What We're Reading: Page 68
Industry reads hand-picked by our editors
Aug 17, 2023
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The Wall Street Journal
Some Fed Officials Are Turning Cautious about Raising Rates Too High
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Bloomberg
Goldman CEO’s Most Loyal Deputy Is Tested by Mutinous Partners
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Reuters
OpenAI acquires start-up Global Illumination to work on core products, ChatGPT
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The New York Times
Target’s Sales Hit by Pride Month Merchandise Backlash
Aug 16, 2023
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The New York Times
Wall St. Weighs the Effect of Weaker China and Stronger U.S.
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CNBC
Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
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Bloomberg
VinFast’s $65 Billion De-SPAC Valuation Vaults It Past Ford, General Motors
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The Wall Street Journal
The $900,000 AI Job Is Here
Aug 15, 2023
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The Wall Street Journal
China’s Worsening Economy Is Hurting Corporate America
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The New York Times
UBS to Pay $1.4 Billion to Settle Financial-Crisis Fraud Case
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Bloomberg
Hedge Funds Prepare for Legal Battle With SEC Over Fee Disclosures
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The Washington Post
Biden wants rich companies to pay higher taxes. Some are fighting back.
Aug 14, 2023
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The Wall Street Journal
China’s Options for Retaliation Are Few After U.S. Investment Ban
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Bloomberg
Alphabet’s $118 Billion Cash Pile Poses a New Problem
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CNBC
Telesat stock surges 50% after satellite internet company swaps suppliers to save $2 billion
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Reuters
ChatGPT fever spreads to US workplace, sounding alarm for some
Aug 11, 2023
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The New York Times
Heat, War and Trade Protections Raise Uncertainty for Food Prices
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The Wall Street Journal
China Slips Into Deflation in Warning Sign for World Economy
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Bloomberg
US Supreme Court Halts Purdue’s $6 Billion Opioid Pact, Will Hear Appeal
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Reuters
Biotech firm Amyris files for bankruptcy in US
Aug 10, 2023
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Bloomberg
Disney Raises Prices for Streaming Services by as Much as 27%
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The New York Times
With Ban on High-Tech U.S. Investments, Biden Raises Tensions with China
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Financial Times
UK accounting watchdog looks to tighten audit independence rules
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The Wall Street Journal
WeWork Taps Directors With Bankruptcy Chops After Board Resignations
Aug 09, 2023
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Reuters
Moody’s downgrades US banks, warns of possible cuts to others
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The Wall Street Journal
Chinese Exports Fall at Steepest Pace Since February 2020
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The New York Times
Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps
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Bloomberg
Tesla CFO Kirkhorn Exits With $590 Million Fortune
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