Southwest Airlines Co. says it’s sparing nothing in an operations review after a Christmastime meltdown stranded tens of thousands of passengers. But that’s not likely to include junking its network or losing its top executive.
The London Metal Exchange will enter 2023 with the smallest available warehouse stockpiles in at least 25 years, setting the stage for future squeezes and spikes if demand turns out stronger than expected.
(Bloomberg) — BlackRock Inc. is among a group of creditors that lent money to Bitcoin miner Core Scientific Inc. so it can continue to operate while it’s in bankruptcy, according to a filing from the asset manager.
Tiger Global Management started out as a traditional stock-picking hedge fund that dabbled in venture investments. Now, after a tumultuous 2022, its startup bets outstrip equities more than ever before.
Bond traders have pulled back, over the course of this year, on their expectation for where US inflation will be in a decade, suggesting growing confidence that 2022’s consumer-price blowout is under control.
A rally in Copperbelt Energy Corp. helped Zambia’s benchmark stock index become Africa’s best performer this year.
Brazil won the crown of this year’s best-performing major equity market after beating contenders with a late rally, in what has been a brutal 12 months for global stocks.
Kenya’s currency fell the most in seven years and its benchmark stock index became Africa’s worst performer in 2022 after Russia’s war in Ukraine raised import costs and fueled inflation.
Canada’s merger court ruled in favor of Rogers Communications Inc. and Shaw Communications Inc. in a key antitrust case, clearing one of the final hurdles to the union of two of the nation’s largest telecommunications firms.
Streaming is changing how Americans watch sports. Gary Bettman has a plan for how the National Hockey League, which he’s run as commissioner for three decades, can be in a strong position to take advantage.
