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  • The lowest form of popular culture - lack of information, misinformation, and a contempt for the truth or the reality of most people's lives - has overrun real journalism. Today, ordinary Americans are being stuffed with garbage.

     

    ~Carl Bernstein


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    • India's Infosys approves up to $2 billion buyback of shares
      MUMBAI (Reuters) - India's second-biggest IT firm Infosys said on Saturday it will buy back shares worth up to 130 billion rupees ($2 billion), a day after Vishal Sikka resigned as chief executive after a long-running feud with the company's founders.
    • Shift from non-GAAP bottom lines could be good for stock prices
      SAN FRANCISCO (Reuters) - Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years.
    • Elliott lawyer says third bidder may top Buffett's Oncor bid
      (Reuters) - An unidentified utility could pay $9.3 billion to buy Texas power transmission company Oncor Electric Delivery Co, topping Berkshire Hathaway Inc's $9 billion bid, a lawyer for the largest creditor of Oncor's parent told a U.S. bankruptcy judge on Friday.

UK retail sales fall at fastest rate in seven years as inflation bites – as it happened

Retail sales fell by 1.4% during the first three months of 2017 as shoppers were put off by rising prices. It was the biggest quarterly fall in sales since 2010.

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Today’s Breaking Pop Culture

  • Join us on a journey through pop culture’s deepest, darkest (and most likely daftest) recesses
  • We’ll be talking about last night’s TV, Grand Schadenfreude Designs and Prince’s ‘secret’ gig
  • Get in touch: @guideguardian, guide@guardian.co.uk or login below…

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Stock markets rally as Ukraine crisis eases a little – business live

S&P 500 hits new record high as Wall Street joins global rally

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Greece’s borrowing costs drop on reports of debt relief plan – business live

Bloomberg: eurozone could cut Greek interest rates and extend bond maturities

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