping, representing various American industries from finance to manufacturing. Elon Musk, the CEO of both Tesla and SpaceX, is expected to join the delegation, a White
Elon Musk Set to Join U.S. Business Delegation for Trump's China Visit
Tesla CEO Elon Musk will be part of a U.S. business delegation for President Trump's upcoming visit to China, according to people familiar with the matter. Musk, who also runs SpaceX, is expected to be among at least a half dozen CEOs and business leaders traveling to China to represent American bu
Trump Clears Way for More Beef Imports, Aiming to Bring Down Record-High Prices
The administration is suspending tariff-rate quotas on all beef-exporting nations; beef prices have climbed steadily since Trump took office.
A Decade After Brexit, British Politics Is Coming Apart
The rise of populism and increasingly radical leftism could be a foretaste of the American political future.
What Happens When a Sports Columnist Is Very, Very Wrong?
Usually, nothing. Our honorable scribe faces the music about a boneheaded Sixers prediction.
Health Care Roundup: Market Talk
Find insight on CSL, Medeze Group, the Andes hantavirus outbreak and more in the latest Market Talks covering Health Care.
Apollo Strikes Deals for Two Live-Events Businesses
The investment firm is set to buy Emerald Holding and Questex with plans to combine them.
FDA Policies: Rigorous Science or Roadblocks?
Readers debate how the Food and Drug Administration should handle treatments for rare diseases.
Lessons From America’s Oldest Distillery
The Laird family has owned its distillery operation almost continuously for over three centuries. Its longevity offers valuable lessons.
Barnes & Noble CEO James Daunt’s Leaner, Meaner Strategy for Success
He is unsentimental about books as he wrings out expenses ahead of a potential IPO.
In Bid to Flip Senate, Democrats Push Deep Into Trump Territory
In Ohio, former Sen. Sherrod Brown leans on an economic message in his comeback bid.
Walking Slower? Why Your Ears, Not Your Knees, Might Be the Problem
Apple’s hearing study used real-world data from more than 57,000 iPhone users to make an important health connection.
Walking Slower? Why Your Ears, Not Your Knees, Might Be the Problem
Apple’s hearing study used real-world data from more than 57,000 iPhone users to make an important health connection.
Companies Are Getting Tariff Refunds. Here’s What They Plan to Do With the Money.
Invest in the business? Pay down debts? Refunds to customers? Businesses are weighing their options.
Opinion | A Double Standard In Connecticut Politics
In a guest column for the New Haven Independent, Matt Smith says there is ageism and sexism in play from young men who are trying to unseat state Rep. Pat Dillon — thinly masked by dog whistles like “young” and “new energy,” which appear to be the sole foundations of their campaigns.
The Politics of Estrangement
It’s sad to see family members and friends cut each other off over political disagreements.
Hollywood’s Hottest Business Is Once-Niche Anime
Sony’s Crunchyroll has increased its subscriber base nearly 25% in the past year, as young audiences seek entertainment that stands apart from the typical fare.
Hantavirus Scramble Tests Trump’s Overhauled CDC
Plus, Anthropic’s Mythos has thrown the White House AI strategy into chaos.
New York Is Working on a Blueprint for Greener Buildings
The city is investigating just how much carbon it takes to build its famous skyline, from the concrete foundations all the way up to the glass that frames skyscrapers.
How Fast Is the Universe Expanding? These Cosmologists Finally Figured It Out
The most precise measurement of the expansion rate ever made suggests an unknown force may be affecting the universe.
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.
UniCredit Strikes Deal to Sell Part of Russia Business to U.A.E. Investor
The lender, which didn’t name the buyer, said the deal will help refocus its operations in Russia mainly on international payments.
The ChatGPT-ification of American Business
Companies like Starbucks and Lowe’s are hoping to get closer to customers with new apps that integrate into OpenAI’s ChatGPT interface.
How One California Shop Is Succeeding in the Tricky Marijuana Dispensary Business
Despite heavy taxes and a lack of traditional banking, this dispensary succeeds with a ‘grocery store’ layout and low-key customer service.
Rubio Grabs the Mic. The Message. And the Moment | WSJ Politics Newsletter for May 6
Plus, Indiana and Ohio TKTKTKT, and President Trump accuses Pope Leo of endangering Catholics.
CVS’s Results Add to Positive Momentum for Health-Insurance Industry
The company attributed much of the improvement to a turnaround at its insurance unit, Aetna.
Canada Antitrust Watchdog Seeks to Block Keyera Deal for Plains’ Canada Gas Business
The Competition Bureau said the planned $3.7 billion transaction would reduce competition at a crucial natural-gas liquids-processing hub in Fort Saskatchewan, Alberta.
