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Japan Really Wants to Build Airplanes, $33 Billion Project Shows: Japan’s trade ministry wants to get the country’s aviation ambitions back up in the air.
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Japan Really Wants to Build Airplanes, $33 Billion Project Shows: Japan’s trade ministry wants to get the country’s aviation ambitions back up in the air.
trib.al/Ujgl2ob
What’s Next For Spain After PM Pedro Sanchez Threatened to Quit?
bloomberg.com/news/articles/2024-04-26/what-s-next-for-spain-after-pm-pedro-sanchez-threatened-to-quit
Quick Glance: Spain's PM faces pressure over wife's corruption probe
- A Madrid court confirmed an investigation against Begoña Gómez for alleged influence peddling and corruption.
- Sánchez criticized the complaint as part of a harassment campaign against his wife.
- The probe relates to Gómez's ties to companies that received government funding.
- The opposition pushed for a statement from her regarding the investigation.
UK Energy Bills Could Rise by £29 Billion on High Rates, Green Investments: Persistently high interest rates could add £29 billion ($36 billion) a year to UK ...
bloomberg.com/news/articles/2024-04-21/uk-energy-bills-could-rise-by-29-billion-on-high-interest-rates
Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Singapore Bank Fires Workers Over Misuse of Medical Claims: CNA: Bank of Singapore Ltd., the private-banking arm of Oversea-Chinese Banking Corp. ...
bloomberg.com/news/articles/2024-04-27/singapore-bank-fires-workers-over-misuse-of-medical-claims-cna
Yen (JPY) Short Bets Hit a Record Ahead of BOJ Meeting: Traders upped bearish yen positions to a record high in the days ahead of the Bank of Japan’s policy ...
bloomberg.com/news/articles/2024-04-26/yen-traders-boosted-shorts-to-fresh-record-ahead-of-boj-meeting
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US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
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US Small-Business Rent Delinquencies Rise to a Three-Year High: The delinquency rate for US small businesses climbed to a three-year high this month ...
bloomberg.com/news/articles/2024-04-26/us-small-business-rent-delinquencies-rise-to-a-three-year-high
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Starbucks and US workers' union meet for contract negotiations: Starbucks held contract negotiations with the Workers United union over a two-day session in ...
reuters.com/business/retail-consumer/starbucks-us-workers-union-meet-contract-negotiations-2024-04-26/
Tech Rally Propels Emerging Stocks to Best Week Since July: Emerging-market stocks rose Friday, cementing their biggest weekly advance in nine months ...
bloomberg.com/news/articles/2024-04-26/em-stocks-head-for-best-week-since-july-on-us-tech-spillover
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The Anglosphere has an advantage on immigration: English-speaking countries generally do better at both attracting and integrating talent
ft.com/content/c6bb7307-484c-4076-a0f3-fc2aeb0b6112
UMB Financial in Talks to Acquire Rival Bank Heartland: UMB Financial Corp. is in talks to acquire rival Heartland Financial USA Inc., people with knowledge of ...
bloomberg.com/news/articles/2024-04-26/umb-financial-in-talks-to-acquire-rival-bank-heartland
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US Bitcoin (BTC) ETFs Suffer One of Worst Outflows as Token Wavers: Investors pulled a net $218 million from US Bitcoin exchange-traded funds ...
bloomberg.com/news/articles/2024-04-26/us-bitcoin-btc-etfs-suffer-one-of-worst-outflows-as-token-wavers
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US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Drop in BOJ’s Bond Holdings Gives Market Taste of Quantitative Tightening: Investors in Japanese government bonds have already had a taste of quantitative ...
bloomberg.com/news/articles/2024-04-26/drop-in-boj-s-bond-holdings-gives-market-taste-of-quantitative-tightening
Dovish BOJ Decision Paves Way for Even Weaker Yen, Analysts Say: The Bank of Japan largely left its monetary policy settings unchanged Friday ...
bloomberg.com/news/articles/2024-04-26/dovish-boj-decision-paves-way-for-even-weaker-yen-analysts-say
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Snap Stock Jumps After Sales Projections Beat Estimates on Ads: Snap Inc. gained in extended trading after projecting that revenue in the current quarter will ...
