Ozempic Fear in Food and Drink Stocks Has ‘Gone Overboard,’ RBC Says
The stocks rout fueled by the frenzy around a new class of weight-loss drugs is starting to make
2023-10-21 02:47
Big Banks Get a Breather to Respond to Planned Capital Mandates
Top US financial regulators on Friday delayed a deadline for comments on their sweeping plan to impose tighter
2023-10-21 01:27
Law & Order creator Dick Wolf implores UPenn president to quit
Dick Wolf, the creator of "Law & Order," wrote a letter to Liz Magill pleading with her to step down as president of the University of Pennsylvania.
2023-10-21 01:20
Russia Considers Extra Gas Tax to Finance Subsidies for Oil Refiners
Russian authorities are considering raising the tax burden on the nation’s gas industry to help finance a return
2023-10-21 01:20
Naira Official Rate Sinks to Near 1,000 on Scramble for Dollars
The naira slid to the brink of 1,000 per dollar in a fresh low in the official market
2023-10-20 23:50
BlackRock-Backed Navigator Scraps US Corn Belt CO2 Pipe Plan
A BlackRock Inc.-backed plan to build a pipeline that would capture carbon emissions from the US corn ethanol
2023-10-20 23:47
European Gas Wavers Near €50 on Fears of Wider Mideast Conflict
European natural gas fluctuated amid concerns that the conflict in the Middle East will widen and affect global
2023-10-20 23:27
Petrobras Lifts Diesel on Mideast Crisis; Cuts Gasoline
Brazil’s state-controlled oil company Petroleo Brasileiro SA raised domestic diesel prices, saying it is concerned that the conflict
2023-10-20 23:22
Canada Retail Sales Are Flat, Cementing October Rate Pause
Canadian consumers are tightening their purse strings, cementing a case for the Bank of Canada to hold interest
2023-10-20 23:16
Israel's war with Hamas comes to corporate America
From ESG investing (Blackrock), to gay rights (Disney), to Donald Trump after the Capitol riots (mainstream corporate America), companies routinely take a stand. Sometimes, as with Nike and Colin Kaepernick, it helps their bottom line. Sometimes, it does the opposite — think Bud Light's support of transgender rights.
2023-10-20 22:55
Steel Talks Stall Before US-EU Summit, Risking Tariff Return
The US and European Union failed to reach an accord on steel and aluminum ahead of a summit
2023-10-20 21:52
Bitcoin Climbs Back Above $30,000 Before Latest Grayscale Ruling
Bitcoin topped $30,000 for the second time this week on growing expectations that another favorable court action raises
2023-10-20 20:29