Latest in Icahn’s Investment Arm’s
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Indonesia blocks Apple iPhone 16 sales over lack of investment
Marketing and sale of model prohibited after tech giant fails to meet rule 40% of phones be made from local parts. Indonesia has prohibited the marketing and sale of the iPhone 16 model over ...World - The Guardian - October 28 -
US cements rule to limit high-tech investments to China
The Treasury Department cemented a final rule on Monday that limits those in the United States from investing in certain technologies to China that could bolster the nation's military and threaten ...Politics - The Hill - October 28 -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Biden to unveil $3 billion investment in U.S. ports in Baltimore
President Biden will announce initiative to modernize ports across the U.S. and improve working conditions for dockworkers.Top stories - CBS News - October 29 -
Australia to invest $12bn in missile manufacturing amid China’s rise
Canberra has prioritised domestic capabilities in defence strategy overhaul to meet ‘missile age’World - Financial Times - October 30 -
UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - October 30 -
3 gold investing mistakes beginners should avoid this November
Considering a gold investment now amid the record price surge? Here are three timely (but costly) mistakes to avoid.Top stories - CBS News - October 30 -
DoorDash keeps investing in expansion, as more consumers use platform in third quarter
DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving service.Business - MarketWatch - October 31 -
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - October 31 -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - October 31 -
Morgan Stanley is launching an investing index tied to sports leagues
Sports have proven to be an attractive and growing asset class as valuations have skyrocketed over the past decade.Business - CNBC - October 31 -
John McQuown, Who Pioneered Index Funds and Transformed Investing, Dies at 90
The Illinois native jumped from family farm to mechanical engineering and then led a ‘Manhattan Project’ of finance.World - The Wall Street Journal - October 31