English

wsj.com

Today News

17

The Father of Nutrition Labels Doesn't Count Calories and Loves Ice Cream

www.wsj.com

Peter Barton Hutt has left his mark on hundreds of millions of food products in the decades since he introduced labeling rules to America.

The FCC Is Set to Restore Net Neutrality. What It Means for the Internet

www.wsj.com

The federal agency will start regulating internet service like a public utility, bringing back rules that ban “fast lanes” for certain websites

Benny Blanco Is the Perfect Boyfriend. He Even Cooks.

www.wsj.com

The Grammy-nominated music producer, Selena Gomez’s boyfriend and cookbook author wants to see your O-face when you take a bite of one of his recipes.

16

What's Driving the Bond Selloff?

www.wsj.com

The yield on 10-year Treasurys jumped above 4.7% after the data. While growth was disappointing, the read on inflation complicates the picture.

Harvey Weinstein Sex-Crimes Conviction Thrown Out by New York High Court

www.wsj.com

The court ruled the disgraced film producer didn’t receive a fair trial, ordering new proceedings in landmark #MeToo case.

Stocks Open Lower After GDP, Inflation Data

www.wsj.com

Stocks fell sharply after data showed the U.S. economy slowed in the first quarter. Nasdaq posted the biggest losses as Meta dragged down the wider tech sector.

U.S. Economic Growth Slows to 1.6%, Inflation Stays Firm

www.wsj.com

GDP growth slowed in the first part of the year, falling short of economists’ expectations.

Energy Department Gets Power Over Big Grid Projects

www.wsj.com

In a bid to fast track grid-infrastructure construction, the department is set to become the lead federal agency coordinating environmental approval of major transmission projects, providing a one-stop shop as utilities race to meet rising…

Hermes Posts Sales Growth Across All Markets

www.wsj.com

Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.

U.S. Natural Gas Futures Lower on Storage Concerns

www.wsj.com

U.S. natural gas futures continued their selloff overnight, pushing the May contract to a new low ahead of the EIA’s weekly storage report.

Russian Missile Incursions Into NATO Risk Wider War, Poland's President Says

www.wsj.com

Andrzej Duda called the flyovers in Polish airspace provocations that put infrastructure and people in danger.

How Australia Struggled to Get Elon Musk's X to Remove Video of a Terrorist Attack

www.wsj.com

Musk argues that agreeing to hide footage of the stabbing of a bishop from users worldwide would risk allowing any country to control the entire internet.

15

Persistently High Commodity Prices Could Delay Rate Cuts

www.wsj.com

Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.

Dow Falls More Than 600 Points

www.wsj.com

Follow along for reactions across financial markets.

Mitch McConnell Wants Military Buildup After Big Win on Ukraine Aid

www.wsj.com

The Senate minority leader is pushing to boost military spending to confront China, Iran, Russia as he prepares to leave his post.

Energy & Utilities Roundup: Market Talk

www.wsj.com

Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.

Southwest to Exit Four Airports as Boeing's Problems Ripple Through Industry

www.wsj.com

Its adjusted quarterly loss was worse than expected despite record operating revenue fueled by strong travel demand.

Peacock Adds 3 Million Paid Subscribers as Comcast Posts Revenue Bump

www.wsj.com

The airing of an NFL Wild Card playoff game aided subscriber growth last quarter, and net profit increased 0.6% to nearly $3.9 billion. Both beat expectations.

Tech, Media & Telecom Roundup: Market Talk

www.wsj.com

AT&T, Rogers Communications and more in the latest Market Talks covering Technology, Media and Telecom.

Auto & Transport Roundup: Market Talk

www.wsj.com

Jet2, Volvo Car and more in the latest Market Talks covering the Auto and Transport sector.

Basic Materials Roundup: Market Talk

www.wsj.com

Air Liquide, Hochschild Mining and more in the latest Market Talks covering Basic Materials.

Investors Cheer Sales Growth at Ben & Jerry's Owner Unilever

www.wsj.com

Unilever sold more products at higher prices last quarter, a shot in the arm for Chief Executive Hein Schumacher who has been under pressure to deliver stronger growth.

14

Financial Services Roundup: Market Talk

www.wsj.com

Deutsche Boerse, Societe Generale and more in the latest Market Talks covering Financial Services.

American Airlines Gives Upbeat Guidance

www.wsj.com

The carrier’s shares climbed more than 4% premarket as it swung to a loss in the first three months of the year but provided a positive second-quarter forecast. The airline reduced its total debt by nearly $950 million.

Mining Giants Weigh $39 Billion Megadeal

www.wsj.com

Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.

Arrests at Universities Pile Up as Pro-Palestinian Protests Spread

www.wsj.com

The protests that began at Columbia University have spread to other states from Texas to California, where students have set up encampments on campuses.

The Soaring Dollar Has Put Yen Traders On High Alert

www.wsj.com

The yen weakened to nearly 156 per dollar, hitting its lowest level in almost 34 years and putting traders on alert for possible intervention.

JPMorgan CEO Jamie Dimon Gives a Soft Landing Long Odds

www.wsj.com

Jamie Dimon says the U.S. consumer is in good shape right now, but a huge fiscal deficit and geopolitical challenges make him cautious about the future. He sits down with our editor in chief.