Energy Crisis Roils Kepco and Local Debt Market
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Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Tech, Media & Telecom Roundup: Market Talk
Find insights on Bumble, L3Harris, Pearson, and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - Business -
Tech, Media & Telecom Roundup: Market Talk
China Telecom, Bilibili and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
The Lex Newsletter: AI spending plans are spooking the market
Microsoft is the company showing most tangible proof of AI revenue generation from hefty investmentsFinancial Times - Business -
The Biden administration is consolidating approval authority over big power-grid projects to accelerate upgrades and provide access to a gusher of new clean-energy projects.
The Biden administration is consolidating approval authority over big power-grid projects to accelerate upgrades and provide access to a gusher of new clean-energy projects.The Wall Street Journal - World - Joe Biden -
‘I racked up $45,000 in credit-card debt doing home repairs’: Should I refinance my $1.5 million house — or take out a personal loan to pay it off?
“We live in a very strong housing market in Los Angeles so we’re not worried about it losing value.”MarketWatch - Business -
10 years after Flint's lead water crisis began, a lack of urgency stalls 'proper justice'
FLINT, Mich. — Ten years ago, smiling politicians posed for cameras while pushing a button, swapping the main tap water source for this majority-Black, impoverished city to the Flint River — the untreated water that started flowing from residents’ ...NBC News - Top stories -
10 years after Flint's lead water crisis began, a lack of urgency stalls 'proper justice'
FLINT, Mich. — Ten years ago, smiling politicians posed for cameras while pushing a button, swapping the main tap water source for this majority-Black, impoverished city to the Flint River — the untreated water that started flowing from residents’ ...NBC News - Politics -
Nature destruction will cause bigger economic slump in UK than 2008 crisis, experts warn
Green Finance Institute report said further pollution could cut 12% off GDP by 2030s. The destruction of nature over the rest of the decade could trigger a bigger economic slump in Britain than those caused by the 2008 global financial crisis and ...The Guardian - World - United Kingdom -
Affordable senior housing faces crisis-level demand and scarce supply: 26,000 applications for 84 units
“It’s one of the worst environments of housing availability.”MarketWatch - Business -
Middle East crisis live: US and other countries link ‘immediate ceasefire’ to hostages’ release
White House releases joint letter signed with 17 other countries saying such a deal would lead to the ‘credible end of hostilities’. Here are some of the scenes in Jerusalem, where people, including Israeli interior security minister Itamar ...The Guardian - World -
Michigan doctor who revealed Flint water crisis now takes on child poverty
Mona Hanna-Attisha launched a program to provide funds during a newborn’s first year – and wants to replicate it across the country. Flint residents grapple with water crisis a decade later: ‘If we had the energy left, we’d cry’In 2015, Dr Mona ...The Guardian - World -
"Little Miss Flint" Mari Copeny reflects on tackling water crisis since 8 years old
Mari Copeny, widely known as "Little Miss Flint," brought national attention to the Flint water crisis when she met then-President Barack Obama in 2016 at just 8 years old. She tells CBS News about her continued fight for clean drinking water in ...CBS News - Top stories -
Pediatrician on lessons from Flint water crisis: "Flint has opened our eyes"
Pediatrician Dr. Mona Hanna-Attisha, whose work has spurred official action on the Flint water crisis, told CBS News that it's stunning that "we continue to use the bodies of our kids as detectors of environmental contamination." She discusses ...CBS News - Top stories -
The cost of living crisis has made the UK a poorer, more anxious nation – and worse is yet to come | Andy Beckett
Instead of buy-one-get-one-free offers, everyday life now involves carefully comparing prices and feeling increasingly powerless . Under capitalism, prices are supposed to be the centre of everything. They are the key agreement between buyer and ...The Guardian - World - United Kingdom -
Middle East crisis live: it could take 14 years to clear Gaza Strip of rubble and unexploded bombs
War has left estimated 37m tons of debris in area, requiring years of work with ‘100 trucks’, says UN official. See all of our Israel-Gaza war coverageA premature Palestinian infant, rescued from her mother’s womb by an emergency caesarean section ...The Guardian - World -
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
With revenues having more than doubled since 2019, to $10bn, US pharma group targets painkillersFinancial Times - World -
How hurricanes threaten forests — and the carbon markets that depend on them
A single hurricane barreling into New England forests can undo decades of carbon storage, a new study has found. As climate change heats oceans and fuels hurricanes, worsening storms with higher-speed winds are reaching ever deeper into the ...The Hill - Politics -
Lots of Italy, on Many Collectible Plates
Buon Ricordo plates were introduced 60 years ago at restaurants in Italy. The hand-painted ceramics can now be found at design trade shows and fancy décor stores.The New York Times - Lifestyle -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
Diamond market shows serious cracks from man-made stones
Miners are battling to whittle down the oversupply of gemsFinancial Times - Business -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
How Pastor Chad Nedohin Helped Turn Trump Media Into a Meme Stock
Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.The New York Times - Business - Donald Trump -
Rockford Is Now America's Top Housing Market After an Improbable Turnaround
The Illinois metro area, west of Chicago, was one of nearly a dozen in the Midwest ranking among the top 20.The Wall Street Journal - World -
See the Full List for the WSJ/Realtor.com Housing Market Ranking
How metro areas across the U.S. stack up in the newly updated 2024 rankings.The Wall Street Journal - World -
Jim Cramer's top 10 things to watch in the stock market Thursday
Wall Street is looking lower, especially the Nasdaq on Meta Platforms' earnings-driven 15% slide and higher inflation data.CNBC - Business -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Why chipmakers are the stars of the week, plus Cramer's read-through on 3 reports
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
San Francisco Buyers Bring Its Luxury Housing Market Back to Life
A recovery is under way in the Bay Area, as interest-rate shock finally wears off and stock-market gains fuel high-end home salesThe Wall Street Journal - World - San Francisco -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - World -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth
Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.CNBC - Business -
Tesla among electric carmakers forced to cut prices as market stalls
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary. Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, ...The Guardian - World - Tesla -
Jim Cramer's top 10 things to watch in the stock market Friday
Wall Street holds onto gains as rising bond yields take a breather Friday.CNBC - Business