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TradeBriefs Editorial

From the Editor's Desk

How thermal batteries are heating up energy storage - MIT Technology Review (No paywall)

The systems, which can store clean energy as heat, were chosen by readers as the 11th Breakthrough Technology of 2024.

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Ad transparency tools are 'major disappointment' ahead of election, new study shows  
  

Ad transparency tools are 'major disappointment' ahead of election, new study shows
\"The effectiveness of these tools depends on their usefulness for researchers in practice,\" the researchers wrote. They added, \"But we\'d also like to consider the glass half full, and look forward to further improvements.\"


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Undersea 'hybrid warfare' threatens security of 1bn, Nato commander warns  
  

Undersea 'hybrid warfare' threatens security of 1bn, Nato commander warns
The security of nearly 1 billion people across Europe and North America is under threat from Russian attempts to target the extensive vulnerabilities of underwater infrastructure including windfarms, pipelines and power cables, a Nato commander has warned.


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Agony for Arsenal and Liverpool. Why did it go wrong and is there still hope? | Ed Aarons and Andy Hunter  
  

Agony for Arsenal and Liverpool. Why did it go wrong and is there still hope? | Ed Aarons and Andy Hunter
Arsenal: Mikel Arteta’s decision to disrupt the formula that has served them so well since the turn of the year backfired spectacularly against an Aston Villa side who came to the Emirates Stadium with a clear gameplan. Kai Havertz looked threatening during the first half as he consistently broke through the lines from his midfield position but Gabriel Jesus was unable to provide the cutting edge in attack as Arsenal faded badly after the break. By contrast, Ollie Watkins was a constant menace and unsettled the usually assured Gabriel Magalhães, while John McGinn and co were able to control possession for Villa against an ineffective Arsenal midfield. But of most concern was how panic seemed to spread among Arteta’s players as they chased the game and were eventually overwhelmed. EA




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'We're crazier than you realise': Iran delivers its message with attack on Israel - FT (No paywall)  
  

Tehran believes calibrated missile and drone barrage is enough to restore deterrent and bolster image




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5 Takeaways From a Year of Medicaid Upheaval  
  

5 Takeaways From a Year of Medicaid Upheaval
But the policy lapsed at the start of April last year, allowing states to resume trimming their rolls, and the so-called unwinding process that ensued has had far-reaching effects. More than 20 million Americans lost Medicaid at some point in the past year, according to KFF, a nonprofit health policy research group — an unprecedented event in the joint federal-state program’s nearly 60-year history.


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Lawmakers Question Bank of America About Leon Black’s Payments to Epstein  
  

Lawmakers Question Bank of America About Leon Black’s Payments to Epstein
Whit Clay, a spokesman for Mr. Black, said, “The transactions the committee reviewed were both lawful and conceived, vetted and executed by reputable law firms and tax advisers.” He added that Mr. Black “has paid all taxes owed to the government” and provided detailed information to the committee.”




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U.S. economy will see 'more things break' in 2025 if rates stay high, strategist says  
  

U.S. economy will see 'more things break' in 2025 if rates stay high, strategist says
That marks a deviation from the European Central Bank, which is still broadly expected to lower rates in June after holding steady at its meeting last week. However, Morgan Stanley on Monday trimmed its 2024 rate cut expectations for the ECB from 100 basis points to 75 basis points, which it said was due to \"the change in the forecast of the Fed cutting cycle.\"


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Israel Weighs Response to Iran’s Attack as Allies Push for Restraint  
  

Israel Weighs Response to Iran’s Attack as Allies Push for Restraint
While the United States, Britain and France strongly condemned Iran’s assault and stepped in to help thwart it on Saturday, their calls for restraint highlighted the pressure Israel was facing to avoid a more direct confrontation with Iran.




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Opinion | The Smothering of Abortion Rights Reveals Something Else About Republicans  
  

Opinion | The Smothering of Abortion Rights Reveals Something Else About Republicans
The United States Supreme Court’s decision to overturn Roe v. Wade was not inevitable but once it was handed down, the Arizona Supreme Court was practically fated to move the state’s abortion laws in a reactionary direction. (Which makes it striking that Ducey would express dismay: The ruling, he wrote on X, was “not the outcome I would have preferred.”)


