US Manufacturing Activity Shrinks for First Time This Year
US factory activity contracted in March for the first time this year and prices accelerated sharply for a second month as the drumbeat of higher tariffs reverberated through the economy.
Fewer US Job Openings, Layoffs Unchanged in Slowing Labor Market
US job openings fell in February while layoffs remained subdued, adding to evidence of a labor market that’s only gradually cooling.
South Africa’s Tax Take Outperforms on Finance Sector Boost
South Africa’s tax collection exceeded estimates, boosted by a strong performance in personal income and corporate levies, especially from the finance sector, preliminary data shows.
Star’s Survival Hopes Dim as Debt Refinancing Plan Collapses
Star Entertainment Group Ltd.’s hopes of survival took a blow with the collapse of a refinancing proposal that could have provided total debt capacity of as much as A$940 million ($591 million).
Hims to Sell Lilly’s Zepbound Through Telehealth Platform
Hims & Hers Health Inc.’s shares rose Tuesday after it said it was broadening its weight-loss offerings, adding access to brand name shots like Zepbound after previously focusing on cheaper versions made by compounding pharmacies.
Millennium, Citadel Extend 2025 Losses With a Volatile March
Izzy Englander’s Millennium Management and Ken Griffin’s Citadel lost money last quarter amid President Donald Trump’s trade wars, even as other hedge funds gained.
NYC Comptroller Pushes for Tesla Suit as Stock Hits Pensions
New York City Comptroller Brad Lander is pushing for the city to file a shareholder lawsuit against Tesla Inc., alleging the automaker misstated how much CEO Elon Musk’s work for the Trump administration has pulled him away from the company.
China’s Improving Profits May Help Soften Tariff Blow for Stocks
China Inc.’s outlook has brightened after a campaign to revive consumption delivered a strong earnings season, one that may offer local stocks a much-needed cushion as they brace for US tariffs.
Australia Urges Universities to Diversify Research Away From US
Australian Foreign Minister Penny Wong urged universities to seek greater research cooperation with partners outside the US following the Trump administration’s threat of funding cuts to the sector.
Boeing CEO to Tout Culture, Safety Reforms Prompted by Missteps
Boeing Co. Chief Executive Officer Kelly Ortberg plans to tell lawmakers that the planemaker has made mistakes that it’s working to address by overhauling its quality standards and culture.