Investors Pour 271 Billion
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Top stories - The New York Times
A Deluge of Rain Poured Out of the Heavens. But There’s Still No Drinking Water.
City officials have refused to provide estimates of when the devastated water system in Asheville, N.C., will be back in operation.4 hours ago -
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Business - CNBC
Activist firm Mantle Ridge has $1 billion-plus stake in Air Products
Air Products shares are badly underperforming the S&P 500 for a second straight year, and the company has suffered from leadership upheaval.9 hours ago -
Business - MarketWatch
Investors question Fed’s rate cut amid signs of faster economic growth
Something unexpected is happening on the road to the much-hoped-for soft landing in the U.S.: The growing possibility of an economic reacceleration, which handed Treasury yields their biggest ...10 hours ago -
Business - MarketWatch
Coeur Mining is using its high-flying stock to buy SilverCrest for $1.7 billion
Coeur Mining announced Friday an agreement in which the gold and silver miner is using its stock, that has more than doubled this year, to buy SilverCrest Metals in a deal valued at $1.7 billion.11 hours ago -
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Business - Financial Times
Thames Water risks falling behind on crucial equity raise, potential investors warn
Interested shareholders say they have been unable to access the books as troubled utility races to raise cash14 hours ago -
Business - MarketWatch
Humana’s stock ends a three-day selloff, but investors watching its bonds may have had a heads-up
Humana Inc.’s stock was up 2% Friday after three straight sessions of declines, but investors paying attention to the performance of its bonds on Thursday may have had something of a heads-up on ...14 hours ago -
Business - CNBC
Jim Cramer tells investors to put this chipmaker and this bank on their buy lists
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.15 hours ago -
Business - Financial Times
Shein’s elusive founder holds pre-IPO investor meetings in London
Sky Xu’s pitch comes as fast-fashion group still awaits regulatory approvals15 hours ago -
Business - CNBC
Helene recovery could cost $34 billion. Here's who might pay for it.
President Joe Biden said Monday that he may have to call on Congress to end its recess early to pass more disaster relief.16 hours ago -
Business - MarketWatch
Bank of America investor sentiment gauge sees biggest rise in 11 months
Bank of America’s bull and bear indicator just saw its biggest rise in 11 months, a sign of growing if not yet bubbly investor sentiment.20 hours ago -
Business - Financial Times
Battery storage funds have gone flat for investors
Rollout of clean energy technology has been fraught21 hours ago -
Business - MarketWatch
Gen Z investors — and this surprising age bracket — are doubling down on tech stocks
A survey found that 68% of Gen Z and 55% of Silent Generation investors increased their positions in tech stocks in the third quarter.21 hours ago -
Business - CNBC
Hong Kong markets resume rally as investors weigh China stimulus, oil gains
Asia-Pacific markets traded mixed on Friday, though Hong Kong's Hang Seng index is up over 2%, resuming its rally.23 hours ago - China -
Top stories - CBS News
Trump-backed mass deportations would cost billions, report says
Former President Donald Trump has long shared plans for mass deportations if he returns to office, but how much would that cost? A new report from the American Immigration Council has some ...Yesterday - Donald Trump -
Business - MarketWatch
Investors fearing a scary start to October should focus instead on Friday’s jobs report
Jobs data still holds sway when it comes to the Fed and interest rates, making it crucial to a jittery marketYesterday -
Business - MarketWatch
Why Skittles, Cheez-Its and other snacks could get more expensive with this $36 billion merger
Consumer advocate group says the merger between Mars and Kellanova would create yet another massive player in the food industry, restricting competition and giving the combined company more leeway ...Yesterday -
Business - CNBC
Trump Media COO quits; DJT turns over more shares to SPAC investor in court fight
Andrew Northwall was COO of Trump Media, the Truth Social operator majority owned by Donald Trump that trades as DJT on the Nasdaq.Yesterday - Donald Trump -
Business - CNBC
OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
On top of its latest funding round, OpenAI has put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion.Yesterday -
Business - MarketWatch
Why Open AI’s $100 billion 2029 revenue target seems like a tech fever dream
Being at the cutting edge doesn’t necessarily bring financial success.Yesterday -
Business - Inc.
OpenAI Asks Investors to Avoid Five AI Startups, Including Sutskever’s SSI
The market leader in generative AI applications is asserting its dominant position to secure exclusive financial commitments from financial backers.Yesterday -
Business - MarketWatch
As Nvidia’s stock rises again, this stat shows investors aren’t overly bullish
The majority of active managers tracked by BofA have Nvidia positions — but the stock’s relative weighting in funds is still not aggressive, which could come as some relief.Yesterday -
Business - Inc.
U.S. Funds Four Power Grid Projects With $1.5 Billion
The money comes from the 2021 bipartisan infrastructure law and will fund 1,000 miles of new transmission lines in Louisiana, Maine, Mississippi, New Mexico, Oklahoma and Texas.Yesterday -
Tech - The New York Times
OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round
The San Francisco company is gathering the billions its executives believe they will need to continue building new A.I. technology.Yesterday -
Business - MarketWatch
Tesla’s deliveries didn’t live up to the hype. What investors should watch next.
One analyst sees the upcoming Robotaxi event as “the next potential catalyst” for Tesla’s stock, while another senses some anxiety around it.Yesterday -
Business - CNBC
Buffer ETFs can shield investors from some losses. Here's what to know before investing
Buffer ETFs can limit losses while capping upside potential. Here's what investors need to know before buying.Yesterday -
World - The New York Times
A Climate Fund Could Pay Billions to Protect Trees in Amazon and Beyond
Brazil is proposing a fund that would pay countries to protect tropical forests that are crucial to curbing climate change. It would generate returns, too.Yesterday - Climate -
World - Financial Times
Retail investors can sustain China’s market bounce
Beijing’s stimulus efforts may not be enough to win over battered foreign investorsYesterday - China