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What does Liz Truss's book tell us about her American ambitions?  
  

What does Liz Truss's book tell us about her American ambitions?
On 6 January 2021, Truss writes, she was "on a phone call with Bob Lighthizer", "working on" removing a US tariff on Scottish whisky. From the Executive Office building, next to the White House, Lighthizer "remarked … in passing that the street was full of people with huge American flags walking towards Congress. Little did I realise how seismic that event would turn out to be."




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Tesla layoffs hit high performers, some departments slashed, sources say | TechCrunch  
  

Tesla layoffs hit high performers, some departments slashed, sources say | TechCrunch
Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a source familiar with the matter told TechCrunch.


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Justices to Hear Obstruction Case That Could Bar Charges Against Trump  
  

Justices to Hear Obstruction Case That Could Bar Charges Against Trump
It did that in a two-part provision. The first part makes it a crime to corruptly alter, destroy or conceal evidence to frustrate official proceedings. The second part, at issue in Mr. Fischer’s case, makes it a crime “otherwise” to corruptly obstruct, influence or impede any official proceeding.




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Biden Heads to Pennsylvania to Talk Taxes and Hit Trump  
  

Biden Heads to Pennsylvania to Talk Taxes and Hit Trump
On Tuesday, the day after Tax Day, Mr. Biden is likely to promote his plans for changes to the tax code, including expanding the child tax credit, instituting a tax credit for first-time home buyers and making permanent tax credits for those who buy health insurance under the Affordable Care Act.


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The House Republican Going After Universities on Antisemitism  
  

The House Republican Going After Universities on Antisemitism
“I call them the most expensive universities in the country,” she said the other day, while traveling around her district, which winds through small working-class towns in the Blue Ridge Mountains.




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Supreme Court’s Review of Jan. 6 Charge Has Already Freed Some Rioters  
  

Supreme Court’s Review of Jan. 6 Charge Has Already Freed Some Rioters
The interrupted sentences — which could be reinstated depending on how the Supreme Court rules — are just one of the complications to have emerged from the court’s review of the obstruction statute, known in the penal code as 18 U.S.C. 1512. The charge has been used so far against more than 350 rioters, including Jacob Chansley, the so-called QAnon Shaman, and members of the far-right extremist groups the Proud Boys and the Oath Keepers.


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A Diplomatic Victory of Uncertain Staying Power  
  

A Diplomatic Victory of Uncertain Staying Power
“This weekend we saw Biden at his best,” said Laura Blumenfeld, a Middle East analyst at the Johns Hopkins School for Advanced International Studies and a former State Department policy adviser. “The U.S.-led aerial display with European and Arab regional partners played like an action movie trailer for a new Middle East air defense alliance.”


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Trump, Trailing Biden in Cash, Relies on Big Donors to Try to Catch Up  
  

Trump, Trailing Biden in Cash, Relies on Big Donors to Try to Catch Up
Mr. Trump’s campaign has not provided a full account of its first-quarter fund-raising. The two committees that filed on Monday reported raising nearly $90 million combined since January, but that does not include money raised directly by the campaign or the Republican National Committee.


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Johnson Says House Will Vote on Stalled Aid to Israel and Ukraine  
  

Johnson Says House Will Vote on Stalled Aid to Israel and Ukraine
It is not clear whether the complex strategy will be successful in the House, where Mr. Johnson has a tenuous hold on his divided conference and a bare majority. Republicans could try to block it from coming to the floor. Even if they did not, the success of the aid package would hinge on a complicated mix of bipartisan coalitions that support different pieces, given resistance among hard-right Republicans to Ukraine funding and among left-wing Democrats to unfettered aid to Israel.


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Unemployment jumps as UK jobs market stalls  
  

Unemployment jumps as UK jobs market stalls
She told the BBC she has been unfit for work due to symptoms such as severe fatigue and brain fog. \"Any exertion I am breathless. I\'m tired just having a shower or getting dressed,\" she said.


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NASA Seeks ‘Hail Mary’ for Its Mars Rocks Return Mission  
  

NASA Seeks ‘Hail Mary’ for Its Mars Rocks Return Mission
On Tuesday, NASA plans to issue a “request for information” seeking alternative plans from aerospace companies as well as experts within NASA, with proposals to be due on May 17. Of those, NASA would finance several of the proposals, with studies finishing later this year. Then NASA would have to decide its next step.


