German arrested for allegedly spying on European Parliament for China

Surveillance cameras are mounted above the German and Chinese flags in front of Tongji University. Scholz is on a three-day trip to China. Michael Kappeler/dpa | Picture Alliance | Getty Images Germany has arrested a national on charges of spying for the Chinese secret service and leaking information from the European Parliament, Germany’s federal prosecutor’s … Read more

General Motors (GM) earnings Q1 2024

DETROIT — General Motors on Tuesday raised its 2024 guidance after beating Wall Street’s top- and bottom-line expectations for the first quarter. The automaker said it was boosting its forecast after strong North American operations offset losses elsewhere during the first quarter. The company now expects adjusted earnings of $12.5 billion to $14.5 billion, or … Read more

Philippines orders Google, Apple to remove Binance from app stores

Zhao Changpeng, founder and chief executive officer of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 16, 2022.  Benoit Tessier | Reuters The Philippines’ Securities and Exchange Commission (SEC) has ordered Google and Apple to remove cryptocurrency exchange Binance from their app … Read more

JetBlue shares tumble after airline lowers 2024 revenue outlook

Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands.  Nicholas Economou | Nurphoto | Getty Images JetBlue Airways shares tumbled more than 13% in premarket trading Tuesday after the … Read more

CEO of world’s largest wealth fund says there’s a lot of froth

The chief executive of Norway’s gigantic sovereign wealth fund on Tuesday said there is “clearly a lot of froth” in the tech sector, suggesting that whether there is too much of it could depend on this week’s tech earnings bonanza. U.S. tech behemoths including Tesla, Meta, Microsoft and Google parent Alphabet are all scheduled to … Read more

Lawsuit: SEC Collecting Data on US Stock Market Investors

A new lawsuit alleges that the U.S. Securities and Exchange Commission (SEC) has been illegally tracking the data of Americans who have invested in the stock market. The lawsuit, filed by the New Civil Liberties Alliance last week in Texas, claims that the agency has been illegally collecting data through the “Consolidated Audit Trail” program … Read more

Pro-China party wins landslide victory

Maldives’ President Mohamed Muizzu casts his ballot during the country’s parliamentary election, in Male on April 21, 2024. The Maldives votes in a parliamentary election likely to test Muizzu’s tilt towards China and away from India, the luxury tourism hotspot’s traditional benefactor. Mohamed Afrah | Afp | Getty Images Maldives President Mohamed Muizzu’s ruling pro-China … Read more

UnitedHealth paid ransom to bad actors, says patient data compromised

Omar Marques | Lightrocket | Getty Images UnitedHealth Group on Monday said it paid ransom to cyberthreat actors to try and protect patient data, following the February cyberattack on its subsidiary Change Healthcare. The company also confirmed that files containing personal information were compromised in the breach. “This attack was conducted by malicious threat actors, and we … Read more

Tesla shares fall to 15-month low after price cuts and layoffs

Tesla shares fell for a seventh straight day, reaching their lowest since January 2023, as further price cuts over the weekend added to mounting concerns heading into the company’s first-quarter earnings report Tuesday. The stock dropped 3.4% on Monday to close at $142.05, bringing its decline for the year to 43%, second worst among members … Read more

The Daily Beast’s Hiring a Full-time Lauren Sánchez Reporter

Lauren Sánchez has found herself in the public eye, thanks to her high-profile engagement to Amazon founder and billionaire Jeff Bezos — and now one national news outlet is looking for a specialized reporter to cover her every move. The Daily Beast announced that it is looking to hire a full-time senior reporter to cover … Read more