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Rusty Old Oil Tankers Fetch Big Bucks

May 15, 2023 / no comments

Shipping companies are enjoying an earnings bonanza even if they won’t carry Russia’s oil.

AI Spending Will Cloud Chip Slowdown

May 15, 2023 / no comments

Google, Microsoft and other big techs are slowing capital spending while also launching generative AI services that require the most expensive chips.

CEO Pay Packages Fell Sharply in 2022 as the Stock Market Sank

May 15, 2023 / no comments

The annual WSJ analysis of compensation for CEOs in the S&P 500 reveals that the median pay held steady. But in a first, companies are also disclosing how much those pay packages rose or fell in the year.

Why Some Investors Are Betting on China’s Recovery but Avoiding Chinese Shares

May 15, 2023 / no comments

Foreign luxury-goods makers are among those getting a boost from the country’s reopening.

Hotels Roll Out the Red Carpet for Pets

May 15, 2023 / no comments

Doggy menus, plush beds, nose balm and pet sitting: As people increasingly travel with their four-legged friends, hotels are stepping up with more amenities.

Vice Media to Sell Itself as It Files for Bankruptcy

May 15, 2023 / no comments

Soros fund, Fortress among lender group that bid roughly $225 million for the former digital news darling.

A Rally in the British Pound May Be Winding Down

May 15, 2023 / no comments

After a phenomenal run for the British pound, market watchers say the currency’s fortunes could be about to change.

U.S.-Made Technology Is Flowing to Sanctioned Russian Airlines

May 15, 2023 / no comments

Russian customs data shows that millions of dollars of aircraft parts made by Boeing, Airbus and others were sent to Russia last year despite sanctions.

$14 Billion Deal to Create Mega-Pipeline Company

May 15, 2023 / no comments

The major energy deal will combine Oneok and Magellan, forming the second-largest U.S.-based pipeline company by stock-market value.

Climate Change Brings Warmer, Wetter Weather to Trinidad

May 15, 2023 / no comments

Even as the leaders of Trinidad and Tobago double down on fossil fuels, climate change is bringing more extreme weather to the island nation.

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