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What LIV Golf’s Demise Means for Saudi Influence13:55 The upstart golf circuit couldn’t conquer the sport, despite big spending by Saudi Arabia. Its end signals limits to how much the country will spend. What the U.S. Blockade Means for Iran’s Economy12:19 Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch. European Airlines Face Fuel Shortages Within Weeks11:15 If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights. Carbon Removal Industry Reels as Microsoft Retreats11:14 Once held up as a key solution to climate change, a field that aims to remove carbon from the atmosphere is struggling to catch on. Help for Medicare Advantage Patients Who Lose Doctors Is Shelved, for Now11:14 Nationwide, hospital and providers are leaving private Medicare Advantage plans, putting thousands of seniors at risk of higher costs and the loss of trusted doctors. Stocks Extend Rally and Oil Prices Stabilize as Investor Optimism Grows10:43 Oil prices stabilized and stocks rose on optimism that diplomatic talks could yield a permanent peace deal. China’s Economy Leans on Infrastructure as Consumers Pull Back4:47 A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects. Sneaker Company Allbirds Plans to Pivot to A.I. Yes, A.I.2:39 After selling its business for $39 million last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI. 5 Takeaways From the Live Nation Antitrust Trial2:04 A jury found that the concert giant operated as a monopoly, a verdict that could have major reverberations in the music industry. U.K.’s Starmer Summons U.S. Social Media Companies Over Child Safety Online0:11 The British prime minister will meet with executives from Meta, Google and other companies on Thursday as his government explores how to protect children from online harms. Ford Says Doug Field, Who Led Company's E.V. Push, is Leaving22:55 Doug Field, a former Tesla and Apple executive, had returned to Ford Motor in 2021 to help develop new electric models and software. Stocks Hit Record High as Wall St. Looks Beyond War22:18 Investors appear to be treating an end to the U.S.-Israeli war with Iran as a foregone conclusion, as the S&P 500 closes above 7,000. Jury Finds Live Nation Acts as a Monopoly in a Victory for States21:03 The music industry colossus that includes Ticketmaster was found to have violated antitrust laws by using its dominance in the industry to stifle competition. Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles21:03 Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that. Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I.19:04 The company, which owns the social media app Snapchat, said it was laying off about 1,000 employees as it increases its reliance on artificial intelligence. |
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