Also, Israel attacks Iran and the Adani Group fights fraud allegations. Story Published at: January 30, 2023 at 09:03PM Continue Reading…
Your Tuesday Briefing: A Bombing in Pakistan
A Short Seller Costs an Indian Giant Billions
The Adani Group, the Indian conglomerate run by Asia’s wealthiest man, has gone on the offensive to fight fraud allegations by an American investor. Story Published at: January 30, 2023 at 01:00PM Continue Reading…
Tesla Bulls Are Back at the Wheel
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures. Story Published at: January 26, 2023 at 12:36PM Continue Reading…
A Short Seller Takes Aim at an Indian Corporate Giant
Hindenburg Research accused the Adani Group of orchestrating the “largest con in corporate history,” sending shares of its companies tumbling on Wednesday. Story Published at: January 25, 2023 at 01:14PM Continue Reading…
Live Nation Faces a Skeptical Senate
The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will be a big focus of an antitrust-focused hearing. Story Published at: January 24, 2023 at 12:44PM Continue Reading…
The Unknown Hedge Fund That Got $400 Million From Sam Bankman-Fried
After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder’s huge investment in Modulo Capital. Story Published at: January 24, 2023 at 10:00AM Continue Reading…
6 Podcasts to Help Navigate Your Career Path
Check out these shows whether you’re looking to start a business, pivot to a new industry or just better handle office politics. Story Published at: January 24, 2023 at 10:00AM Continue Reading…
Activist Investors Are Circling Salesforce
Elliott Management, the $55 billion hedge fund, has taken a big stake in the struggling tech giant, putting more pressure on its co-founder, Marc Benioff. Story Published at: January 23, 2023 at 12:18PM Continue Reading…
Is All That Clutter Pointless, or Comforting?
Readers discuss the pros and cons of clutter. Also: Finding a public bathroom in New York; casual work clothes; a contrast of poverty and wealth. Story Published at: January 22, 2023 at 02:30PM Continue Reading…
The Week in Business: The Debt Limit and Politics
Microsoft and Alphabet, the parent company of Google, both said they would cut thousands of jobs. And initial estimates of economic growth in the U.S. in the fourth quarter come out Thursday. Story Published at: January 22, 2023 at 12:00PM Continue Reading…