Biden, McCarthy Gain Support for Debt-Ceiling Deal but Chokepoints Await

Congress heads into a pivotal week that will test whether President Biden and House Speaker Kevin McCarthy can win enough support for a deal to raise the debt ceiling before June 5. Source link More...

How AI Is Catapulting Nvidia Toward the $1 Trillion Club
The company’s chips are leaders in processing the complex calculations driving the latest internet revolution. Source link More...

Target Lands in Culture-War Crosshairs Over Pride Month
The retailer’s halt to its sale of some Gay Pride items fuels criticism it gave in to pressure from anti-LGBT comments. Source link More...

Negotiators Halt Debt-Ceiling Talks
The White House and House Republicans struggled to reach a deal to raise the limit and avert a government default as soon as next month. Source link More...

Democrats to Launch Discharge Petition, Aiming to Force Debt-Ceiling Vote
The bid to circumvent House Republican leadership is seen as long-shot fallback plan if talks fail, and would require the backing of at least five GOP representatives. Source link More...

Exxon Goes Lean With End of 'God Pod' Era
The oil company’s top management will inhabit a less-lavish executive suite at its glass-dominated campus near Houston. Source link More...

NBCUniversal Ad Chief in Talks on Twitter CEO Post
Linda Yaccarino is chairman of global advertising and partnerships at NBCU. Twitter owner Elon Musk said earlier he had picked a new chief executive without naming the person. Source link More...

White House Debt Meeting Fails to Yield Breakthrough
President Biden and House Speaker Kevin McCarthy remained at loggerheads after a meeting Tuesday at the White House. Source link More...

Virgin Galactic Aims for Space Tourism Launch After Years of Delays
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Apple Finds Strength in India as Overall Sales Fall for Second Straight Quarter
The company logged strong iPhone growth in places such as India, Indonesia, Latin America and the Middle East, a sign of resilience as the tech giant continues to face economic uncertainty. Source link More...