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Japan’s Stock Market Is Booming. Here’s Why.

June 14, 2023 / no comments

The Japanese stock market is up nearly 30 percent this year, far ahead of the S&P 500, as firms bet that changes in how companies are run might just finally last.

An Amazon Unionizing Bid in Britain Stumbles

June 14, 2023 / no comments

Over 700 workers in Coventry joined a union and are seeking recognition for it to negotiate with the company, known for its resistance to organized labor.

Oil Demand to Peak This Decade as EVs Boom, IEA Says

June 14, 2023 / no comments

The energy forecaster raised its expectations for 2023 on the back of strong demand from China, but expects demand growth to slow to a trickle within five years as developed nations rapidly shift to cleaner sources of energy.

Shell to Lift Dividend, Launch $5 Billion Buyback

June 14, 2023 / no comments

The energy major said it would increase shareholder distributions while outlining plans for buybacks and a reduction in capital spending.

Affordable Housing Woes Paint ‘Bleak Picture’ for Developers

June 14, 2023 / no comments

So many developments have been sidetracked or delayed that some experts expect a “production cliff” to hit in a year or so, meaning fewer new homes coming onto the market.

The ‘Taxi Prince’ Is Taking on Uber—and Winning

June 13, 2023 / no comments

Uber has been outmaneuvered in one of the world’s largest taxi markets by the man known as Japan’s taxi prince.

The Cheaper Weight-Loss Alternative Riding the Ozempic Wave

June 13, 2023 / no comments

Researchers warn that studies linking the berberine supplement, “nature’s Ozempic,” to weight loss are limited.

Stock Market to Fed: You Haven’t Done Enough

June 13, 2023 / no comments

Bullish stocks, low bond yields and a recovering housing market suggest interest rates aren’t that restrictive, frustrating the central bank’s efforts to cool inflation.

Pricey Hurdle Before the Wedding: A Splashy Proposal

June 13, 2023 / no comments

South Koreans like to pop the question in a fancy hotel suite, with a new designer handbag to mark the occasion.

Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says

June 13, 2023 / no comments

The report from McKinsey comes as a debate rages over the potential economic effects of A.I.-powered chatbots on labor and the economy.

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