bloomberg.com/news/articles/2024-04-25/snap-projects-sales-that-tops-estimates-on-improved-ad-business
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Walmart’s Rob Walton to Retire From Board: Chipotle CEO Brian Niccol will replace his spot on the board of directors.
barrons.com/articles/walmart-rob-walton-retire-board-26c3cd33
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Bill Gross Says Stick to Value Stocks, Avoid Tech as Treasury Yields Soar: Bill Gross offered some advice to investors as Treasuries and equities slumped ...
bloomberg.com/news/articles/2024-04-25/bill-gross-says-stick-to-value-over-tech-as-us-yields-soar
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US Treasury Yields Rise as Price Pressures Cast Doubt on Fed Rate-Cut Path: Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts ...
bloomberg.com/news/articles/2024-04-25/treasuries-hold-losses-after-seven-year-sale-meets-expectations
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China Overseas Investment Is at Eight-Year High as Firms Build Factories Abroad: China’s overseas investment is heading for an eight-year high as its dominant ...
bloomberg.com/news/articles/2024-04-25/china-firms-are-investing-abroad-at-fastest-pace-in-eight-years
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Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
Pantera Capital Seeks to Raise $1 Billion for a New Crypto Fund: Pantera Capital, one of the largest managers of digital assets, is seeking to raise more than $1 ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-seeks-to-raise-1-billion-for-a-new-crypto-fund
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Smokeless Products Are the Future of Big Tobacco. This Company Is Losing the Race.
on.barrons.com/3y3rpdW
USMC CH-53K Transports F-35C And Refuels From KC-130 En Route: CF-1 will be used in future emergency recovery systems testing by the Prototype ...
theaviationist.com/2024/04/26/usmc-ch-53k-transports-f-35c/
Gold Continues to Boom. The Major Buyer: Central Bankers: Central banks have long been supporting players in the demand for gold. But the sanction on dollar ...
on.barrons.com/3xSUbhu
Traders See Cocoa Rally Top $15,000 on Lingering Supply Shortage: Cocoa prices have been on a tear this year and the rally may have even more room to run as bean ...
bloomberg.com/news/articles/2024-04-25/traders-see-cocoa-rally-top-15-000-on-lingering-supply-shortage
Here's Our First Close Look At A Ukrainian Light Aircraft Turned Long-Range Kamikaze Drone
theaviationist.com/2024/04/26/close-look-at-ukr-kamikaze-drone/
G42 Allies With US Over China in Global AI Conflict: Abu Dhabi-based G42 found it could no longer play for both teams.
bloomberg.com/news/articles/2024-04-25/g42-allies-with-us-over-china-in-global-ai-conflict
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The Dream of Fed Rate Cuts Is Slipping Away: Investors are backing away from expectations that the central bank can reduce rates in coming months ...
wsj.com/economy/central-banking/the-dream-of-fed-rate-cuts-is-slipping-away-55903ca5
Household Debt Hits Record High As Indians Splurge, Study Shows: India’s household debt likely surged to a record in the final three months of last year ...
bloomberg.com/news/articles/2024-04-25/household-debt-hits-record-high-as-indians-splurge-study-shows
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XQ-67 Confirmed To Be A Prototype For General Atomics' Collaborative Combat Aircraft Design
twz.com/air/xq-67-confirmed-to-be-a-prototype-for-general-atomics-collaborative-combat-aircraft-design
UPDATE | Southwest Airlines to reduce Atlanta flights as part of national cuts: Southwest Airlines plans capacity cuts in Atlanta.
ajc.com/news/atlanta-airport-blog/southwest-airlines-plans-to-reduce-flying-at-hartsfield-jackson/YDXXEYJDUJFPFJMEJRBOHFHCBM/
Quick Glance: Is Southwest Ending Free Seating?
- Southwest Airlines is seriously considering seating allocation and passenger boarding to enhance its financial performance.
- Unlike most other airlines, Southwest does not have a premium section with higher fares.
- The airline is closely examining customer preferences regarding seating and boarding processes.
- Experts believe that Southwest could potentially earn a significant amount of money by introducing assigned seating.