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In Australia, ‘Cats Are Just Catastrophic’  
  

In Australia, ‘Cats Are Just Catastrophic’
It was a scene to make most any cat lover squeamish, and Dr. Moseby, who grew up with pet cats, once would have been “outraged” by the idea of killing them, she said. But after repeatedly discovering the half-eaten carcasses of greater bilbies and burrowing bettongs, just two of the reserve’s vulnerable residents, she had come to a stark conclusion: “You have to make a choice between cats and wildlife.”


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James Dean, Founding Director of NASA Art Program, Dies at 92  
  

James Dean, Founding Director of NASA Art Program, Dies at 92
One night before L. Gordon Cooper blasted off on the last Mercury mission in May 1963, Mr. Dean allowed the painters Peter Hurd and Lamar Dodd to work from a field near the rocket’s launchpad, and provided them with huge lamps for illumination.


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David Egilman, Doctor Who Took On Drug Companies, Dies at 71  
  

David Egilman, Doctor Who Took On Drug Companies, Dies at 71
Dr. Egilman’s work as an expert witness rubbed some people the wrong way, especially defense lawyers and pharmaceutical company executives, who argued that he was too dogmatic to provide objective analysis. But Dr. Egilman saw things differently.


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Israeli Artist Shuts Venice Biennale Exhibit, Calls for Cease-Fire in Gaza  
  

Israeli Artist Shuts Venice Biennale Exhibit, Calls for Cease-Fire in Gaza
She said that while the Biennale, which opens to the public on Saturday, is a huge opportunity for a young artist like herself, that the situation in Gaza was “so much bigger than me,” and she felt that closing the pavilion was the only action she could take.


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Reeling From Mass Stabbing, Australians Ask: Was It About Hatred of Women?  
  

Reeling From Mass Stabbing, Australians Ask: Was It About Hatred of Women?
“The ideology of the attacker was crystal clear — a hatred of women,” Josh Burns, a member of Parliament, wrote on the social media site X on Monday. “We must call it out for what it is.”


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Validation for Woman Who Said She Was Raped in Australia’s Parliament  
  

Validation for Woman Who Said She Was Raped in Australia’s Parliament
Justice Michael Lee of the Australian Federal Court in Sydney determined on Monday that it was more likely than not that Ms. Higgins had been inebriated, unaware of her surroundings, and lying still “like a log” while Mr. Lehrmann assaulted her. The judge found that Mr. Lehrmann had been “hellbent” on having sex with her, disregarding whether she had the capacity to consent.


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Parents fear children are being sent back to asbestos-riddled classrooms at Queensland school  
  

Parents fear children are being sent back to asbestos-riddled classrooms at Queensland school
“I’m calling upon the government to be open and transparent in relation to this incident, to provide assurances to these parents and to communicate and work with the parent cohort to ensure that their children are safe,” he said.


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Republicans divided over Arizona near-total abortion ban, poll shows  
  

Republicans divided over Arizona near-total abortion ban, poll shows
Some Republican officials and candidates have since attempted to moderate their stance on abortion; multiple Arizona Republicans with a history of anti-abortion beliefs denounced the Arizona supreme court decision. However, Republicans in the state legislature also blocked an effort to repeal the 1864 abortion ban, which would only permit abortions in cases where the pregnant person’s life was in danger and does not have exceptions for rape or incest.


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Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook  
  

Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook
\"We have built an operating cost base in anticipation of a larger business, however with revenues weaker we are currently seeing significant deleverage through to earnings,\" said CEO Kenny Wilson, who will step down in March 2025.


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These are the top 5 companies to work for in India, according to LinkedIn  
  

These are the top 5 companies to work for in India, according to LinkedIn
Want to make extra money outside of your day job? Sign up for CNBC\'s new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. Register today and save 50% with discount code EARLYBIRD.


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'The city is a jail': Haitian journalists get word out about gang violence  
  

'The city is a jail': Haitian journalists get word out about gang violence
Rémy said it was not only the station that had been uprooted by the armed groups. Several journalists had fled their homes. "But we must not get discouraged. We must stay positive," he insisted. "Haiti is fundamentally good and has a lot of potential. Unfortunately, those people who are fighting do not understand how rich the country is."


