A resurgence of wildfires across Canada’s main energy-producing province in recent days prompted some drillers to suspend portions of their production again, and officials are warning of worsening conditions in the days ahead.
Warren Buffett’s Berkshire Hathaway Inc. reworked its financial-sector bets amid regional bank turmoil, exiting U.S. Bancorp and Bank of New York Mellon Corp. even as it placed a wager on Capital One Financial Corp. Capital One surged as much as 9.6%.
Billionaire investing titans Stanley Druckenmiller and David Tepper loaded up on stocks benefiting from the artificial intelligence boom during the first quarter.
Atlanta-area prosecutor Fani Willis urged a judge to reject former President Donald Trump’s demands that her office be disqualified from investigating his efforts to overturn the 2020 election in Georgia.
UBS Group AG is hiring a group of a half dozen technology, media and telecommunications bankers from rival Barclays Plc, according to people familiar with the matter.
Turkey’s markets slid as the nation heads for a runoff election, with stronger-than-expected support for President Recep Tayyip Erdogan wrong footing investors who were betting on a quick end to his unconventional economic policies.
The UK government will launch a series of reviews into the fairness of food supply chains just as the country’s antitrust regulator separately probes the cost of groceries with double-digit inflation continuing to push up prices.
US regulators are ratcheting up oversight efforts across the banking system as they lack the ability to quickly overhaul rules to blunt turmoil that’s already collapsed four mid-sized lenders.
The Federal Reserve’s top bank watchdog is calling for more oversight of how bank executives are compensated after several lenders collapsed this year.
The stock market remained stuck in a tight range, with investors waiting for clarity on whether Washington lawmakers will be able to reach a deal to avert a US default.