Belgium to accelerate efforts to deliver F-16 jets to Ukraine in 2024: The Belgian government has decided to accelerate the supply of its own F-16 fighter jets ...
pravda.com.ua/eng/news/2024/04/26/7453186/
First Six Dassault Rafale Fighter Jets Delivered To Croatia: The six Rafale multirole combat aircraft were welcomed at the Zagreb operational base by the ...
theaviationist.com/2024/04/26/first-rafale-fighters-delivered-to-croatia/
A Delta Air Lines flight makes an emergency return following concerns with plane wing
npr.org/2024/04/26/1247454971/delta-airlines-boeing-plane-emergency-jfk
Air Force Picks Anduril And General Atomics To Build And Test Collaborative Combat Aircraft
theaviationist.com/2024/04/25/usaf-selects-anduril-and-ga-for-cca/
UAE: Flying cars to be manufactured in Abu Dhabi, creating thousands of jobs - News | Khaleej Times
khaleejtimes.com/business/aviation/uae-flying-cars-to-be-manufactured-in-abu-dhabi-creating-thousands-of-jobs
Quick Glance: UAE: Manufacturing Flying Cars in Abu Dhabi, Creating Thousands of Jobs
- Archer Aviation from the US receives multi-hundred-million dollar investments from Abu Dhabi to manufacture air taxis in the UAE and establish its international headquarters in the Emirates.
- The investments are also aimed at constructing vertiports in critical locations throughout Abu Dhabi and accelerating Archer’s launch of commercial air taxi operations in the UAE next year.
- Archer will manufacture its 'Midnight' aircraft in Abu Dhabi, creating thousands of jobs in manufacturing, maintenance, repair, and staff around the vertiport.
- Key components of Archer’s collaboration with ADIO include vertiport construction, operational enablement for air taxi operations in the UAE, and in-country manufacturing of Archer’s 'Midnight' aircraft.
Ukrainian Fighter Jets “Using iPads” To Control Western Weapons: The Pentagon's top weapons buyer talked about Ukraine’s success in using tablets to ...
twz.com/air/ukrainian-fighter-jets-using-ipads-to-control-western-weapons
Bolingbroke discovered in Canada: In early March, the Royal Canadian Air Force (RCAF) announced that the remains of a Bristol Bolingbroke had been discovered in ...
key.aero/article/bolingbroke-discovered-canada-0
Freefalling 90-year-old raises money for CT scanners: John Landau says he was rather "blasé" about the jump, having completed more than 100 in his life.
bbc.com/news/articles/cl40vl45nn2o
UAE And China Eye Military Cooperation With J-20 (Literally) In The Background: The two countries are actively discussing the possibility of increasing their ...
theaviationist.com/2024/04/25/uae-and-china-cooperation/
Southwest Airlines to end service at four airports, fire 2,000 employees: American Airlines and Southwest Airlines both lost money in the first quarter ...
nypost.com/2024/04/25/business/southwest-airlines-to-end-service-at-four-airports-fire-2000-employees/
Here's Who's Winning the Global Fight for AI Talent: Inside the competition for top-tier researchers.
bloomberg.com/news/articles/2024-04-25/here-s-who-s-winning-the-global-fight-for-ai-talent
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Revival in Japanese Stock Market Hinges on Domestic Demand Taking Hold: Japan’s stock market needs to see more domestically-oriented companies step up their game ...
bloomberg.com/news/articles/2024-04-25/revival-in-japanese-stock-market-hinges-on-domestic-demand-taking-hold
US TikTok Divest-or-Ban Bill Raises Questions of How China Will Respond: Now that President Joe Biden has signed off on a law that could expel TikTok from the US ...
bloomberg.com/news/articles/2024-04-24/tiktok-ultimatum-puts-us-firms-in-firing-line-for-china-response
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
bloomberg.com/news/articles/2024-04-24/stock-market-today-dow-s-p-live-updates
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Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
Jefferies CEO Just Sold $65 Million of Company Stock. He’s Buying a Yacht.: Jefferies CEO Rich Handler said the boat will be a “gift to myself and my family” and ...
