Sugar Rally Pauses After Hitting Decade High on Shortage Fears
Sugar eased in New York, after hitting the highest in a decade on persistent worries about tight global supplies.
Bloomberg Business
Juul to Pay $462 Million in Six-State Deal Over Marketing to Kids
Juul Labs Inc. agreed to pay $462 million to six states and the District of Columbia to resolve lawsuits and investigations into the e-cigarette manufacturer’s marketing of addictive vaping products to children.
Fed’s Daly Says More Rate Hikes May Not Be Needed to Slow Inflation
Federal Reserve Bank of San Francisco President Mary Daly said that although inflation still has a ways to go to come down to the US central bank’s 2% goal, the economy may be able to slow enough on its own to accomplish that, without further policy action.
China Eases Debt-Relief Stance in Hint of Progress in Talks
China is softening its stance over how to restructure billions of dollars of debt held by poor nations, offering a glimmer of progress in long-stalled talks over unlocking desperately needed aid.
Veritas, Carlyle End Talks Around Cotiviti Stake Sale
Veritas Capital and Carlyle Group Inc. have ended their talks for the Washington-based alternative asset manager to take a stake in health-care technology firm Cotiviti Inc., according to people with knowledge of the matter.
Dublin Office Space Take-Up Drops 42% in Sign of Further Stress
The take-up of office space in Dublin in the first quarter dropped by 42% from a year earlier, a report by CBRE showed, compounding signs of a slowdown in Ireland’s commercial real estate.
EU Proposes Using Deposit Insurance to Wind Down Smaller Banks
The European Commission’s proposed banking reform package will allow authorities to tap deposit insurance funds to finance some bank resolutions.
House Republicans Subpoena FTC Chair Lina Khan for Documents on Twitter Probe
The House Judiciary Committee on Wednesday subpoenaed documents from Federal Trade Commission Chair Lina Khan related to its ongoing probe of Twitter Inc.
Lifelong Rodent Hater Will Earn $155,000 a Year as NYC’s Rat Czar
New York City’s long-awaited rat czar has arrived.
Brookfield Infrastructure to Buy Triton in $4.7 Billion Deal
Brookfield Infrastructure Partners LP agreed to buy Triton International Ltd., the world’s largest owner of intermodal shipping containers, for $4.7 billion to expand in transportation logistics supporting the global supply chain.
