Billionaire Walmart Heiress’s Yacht Vandalized by Climate Activists
Nancy Walton Laurie’s $300 million Kaos superyacht was sprayed with paint by members of Futuro Vegetal.
Bloomberg Business
Peso Devaluation Would Be ‘Very Damaging,’ Argentina Leader Says
Argentina President Alberto Fernandez warned against a sharp devaluation of the country’s currency as expectations mount that his soon-to-be-elected successor will have no other choice to address a chronic dollar shortage.
DoorDash Banned Discussing Work Issues and Fired Worker For Organizing, Labor Board Alleges
DoorDash Inc. illegally prohibited office employees from discussing working conditions and fired one because of their organizing efforts, US labor board prosecutors alleged.
Wall Street Gets New ETF Offering 100% Downside Protection
The pioneer of the world’s first “buffer ETFs” — exchange-traded funds that are supposed to limit losses during market selloffs — has launched a new product which it says offers investors complete downside protection.
Turkey to Export Battle-Tested Akinci Drone to Saudi Arabia
Turkish arms maker Baykar, whose aircraft have been used in conflicts in Ukraine, Azerbaijan and Libya, agreed to supply Saudi Arabia with its most sophisticated high-altitude drones to help the kingdom boost its defense force.
Oil Rises as Russian Exports Slow, Rate Hikes Expected to Stop
Oil rose amid risk-on sentiment in broader markets and signs that Russia is making good on its pledge to curb supplies.
Microsoft Hasn’t Caught Wall Street This Off Guard in a Decade
Microsoft Corp. is one of the most-loved stocks on Wall Street, but even the wildly positive views surrounding the software giant haven’t been able to keep up with a rally that has already topped 50% this year.
Argentina Nears Recession After Output Shrank More Than Expected
Argentina’s economy contracted more than expected in May, taking the economy to the brink of its sixth recession in a decade.
Harlan Crow Remains Major Republican Donor Despite Supreme Court Controversy
Billionaire Harlan Crow remained a major donor to state and federal Republican politics, despite the ongoing controversy surrounding his relationship with Supreme Court Justice Clarence Thomas.
Starmer Sits Down With Tony Blair as Labour Eyes Power
The message could hardly be clearer. Embroiled in a row with his party about spending plans, opposition Labour leader Keir Starmer took to the stage with former Prime Minister Tony Blair — a first symbolic embrace of the last man to win a general election for the party almost two decades ago.
