National: Breaking US News from CNBC

Soaring McDonald’s: The stock market loves all-day McMuffins, too
McDonald’s all-day breakfast menu helps push the fast-food chain to a record market high.

Powerball jackpot increases to $415 million
There was no jackpot winner in Wednesday night’s drawing, increasing the prize from $348 million to an estimated $415 million.

You don’t have to be a genius to contribute to science, entrepreneur says
23andMe’s co-founder wants people to know they do not have to be geniuses to pursue careers in science.

SeaWorld reports Q1 loss
SeaWorld Entertainment on Thursday reported a loss of $84 million in its first quarter.

Fed’s Kashkari says he does not expect US recession this year
Minneapolis Fed President Neel Kashkari on Wednesday said he expects the U.S. economy to grow at a moderate rate.

US jobless claims post largest rise in more than a year
The number of Americans filing for benefits jumped last week, but the underlying trend continued to point to a strengthening labor market.

Don’t be like Prince. Set up an estate plan now
Having a will is not just for multimillionaires. If you own personal property, you’ll need to make your wishes known.

Fed’s Bullard frets about US economy following Japan’s path
The official said he wants to raise rates — but that it seems the necessary conditions keep slipping away, The New York Times reports.

Black college students hit with an extra $7,700 to go to school, study finds
Low- and moderate-income blacks who borrow to attend college have almost $8,000 more in debt than whites, a study finds.

The food revolution that is minting millionaires
Americans’ insatiable appetite for organic food has sparked a gold rush in this retail sector.

Can GoPro make a comeback? Analysts are sour on the company
It’s make-or-break for GoPro. That’s how analysts now talk about its prospects after a nosedive in the stock price.

Why Apple might not find huge success in India
Apple is looking to India for growth, but skeptics say the tech giant will find it hard to dominate the world’s fastest growing smartphone market.

Every county in America is facing hunger: Report
Despite an improved economy, every single county in America is facing hunger, according to Feeding America.

Kentucky Derby: 10 things to know before you go
The 142nd running of the Derby is almost here. And if you think you’ll ever go, you should know how to do it right.

Earthquake expert: San Andreas fault ‘ready to roll’
A magnitude 7.8 earthquake on the San Andreas fault could cause $200 billion in damage, the Los Angeles Times reported.

Social CEO: Amazon naysayers don’t understand its cloud business
Amazon Web Service critics are “nontechnical people who don’t really understand what AWS is,” Chamath Palihapitiya says.

Hacker ‘Guccifer’: I got inside Hillary Clinton’s server
The hacker who first exposed Hillary Clinton’s private email address is saying he gained access to her server. NBC News reports.

Tribune Publishing rejects Gannett’s unsolicited takeover bid
Tribune Publishing said on Wednesday its board unanimously rejected Gannett’s unsolicited takeover offer.

Harvard retains top spot as Oxbridge slips in university rankings
The top ten most prestigious universities are mainly located in the U.S., according to new rankings out this week.

Rolling Stones ask Trump to stop playing their songs
The Rolling Stones have asked presumptive Republican presidential nominee Donald Trump to stop playing their songs at his campaign events.

Silicon Valley’s GOP elite hates Trump, but don’t know whether to vote for Hill
Silicon Valley is coming to terms with a new type of disruption: Donald Trump as the Republican Party’s presumptive presidential nominee.

GOP front-runner Donald Trump signals willingness to raise US minimum wage
Donald Trump said he was “open to doing something” with the country’s minimum wage.

Donald Trump: This is why I’m for low interest rates
Donald Trump also gave CNBC his thoughts on whom he might choose as his vice presidential running mate.

YouTube planning online TV service: Report
Alphabet’s YouTube is working on a paid subscription service that would offer customers a bundle of cable TV channels, according to reports.

Verizon makes its case to advertisers that AOL matters
Verizon pronounced its commitment to growing its media business through the AOL/go90s NewFront presentation.

