Bondholders Start to Pay the Price of Codelco’s Copper Woes
Codelco’s plunging production has deprived the global market of copper and Chilean state coffers of much needed revenue.
2023-08-05 01:53
Muni Bank Loans Top $200 Billion to Near Record
State and local governments are increasingly turning to banks for capital during financial distress and market volatility. Outstanding
2023-08-05 01:50
Block Shares Drop Most Since March After Earnings Disappointment
Block Inc., Jack Dorsey’s payments company, tumbled as much as 14% after reporting results that fell short of
2023-08-05 01:16
Struggling US Sectors Trim Work Hours Rather Than Slash Payrolls
US employers in struggling sectors such as manufacturing are reducing hours rather than resorting to aggressive job cuts,
2023-08-05 00:51
Buffett-Backed Nubank Bets on Mexico for ‘Pivotal’ Growth
Nu Holdings Ltd., the Brazilian digital bank that counts Warren Buffett’s Berkshire Hathaway Inc. among its biggest stockholders,
2023-08-05 00:24
Ex-Goldman Banker Roger Ng Gets 30-Day Delay to 1MDB Prison Sentence
Former Goldman Sachs Group Inc. banker Roger Ng was granted a last-minute postponement of his 10-year prison sentence
2023-08-04 23:58
Hollywood Writers, Studios Trade Barbs Ahead of Renewed Talks
Screenwriters and the group representing big Hollywood studios are scheduled to resume talks about a new contract on
2023-08-04 23:29
Stellar Earnings Aren’t Enough to Juice Stock Prices
A strong earnings season for technology companies is going largely unrewarded in a stock market that has already
2023-08-04 22:29
SocGen Explores Strategic Options for Asset Custodian Unit
Societe Generale SA is exploring strategic options for its asset custodian unit, including a sale, as part a
2023-08-04 22:26
Telus Seeks to Slash 6% of Its Workforce as Profit Slides
Telus Corp. said it’s seeking to eliminate 6,000 jobs, or 6% of its workforce, after posting second-quarter profit
2023-08-04 21:52
World’s Biggest Offshore Wind Turbine to Rise Next Week in US
About 15 miles south of Martha’s Vineyard, Massachusetts, a massive structure emerges from the Atlantic Ocean. Nearby it
2023-08-04 21:21
Canada’s Economy Sheds Jobs But Wage Growth Stays High
Canada’s economy unexpectedly shed jobs last month, signaling a softening labor market at the beginning of the second
2023-08-04 21:18