Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan. Story Published at: February 9, 2023 at 12:50PM Continue Reading…
Bob Iger’s Turnaround Plan Takes Shape
Carlyle Taps a Former Goldman Executive to Fill Its Leadership Void
The private equity giant has fallen behind rivals in fundraising in recent months, and its stock has underperformed the broader market. Story Published at: February 6, 2023 at 12:28PM Continue Reading…
Tech Earnings Give a Wake-Up Call to Investors
Apple, Amazon and Alphabet all reported disappointing quarterly results, as they emphasized efforts to cut costs in the face of an economic slowdown. Story Published at: February 3, 2023 at 01:08PM Continue Reading…
Wall Street Has a Lot Riding on the Fed’s Rate Decision
Stocks and bonds are on an impressive run so far this year, driven by hopes the Federal Reserve will slow down, or even pause, its interest rate increases. Story Published at: February 1, 2023 at 01:12PM Continue Reading…
Your Tuesday Briefing: A Bombing in Pakistan
Also, Israel attacks Iran and the Adani Group fights fraud allegations. Story Published at: January 30, 2023 at 09:03PM Continue Reading…
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…