U.S. stocks tie the record for the longest-ever bull market run. Yahoo Finance's Seana Smith, Dion Rabouin, Dan Howley, and Rick Newman discuss.
SARAJEVO, Bosnia-Herzegovina (AP) — Law enforcement officers in Bosnia arrested 23 people suspected of belonging to a “global drug kingpin's inner circle,” including police and security officials, in a clampdown on criminal networks controlling much of Europe’s cocaine trade, authorities said Tuesday. Europol, the European Union's law enforcement agency, and Bosnian officials said the suspects were detained Monday as security forces searched their homes and other locations.
The wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.
London's FTSE 100 stocks index hit record highs Tuesday, catching up with major global peers that have struck all-time peaks this year as inflation cools.London's FTSE 100 reached 8,076.52 points shortly after the open, surpassing a record 8,047.06 struck in February last year.
Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.On Tuesday it said it expected an operating profit of 250 million euros in the second quarter of the year.
The former president's hush money trial is set to resume Tuesday at Manhattan Criminal Court, where ex-National Enquirer publisher David Pecker — the first witness to testify in the historic case — will return to stand.
Indian Prime Minister Narendra Modi and his Hindu nationalist party have begun attacking opposition rivals, saying they favour minority Muslims, in what analysts see as a bid to invigorate their hardline base after general elections began last week. India began voting on Friday in a seven-phase election at which Modi seeks a rare third consecutive term, with campaigning that had so far largely focused on his record of growth and welfare as well as his personal popularity. But in a speech on Sunday, Modi referred to Muslims as "infiltrators" who have "more children", linking the comment to what he called an election plan of the main opposition Congress party to redistribute the wealth of Hindus among Muslims.
As former President Donald Trump moves closer to selecting his running mate, a major Democratic abortion-rights advocacy group is taking his pool of vice presidential contenders to task over their records on reproductive rights.
The Biden campaign sees Florida's abortion law, and a November referendum, as helping the president's chances in a state won by Trump in the last two elections.
The U.K. on Tuesday pledged an additional $620 million in new military supplies for Ukraine, including long-range missiles and four millions rounds of ammunition, at a time when Ukraine is struggling to hold off advancing Russian forces on the eastern front line of the war, now in its third year. British Prime Minister Rishi Sunak spoke with Ukraine's President Volodymyr Zelenskyy on Tuesday morning to confirm the assistance and "assure him of the U.K.’s steadfast support for Ukraine’s defense against Russia’s brutal and expansionist ambitions,” Sunak's office said. Sunak was traveling to Warsaw later Tuesday to meet with Polish Prime Minister Donald Tusk and NATO Secretary General Jens Stoltenberg for talks about further aid for Ukraine.
Thailand's cabinet on Tuesday approved a plan to select a new slate of senators who will no longer be allowed to vote on who becomes prime minister, removing what has effectively served as a veto for the powerful military on who leads the country. The military introduced an appointed Senate when it changed the constitution in the wake of a 2014 coup, hand-picking its own lawmakers who ensured junta leader Prayuth Chan-ocha became prime minister after parliamentary elections resumed in 2019. Those same senators also closed ranks with military-backed parties in a bicameral vote on a prime minister last year to block the surprise election winner, the anti-establishment Move Forward party, from forming a government.
GM kept the earnings momentum going with strong first quarter results, resulting in the automaker upping its full-year guidance. GM also still sees "positive variable profit" in its EV business in the back half of 2024 as well.
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages. In North America Frito-Lay revenue rose 2%, while Pepsi beverage sales were up 1%. Sales were hurt by a recall early in the quarter of Quaker Oats cereal, bars and snacks because of potential contamination with salmonella.
Karen, an ostrich at the Topeka Zoo, has died after grabbing and swallowing a staff member's keys, the zoo announced Friday.
Hezbollah announced two of its members had been killed by Israeli fire Tuesday, with the Israeli army saying it eliminated "two significant" members of the Iran-backed group in south Lebanon.The Israeli army said it had killed "two significant terrorists in Hezbollah's aerial unit" on Tuesday morning and overnight.
UK leader Rishi Sunak travels to Warsaw on Tuesday for talks with Polish premier Donald Tusk and NATO chief Jens Stoltenberg that will focus on Ukraine and wider European security.Stoltenberg said last week that he expected more NATO countries to make announcements on fresh air defences for Kyiv "soon".
Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. The Detroit automaker said that while its average sales price per vehicle was down slightly from last year at just under $50,000, pickup sales remained strong, and it's not seeing the price erosion across its lineup that other companies have experienced. GM on Tuesday said it made $2.97 billion from January through March, with revenue increasing 7.6% over the same period a year ago to just over $43 billion.
Spotify reported first quarter earnings before the bell on Tuesday. Here's what to know.
An aide to a German far-right member of the European Parliament has been arrested on suspicion of spying for China, German prosecutors said Tuesday, deepening concerns about foreign interference ahead of June's EU elections.Lawmakers in the EU parliament's leftwing Greens group on Tuesday called on the European Parliament to speed up a probe into links between MEPs and foreign powers.
(Reuters) -Israel bombarded northern Gaza overnight in some of the heaviest shelling in weeks, panicking residents and flattening neighbourhoods in an area where the Israeli army had previously drawn down its troops, residents said on Tuesday. Tanks made a new incursion east of Beit Hanoun on the northern edge of the Gaza Strip, though they did not penetrate far into the city, residents and Hamas media said.
Donald Trump is set to secure on Tuesday a stock bonus worth $1.3 billion from the company that operates his social media app Truth Social, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The award will take the former U.S. President's overall stake in the company, Trump Media & Technology Group (TMTG), to $4.1 billion. While Trump has agreed not to sell any of his TMTG shares before September, the windfall represents a significant boost to his wealth, which Forbes pegs at $4.7 billion.
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