Implats Profits Meet Lower End of Guidance
Impala Platinum reported sharply lower earnings for fiscal 2023 as production fell, and forecast a 6%-10% rise in costs this year. #press
UBS Begins Next Act in Credit Suisse Merger
UBS booked a record $29 billion net profit last quarter after it integrated Credit Suisse into its books. #press
Prosecutors are investigating Tesla's use of company funds on a secret project that had been described internally as a house for Chief Executive Elon Musk, people familiar with the matter said.
Prosecutors are investigating Tesla’s use of company funds on a secret project that had been described internally as a house for Chief Executive Elon Musk, people familiar with... #press
China's economy showed signs of weakness, as manufacturing activity shrank for the sixth straight month in August and services-sector activity slowed again.
China’s economy showed signs of weakness, as manufacturing activity shrank for the sixth straight month in August and services-sector activity slowed again. #press
Japan Looks to Boost Defense Budget by 13% and Add New Missiles
China tensions loom over $53 billion plan, which raises funds for long-neglected maintenance. #press
China's Economy Shows Fresh Signs of Weakness in Factories, Consumer Spending
Gauges of activity in China’s economy showed signs of weakness in August, heaping extra pressure on policy makers to revive crumbling growth. #press
China's economy showed signs of weakness, as manufacturing activity shrank for the sixth straight month in August and services-sector activity slowed again.
China’s economy showed signs of weakness, as manufacturing activity shrank for the sixth straight month in August and services-sector activity slowed again. #press
Chinese Steel Platform to Go Public in Hong Kong's First SPAC Merger
ZG Group has agreed to go public via a merger with a special-purpose acquisition company in what will be the first such deal to take place in Hong Kong. #press
EV Boom Remakes Rural Towns in the American South
A town of 400 people scrambles to prepare for 6,000 auto workers as a giant Ford plant rises. Locals are excited about the influx of jobs; officials worry about building enough homes and schools in time. #press
Pepper...and Salt
Pepper...and Salt #press
https://www.wsj.com/articles/pepper-and-salt-ef7312f?utm_source=press.coop
Salesforce shares rose after it said its profit expanded last quarter as it cut costs and leaned into new products that incorporate artificial intelligence.
Salesforce shares rose after it said its profit expanded last quarter as it cut costs and leaned into new products that incorporate artificial intelligence. #press
U.S. stocks rallied for a fourth straight session, with the S&P 500, Nasdaq and Dow advancing 0.4%, 0.5% and 0.1%, respectively.
U.S. stocks rallied for a fourth straight session, with the S&P 500, Nasdaq and Dow advancing 0.4%, 0.5% and 0.1%, respectively. #press
Prosecutors are investigating Tesla's use of company funds on a secret project that had been described internally as a house for Chief Executive Elon Musk, people familiar with the matter said.
Prosecutors are investigating Tesla’s use of company funds on a secret project that had been described internally as a house for Chief Executive Elon Musk, people familiar with... #press
Workers who make $55,000 a year or less would be eligible for time-and-a-half pay if they log more than 40 hours a week, under a rule proposed by the Biden administration.
Workers who make $55,000 a year or less would be eligible for time-and-a-half pay if they log more than 40 hours a week, under a rule proposed by the Biden administration. #press
Visa and Mastercard plan to raise the fees that many merchants pay when they accept customers' credit cards, according to people familiar with the matter and documents viewed by The Wall Street Journal.
Visa and Mastercard plan to raise the fees that many merchants pay when they accept customers’ credit cards, according to people familiar with the matter and documents viewed... #press
Ukraine launched its largest drone attack on military targets across Russia since the war began, disabling several military aircraft in a strike on the Pskov air base.
Ukraine launched its largest drone attack on military targets across Russia since the war began, disabling several military aircraft in a strike on the Pskov air base. #press
Reid Hoffman is scaling back his involvement in new deals at venture firm Greylock Partners as he spends more time pursuing artificial-intelligence efforts.
Reid Hoffman is scaling back his involvement in new deals at venture firm Greylock Partners as he spends more time pursuing artificial-intelligence efforts. #press
Five female professors at Vassar filed a lawsuit alleging the college discriminates against female faculty by slow-walking their promotions and paying them less than their male peers.
Five female professors at Vassar filed a lawsuit alleging the college discriminates against female faculty by slow-walking their promotions and paying... #press
Giuliani was found liable for defaming two Georgia election workers, setting the stage for a jury trial to determine how much money he must pay for spreading conspiracy theories about them fabricating ballots.
Giuliani was found liable for defaming two Georgia election workers, setting the stage for a jury trial to determine how much money he must pay for... #press
Mitch McConnell froze again during a media appearance, prompting new concerns about the Senate minority leader's health.
Mitch McConnell froze again during a media appearance, prompting new concerns about the Senate minority leader’s health. #press