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Newshub: parts of axed New Zealand media outlet to continue in new deal  
  

Newshub: parts of axed New Zealand media outlet to continue in new deal
“We were deeply aware of the dampening effect the Newshub closure would have on media plurality and we’re very pleased that New Zealanders will be able to have a choice about what news they watch at 6pm,” Warner Bros Discovery’s Glen Kyne said said.


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Meta and X ordered to remove church stabbing content - as it happened  
  

Meta and X ordered to remove church stabbing content - as it happened
You've got Imams, you've got bishops, archbishops, you've got priests and others - rabbis - who have had to sign nondisclosure agreements in relation to that issue as they have in relation to this one [environment laws]. It's quite remarkable. If it's a secret process, well, why? Is it commercially sensitive to be talking about religious discrimination? I would have thought not. So is it market sensitive? No evidence of that. Is there a national security risk here? Of course there's not. This is a government trying to divide and conquer.


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eSafety commissioner orders X and Meta to remove violent videos following Sydney church stabbing  
  

eSafety commissioner orders X and Meta to remove violent videos following Sydney church stabbing
“We know that seriously harmful misinformation and disinformation spreads fast on social media,” she said “That’s why the Albanese government is committed to holding digital platforms to account for their public commitments to address this content.”


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BoM declares the El Niño is over and another La Niña could be on the way  
  

BoM declares the El Niño is over and another La Niña could be on the way
"The global pattern of warmth is affecting the typical historical global pattern of sea surface temperatures associated with ENSO variability," it said. "As the current global ocean conditions have not been observed before, inferences of how ENSO may develop in 2024 that are based on past events may not be reliable."


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Former Test cricketer Michael Slater denied bail over domestic violence charges  
  

Former Test cricketer Michael Slater denied bail over domestic violence charges
Slater is charged with domestic violence offences of unlawful stalking or intimidation, breaking into a dwelling with intent at night, common assault, assault occasioning bodily harm and choking or suffocation.


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Ursula von der Leyen's controversial EU envoy pick quits at last minute  
  

Ursula von der Leyen's controversial EU envoy pick quits at last minute
Breton said he noted Pieper's decision. "Transparency and collegiality are and should always remain our cardinal values. I hope that this important position for SMEs will be filled as soon as possible," he wrote on X.


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Europe live: fire breaks out at Copenhagen's old stock exchange  
  

Europe live: fire breaks out at Copenhagen's old stock exchange
Vi er mødt ind til et forfærdeligt syn. Børsen brænder. Alle bedes holde sig væk fra området omkring Slotsholmen. Brandmyndighederne er på stedet. Vi vender tilbage, når der er flere oplysninger.


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Spire collapses after fire breaks out at Copenhagen's old stock exchange  
  

Spire collapses after fire breaks out at Copenhagen's old stock exchange
Most of the cathedral's lead-clad timber roof was destroyed but the vaulted stone ceiling prevented massive interior damage and allowed priceless relics and artwork to be rescued. Notre Dame is due to reopen in December 2024.


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Undersea 'hybrid warfare' threatens security of 1bn, Nato commander warns  
  

Undersea 'hybrid warfare' threatens security of 1bn, Nato commander warns
"And when we talk about aggression, we think about Russia obviously," added Maleterre, who said Sweden's membership in particular brought submarines, mine warfare ships, special forces and fast, powerful boats.


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Middle East crisis live: Senior figures in Iran warn of stronger response if Israel retaliates  
  

Middle East crisis live: Senior figures in Iran warn of stronger response if Israel retaliates
The Netherlands said it will reopen its embassy in Tehran on Tuesday after closing it for two days for safety reasons. It added in the statement that it does not exclude a new closure of its embassy.


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Gang members fire at Bollywood star's home in antelope killing row  
  

Gang members fire at Bollywood star's home in antelope killing row
In 2002, he allegedly ran over five people sleeping on the pavement in an upmarket Mumbai neighbourhood, killing one, in a late-night hit-and-run. He was cleared but authorities challenged his acquittal in 2016 and the case is continuing.


