Stocks rose as investors wagered that a new round of stimulus spending would bolster the economy.105
Elon Musk’s electric-vehicle company said it might start accepting the cryptocurrency as payment for its products, sending bitcoin’s price soaring.538
The Japanese technology investor rode red-hot stock markets to a big quarterly profit, largely on the back of investment gains at its $100 billion Vision Fund and its $10 billion successor.
House Democrats’ coronavirus relief bill offers a measure that would send $1,400 per-person payments to most households without lowering the income thresholds from earlier rounds.
Go-karts, laser tag and ropes courses aren’t very popular during a pandemic, even when they’re open. For big operators who thought entertainment was a solution to a declining business, the bills are coming due.99
Lawyers for Donald Trump argued it is unconstitutional to impeach a former president, while Democrats said Mr. Trump was trying to escape accountability for allegedly inciting supporters to charge the Capitol last month.661
Coronavirus: Latest
The pace of vaccinations in the U.S. is picking up, with the daily number hitting 2.1 million on Saturday, a high. Ten states have vaccinated 10% or more of their residents with at least one shot, and 19 states are about to hit that goal.
Business
The all-cash deal, which is expected to close in the quarter ending in June, will bring Glu’s mobile games such as “Kim Kardashian: Hollywood,” “Diner Dash” and “MLB Tap Sports Baseball” to Electronic Arts.
WSJ News Exclusive
The food-delivery company is exploring how automation could help restaurants, with ordering at an all-time high.
A board member of the National Rifle Association asked a judge who is overseeing the nonprofit group’s bankruptcy, to have someone look into allegations of compensation and expense abuses at the organization.
Several law firms denied making questionable claims of childhood sexual abuse, as alleged by insurers affiliated with Chubb Ltd., Hartford Financial Services Group Inc. and other companies that wrote policies covering the Boy Scouts against legal liabilities.
Talks between Hyundai Motor Group and Apple have failed to lead to an agreement for the South Korean auto giant to assemble vehicles for the iPhone maker.41
Markets
After tweets from Tesla CEO Elon Musk and rapper Snoop Dogg, the cryptocurrency Dogecoin, which started as a joke, topped $10 billion in market value. WSJ looks at why online investors are pouring money into the meme-inspired virtual currency.
The family of a 20-year-old student who took his own life after believing he racked up big trading losses filed a lawsuit against the company. The suit seeks unspecified damages.
Obama alumnus Michael Barr is viewed as the leading contender to head the Office of the Comptroller of the Currency, but some progressives favor Mehrsa Baradaran, an Iranian-born law professor.37
World
Hundreds of rescue workers and army personnel used construction equipment, shovels and their hands to dig through debris to try to find survivors of a flash flood that devastated a Himalayan valley in northern India.
U.S.
Restaurants in the city can restart indoor dining with limited capacity on Friday, two days earlier than planned, and a program to provide live arts programming will begin later this month, said New York Gov. Andrew Cuomo.
The suit sought proceeds of Stephanie Winston Wolkoff’s tell-all book about her friendship with the former first lady.
Life & Arts
Jason Gay
Tom Brady adds perhaps his most impressive chapter, with a debt to his teammates on the other side of the line.239
The Future of Everything | Energy & Climate
Developers behind the world’s largest planned green hydrogen project hope a growing global thirst for emission-free fuels will pay dividends.23
The star of “Judas and the Black Messiah” also opens up about his new role: “It was hard to get into a character that is so opposite of what I consider myself to be.”
The newly finished property was built as a family home by entrepreneur Mosie Miller and his wife, Michelle Miller.
Video
China’s New Tactic to Prevent the Spread of Covid-19? Cash and Gifts
5:10
How to Unlock Your iPhone With a Mask On (Hint: Get an Apple Watch)
3:22
Dogecoin: Elon Musk, Snoop Dogg Tweets Fuel Crypto Price Rally
1:55