AMD Profit, Revenue Jump on Growth of Data Center Business
The chip maker’s data center segment sales surged 57% year-over-year, driven by strong demand for its EPYC processors and the ramp-up of its Instinct GPU shipments.
U.K. 30-Year Gilt Yields Hit 28-Year High Amid Political Concerns
Borrowing costs on U.K. 30-year government bonds surged ahead of local elections on Thursday due to concerns about a potential political crisis in the U.K.
Trump Pressures FDA Commissioner to Approve Flavored Vapes
President Trump upbraided Food and Drug Administration Commissioner Marty Makary for not moving quickly enough to approve flavored vapes and nicotine products.
The Cost of AI Is Going Up | AI & Business for May 5
Plus, AI’s drug-discovery challenge, the capital-spending craze and Meta’s borrowing
Climate Science and the Crisis of Credibility
The distinction between science and consensus matters.
CK Hutchison Exits Vodafone Joint Venture for $5.8 Billion
Vodafone Group will take full ownership of its joint venture with CK Hutchison after the Hong Kong conglomerate agreed to sell its stake in one of the U.K.’s largest mobile operators for more than US$5 billion.
Berkshire Picks Gen Re Chairman as Insurance Star Ajit Jain’s Successor
Charlie Shamieh, an insurance-industry veteran, is slated to succeed Jain whenever he is ready to retire.
IAC Revenue Slides as People’s Print Business Weighs on Results, 2026 Outlook Cut
The New York City-based media holding company said revenue from People, which makes up the bulk of the company’s top line, fell 2%.
Atlanta actor Rob Lathan embraces unlikely comeback on ‘Jury Duty’
Atlanta actor Rob Lathan, long out of the spotlight, lands a surreal role on Amazon’s hit comedy “Jury Duty” after years working a 9-to-5 job.
American Express Global Business Travel Enters $6.3 Billion Take-Private Deal
American Express Global Business Travel is being taken private in an all-cash acquisition by Long Lake Management for $9.50 a share, valuing the company at about $6.3 billion.
With Scandals and Court Ruling, Democrats Have Big Problems Too | WSJ Politics Newsletter for May 4
Plus, the Secret Service director is facing some heat, and the U.S. plans to guide commercial ships out of the Strait of Hormuz
Thyssenkrupp, India’s Jindal Pause Talks for Steel Stake Deal
The decision is the latest instance of Thyssenkrupp hitting pause on its attempts to exit steelmaking after more than two centuries in the business.
Anthropic Nears $1.5 Billion Joint Venture With Wall Street Firms
Anthropic, Blackstone and Hellman & Friedman each expected to invest around $300 million; Goldman Sachs also an investor.
An Aluminum Crisis Is Roiling the Auto Industry
America’s top-selling vehicle, the Ford F-150, bears the brunt of metal-supply-chain woes.
The Antiabortion Movement Is Turning on Trump
The ubiquity of abortion pills during the second Trump administration has frustrated antiabortion advocates.
GameStop Is Offering to Buy eBay For $56 Billion, CEO Ryan Cohen Says
Cohen said GameStop has built a roughly 5% stake in eBay and was offering $125 a share in cash and stock, a roughly 20% premium to its closing price on Friday.
Inside Democratic Fundraiser ActBlue’s Big Spending and Internal Drama
The group faces investigations from the Justice Department and congressional Republicans six months before the 2026 midterms.
Why eBay, in Its Latest Incarnation, Is a Takeover Target for GameStop
A focus on collectibles could make the online marketplace a match for the videogame retailer.
Berkshire Profits More Than Double on Gains in Insurance, Railroad, Energy Businesses
The conglomerate reported results just ahead of its annual shareholder meeting, where new CEO Greg Abel will take the stage in Warren Buffett’s place.
Ruby Red Iowa Backed Trump by 13 Points in 2024. Now It’s a Battleground.
Iowa has trended red for a decade, but Democrats are showing signs of life, and that could help their party reclaim Congress and maybe even a governorship.
GameStop Preparing Offer for eBay
GameStop is preparing to make an offer for eBay, according to people familiar with the matter, part of CEO Ryan Cohen’s plan to turn GameStop into a $100 billion-plus juggernaut.
ChatGPT Became So Obsessed With Goblins That OpenAI Had to Intervene
The company says attempts to make a ‘nerdy’ personality for the bot led to odd word choices.
Spirit Airlines Prepares to Shut Down as Rescue Deal Falls Apart
A $500 million government bailout faltered as the discount carrier ran low on cash and bondholders balked.
