Oil Prices Climb on Renewed Hostilities in Middle East
Oil prices jumped after the U.S. said it shot down four Iranian attack drones, casting doubt once again on the prospects for a peace deal.
Official News
Curated from top global sources
What Plunging Pork Prices Say About China’s Economy
A key measure of inflation in China, they hit a 16-year low, driven by anemic consumer spending and an oversupply of hogs.
Condé Nast Pays Over $400,000 to 3 Journalists Fired Over Protest
The former workers were among a group of employees who confronted the company’s head of human resources about layoffs last fall.
KFF’s Chief Executive to Retire
Drew Altman, who transformed KFF from a little-known family foundation to a major source of U.S. health policy research, will step down at t…
‘60 Minutes’ Journalist Who Accused CBS of Political Meddling Loses Her Deal
Sharyn Alfonsi, whose segment on a brutal Salvadoran prison was pulled abruptly in December, said that CBS News and its top editor, Bari Wei…
Ferrari’s First Electric Car Runs Into Backlash in Italy and Beyond
Memes mocked the new model, analysts questioned its appeal and investors sold the automaker’s stock. A former Ferrari chairman warned of …
Global Supply Shortages Deepen, Threatening Jobs and Growth
After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the brunt of the shor…
BP’s Ousted Chair Says He Was Wronged, Vowing to Challenge Accusations
Albert Manifold, who was abruptly fired less than a year after he was appointed, said he was let go “without explanation.”
Why Memory Chips Are Dominating the A.I. Rally
Three major producers — Micron, Samsung and SK Hynix — are now trillion-dollar companies. Politicians and Wall Street have taken notice.
Trump Wants to Create More Banks. Many Firms Are Heeding His Call.
Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for b…
Oil Prices Fall as Uneasy Truce Holds Between U.S. and Iran
Oil/Stocks/Gas hed
Xi Jinping Quit Smoking. China Still Cannot.
China’s tobacco monopoly has become so financially vital to the government that even its powerful leader has failed to curb the country’…