T-Bill Yields to Climb Further With Foreign Money Steering Clear
Foreign investors are ditching short-dated Treasuries, keeping the pressure on bill yields to climb higher.
Bloomberg Business
Goldman Is Cracking Down on Employees That Aren’t in Office Five Days a Week
Goldman Sachs Group Inc., one of Wall Street’s most ardent return-to-office champions, is cracking down on laggards.
Bankrupt Broadcaster Alleges JPMorgan Helped Sinclair Raid Unit for $929 Million
JPMorgan Chase & Co. was accused of helping Sinclair Broadcast Group raid its own local sports television unit for $929 million when that affiliate, Diamond Sports Group, was likely insolvent, according to a lawsuit made public Monday.
Schwab Selling $2.35 Billion Bond Amid Job, Real Estate Cuts
Charles Schwab Corp. is looking to raise fresh debt in the US investment-grade bond market, after revealing plans to cull jobs and close or downsize offices to curb costs.
Stocks Lose Traction After Megacap-Led Bounce: Markets Wrap
Stocks retreated after a technical rally in big tech, with traders bracing for Nvidia Corp.’s results — which are set to test Wall Street’s fervor around the artificial-intelligence hype.
Chinese Soybean Appetite Is Fading, Meat Producer Says
Chinese soybean demand growth is expected to wane in the next few years amid slower population growth and a change in the nation’s consuming habits, according to meat producer Wellhope Foods Co.
Target of European Space Debris Removal Mission Is Itself Hit by Space Debris
A piece of space debris being monitored by the European Space Agency as part of a mission to remove trash from space was hit by another piece of debris, splintering the object into more pieces.
Odey Is Shuttering an Emerging Markets Fund as Assets Shrink
Odey Asset Management is shutting an emerging markets fund as the firm continues to reorganize in the wake of sexual assault allegations against founder Crispin Odey.
Ukraine Recap: Zelenskiy Asks EU to End Grain Purchase Bans
Ukrainian President Volodymyr Zelenskiy said he told European Commission President Ursula von der Leyen that he wants to normalize his country’s grain exports by next month after several member states were allowed to block purchases.
Regeneron, J&J Get US Funding to Develop New Covid Vaccines, Treatments
Regeneron and Johnson & Johnson will receive millions of dollars in US government funding as part of a $5 billion initiative to develop next-generation vaccines and treatments for Covid-19.