Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:24
Disney’s Failing ‘Wish’ Shows Iger Also Has a Princess Problem
Walt Disney Co.’s Wish was supposed to celebrate the 100th anniversary of the company that invented animated princess
2023-11-29 18:59
OECD Warns Global Economy Risks Losing Momentum
The world’s advanced economies are heading into a deepening slowdown as markedly higher interest rates take a hefty
2023-11-29 18:21
Global Bonds Surge Toward Best Month Since 2008 Financial Crisis
Global bonds are soaring at the fastest pace since the 2008 financial crisis. A Bloomberg gauge of global
2023-11-29 14:57
Jack Ma Urges Alibaba to ‘Correct Course’ in Rare Internal Memo
Jack Ma urged Alibaba Group Holding Ltd. to correct course in a surprise internal memo, in which the
2023-11-29 13:49
Dollar Drops to Near Four-Month Low on Bets of Fed Rate Cuts
The dollar slid to the weakest level since early August as swap traders ramp up bets the Federal
2023-11-29 11:26
Hit App Temu Weighs Super Bowl Return as Shein Rivalry Heats Up
Temu, the bargains shopping app that in just over a year has overtaken Shein in the US, is
2023-11-29 09:53
Milei Meets US Officials, IMF in Post-Victory Washington Visit
Argentine President-elect Javier Milei met with US officials days ahead of his inauguration as the libertarian looks to
2023-11-29 09:52
PDD Surges 18% After Hit App Temu Wrests Shoppers From Shein
PDD Holdings Inc. surged 18% after reporting a stronger-than-anticipated doubling in revenue, as hit shopping app Temu ramped
2023-11-29 08:16
Dollar Weakens, Treasuries Rally on Fed Pivot Bets: Markets Wrap
The dollar weakened and Treasuries extended their November rally on speculation the Federal Reserve is done with interest-rate
2023-11-29 07:54
Shein’s IPO Plan to Fuel Scrutiny Over Cotton, Roots in China
Fast-fashion retailer Shein has a lot of work to do to convince skeptics that the runway is clear
2023-11-29 05:54
Milei’s Embrace of Judaism Seals Argentina Pro-Israel Stance
Javier Milei’s incoming administration is shaping up to be one of the most pro-Israel governments in Argentina’s history,
2023-11-29 04:24