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What's News: Uber's Growth Stalls; Arab Spring Aftershocks; Supercar Crackdown.
U.S. charges Assange with computer-hacking conspiracy. Prosecutors allege that the WikiLeaks founder conspired
to help former U.S. Army intelligence analyst Chelsea Manning break
into a U.S. Defense Department computer system by trying to help her
crack a password.
Case rests in legal gray zone. Defenders of Mr. Assange say the charges could allow the government to penalize certain practices
used by investigative reporters; his lawyers argue he was merely
encouraging a source to provide him with information and taking steps to
protect the source’s identity.
Earnings season begins with big banks. JPMorgan Chase and Wells Fargo will deliver first-quarter results today, giving investors an early glimpse at how the Federal Reserve’s cautious shift on monetary policy affected the biggest U.S. banks at the start of the year.
Global competition takes a toll on Uber’s growth.The ride-hailing giant’s IPO documents, made public Thursday, show a company besieged by competitors on all fronts, leading to sharp declines in revenue growth just as it readies to market itself to growth-hungry public-market investors.
One teenager killed himself. Six more followed. Beneath a rise in suicides nationwide
is the painful and perplexing phenomenon of deaths clustering in the
same town, at the same school, on the same block. "We don’t talk about
the hard stuff."
Republican opposition imperils President Trump's Fed pick. Four GOP senators have said they would oppose the nomination
of former restaurant executive Herman Cain to the Federal Reserve
Board, effectively dashing Mr. Trump’s hopes of putting a political ally
on the powerful body.
Google faces an antitrust lawsuit in Europe. A German price-comparison service has become the first major company to sue Google
following a 2017 European antitrust decision to fine the tech giant for
abusing its dominant position in the search-engine market.
Cord-cutters' savings shrink. Online TV bundles are
getting bigger and prices keep rising, edging closer to the cable
bundles they were designed to replace and muddling the economic equation
that has prompted millions of Americans to cut the cord. Disney's new
Brexit hard-liners reassess. A small group of
euroskeptic lawmakers has become the face of a protest campaign that
sought to define Brexit as a total and abrupt split with the EU. Now, as
Brexit spins into further disarray, some worry they have overplayed their hand.
Big turnover in the military's top ranks. The Pentagon within the coming months is expected to undergo its most dramatic period of turnover
at top military levels under the Trump administration, with these
changes occurring during a particularly unusual time in which top
civilian leaders are not serving in a permanent capacity.
You survived tax season. Now do this. For weeks, news
articles, message boards, and family dinners have been filled with
unhappy taxpayers lamenting tax refund shortfalls or surprise bills. For
many, that’s because they didn’t watch their withholding, writes WSJ's Laura Saunders.
Why the EU is cracking down on speedy supercars.
Though European speed freaks have pushed speed limits for decades, the
European Union is clipping their wings. Rumble Seat columnist Dan Neil
laments the end of an era, and ponders the consequences for American cars.
Small banks rebel against the clout of technology providers.
Small lenders are struggling to keep up with big banks’ flashy tech
offerings, so they turn to service providers for help. But many are pushing back against what they view as onerous contracts and mediocre digital offerings.
Successful men trade beer for green juice.
Wellness—the umbrella term for everything from meditation to yoga—is no
longer just for women. Increasingly men (and businesses) are getting juiced about holistic health.
Chart of the Day
Marijuana use climbs among U.S. workers. More American workers are testing positive for marijuana, a new report finds,
as lawmakers in New Jersey and Illinois push to join nearly a dozen
more states where recreational use of the drug is now legal. The rise
comes as the number of drug tests showing signs of cocaine, heroin,
prescription sleep aids and certain opiates like morphine has fallen
This Day in History
April 12, 1955
Polio Vaccine Declared Safe
Six drug firms were given approval to start production of the Salk
polio vaccine after it was declared "safe, effective and potent." A
professor at the University of Michigan said the vaccine had proved to
be 80%-90% effective in preventing paralytic polio and it went into
commercial use in 1961. In 1988, the number of paralytic polio cases
world-wide was over 350,000 a year according to the World Health
Organization, falling to 33 cases in 2018.