An IRS supervisor has told lawmakers he has information that suggests the Biden administration is improperly handling a Hunter Biden probe and is seeking whistleblower protections, according to people familiar with the matter. https://ift.tt/tL20sab

Russian drones hit infrastructure in the Ukrainian port city of Odessa overnight as the battle for control of Ukraine’s skies continued, with aerial attacks putting strains on the country’s air-defense network. https://ift.tt/jPbBe8g

The Supreme Court allowed the abortion pill mifepristone to remain on the market through Friday while the justices continue to weigh whether to block a lower-court order that would limit access to the drug. https://ift.tt/NXZgxq1

House Republican leaders unveiled legislation that would curb government spending and pare back some of Biden’s signature initiatives in exchange for an increase in the government’s debt ceiling. https://ift.tt/vOCwkoJ

The Dow fell 0.2% and the S&P 500 and Nasdaq ended nearly flat in a heavy day of corporate earnings. https://ift.tt/T6x45a1

GlobalFoundries has filed a lawsuit accusing IBM of misappropriating the chip maker’s trade secrets. https://ift.tt/ca1H7Sy

TSMC is pushing back onsome conditionsWashington has attached to chip-factory subsidies as the firm looks for up to $15 billion in government money. https://ift.tt/cvVDwYh

Tesla felt the pain of a recent wave of price cuts, as a reduction in the average price of its cars contributed to a 24% decline in first-quarter profit at the electric-vehicle maker. https://ift.tt/1StOx6Y

Morgan Stanley’s investment-banking revenue sank 24% in the latest quarter and the company’s results fell but beat estimates. Executives said they are focused on expense management. https://ift.tt/mrldoDk

The End of Netflix’s DVD Service: a Look Back at the Red-Envelope Era https://ift.tt/RijEgWt