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Market News

October 12, 2021
IMF Chief Faces Even Tougher Challenges After Saving Her Job
Kristalina Georgieva held on to her job as head of the International Monetary Fund. Now she faces the potentially bigger challenge of saving the...
October 12, 2021
Ping An’s $90 Billion Slump Grounds One-Time China High Flyer
China’s Ping An Insurance (Group) Co. has long argued it should be treated like a high-growth technology company instead of a seller of life...
October 12, 2021
Why Some Nations Have Deadlier Outbreaks With the Same Vaccines
It’s one of the great puzzles of the pandemic. Most developed economies are now highly vaccinated with some of the most effective shots on offer,...
October 12, 2021
Singapore to Hold, Signal Policy Move Next April: Decision Guide
Singapore’s central bankers are expected to signal a potential tightening of monetary policy next year, while holding steady for now, amid rising...
October 12, 2021
KKR’s Bae and Nuttall Each Receive $75 Million in Stock Awards
KKR & Co. awarded Joe Bae and Scott Nuttall about $75 million each as part of their promotions to co-chief executive officers.
October 12, 2021
Apple Poised to Slash iPhone Production Goals Due to Chip Crunch
Apple Inc. is likely to slash its projected iPhone 13 production targets for 2021 by as many as 10 million units because of prolonged chip...
October 12, 2021
Houston Hospital That Fired Workers Decries Abbott’s Mandate Ban
A Texas hospital system that fired employees for refusing to take Covid-19 vaccines earlier this year said it’s “deeply disappointed” with...
October 12, 2021
PG&E Warns of More California Blackouts to Prevent Wildfires
California utility giant PG&E Corp. warned that it could blackout customers again this week due to a return of dry offshore winds as the Golden...
October 12, 2021
House Budget Chairman Yarmuth Says He Won’t Run for Re-Election
John Yarmuth, Kentucky’s lone Democratic representative and a top adviser to Speaker Nancy Pelosi, announced Tuesday he will not seek another House...
October 12, 2021
Progressives Say They Won’t Give Up Priorities in Spending Plan
Progressive Democrats said they want to keep all of their priorities in a compromise tax and spending bill after House Speaker Nancy Pelosi suggested...