barrons.com/articles/jefferies-ceo-stock-yacht-0bbe9020
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US Births Fell Last Year to Lowest Total Since 1979, Report Says: US births declined in 2023 to their lowest level in more than 40 years, continuing a two-decade ...
bloomberg.com/news/articles/2024-04-25/us-births-fell-last-year-to-lowest-total-since-1979-report-says
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Good News for Biden on Growth, Bad News on Inflation Fight: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-24/good-news-for-biden-on-growth-bad-news-on-inflation-fight
US Stock Market Uncertainty Has Traders Buying Put Options to Hedge Portfolios: Stock market investors who have been reluctant to hedge their portfolios in the ...
bloomberg.com/news/articles/2024-04-24/reluctant-traders-protect-themselves-from-further-market-mayhem
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Boeing reports $355m losses amid furore over safety fears: It is the seventh consecutive quarterly loss for the embattled aerospace giant
independent.co.uk/travel/news-and-advice/boeing-losses-safety-fears-report-b2534131.html
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Merck to Report Earnings One Month After Major Drug Approval. What Investors Are Watching.
on.barrons.com/3xRK64u
GE Stock Rises Above 2008 Levels. Wall Street Is Staying Bullish.
barrons.com/articles/ge-stock-wall-street-bullish-ae94bab6
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Investors Balk at Private Equity Firms Borrowing Against Their Funds’ Assets: Private equity firms are attempting to get blanket permission to borrow against ...
bloomberg.com/news/articles/2024-04-24/investors-balk-at-pe-firms-borrowing-against-their-funds-assets
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JPMorgan CEO Dimon says US economy is booming: JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust U.S. economy backed by strong ...
reuters.com/markets/us/jpmorgan-ceo-dimon-says-us-economy-is-booming-2024-04-23/
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
65 Years Ago Today: The Man Who Flew A B-47 Under The Mighty Mackinaw Bridge: Bomber Bridge Buzz Tops Maverick’s Tower Blast By A Bunch- But Is It Baloney? ...
theaviationist.com/2024/04/24/b-47-under-the-bridge/
US Oil Refiners’ Profits Seen Taking Hit on Gloomy Outlook (MPC, PSX, VLO): US oil refiners that have been among this year’s strongest S&P 500 performers are ...
bloomberg.com/news/articles/2024-04-24/oil-refining-profits-seen-at-two-year-lows-on-gloomy-outlook
Cocoa Price Swings Are the Craziest Since the 1970s: Cocoa resumed gains in New York, with prices the most volatile in almost five decades amid uncertainty over ...
bloomberg.com/news/articles/2024-04-24/cocoa-price-swings-are-the-craziest-since-the-1970s
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Gold’s Record-Setting Rally May Have Its Roots in Chinese Frenzy: Gold’s record-setting rally this year has puzzled market watchers as bullion has roared higher ...
bloomberg.com/news/articles/2024-04-23/gold-s-record-setting-rally-may-have-its-roots-in-chinese-frenzy
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China’s Prices Are Just Too Low for Buyers to Sweat About Tariffs: China can withstand any new tariffs the world throws at it – even the punitive ones Donald ...
bloomberg.com/news/articles/2024-04-23/china-s-prices-are-just-too-low-for-buyers-to-sweat-about-tariffs
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Handelsbanken Earnings Miss as Growing Costs Draw More Focus: Svenska Handelsbanken AB reported first-quarter earnings that missed analyst estimates and signaled ...
bloomberg.com/news/articles/2024-04-24/handelsbanken-earnings-miss-as-growing-costs-draw-more-focus
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Wall Street Banks Face CFTC Probe of NDAs in Swaps, Clearing Businesses: A top financial regulator is asking large Wall Street banks for non-disclosure ...
bloomberg.com/news/articles/2024-04-23/nda-probes-are-expanding-to-large-banks-swaps-clearing-businesses
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FTC votes to ban noncompete agreements for most workers: U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule ...
