The European Union isn’t planning to stockpile battery metals and other critical commodities as part of new measures to ensure supplies — rowing back a previous suggestion — after some major manufacturers opposed the move.
President Joe Biden authorized a giant ConocoPhillips oil project in northwest Alaska that environmentalists argue has no place in a warming world, even as he sought to bar future drilling across US Arctic waters and lands.
David Boies rose to fame by taking on Microsoft Corp. in a massive 1990s antitrust case. The case eventually settled, but not before the lawyer eviscerated Bill Gates in deposition testimony that was later shown at trial.
Pershing Square Capital Management’s Bill Ackman said that regional bank stocks are an “incredible bargain” right now as long as the government does the “right thing.”
The European Central Bank’s plans for more big interest-rate hikes are set to meet stronger opposition this week after the collapse of Silicon Valley Bank, according to officials with knowledge of the matter.
The Federal Reserve may need to end its quantitative-tightening program early to preserve the amount of bank reserves in the financial system while also maintaining its hawkish signaling on interest rates, according to Citigroup Inc.
Crime in Chicago is getting increasingly personal for Terry Duffy.
Morgan Stanley’s head of health-care equity capital markets, Kathy Bergsteinsson, has left the firm, according to people with knowledge of the matter.
Recent IPOs are facing fresh scrutiny from investors concerned about the collapse of SVB Financial Group, which was a leading bank for startups.
The Treasury market is signaling that a recession is all but inevitable, if history is any guide.
