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The Latest Breaking News from the Wall Street Journal

Porsche Isn't in a Great Situation Right Now

Porsche might be in a mess of its own making. Sales for the German automaker were down globally by 8.0 percent through the first three months of the year. While sales in the United States were actually up, the foreign-made Macan and Cayenne made up nearly 68 percent of those…

Motor1

Democrats renew call for probe of Musk-Putin ties - Roll Call

Democrats renew their push for probes into Elon Musk's conversations with top Russian officials, given his access to sensitive information.

Roll Call

Airbnb’s Brian Chesky says CEOs don't have to be ‘miserable’—that's why he got rid of emails and banned meetings before 10 a.m.

‘Don’t apologize for how you want to run your company,’ the $84.8 billion short-term rental boss stresses.

Fortune

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UnitedHealth Group shares plunge after report of Medicare fraud inquiry

Justice department investigation into health insurance giant reported as company’s CEO says he will retire

The Guardian - US

End of an Era: Warren Buffett Quits at 94, Citing Age in Shock Resignation

Buffett's decision, revealed at Berkshire's annual meeting, stunned shareholders, earning a standing ovation. 'I didn't really start getting old until I was about 90,'

International Business Times UK

Trump cabinet member’s links to El Salvador crypto firm under scrutiny

Commerce chief Howard Lutnick’s firm backed controversial crypto giant Tether as Bukele ties deepened

The Guardian - US

Denmark summons US diplomat over reports of increased intelligence gathering in Greenland

Danish Foreign Minister Lars Lokke Rasmussen said the information in the report was “very worrying", adding that "friends" shouldn't spy on each other.

Euronews

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Denmark summons US ambassador over report of Greenland spying

‘We do not spy on friends,’ foreign minister says of the ‘disturbing’ allegations

The Independent UK

US intelligence agencies told to ramp up spying on Greenland as Trump eyes takeover

Trump reiterated his interest in taking over Greenland during a recent interview

The Independent UK

Marvel boss Kevin Feige reportedly feels that recent MCU shows and movies "feel more like homework than entertainment"

Is Marvel producing too much content?

Total Film

Percival Everett, Branden Jacobs-Jenkins and Susie Ibarra among Pulitzer winners in the arts

Acclaimed novelist Percival Everett, playwright Branden Jacobs-Jenkins and composer Susie Ibarra have won Pulitzer Prizes this year in the arts, while the Washington Post wins for coverage of Donald Trump's shooting. Here are the winners in full.

Euronews

Elon Musk reportedly said last year he no longer wanted to be Tesla CEO but worried no one could replace him or his vision for the company

The EV maker began looking last month for a new CEO to replace Musk, the Wall Street Journal reported Monday.

Fortune

Tesla backs Elon Musk, calling an alleged plan to oust its embattled CEO ‘absolutely false’

The EV manufacturer claims its board is “highly confident” Musk can still grow the company days after revealing historically weak Q1 earnings.

Fortune

Tesla denies reports it contacted recruiters to help it replace Elon Musk

The Wall Street Journal had reported the electric car maker’s board had contacted search firms to help it find a new chief executive.

Evening Standard

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Barchart

Dollar Rises on Expectations of Tariff Relief

The dollar index (DXY00 ) Tuesday rose by +0.19%. The dollar posted moderate gains on Tuesday amid tariff relief expectations after the Wall Street Journal reported that President Trump will ease auto tariffs and lift levies on foreign parts for cars and trucks made in the US. The dollar fell...

Fortune

Trump team signals rollback on some tariffs to reduce pain for suffering auto industry

The White House confirmed a report in the Wall Street Journal that automakers won’t face additional tariffs for goods like steel and aluminum.

Latin Times

Markets Boosted As Trump Softens Tariff Pain For Auto Firms

The White House said foreign auto firms paying tariffs of 25 percent for their US car and parts shipments would not face other levies such as those on steel and aluminium, the Wall Street Journal said. Companies will also be reimbursed for fees already paid.

Barchart

Stocks Settle Mixed Awaiting Trade News and Big Tech Earnings

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.03%. June E-mini S&P futures (ESM25 ) are up +0.03%, and June E-mini Nasdaq futures...

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Barchart

Stocks Mixed on Trade News and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) today is up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.29%. June E-mini S&P futures (ESM25 ) are up +0.02%, and June E-mini Nasdaq futures...

Barchart

Stocks Climb on Hopes of US Trade Deals

The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.25%. June E-mini S&P futures (ESM25 ) are up +0.41%, and June E-mini Nasdaq futures...

Fortune

China’s Huawei encroaches further on Nvidia’s turf and is reportedly set to test a new AI chip aimed at the H100

The chip, dubbed Ascend 910D, will be Huawei’s most powerful AI processor to date, according to a report from the Wall Street Journal.

Salon

Paranoid Pete pushes Pentagon polygraphs

A new report from the Wall Street Journal shows Pete Hegseth lashing out as the walls are closing in

The Independent UK

Trump takes aim at Rupert Murdoch and Fox News after poll frames President in negative light

Trump asked Murdoch to ‘start making changes’ at the Wall Street Journal and get rid of a pollster at Fox News

Latin Times

Pope Francis Branded 'Anti-American' Who Pushed Ideas to 'Keep the Poor in Poverty' in Scathing WSJ Editorial

The Wall Street Journal's Board substantiated its claim by pointing to the pope's advocation for less consumption and more environmental protection.

Salon

Trump’s made for TV madman theory flops

Former State Department official Edward Fishman warns that Trump's strategy of global economic chaos will backfire

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