China’s New Ambassador to US Says Relations Face ‘Serious’ Challenges
China’s new ambassador to the US said the relationship between the world’s two biggest economies is facing “serious difficulties and challenges.”
Bloomberg Business
Powell Avoids Debt Limit in Meeting With House Democrat Group
Federal Reserve Chair Jerome Powell avoided discussing debt-limit negotiations Tuesday during a closed-door meeting with a group of House Democrats as a standoff over raising the federal borrowing limit continued in Washington.
Company Earnings Guidance Is Wrong About 70% of the Time
The pandemic may have upended businesses, but surprisingly it did little to dent managers’ misplaced confidence in their earnings forecasts, new research shows.
Florida Restaurant That Hosts Drag Shows Sues DeSantis Over Free Speech Rights
A hamburger chain that says it regularly hosts family friendly drag shows sued Florida Governor Ron DeSantis, claiming a new state law banning such performances when children may be present chills artistic expression in violation of the First Amendment.
NTSB Calls for More Safety Technology After Spate of Near-Collisions on Airport Runways
Aviation safety technology that helps prevent runway near-collisions should be deployed at more US airports, the government’s top transportation-safety official said, citing early findings from probes into a spate of incidents this year.
Russia Extends US Reporter’s Detention on Spying Charges
A Moscow court on Tuesday extended the detention of Wall Street Journal reporter Evan Gershkovich by another three months on allegations of espionage, in a case that’s stoked tensions between Russia and the US.
ECB’s Nagel Says ‘Several’ Interest-Rate Hikes Still Needed
The European Central Bank will need more interest rate increases to bring inflation under control, according to Bundesbank President Joachim Nagel.
End of Tegna Buyout Clears Path for Banks to Fund More LBOs
Wall Street banks looking to finance lucrative buyouts as dealmaking shows signs of recovery have one less obstacle: they’re off the hook from selling a large slug of worrisome debt.
Five Ways Hurricanes Increase Your Expenses in Florida
Climate change is making Florida more susceptible to hurricanes and flooding. Here’s what you need to know about property and homeowners insurance.
Cathay Pacific Fires Three After Non-English Speakers Mocked
Cathay Pacific Airways Ltd. fired three flight attendants after a swift probe of recorded comments that went viral in China, showing crew members disparaging passengers who didn’t speak English.
