Morning News: July 12, 2023

Saudi Arabia’s Wealth Fund Takes $11 Billion Investment Hit

Wall Street’s Recession Warning Is Flashing. Some Wonder if it’s Wrong

‘Pivotal’ US CPI Report to Show Lowest Core Inflation Since 2021

Measure It Differently, and Inflation Is Behind Us

Detroit Marks 10th Anniversary of Bankruptcy With a Bond Sale

Why Private Equity Is Chasing Plumbers and Lumber Yards

Goldman Breaks Its Own Rule to Flag Results Much Worse Than Rivals

Bank of America Fined $150 Million Over ‘Junk Fees’ and Fake Accounts

Wall Street Is Fighting New York’s Ban on Non-Compete Agreements

Negotiators See Global Deal on Taxing Big Tech Companies Within Reach

What the Microsoft-Activision Ruling Means for the Future of Deal-Making

‘An Act of War’: Inside America’s Silicon Blockade Against China

Why the Early Success of Threads May Crash Into Reality

Illumina Hit With €432 Million EU Fine for Hasty Grail Deal

The Energy Transition Is Underway. Fossil Fuel Workers Could Be Left Behind

Shopify Fuels Meeting Purge By Shaming Employees With Cost Calculator

Broadcom’s $61 Billion VMware Deal Wins Conditional EU Antitrust OK

Disney Explores Strategic Options for India Business

The Barbie-Oppenheimer Double Feature Is Really Happening, Data Shows

AT&T and Verizon Knew About Toxic Lead Cables—and Did Little

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Posted by on July 12th, 2023 at 7:10 am


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