Morning News: May 9, 2023

EU Targets Eight Chinese Companies in Russia Sanctions Push

Russia’s Oil Flows Reach New High as Output Cuts Fail to Show

Falling Oil Prices Cause Saudi Aramco’s Profit to Slip 19 Percent

The Most Valuable U.S. Power Company Is Making a Huge Bet on Hydrogen

China’s Shrinking Imports, Slower Exports Growth Darken Economic Outlook

China Finally Has a Rival as the World’s Factory Floor

Factory Boom in U.S. Boosts Sales of Excavators, Steel and Trucks

Biden and McCarthy to Discuss Debt Limit as a Possible Default Looms

Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says

Brain Drain Threatens the F.D.I.C. and Its Efforts to Regulate Banks

Regional Banks Will Cut Bonuses While Big Firms Raise Incentive Pay

High-Tech Banks Grapple With a Rise in Old-Fashioned Crime: Check Fraud

Vanguard’s Trillion-Dollar Man Leads a Fixed-Income Revolution

Palantir Stock Soars 21%, Says Demand for AI Unprecedented

IBM Takes Another Shot at Watson as A.I. Boom Picks Up Steam

Financial Stability Experts at the Fed Turn a Wary Eye on Commercial Real Estate

Tempur Sealy to Buy Mattress Firm for About $4 Billion

Obscure Swiss Watchmaker Leaps to Patek-Like Fame With One-Year Wait Lists

A Crisis Over Child Care Is Holding Back Companies and Blue-Collar Workers

Goldman to Pay $215 Million to End Case on Underpaying Women

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Posted by on May 9th, 2023 at 7:03 am


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