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Superdry restructures to cut rents as co-founder leads fundraising  
  

Superdry restructures to cut rents as co-founder leads fundraising
Peter Sjӧlander, the chair, said: “While we recognise the compromises we are asking from some of our stakeholder groups, we would urge them to support the proposals which we believe are the best way of ensuring Superdry’s recovery over the long term.”


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Smoking ban: Liz Truss takes aim at 'unelected' health department officials  
  

Smoking ban: Liz Truss takes aim at 'unelected' health department officials
Asked about opinion polls that showed two-thirds of people in Britain backed a phased smoking ban - a figure that extends to 70% among those who voted Conservative in 2019, Clarke said: "There are some things, of course, which are not necessarily philosophically or practically right that would command support in the opinion polls."


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UK packaging firm DS Smith agrees £5.8bn takeover by US group  
  

UK packaging firm DS Smith agrees £5.8bn takeover by US group
Private equity and some industry firms have been snapping up British assets considered cheap, as sterling remains weak after Brexit, the Covid pandemic and the Liz Truss government's disastrous mini-budget in the autumn of 2022.


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UK unemployment rate leaps to 4.2% amid fears of job cuts  
  

UK unemployment rate leaps to 4.2% amid fears of job cuts
“However, most concerning is the rise in economic inactivity, which is the measure of those not in work but not looking for work, which is even higher now than it was in the depths of the pandemic.”


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Chris Whitty urges MPs to ignore lobbying and pass smoking ban bill  
  

Chris Whitty urges MPs to ignore lobbying and pass smoking ban bill
“There are all sorts of ways to elicit a response and one of them is to imply that there is some sort of cliff edge that will stop people smoking and seek a yes or no to that,” he said. “If you ask a question that makes it look like there will be a sudden change then it will tend to produce a response that is one of resistance.”


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Trump's historic criminal trial enters second day as jury selection continues  
  

Trump's historic criminal trial enters second day as jury selection continues
As Trump allegedly framed these payments as recompense for legal consulting, he "made and caused a false entry in the business records of an enterprise", prosecutors contended. He did so "with intent to defraud and intent to commit another crime and aid and conceal the commission thereof", they said.


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Court adjourns after first day of Trump's historic criminal trial - as it happened  
  

Court adjourns after first day of Trump's historic criminal trial - as it happened
The jury's responsibility is to evaluate the testimony and all of the evidence presented at the trial … The trial is the opportunity for you to decide if the defendant is guilty or not guilty.


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Trump Media stock tanks on move to issue millions of shares  
  

Trump Media stock tanks on move to issue millions of shares
The former president founded Truth Social after he was kicked off major social media apps like Facebook (META) and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. Trump has since been reinstated on those platforms.


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TSMC first-quarter profit expected to rise 5% on strong AI chip demand  
  

TSMC first-quarter profit expected to rise 5% on strong AI chip demand
The AI boom has helped drive up the price of shares in Asia\'s most valuable company, with TSMC\'s Taipei-listed stock having surged 36% so far this year to a historic high, compared with a 14% gain for the broader market.


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Why Medical Properties Trust Stock Popped Today  
  

Why Medical Properties Trust Stock Popped Today
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.


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2 Artificial Intelligence (AI) in Healthcare Stocks to Buy and Hold for Great Long-Term Potential  
  

2 Artificial Intelligence (AI) in Healthcare Stocks to Buy and Hold for Great Long-Term Potential
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.


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Bitcoin Halving May Lead to Some Sales, Crypto.com CEO Says  
  

Bitcoin Halving May Lead to Some Sales, Crypto.com CEO Says
The halving will cut the amount of Bitcoin that so-called miners can earn each day for validating transactions to 450 from 900. Miners compete for the reward by solving mathematical puzzles using superfast computers.


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BlackRock’s Kapito Says Stocks Are Primed for a Comeback  
  

BlackRock’s Kapito Says Stocks Are Primed for a Comeback
BlackRock is seeking to position itself as a one-stop shop for a full range of investing options, including alternative assets that are in greater demand by institutional clients such as pensions, endowments and sovereign wealth funds. While alternatives currently account for roughly 3% of BlackRock’s assets under management, they bring in about 10% of fees.


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