apnews.com/article/jobs-employers-noncompete-agreements-economy-pay-4d7b3eb8e143cfd52025c7f2f5259fc4
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Pilot reported fire on fuel-laden plane and tried to return to airport before deadly Alaska crash
ctvnews.ca/world/pilot-reported-fire-on-fuel-laden-plane-and-tried-to-return-to-airport-before-deadly-alaska-crash-1.6860420
Michael O’Leary says he’d ‘happily’ offer UK deportation flights to Rwanda: The Ryanair boss said he would ‘quote for the business’ from the UK government if it ...
businesspost.ie/article/michael-oleary-says-hed-happily-offer-uk-deportation-flights-to-rwanda/
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Ex-Jane Street Trader Pillories Claims He Stole Trade Secrets: A former Jane Street Group trader who moved to Millennium Management ridiculed his former ...
bloomberg.com/news/articles/2024-04-24/ex-jane-street-trader-pillories-claims-he-stole-trade-secrets
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Ukrainian pilots undergo six-month basic training in France before advancing to F-16 - Euromaidan Press
euromaidanpress.com/2024/04/25/ukrainian-pilots-undergo-six-month-basic-training-in-france-before-advancing-to-f-16/
Eglin AFB Pilot Likely Saw A Lighting Balloon, Not A UFO Pentagon Concludes: The high-profile incident over the Gulf of Mexico included a strange craft with an ...
twz.com/air/eglin-afb-pilot-likely-saw-a-lighting-balloon-not-a-ufo-pentagon-concludes
Bitcoin Rises. Why Tesla and Meta Earnings Could Help—or Hurt—Cryptos.: Bitcoin correlation to the stock market and wider risk sentiment puts Big Tech earnings ...
on.barrons.com/49Wz4Ih
UK announces $620 million in new military aid for Ukraine and plan to up own defense spending
apnews.com/article/poland-uk-nato-ukraine-sunak-military-aid-be9fa8b106eda83c2da140e0f2774fcb
Quick Glance: UK Boosts Defense Spending, Provides $620 Million Military Aid to Ukraine
- British Prime Minister Rishi Sunak announced an increase in defense spending to 2.5% of GDP by the end of the decade, along with a pledge to provide Ukraine with new military aid totaling $620 million, including weapons, armored vehicles, and ammunition.
- Sunak described the heightened spending as the most significant strengthening of national defense in a generation, emphasizing the need to remain vigilant in the face of current geopolitical threats.
- The UK commits to an additional £75 billion in defense spending over the next six years, aiming to raise defense expenditure to 2.5% of GDP, reaffirming a target set by Boris Johnson in 2022.
- The announcement followed similar moves by the US, approving $61 billion in aid for Ukraine, signaling an escalated international response to Russia's aggression in Ukraine.
New US Presidential Chopper Is Too Hot to Handle: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today ...
bloomberg.com/news/newsletters/2024-04-23/new-us-presidential-chopper-is-too-hot-to-handle
Kenya ranked fourth wealthiest country in Africa: Kenya has been ranked among the big five wealthy markets in Africa having millionaires and billionaires
standardmedia.co.ke/national/article/2001493784/kenya-ranked-fourth-wealthiest-country-in-africa
Quick Glance: Kenya Among Top 5 Wealthiest Countries in Africa
- Kenya is recognized as one of the prosperous markets in Africa with a significant number of millionaires and billionaires.
- As per the 2024 Africa Wealth Report released by an international wealth advisory firm, Kenya holds the fourth position in terms of wealth ownership.
- Following South Africa, Egypt, and Nigeria ranking at positions one to three, Kenya comes.
- The data in the report indicates that Kenya has a substantial population of affluent individuals, totaling 7,200 millionaires.
Gold (XAUUSD) Falls Again After Biggest Daily Slump in Almost Two Years: Gold extended losses after its biggest daily decline in almost two years ...
bloomberg.com/news/articles/2024-04-23/gold-xauusd-falls-again-after-biggest-daily-slump-in-almost-two-years
Emerging Markets Extend Bounce to Second Day After US PMI Miss: Emerging-market stocks rose for a second session amid signs of easing tensions in the Middle East ...
bloomberg.com/news/articles/2024-04-23/emerging-market-stocks-sustain-recovery-as-mideast-concerns-ease
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