What We're Reading: Page 58
Industry reads hand-picked by our editors
Oct 17, 2023
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The New York Times
Rite Aid, Facing Slumping Sales and Opioid Suits, Files for Bankruptcy
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Reuters
LinkedIn lays off 668 employees in second cut this year
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The Wall Street Journal
Ford Executive Chairman Calls for End to UAW Strike
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Bloomberg
Citi Treasurer Mike Verdeschi to Depart After 33 Years at Bank
Oct 16, 2023
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CNBC
Microsoft closes $69 billion acquisition of Activision Blizzard after lengthy regulatory review
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The New York Times
Retailers’ Seasonal Hiring Plans Signal a Cooling Labor Market
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Bloomberg
Wider War in Middle East Could Tip the World Economy Into Recession
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The Wall Street Journal
China’s Economy Remains Shaky After Challenging Summer
Oct 13, 2023
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CNBC
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans
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Reuters
SPAC returns remaining $533 mln raise for Trump social media deal
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Bloomberg
Intel CEO Needs to Land a Big Customer, and the Clock Is Ticking
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The New York Times
Sam Bankman-Fried’s Closest Friends Become His Foes in Courtroom Clash
Oct 12, 2023
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Bloomberg
Israel-Hamas War Threatens Energy Prices, Adding to Inflation Risks
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The Wall Street Journal
Fed Minutes Show Officials Divided on Future Rate Rise
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The New York Times
Exxon Mobil Strikes $60 Billion Deal for Shale Giant
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CNBC
IRS says Microsoft owes an additional $29 billion in back taxes
Oct 11, 2023
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Reuters
Fed’s Bostic sees no more U.S. rate hikes, no recession
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Bloomberg
IMF Warns of Stubborn Inflation and Weaker Global Growth in 2024
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CNBC
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
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The New York Times
Caroline Ellison, Adviser to Sam Bankman-Fried, Says He ‘Directed’ Her to Commit Crimes
Oct 10, 2023
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The Washington Post
Economy adds 336,000 jobs in September, in a stunning gain
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The Wall Street Journal
Israel Orders Chevron to Shut Down Gas Platform Near Gaza
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Bloomberg
Global Trade Poised to Turn a Corner, Bloomberg Tracker Signals
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Reuters
Oil prices surge on fears of Mideast conflict adding to supply tightness
Oct 09, 2023
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Bloomberg
Corporate America Is Ignoring Jay Powell and Bingeing on Debt
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The New York Times
Despite the economy’s resilience, the outlook is hard to gauge.
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The Wall Street Journal
Bond Selloff Threatens Hopes for Economy’s Soft Landing
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CNBC
Clorox and MGM Resorts aren’t the only companies dealing with cyberattack damage
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