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The Latest Breaking News from Wall Street Journal

News Corp cuts driven by Murdoch’s mission to prop up news assets

Weeks after Fox merger scrapped, investors say market value languishing because of underperforming businesses in portfolio

The Guardian - UK

"On The Need For Diverse Viewpoints In Biglaw," by David Lat

An excerpt from David Lat's Original Jurisdiction newsletter (and also earlier published by him in the Boston Globe), though the whole thing is much worth reading: On the morning of June 23, the U.S. Supreme Court issued a landmark opinion in New York State Rifle & Pistol Association v. Bruen,…

Reason

Stocks Firmly Higher, Disney, PepsiCo, Mattel, Twitter - Five Things To Know

Stock futures higher, dollar retreats, as inflation fears recede; Disney shares surge as Iger cleans house at House of Mouse; PepsiCo earnings on deck as consumer demand fades; Mattel shares plunge after earnings miss, grim toy sector outlook and Twitter grinds back to normal after late Thursday outage.

The Street

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Republicans and Democrats Face Impasse Over Cutting Spending Versus Raising Taxes

Plus: Court denies motion to suppress January 6 geofence warrant, Texas may ban some immigrants from buying property, and more...

Reason

Living with Children: Behaviors associated with ADHD are indisputable. Diagnoses are another story

The Wall Street Journal recently published a letter from a gentleman who, apparently speaking from personal experience, claimed that attention-deficit/hyperactivity disorder (ADHD) is real, then extolled the benefits of the stimulant medications typically prescribed when the diagnosis is made. Effectively, said gentleman parroted the false narrative peddled by Big Pharma…

Tribune News Service

BP Stock Surges On Mixed Q4 Earnings, Decision To Throttle Back On Renewables

BP stock has rebounded 156% from Oct. 2020 lows of 14.74. Meanwhile, Exxon Mobil stock has ballooned 258% since then.

Investors Business Daily

U.S. weighs sanctions for Chinese companies over Iran surveillance buildup - WSJ

The U.S. is considering new sanctions on Chinese surveillance companies over sales to Iran's security forces, the Wall Street Journal reported on Saturday citing people familiar with the matter.

Reuters

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The Wall Street Journal, Economist and Financial Times all now have female editors – what does it mean for business?

February 1 was a date to celebrate for women in business everywhere. It happened to be the day that water group Severn Trent became the first large UK quoted company to be led by an all-female team by appointing Helen Miles as chief financial officer. That’s certainly worthy of celebration…

The Conversation

New Lawsuit Aims to Keep Vince McMahon Off WWE Board

The former WWE CEO currently sits as the executive chairman of the board of directors.

Sports Illustrated

Gather in the newsroom for a brief meeting

On the 75th birthday of the paper, a visit with colleagues long gone.

Chicago Sun-Times

Denys Kireyev was a Ukrainian spy hailed as a hero who saved Kyiv from Russian invaders. So why was he killed for treason?

Denys Kireyev seemed like any other wealthy Ukrainian banker, but he was really an undercover spy gathering Russian secrets. Why was he shot dead by fellow intelligence agents?

ABC News

French forces seize shipment of weapons headed from Iran to Yemen

Officials say the seizure, the latest in the water surrounding the Arabian Peninsula, happened in January.

Al Jazeera

Social media companies in the US brace to battle onslaught of legal challenges

State and federal lawsuits and bills with far-reaching regulatory implications for TikTok, Meta and others come to a head this year

The Guardian - US

Israel strikes Iranian munitions facility with targeted drones

Move could significantly escalate tensions between Tehran and the west as nuclear negotiations stall

The Independent UK

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Tribune News Service

Bay Area’s NWSL expansion team bid in ‘advanced discussions’ according to report

The Bay Area reportedly is nearing the finish line to be one of the three expansion teams in the National Women’s Soccer League and would begin play in 2024, according to a report in the Wall Street Journal on Friday.

Los Angeles Times

Michael Hiltzik: The FTC is pushing new rights for workers. Big business is pitching a fit, of course

Whenever a government agency proposes a regulation that might help workers by reining in an employer abuse, you can count on some heavy breathing from the big business lobby.

InsideEVs

Tesla Stock: A Look At The Recent Bull Vs Bear Case Debate

There was a Tesla bull versus bear debate not long before the EV maker's recent earnings. Is Tesla simply an automaker, or is it so much more?

Fortune

BuzzFeed just announced it's going to use A.I. to start creating content and the stock market loves it

Buzzfeed's announcement about using OpenAI's technology comes a day after Meta said it would pay the media company millions to create content for Facebook and Instagram.

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news in one place.

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The Independent UK

Murdoch pulls plug on possible merger of News Corp., Fox

Rupert Murdoch has pulled the plug on a proposal to merge his News Corp. and Fox Corp. In statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan

Foreign Policy

‘They Have to Balance’: New Iraqi Leader Tilts the Scales Toward U.S.

Mohammed al-Sudani’s public support of U.S. troops reflects a behind-the-scenes shift—and the continued threat from the Islamic State.

InsideEVs

Uber Working With Car Makers To Build Dedicated EVs For Ridesharing And Deliveries

Uber is reportedly working with a number of automotive companies to design and build dedicated electric vehicles for its ride-hailing and delivery services.

InsideEVs

Rumor: GM-LGES Deal On 4th Ultium Battery Plant Not Certain

GM' electrification strategy includes building four battery plants in the US via joint venture with LGES, but there are some rumors about the 4th plant.

The Street

Feds Go After Goldman Sachs for Not Protecting Your Money

The Federal Reserve's investigation reportedly grew out of standard review of Goldman’s consumer business, which started in 2021, and intensified to an investigation last year.

Daily Mirror

Vince McMahon 'agrees multi-million settlement' with WWE referee who accused him of rape

WWE's largest shareholder came out of retirement earlier this month and continued his role as executive chair amid takeover rumours by the Saudi Arabia's Public Investment Fund

The Guardian - US

Joshua Tree’s ‘Invisible House’ could be yours for $18m

A surreal desert structure that ‘flaunts its abundance’ has attracted celebrities and more: ‘Demi Lovato saw aliens there’

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People

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