The attacks on crucial shipping traffic in the Red Sea straits by a determined band of militants in Yemen — a spillover from the Israeli-Hamas war in Gaza — is injecting a new dose of instability into a world economy already struggling with mounting geopolitical tensions. The risk of escalating conflict in the Middle East […]
The wrinkles in a potential media merger Media deal makers aren’t waiting until 2024 to get started on potential big-ticket M.&A. News that David Zaslav, the C.E.O. of Warner Bros. Discovery, expressed interest in combining with Paramount set tongues wagging about a possible union of Hollywood’s top deal candidates. But it’s unclear whether this will […]
Of course, some companies, even before the pandemic, were trying to avoid celebrations that were raucous or boozy. Roy Bahat, a venture capital investor with Bloomberg Beta, has held a holiday party for start-ups since 2014, called Startup Festivus, on the first Friday of December from 3 to 6 p.m., so people can get home […]
Higher for (not much) longer The “everything rally” has gone global, sending stocks and bonds soaring in Asia and Europe and lifting U.S. stock futures, after investors got their clearest signal yet that the Fed would begin cutting interest rates soon. Hopes are growing, too, on Thursday that other central banks will follow suit. The […]
Ohtani, though, is beating the Americans on their own terms. “He can hit a home run 500 feet and throw a ball 100 miles per hour, and he’s bigger and stronger than most Americans,” said Robert Whiting, who has written several books on baseball in Japan, including “You Gotta Have Wa.” Ohtani’s Ruthian contract might […]
Russia’s intelligence service has carried out a yearslong cyberattack campaign against high-profile politicians, civil servants, journalists and others, according to the British government, as part of what it called “unsuccessful attempts to interfere in U.K. political processes.” The announcement, part of a joint action with allies including the United States, which announced related indictments and […]
In January, more than 100 financial sleuths were dispatched to the Guangzhou headquarters of China Evergrande Group, a real estate giant that had defaulted a year earlier under $300 billion of debt. Its longtime auditor had just resigned, and a nation of home buyers had directed its ire at Evergrande. Police on watch for protesters […]
The Biden administration’s crackdown on methane leaks from oil wells is based in part on a new powerful policy tool that could strengthen its legal authority to cut greenhouse gas emissions across the entire economy — including from cars, power plants, factories and oil refineries. New limits on methane, announced Saturday by the Environmental Protection […]
The Biden administration has been trying to jump-start the domestic supply chain for electric vehicles so cleaner cars can be made in the United States. But the experience of one Texas company, whose plans to help make an all-American electric vehicle were upended by China, highlights the stakes involved as the administration finalizes rules governing […]
Losing the Fear At first, Sept. 11 seemed like the worst thing that could happen, but it turned out to be just the beginning. “There were lots of hard moments,” Ms. Woroniecka said. “Obviously 2008. Barneys going bankrupt — that was 25 percent of our wholesale revenue. Covid was a big one.” It wasn’t only […]
