Paul Singer Says World More Perilous Than Markets Pricing In
Elliott Investment Management founder Paul Singer said the world is much more perilous than markets are pricing in and that investors should be more worried.
NYC Should Brace for Snow’s Comeback Despite El Niño-Fueled Mild Winter
The northern US is on track for a mild winter, though New York and other East Coast cities should brace for the return of heavy snow storms after last winter’s virtually flake-free season.
Google, Meta and Apple Win US Approval for Mobile VR Devices
Alphabet Inc.’s Google, Apple Inc. and Meta Platforms Inc. won approval from US regulators to deploy a new set of mobile virtual- and augmented-reality devices, including goggles and in-car connections.
Google, Meta and Apple Win US Approval for Mobile VR Devices
Alphabet Inc.’s Google, Apple Inc. and Meta Platforms Inc. won approval from US regulators to deploy a new set of mobile virtual- and augmented-reality devices, including goggles and in-car connections.
Venezuelan Sanctions Relief Is Set to Redirect Oil Flows
The resumption of unimpeded Venezuelan oil exports after the US eased sanctions will mark yet another major reshuffle to global crude flows in the past two years.
Mexico Airport Operators to Boost Government Payment to 9%
Mexico’s three airport operators agreed to almost double the contributions they pay the government, adding hundreds of millions of dollars in costs, in a deal to placate President Andres Manuel Lopez Obrador after he criticized the industry’s profit margins.
L’Oreal Sales in North Asia Hit by Slump in Travel Retail
L’Oreal SA sales in the region that includes China unexpectedly fell in the third quarter as the cosmetics maker grappled with a challenging travel retail market.
Manchin Vows Mountain Valley Pipeline Completion After Delays Announced
West Virginia Senator Joe Manchin vowed the Mountain Valley Pipeline would be completed after the project’s owner Equitrans Midstream Corp. announced new delays and cost overruns for the controversial project.
Tesla Valuation Looks ‘Unsustainable’ as Price Cuts Take a Bite
Tesla Inc.’s price cuts this year show customers are no longer willing to pay a premium for its vehicles. That raises a key question on Wall Street: Does its lofty stock-market valuation make sense anymore?
Audemars Piguet Pulls Watch From Charity Auction Amid Governance Questions
Swiss watchmaker Audemars Piguet withdrew its donation of a unique timepiece from the upcoming Only Watch auction in Geneva after questions surfaced about the charity’s governance practices.