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Stocks Inch Higher in Shortened Session

July 3, 2023 / no comments

Investors geared up for the second half of 2023 following a market rally to start the year. Shares of Tesla and other EV makers gained.

America’s Factory Building Boom

July 3, 2023 / no comments

Construction spending on factories is soaring, due in no small part to two pieces of legislation.

China Restricts Exports of Two Metals Used in High-Performance Chips

July 3, 2023 / no comments

Industry executives see Beijing’s export ban on gallium and germanium as retaliation over chip curbs by the U.S. and others.

Chocolate Can’t Escape Inflation’s Grip as Cocoa Prices Soar

July 3, 2023 / no comments

Prices for cocoa have surged by a third this year, making it among the world’s best investments in the first half of the year.

Diamond Giant De Beers to Let Botswana Keep Half of Production

July 3, 2023 / no comments

The deal that extends the company’s relationship with the country while loosening its hold on its output there.

Monster Beverage to Acquire Bang Energy Out of Bankruptcy for $362 Million

July 3, 2023 / no comments

Bang filed for chapter 11 last year after paying Monster a large settlement.

Canada’s Oil-Sands Miners Want to Flush Oceans of Wastewater Downstream

July 3, 2023 / no comments

Waste sitting in pits could fill almost 883,000 Olympic-size swimming pools, and oil companies say they need to find a way to reduce it.

Rivian Shares Jump After EV Deliveries Outpace Estimates

July 3, 2023 / no comments

The electric-vehicle maker’s stock is on pace for its largest percent increase and best five-day stretch since November.

Migrant Workers Flee Florida as New Immigration Law Takes Effect

July 3, 2023 / no comments

Farm owners and construction companies say the law, which started July 1, has already diminished their workforce.

Canada Offers Lesson in the Economic Toll of Climate Change

July 3, 2023 / no comments

Wildfires are hurting many industries and could strain households across Canada, one of many countries reckoning with the impact of extreme weather.

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