Cboe is Slashing 20% of its Staff in Bid to Focus on Core Businesses
The derivatives exchange will also tighten its work-from-home policies and offer voluntary-retirement packages to older employees.
U.S. Debt Smashes Through Unthinkable Milestone. Can It Be Stopped? | WSJ Politics Newsletter for May 1
Plus, Trump is poised to defy Congress over authorization for the Iran war
Companies Are Talking More About Renewables, But Policy Headwinds Still Bite
As interest in non-fossil fuel sources has surged amid the energy crisis, some businesses are being more vocal in their support for green power
DOJ Launches New West Coast Health-Fraud Strike Force
As part of a push to combat Medicare and Medicaid fraud, the department will field more prosecutors to fight an increase in fraud in Western states.
Sports Streamer DAZN Makes $100 Million Bet on Technology Company ViewLift
DAZN hopes the deal will build on its presence in the U.S. sports market.
Octopus Energy Is Getting Into the Carbon Credit Business
British renewable-power utility said it is seeing growth in companies looking to find ways to offset rising emissions.
Unilever Sales Rise Amid Portfolio Overhaul
Underlying sales rose 3.8%, as the consumer-goods company carries out its largest portfolio shuffle yet.
Schneider Electric Revenue Rises, Supported by All Business Models
The French group’s revenue rose 11% on an organic basis and it backed its 2026 outlook.
PayPal to Reorganize Into Three Business Units in Streamlining Effort
The company said its model will include three segments: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto.
Google Reports 81% Jump in Profits, Beating Wall Street Expectations
The tech giant’s revenue rises 22% in the first quarter.
Politics’ Third Law: Equal and Opposite Gerrymandering
On a national scale, parties’ skeevy redistricting largely cancels out. Voters are the casualty.
Will Doctors Follow the Science on Gender-Confused Kids?
The recent Finnish study is a scientific tour-de-force.
The Emergence of the High-IQ Political Attacker
In a shift from the past, more accused violent assailants have striking academic records. “We’re seeing a new breed of individual.”
The King and Trump, and Why It Matters | WSJ Politics Newsletter for April 29
Plus, the Department of Justice charges James Comey for a second time and the Trump family crypto firm linked with business that had ties to a scamming ring.
Jeff Bezos and Tim Cook Among Guests at State Dinner Honoring King Charles III and Queen Camilla
Business leaders, Supreme Court justices, cabinet secretaries and Trump family members attended the white-tie festivities at the White House.
Is Anything a Political Scandal Anymore?
Students discuss how the threshold for public disgrace has changed.
Caesars Entertainment Posts Narrower Loss as Revenue Rises
The hotel and casino company’s sales in its Las Vegas business remained steady at $1 billion, while revenue increased across its regional and digital channels.
Former Health Official Charged With Concealing Emails About Covid-19 Grants
David Morens, who was a senior adviser at the National Institute of Allergy and Infectious Diseases, is accused of evading document requests.
China’s Ban on Meta-Manus Deal Shows Strains in U.S.-China Business Ties
China’s move to force Meta to unwind its acquisition of the AI startup demonstrates Beijing’s willingness to use economic weapons to safeguard key interests.
Melania and Donald Trump vs. Jimmy Kimmel | WSJ Politics Newsletter for April 28
Plus, the correspondents’ dinner shooting puts Trump’s White House ballroom in the spotlight, and King Charles’s big day in Washington.
Air Liquide Revenue Rises on Gas, Services Business Strength
First-quarter revenue at the industrial-gases company rose 1.9% on a comparable basis to €6.79 billion.
Best Restaurant Business Loans in April 2026
Restaurant business loans can help you smooth cash flow or finance essential expenses. Learn how to compare options to find the ideal financing solution.
Nucor Logs Profit Rises, Boosted by Steel Mills Business
The steel manufacturer higher profit across its three main business segments compared with the fourth quarter, with particularly strong growth in its steel mills segment, which benefited from higher average selling prices and volumes across all product groups, the company said.
Businesses Working With Iranian Airlines Risk Sanctions, Warns U.S. Treasury Secretary
Treasury Secretary Scott Bessent warned that the U.S. will place sanctions on anyone conducting business with sanctioned Iranian airlines as commercial flights resume from Tehran. “Doing business with sanctioned Iranian airlines risks exposure to U.S. sanctions. Foreign governments should take all
Thermo Fisher to Sell Microbiology Business to Astorg
Thermo Fisher Scientific has struck a deal to sell its microbiology business to European private-equity firm Astorg for about $1.075 billion.