Post Malone Buys the One-Of-A-Kind 'One Ring' Trading Card for $2 Million
A unique trading card that spawned a frenzied search and multiple seven-figure offers has been sold to pop singer and rapper Post Malone for $2 million. #press
Warner's Streaming and Ad Misses Outweigh Its Huge Hit
Warner Bros. Discovery and its studio peers need Hollywood to get back to work, even if it costs them. #press
What is Happening in Niger? What to Know About the Coup
Ouster of Niger’s elected president in the U.S. counterterrorism ally in West Africa has prompted threats of a military intervention. #press
https://www.wsj.com/articles/niger-coup-embassy-evacuation-africa-33d18bc?utm_source=press.coop
Bud Light's Plan to Win Back Drinkers: Stick to Beer
AB InBev outlines financial fallout from the Dylan Mulvaney debacle but says Americans remain favorable toward Bud Light. #press
https://www.wsj.com/articles/ab-inbev-bud-q2-earnings-report-2023-90a57dee?utm_source=press.coop
'Thunderclap' Review: A Dutch Artist's Luminous Legacy
The 17th-century painter Carel Fabritius died in a massive gunpowder explosion. An art critic inherits her fascination with his work—and life—from her artist father. #press
Why ChatGPT Is Getting Dumber at Basic Math
Artificial-intelligence chatbots have stoked fears they could spin out of control, but they also suffer from a type of deterioration called ‘drift.’ #press
Harris Williams Hires Credit Suisse Executive to Lead Europe Secondary Team
The investment bank is setting its sights on Europe, after adding a U.S. secondary-advisory team through a merger with Sixpoint Partners in April. #press
Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal
The Tel Aviv-based firm is embroiled in an alleged multibillion-dollar fraud involving faked letters of credit, and may fire its founders. #press
Sterling Could Benefit From Weaker Dollar in 4Q, Fall Versus Euro
Sterling could rise in the fourth quarter as the dollar is projected to fall towards the end of 2023. #press
Sterling Could Benefit From Weaker Dollar in 4Q, Fall Versus Euro
Sterling could rise in the fourth quarter as the dollar is projected to fall towards the end of 2023. #press
Stablecoins Offering Less Stability for Coinbase
Declining interest revenue from stablecoins is one of many headwinds for the crypto exchange. #press
Importing Laptops Into India Will Now Require a Permit
India is making it harder to import laptops, tablets and other consumer-electronics devices to boost local manufacturing and curb imports from China, government and industry officials said. #press
Hiring Has Stayed Strong. Here's Where to Look for Signs of Cooling.
Economists estimate that U.S. employers added 200,000 jobs in July and that unemployment held steady at 3.6%. #press
Niger Coup Leaders End Military Cooperation With France
The new junta’s move to cut ties with Niger’s former colonial power came amid threats of a military intervention by other West African states. #press
Warner Bros. Discovery to Make Sports and News Available on Streaming
Warner Bros. Discovery said it is working on bringing news and live sports to U.S. streaming platforms—a balancing act as it looks to increase its subscriber base without cannibalizing its ailing TV networks. #press
Credit Agricole Profit Jump as Insurance Lifts Revenue
Credit Agricole reported a second-quarter net profit of €2 billion on sales that rose 19%, boosted by insurance income, with €1 billion in net inflows at its asset-management business. #press
WPP Cuts Guidance After Profit Slump
WPP sees like-for-like growth in revenue of 1.5%-3% in 2023, with headline operating profit margin still expected to be around 15%, after it reported a below-forecast profit for the first half hit by a slowdown in U.S. tech spending. #press
Amazon Delivers Surprisingly Strong Profit
The results cap earnings reports by other tech giants showing improving health in a range of businesses, though demand in some areas remains soft. #press
https://www.wsj.com/articles/amazon-amzn-q2-earnings-report-2023-22882e63?utm_source=press.coop
Albemarle to Pay $218.5 Million to Settle Foreign Bribery Probe
Albemarle reached an agreement in principle with U.S. authorities to pay a $218.5 million fine to resolve an investigation into potential improper payments by third-party sales representatives, the chemicals manufacturer said. #press
We're Retired and Healthy. But How Do We Plan for Our Decline?
An accident on vacation was an unpleasant reminder that retirement won’t always be like this. #press
https://www.wsj.com/articles/retirement-health-money-planning-illness-698b5484?utm_source=press.coop