News Feeds

Latest News from the Wall Street Journal

• U.S. Job Openings Rose in April, Reversing Three Months of Decline
• Rising Rates Make It Harder to Help Distressed Homeowners. Regulators Are Trying to Fix That.
• Nearly 4 Million Kia Cars Have Potentially Explosive Air-Bag Parts, Document Shows
• IKEA Looks to Speed Up E-Commerce With Software Deal
• A Debt-Ceiling Deal That Doesn't Deal With Debt

Noobpreneur – Small Business

Industry

• ICRA sees power demand growth at 5-5.5% in FY24 vs 9.6% FY23
• Bank lending remains buoyant in April too
• Ford CEO says EV cost parity may not come until after 2030
• Delhi discoms petition DERC, cite revenue gap to seek tariff hike: Sources
• Laurus Labs invests Rs 80 crore in cell & gene therapy firm ImmunoACT

NYTimes Business Day

• Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help
• Job Openings Rose in April, Defying Cooling Trend
• Remote Work Gives Amazon Workers a Common Cause
• Reassessing Engine No. 1’s Fight Against Exxon Mobil
• India Will Scrap 2,000 Rupee Notes, Echoing 2016 Demonetization

Stocks

• Ahead of Market: 10 things that will decide D-Street action on Thursday
• Adani to raise $3.5 bn from share sale in three group cos
• Wells Fargo CEO says there will be losses in office loan portfolio
• Patanjali Foods promoters to dilute 6% share to meet minimum shareholding norms, launches road show
• These 8 healthcare stocks touch their new 52-week highs.

Technology

• Foxconn sees AI driving strong server demand, but full year to be flat
• Edtech startup Scaler acquires Delhi-based Pepcoding​ for undisclosed amount
• China warns of artificial intelligence risks, calls for beefed-up national security measures
• China Telecom establishes quantum technology group
• Amazon workers upset over job cuts, return-to-office mandate stage walkout

Wall Street Journal – US Business

• U.S. Job Openings Rose in April, Reversing Three Months of Decline
• Rising Rates Make It Harder to Help Distressed Homeowners. Regulators Are Trying to Fix That.
• Nearly 4 Million Kia Cars Have Potentially Explosive Air-Bag Parts, Document Shows
• IKEA Looks to Speed Up E-Commerce With Software Deal
• A Debt-Ceiling Deal That Doesn't Deal With Debt

NYTimes – Deal Book

• Reassessing Engine No. 1’s Fight Against Exxon Mobil
• Sign Up for DealBook
• Companies Push Prices Higher, Protecting Profits but Adding to Inflation
• Elizabeth Holmes Reports to Prison in Texas on Tuesday
• Climate Shareholder Activists Rethink Their Fight Amid Setbacks

Small Business Trends

• How to Start a Shrimp Farm
• Guide to Fourth of July Decorations for Small Business Owners
• How to Start Sod Farming
• ChatGPT-4 Shows Human-Surpassing Creativity, Study Finds
• Spotlight: The Dog Stop Offers a One-Stop-Shop for Pet Owners

NYTimes – Small Business

• The AI Boom Inside Silicon Valley Start-Up Accelerators
• Reid Hoffman Is Praising the Virtues of AI
• Elizabeth Holmes Opens Up About Her Theranos Trial and What Comes Next
• Once an Evangelist for Airbnbs, She Now Crusades for Affordable Housing
• For Founders of Small Businesses, the Personal Story Matters

The Economist – Business

• Nvidia is not the only firm cashing in on the AI gold rush
• Why are corporate retreats so extravagant?
• It will take years to get Deutsche Bahn back on track
• Why tech giants want to strangle AI with red tape
• What properties would Sam Zell invest in next?

NYTimes – Your Money

• 401(k) Hardship Withdrawals Tick Up as Inflation Stays High
• Contributions to College Savings Plans Pick Up as Inflation Eases
• For the Markets, It’s Not Just the Debt Ceiling
• Interest Rates on Federal Student Loans to Rise Next School Year
• How a Daughter Helped Her Mother Get Her Student Loans Forgiven