Ivanhoe Electric Turns to Arizona for New Headquarters
Robert Friedland’s Ivanhoe Electric Inc. is moving its headquarters out of Canada.
Bloomberg Business
Trudeau to Bring Back Sanctions on Nord Stream Pipeline Parts
Prime Minister Justin Trudeau’s government will revoke the waiver that exempted Nord Stream pipeline turbines from Canadian sanctions on Russia’s oil and gas industry, a senior government official said.
Cytokinetics Jumps Despite Negative FDA Panel Vote on Heart Drug
Cytokinetics Inc.’s experimental heart failure drug got a negative vote from a panel of expert advisors to the US Food and Drug Administration. But, in a twist, shares rose.
US Is Seizing 48 Websites in Sting of Cyberattack-for-Hire Services
The US seized dozens of internet domains and charged six people in a sting intended to bring down a network of cyberattack-for-hire services, the Department of Justice announced on Wednesday.
New York Risks Losing Wealthiest Over High Taxes, Comptroller Says
New York’s high taxes may already be pushing wealthy residents out of the city, providing little wiggle room for the state to raise more revenue during an economic slowdown, state Comptroller Thomas DiNapoli said on Wednesday.
US Health Spending Edges Past $4.3 Trillion as Covid Drags On
Regular care patterns resumed in 2021 after pandemic began fading
Sears Hometown’s ‘Sad Day’ Arrives as Liquidation Bankruptcy Begins
Sears Hometown Stores Inc., an affiliate of the once-formidable retailer that sells home goods through locally owned stores, made its first bankruptcy court appearance Wednesday as it begins shutting down.
Powell Says Fed Still Has a ‘Ways to Go’ After Half-Point Hike
Chair Jerome Powell said the Federal Reserve is not close to ending its anti-inflation campaign of interest-rate increases as officials signaled borrowing costs will head higher than investors expect next year.
Republicans’ ESG Fight With Wall Street Clashes in Small Town Texas
(Bloomberg) — Executives from two of the world’s largest money managers will descend on a small Texas town Thursday to face questions from state lawmakers about their environmental, social and governance investment policies.
Headspace Meditation App Cuts 50 Workers, or 4% of Staff
Headspace Health, the maker of a popular meditation and mental-health mobile app, cut about 50 jobs, or 4% of its workforce, the latest internet startup to scale back as funding dries up and economic growth decelerates.
