Morning News: February 7, 2024

China Replaces Top Markets Regulator as Xi Tries to End Rout

A China-U.S. Decoupling? You Ain’t Seen Nothing Yet

A Stock Bailout Won’t Solve China’s Troubles

How Russia Benefits From Libya’s $5 Billion Fuel-Smuggling Trade

ECB Must Be Patient With Rate Cuts, Schnabel Tells FT

Bank of Canada Faces Limits on Addressing Housing Affordability, Macklem Says

NYCB Is Cut to Junk by Moody’s

Joe Lewis’ $7.6 Billion Global Empire Weathers His Biggest Test

Why Most Millionaires Want a Wealth Tax: “There’s a Certain Alarmism Among the Wealthy About Trump”

Why Americans Are So Down on a Strong Economy

Adam Neumann Crashes Into WeWork’s High-Wire Revival Act

Snap Doesn’t Get Its Meta-Moment

Snap Shares Plummet After First-Quarter Guidance Disappoints

Uber Posts First Annual Profit Since Its IPO

How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster

EVs Won Over Early Adopters, But Mainstream Buyers Aren’t Along For The Ride Yet

Tesla Sold Just One Electric Car in South Korea Last Month as Some Korean Consumers Worry About Vehicles Made in China

Alibaba Boosts Stock Buybacks as Profit Slumps

CVS Health Cuts 2024 Guidance, Citing ‘Potential Implications’ of Higher Medical Costs

Hospital CIOs Weigh 5G as Digitized Medicine Pushes Wi-Fi to Its Limits

Vestas Beats Profit, Revenue Views After Record Order Intake

Target Weighs Paid Membership Program Similar to Amazon Prime

Yum Brands Disappoints as KFC, Taco Bell and Pizza Hut Fall Short of Same-Store Sales Expectations

Brazil Mogul Wants to Sell the World’s Best ESG Chocolate

ESPN, Fox and Warner Bros. Join for Sports Streaming Service

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Posted by on February 7th, 2024 at 7:06 am


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