Victoria Craig

The American hedge fund Elliott Investment Management is in talks to buy a stake in an extension of the TurkStream pipeline, which carries Russian natural gas to Europe. Earlier this week, the European Union laid out a plan to cut Russian energy imports by 2027. For that reason and others, people familiar with the matter said Elliott isn't interested in investing solely in the pipeline.

but rather in a broader deal that includes a package of infrastructure assets. They said the deal would also include access to a network of data centers and data cables. And finally, in case it slipped your mind, a reminder. This Sunday is Mother's Day here in the U.S. For 1-800-Flowers, that day is basically the Super Bowl.

but rather in a broader deal that includes a package of infrastructure assets. They said the deal would also include access to a network of data centers and data cables. And finally, in case it slipped your mind, a reminder. This Sunday is Mother's Day here in the U.S. For 1-800-Flowers, that day is basically the Super Bowl.

It takes an entire year for the company to get ready to deliver millions of flowers across the country. And its CEO, Jim McCann, told our retail reporter, Sarah Nassauer, that he's hanging up his shears and stepping down after this year's holiday. Sarah explains.

It takes an entire year for the company to get ready to deliver millions of flowers across the country. And its CEO, Jim McCann, told our retail reporter, Sarah Nassauer, that he's hanging up his shears and stepping down after this year's holiday. Sarah explains.

The 73-year-old McCann will still be moving too. He said he would remain chairman and focus on making new AI tools to help customers stay connected with loved ones, for example, by writing personalized poems. And that's What's News for this week. Tomorrow, you can look out for our weekly markets wrap-up, What's News in Markets.

The 73-year-old McCann will still be moving too. He said he would remain chairman and focus on making new AI tools to help customers stay connected with loved ones, for example, by writing personalized poems. And that's What's News for this week. Tomorrow, you can look out for our weekly markets wrap-up, What's News in Markets.

Then for What's News Sunday, we'll have an episode of our Bold Names podcast for you, featuring the CEO of FanDuel's parent company, talking about the growing business of sports betting and how he's grappling with its potential harms. And we'll be back with our regular show on Monday morning. Today's show was produced by Anthony Bansi. Our supervising producer was Pierre Bien-Aimé.

Then for What's News Sunday, we'll have an episode of our Bold Names podcast for you, featuring the CEO of FanDuel's parent company, talking about the growing business of sports betting and how he's grappling with its potential harms. And we'll be back with our regular show on Monday morning. Today's show was produced by Anthony Bansi. Our supervising producer was Pierre Bien-Aimé.

Michael LaValle wrote our theme music. Aisha Al-Muslim is our development producer. Scott Salloway and Chris Sinsley are our deputy editors. And Falana Patterson is The Wall Street Journal's head of news audio. I'm Victoria Craig. Thanks for listening.

Michael LaValle wrote our theme music. Aisha Al-Muslim is our development producer. Scott Salloway and Chris Sinsley are our deputy editors. And Falana Patterson is The Wall Street Journal's head of news audio. I'm Victoria Craig. Thanks for listening.

Every day you're faced with millions of data points, making crucial research noisier than ever before. When every second counts, successful business decisions hinge on access to the right information at the right time. Utilize AlphaSense's AI search technology to extract critical market knowledge and insights in seconds, not hours. Outpace the competition today.

Every day you're faced with millions of data points, making crucial research noisier than ever before. When every second counts, successful business decisions hinge on access to the right information at the right time. Utilize AlphaSense's AI search technology to extract critical market knowledge and insights in seconds, not hours. Outpace the competition today.

Alpha Sense, powering the world's biggest decisions. Learn more by visiting alpha-sense.com.

Alpha Sense, powering the world's biggest decisions. Learn more by visiting alpha-sense.com.

Despite President Trump's demands, the Fed keeps rates steady and warns of increased economic uncertainty. Plus, Mickey Mouse heads to the Middle East as Disney plans a new theme park in the capital of the United Arab Emirates.

Despite President Trump's demands, the Fed keeps rates steady and warns of increased economic uncertainty. Plus, Mickey Mouse heads to the Middle East as Disney plans a new theme park in the capital of the United Arab Emirates.

And what U.S. spy agencies are up to in Greenland. It's Wednesday, May 7th. I'm Victoria Craig for The Wall Street Journal, filling in for Alex Osola. This is the PM edition of What's News, the top headlines and business stories that move the world today. The Federal Reserve has voted unanimously to keep its benchmark interest rate in the 4.25 to 4.5 percent range for the third straight month.

And what U.S. spy agencies are up to in Greenland. It's Wednesday, May 7th. I'm Victoria Craig for The Wall Street Journal, filling in for Alex Osola. This is the PM edition of What's News, the top headlines and business stories that move the world today. The Federal Reserve has voted unanimously to keep its benchmark interest rate in the 4.25 to 4.5 percent range for the third straight month.

It's the Fed's first rate decision since President Trump imposed a sweeping tariff package in April, much of which was later reversed. At a press conference following today's decision, Fed Chair Jerome Powell responded to a question from The Wall Street Journal saying tariffs presented continuing uncertainty.