Sports, Entertainment, & Culture
> California Gov. Gavin Newsom (D) proposes $7.5B federal tax incentive for the film industry in response to President Donald Trump's announcement of possible tariffs on foreign-made films (More)
> Kentucky Derby winner Sovereignty will skip the Preakness Stakes (May 17) but will run at the Belmont Stakes (June 7), the third leg of horse racing's Triple Crown (More)
> Inter Milan tops FC Barcelona to advance to UEFA Champions League final, will face off against the winner of Arsenal and Paris Saint-Germain in the other semifinal matchup (More)
Science & Technology
> Engineers develop electronic "Band-Aid" capable of delivering drugs directly to internal organs; battery-free device may provide a platform for advanced health monitoring and therapies (More)
> Brain study reveals humans process faces from other races differently than their own, with less detail and differentiation; results confirm phenomenon known as the "other race effect" (More)
> Researchers demonstrate quantum communication network over a distance of 11 miles using single photons and conventional fiber optics, marking a step forward in realizing "unbreakable" quantum encryption (More)
Business & Markets
> US stock markets close lower (S&P 500 -0.8%, Dow -1.0%, Nasdaq -0.9%) as investors resume caution over global trade and await conclusion of the Federal Reserve's two-day policy meeting today (More) | This Thursday's 1440 Business & Finance newsletter unpacks annuities; join here for free (More)
> DoorDash to buy UK rival Deliveroo for $3.9B and US hospitality tech company SevenRooms for $1.2B; DoorDash is America's largest food delivery service ahead of Uber Eats (More) | Uber to buy 85% stake in Turkish food delivery platform Trendyol GO for $700M (More)
> EV-maker Rivian posts better-than-expected Q1 results, but slashes deliveries forecast for 2025 amid tariffs (More) | AMD tops earnings estimates, but says revenue will take $1.5B hit from US chip restrictions to China (More)
Politics & World Affairs
> Germany’s parliament elects conservative leader Friedrich Merz in second round of voting; Merz becomes first chancellor in Germany’s postwar history to have lost a first-round ballot (More) | Canadian Prime Minister Mark Carney meets with President Donald Trump, rejects suggestion of US acquisition of Canada (More)
> Supreme Court allows Trump administration to proceed with ban on transgender people serving in the military while litigation continues (More) | The order impacts at least 4,240 service members, roughly 0.2% of the military (More)
> President Donald Trump says the US will stop bombing Houthi rebels in Yemen after Oman confirms a ceasefire was reached with the militant group (More) | Israel says its airstrikes disabled Yemen's main airport in Sanaa following Houthi rebel attack on Tel Aviv's main airport (More)
SOURCE: 1440 NEWS
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