China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring
China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts,...
PRO
WeWork Raises Doubt About Its Survival
WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and...
Mining Deploys Innovative Tech to Find Copper, Other EV Metals
Miners are turning to machine learning, cutting-edge chemistry and other innovative means to increase the supply of critical materials such...
WSJ News Exclusive | FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges
The failed crypto company is in initial discussions with investors about relaunching its international exchange. Source link
New Zealand Economy Well Placed to Handle Surge in Rates, RBNZ Says
SYDNEY—New Zealand’s financial system is well placed to handle rising interest rates and uncertainty in the international financial system, the...
WSJ News Exclusive | Johnson & Johnson’s Talc Plan Spotlights Chapter 11 Voting Power
Johnson & Johnson’s latest plan to resolve mass cancer lawsuits through bankruptcy could force some cosmetic-talc users and their lawyers...
J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court
A federal appeals court in Philadelphia rejected Johnson & Johnson ‘s use of chapter 11 bankruptcy to freeze roughly 40,000...
Top Fed Official Sees Inflation Decline as Notable Improvement
A top Federal Reserve official said the recent decline in inflation was an important development that could raise questions over...
FTX Says It Has Located More Than $5 Billion in Cash, Liquid Assets
Bankrupt cryptocurrency exchange FTX said it has located more than $5 billion in cash and other liquid assets and is...
Fed’s Barkin and George Say Inflation Fight Isn’t Over Despite Promising Signs
Inflation readings have been encouraging recently, but the Fed’s fight against rising prices isn’t over, the leaders of the Richmond...
Fed Official Sees Progress on Inflation, Says More Rate Rises Needed
The Federal Reserve’s short-term benchmark rate isn’t yet at a level high enough to sufficiently slow the U.S. economy to...
Retiring Fed President Challenged the Consensus Inside Central Bank
The Federal Reserve is set to lose one of its more diligent skeptics when Esther George, president of the Federal...
After a Bumpy Year, Renewable Energy Looks Poised for Boom Times
The future has never been brighter for renewable energy, as some of the snags that kept wind and solar production...
Microsoft Pledges to Put ‘Call of Duty’ on Nintendo Switch If Activision Deal Is Approved
TechThe move is the software giant’s latest concession aimed at convincing antitrust regulators in the U.S. and abroad to sign...
BlockFi Says It Is Different From FTX, Affirms Efforts to Return Customer Funds
BlockFi Inc. told a U.S. bankruptcy court on Tuesday it was blindsided by cryptocurrency exchange FTX’s rapid demise and would work to repay creditors...
Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December
The October inflation report is likely to keep Federal Reserve officials on track to approve a half-percentage-point interest-rate increase next...
Startups Look to Scoop Up Laid-Off Tech Workers
Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market following...
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
U.S. Wages Rose Rapidly in Third Quarter, Keeping Pressure on Inflation
Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate...
WSJ News Exclusive | Fast-Fashion Juggernaut Shein’s Sales Close In on Zara, H&M
Online retailer Shein is on track to generate revenue of $24 billion this year, according to people close to the...
