Oil Sinks as Hawkish Fed Talk Bolsters Supply-Driven Bear Case
Oil capped its longest string of daily losses this year as hawkish signals from Federal Reserve officials added to concerns about a glut of crude piling up in storage.
Bloomberg Business
Trudeau Was Justified in Using Emergency Law During Protests, Judge Says
Prime Minister Justin Trudeau met the legal threshold when he invoked emergency powers last year to clear a protest that had paralyzed the downtown of Canada’s capital city for weeks, a public inquiry has found.
Vince McMahon Is Asking $9 Billion for His Wrestling Empire
Vince McMahon is looking to get as much as $9 billion in a potential sale of World Wrestling Entertainment Inc., the company he returned to run this year, according to people familiar with his thinking.
Ghana on Cusp of Debt Default as Grace Period Winds Down
Ghana is on the cusp of a default as the grace period on a $40.6 million coupon due on its dollar bond maturing in 2026 expires at the end of Friday.
Ukraine Clears Hurdle to Begin Talks on Fully Fledged IMF Loan
Ukraine and International Monetary Fund staff have reached an agreement that moves the nation nearer a full-fledged loan.
Another Member of Bankman-Fried’s Inner Circle Nears a Plea Deal in FTX Probe
Another former member of Sam Bankman-Fried’s inner circle is planning to plead guilty to US criminal charges over his role in an alleged multiyear fraud at collapsed crypto exchange FTX.
James Dolan’s Empire Is Beset by Challenges. AMC Networks Tops the List.
As cord-cutting accelerates, the leader of Madison Square Garden and the Knicks has rejected suitors for his cable channels and cycled through CEOs.
Google’s $168 Billion in Ad Revenue at Risk in Supreme Court Case
The case could affect ads as well as user-generated content on YouTube, Meta, others.
Harris Demands Justice for Russia’s ‘War Crimes’ in Ukraine
US Vice President Kamala Harris accused Russian forces of committing war crimes during their nearly year-long invasion of Ukraine and urged allies to back international tribunals convened to investigate any battlefield atrocities.
JPMorgan Staffer Expected Bank to Drop Epstein in ‘08, Suit Says
It was August 2008, the brink of a global financial crisis, and inside JPMorgan Chase & Co. an employee was expressing confidence the bank was about to kick out a wealthy client whose name was becoming infamous: Jeffrey Epstein.
