Russia strikes Kiev, killing a large number of civilians as peace talks stall.
Plus, it's a bumper earnings day with some tech companies already warning of the tariff impact.
And President Trump rebuffs plans for a millionaire tax,
even as new data shows the wealthiest Americans just keep getting richer.
So if you're looking at the wealthiest,
the top 0.1% of American households got richer by an average 3.4 million a year.
It's Thursday, April 24th.
I'm Kate Bullivant for The Wall Street Journal, filling in for Luke Vargas.
And here is the AM edition of What's News,
the top headlines and business stories moving your world today.
Russia has killed nine and injured 70 people in its biggest aerial bombardment of Ukraine's capital this year.
The assault came just hours after the US pulled out of talks to end the war,
after Ukrainian President Volodymyr Zelensky said US recognition of Crimea as Russian territory was a non-starter.
President Trump yesterday hit out at Zelensky for failing to accept the peace proposal.
He has largely refrained from criticising Russia.
Ukraine agreed to a full ceasefire proposal by the US in March,
but Russia declined, with Moscow having intensified mass killings of civilians in recent weeks.
Zelensky has said a ceasefire should be implemented before further talks on a peace deal can take place.
Meanwhile, a day after the scheduled London talks,
representatives from more than 60 countries are gathering in the British capital this morning for a major energy security summit.