Whole Foods Market up after it beats on earnings per share, misses on revenue
Whole Foods Market posted an earnings beat Wednesday on the back of record total sales for the quarter.

Eli Manning: What do you say to a 7-year old with cancer?
Eli Manning spoke at the SOHN Conference on Tuesday and spoke about his charitable work with young cancer patients.

North Carolina LGBT law violates civil rights: DOJ
The U.S. Justice Department says a North Carolina law that limits protections to LGBT people violates federal civil rights laws.

Here’s how much was spent to stop Trump
Groups opposing bombastic businessman have spent heavily to prevent his now likely Republican nomination.

New Takata air bag recall widens up to 40M more vehicles
A new Takata Airbag recall has increased to up to 40 million vehicles, impacting 23 percent of all U.S. vehicles.

MBIA hasn’t chalked up losses on Puerto Rico… yet
The New York insurer hasn’t yet taken a hit on Puerto Rico’s defaulted debt.

Here’s the good news, bad news for Twitter: Analyst
Twitter’s user base is stabilizing, but the company’s new ad products are cannibalizing its old ones, James Cakmak says.

Aeropostale files for Chapter 11 bankruptcy protection
The company said it would close 113 of its 739 U.S. stores and all 41 of its Canada stores, USA TODAY reported.

Medical error third-leading cause of deaths in US: Study
Research suggests that medical mistakes kill more people than any cause other than heart disease and cancer.

Trump like a heavily shorted momentum stock—this pro says beware of the squeeze
Don’t discount Donald Trump’s ability to surprise, says Jason Trennert of Strategas Research Partners.

Air rage is 4 times more likely when you get on this plane
Researchers at the University of Toronto and Harvard Business School suggest that air rage during flights is caused by inequality on airplanes.

Nissan recalls 108,000 Rogue SUVs over defective doors
The recall covers Rogues from the 2014 to 2016 model years. Nissan says there have been no incidents in the U.S.

CBS sees ad revenue jump 31 percent in Q1
Strong demand in the scatter market helped CBS see double-digit ad revenue growth in the first quarter.

Hedge funder Larry Robbins advises investors: ‘Just hang on’
The hedge fund titan is in a business known for risks, but he has some uncharacteristically conservative advice.

Under Armour bets big on baseball
Under Armour extended a contract for Washington Nationals’ Bryce Harper in what is reportedly a history-making deal.

John Kasich suspending campaign: Sources
Ohio Gov. John Kasich plans to suspend his GOP presidential run Wednesday, sources told NBC News.

What people Googled when Trump triumphed
Donald Trump’s victory over Sen. Ted Cruz may have made many people start searching online about the Libertarian Party

Trump White House could hurt US economy: Eastern Bank CIO
The likelihood of Trump becoming the GOP nominee compounds concerns about the economy, Michael Tyler says.

Don’t blame Obama, mergers are going strong as ever
Big companies may be targeted by the Obama administration in M&A, but others are just fine.

Whoa: Job growth slows more than expected in April
Private job creation slowed last month as firms added just 156,000 jobs in April, ADP said Wednesday.

These guys think they’ve discovered the secret to productivity
Andy Puddicombe and Rich Pierson want to help people become more productive by secularizing meditation.

US productivity falls in Q1, compensation increases
Productivity fell in the first quarter and costs rose at their fastest pace since 2014 as companies hired more workers to maintain output.

US trade deficit shrinks as goods imports hit five-year low
The U.S. trade deficit fell more than expected in March as imports of goods tumbled to their lowest level since 2010.

Trump is ‘unhinged’ but don’t discount him: Rendell
Bernie Sanders is wrong to rule out the possibility that Trump will be elected president, Democrat Ed Rendell says.

Anonymous attacks Greek central bank, says 30-day global hack to follow
The attack was “successfully tackled by the bank’s security systems,” an official at the bank said.

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