Analyzing General Electric before Its Second-Quarter Earnings

Associated Press Finance
I-95 overpass in Connecticut scorched during a fuel truck inferno has been demolished
A live camera operated by the Connecticut Department of Transportation on Saturday showed excavators and bucket loaders scooping up rubble from the destroyed Fairfield Avenue overpass above I-95 in Norwalk and dumping it into large containers and dump trucks to be hauled away. Crews started tearing down the bridge on Friday morning and work, including the repaving of damaged parts of the roadway, was expected to last through the weekend. The truck then hit a tractor trailer in another lane and caught fire.
Reuters
Warren Buffett says taxes may rise to offset widening US deficits
Warren Buffett said he expects the U.S. government to increase taxes to tackle widening fiscal deficits rather than reduce spending. "I think higher taxes are likely," he said on Saturday at Berkshire Hathaway's annual shareholder meeting in Omaha. The Congressional Budget Office has estimated in its latest long-term budget projections federal deficits will rise to 8.5% of gross domestic product in fiscal 2054 from 5.5% in fiscal 2024.
Yahoo Sports
Former NBA guard Darius Morris dies at 33
Former NBA guard Darius Morris died at the age of 33. He played for five teams during his four seasons. Morris played college basketball at Michigan.
Evening Standard
Lib Dems claim third place from Green Party in London mayoral election
The Lib Dems came ahead of the Greens by a wafer-thin margin of 70 votes
BBC
London mayor election: How Sadiq Khan's safety-first strategy prevailed
The Labour candidate clinched a third-successive term as mayor of London - but what next?
Reuters
UPDATE 1-WestJet issues 72-hour lockout notification to its tech ops union AMFA
Onex Corp's WestJet on Saturday said that it has issued a 72-hour lockout notification to its technical operations union ‍Aircraft Mechanics Fraternal Association (AMFA). The company said that a work stoppage could occur as early as May 7 unless a deal is reached with AMFA. The 72-hour lockout notice does not mean travel disruption will occur, WestJet said in a statement, adding that in the coming days it will take necessary action to manage impacts.
BBC
India opposition official held over doctored video
The Congress Party official denies doctoring a video featuring India's interior minister.
Reuters
QUOTES-Buffett talks succession and Berkshire's future at annual meeting
Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him and discussing Berkshire's opportunities. Greg Abel, 61, designated Buffett's successor as chief executive in 2021, sat on stage with Buffett.
TVLine.com
Best Streaming Deals in May: Get $10 Off Sling Plans, $5/Month Starz Subscriptions and More
If you want to keep up on all the best and buzziest shows, you need to subscribe to a streamer. But worry not! There are nearly always loopholes or hacks for getting a streaming subscription for less. Below, we’re rounding up the best streaming deals in April 2024, including a major Max discount and a …
GOBankingRates
25 Ways To Make an Extra $500 a Month
With inflation pushing up the cost of daily life just about everywhere you go, people from all over the country are looking for ways to lower their spending -- but even that isn't enough in most...
People
Keila Shaheen Talks New Edition of Bestselling “Shadow Work Journal”: ‘It’s All About Coming Back to Yourself’ (Exclusive)
The second edition of Shaheen’s TikTok sensation ‘The Shadow Work Journal’ includes exercises from therapists
The Independent
Dozens of Democrats call on Biden to reconsider Israel support, accusing it of blocking of humanitarian aid to Gaza
Congress members argue US aid to Israel shouldn’t be ‘blank check’
The Independent
Stuart Bingham v Jak Jones LIVE: World Snooker Championship scores and updates from semi-final
Bingham and Jones play to a finish this evening with Kyren Wilson awaiting in the Crucible final
Evening Standard
World Snooker Championship 2024: Semi-final schedule, results and latest scores
All four players still in the tournament will be dreaming of Crucible glory
Business Wire
Teijin Automotive Technologies Celebrates Opening of Huntington, Indiana, Facility Expansion
AUBURN HILLS, Mich., May 04, 2024--Teijin Automotive Technologies held a ribbon cutting today to celebrate the opening of its new topcoat and assembly facility in Huntington, Indiana. This new facility enhances the capabilities of the company’s existing Huntington facility, which include compression molding, bonding, water jetting, sanding and priming.
Time
What Is Kate Middleton's Net Worth? Here's What We Know
The finances of the royal family have long been a topic of public discussion and interest.
Evening Standard
Sadiq Khan wins historic third term as London mayor saying he answered 'hate with hope'
Labour incumbent wins 1,088,225 votes – 275,828 more than his main rival, Tory candidate Susan Hall
Associated Press Finance
Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
Associated Press
Royal Challengers Bengaluru beat Gujarat Titans to stay alive in IPL
Royal Challengers Bengaluru kept alive their slim playoff hopes in the Indian Premier League with a four-wicket victory over Gujarat Titans in a low-scoring thriller on Saturday. Bengaluru pacers came to the party as Gujarat was put into bat and bowled out for 147 runs in 19.3 overs. Bengaluru skipper Faf du Plessis then led the way with 64 off 23 balls, as the hosts finished with 152-6 in only 13.4 overs.
Deadline
Darius Morris Dies: Former Los Angeles Lakers Playoffs Starter Was 33
Former NBA player Darius Morris, who started a playoff game for the Los Angeles Lakers and played for four other NBA teams, has died at 33. The cause of his death has not been disclosed. Morris also played for the University of Michigan from 2009-2011 and is one of five players in school history to …

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Analyzing General Electric before Its Second-Quarter Earnings

Latest stories

I-95 overpass in Connecticut scorched during a fuel truck inferno has been demolished

Warren Buffett says taxes may rise to offset widening US deficits

Former NBA guard Darius Morris dies at 33

Lib Dems claim third place from Green Party in London mayoral election

London mayor election: How Sadiq Khan's safety-first strategy prevailed

UPDATE 1-WestJet issues 72-hour lockout notification to its tech ops union AMFA

India opposition official held over doctored video

QUOTES-Buffett talks succession and Berkshire's future at annual meeting

Best Streaming Deals in May: Get $10 Off Sling Plans, $5/Month Starz Subscriptions and More

25 Ways To Make an Extra $500 a Month

Keila Shaheen Talks New Edition of Bestselling “Shadow Work Journal”: ‘It’s All About Coming Back to Yourself’ (Exclusive)

Dozens of Democrats call on Biden to reconsider Israel support, accusing it of blocking of humanitarian aid to Gaza

Stuart Bingham v Jak Jones LIVE: World Snooker Championship scores and updates from semi-final

World Snooker Championship 2024: Semi-final schedule, results and latest scores

Teijin Automotive Technologies Celebrates Opening of Huntington, Indiana, Facility Expansion

What Is Kate Middleton's Net Worth? Here's What We Know

Sadiq Khan wins historic third term as London mayor saying he answered 'hate with hope'

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple

Royal Challengers Bengaluru beat Gujarat Titans to stay alive in IPL

Darius Morris Dies: Former Los Angeles Lakers Playoffs Starter Was 33