Noem says Trump can deport who he wants, botches what ‘habeas corpus’ means
Kristi Noem spoke after White House aide Stephen Miller floated suspending the writ of habeas corpus for migrants.
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Lux Capital Takes on Science Risk
Years of underinvestment in science are putting the US behind China in technological advances, says Lux Capital Managing Partner Josh Wolfe. Wolfe explains why the firm is lowering the bar for science risk in the ventures it invests in, with Ed Ludlow on “Bloomberg Technology.” (Source: Bloomberg)
US borrowing costs climb after Moody’s downgrade
Yields on 30-year US Treasuries hit highest level since 2023 on debt concern
Bath & Body Works Names New CEO, Preannounces Results, Affirms Outlook
Kevin Carter / Getty Images Bath & Body Works CEO Gina Boswell was replaced by former Nike executive Daniel Heaf. Key Takeaways Bath & Body Works CEO Gina Boswell resigned and was replaced by former Nike executive Daniel Heaf. The personal care and home fragrance retailer also reported preliminary first-quarter results and reiterated its full-year…
Google Decided Against Offering Publishers Options in AI Search
Company drew “hard red line” around requiring web publishers to participate in AI search, document says
Galipolo Vow on Higher-for-Longer Brazilian Rates Boosts Bets on Cycle’s End
Central bank President Gabriel Galípolo said Brazil needs interest rates to remain at a very restrictive level for longer, boosting investors’ bets that policymakers could stop the current tightening cycle at their next meeting in June.
Palantir Stock Slides Monday After Hitting Record High Last Week
NurPhoto / Getty Images Earlier this month, Palantir reported better-than-expected quarterly sales Key Takeaways Palantir shares slid Monday amid a broader market decline in the wake of a U.S. credit downgrade from Moody’s. The U.S. faces “persistent, large fiscal deficits” that show no signs of slowing, the ratings agency said Friday. Despite Monday’s losses, Palantir…