Morning News: May 17, 2024

How Tiny Djibouti Said ‘No’ to the US Over Houthi Red Sea Attacks

US Biofuel Markets Are in Turmoil Over Imports From China

China Attempts to End Property Crisis With Broad Rescue Package

Global Equity Funds Draw Inflows on Rate Cut Hopes, Soft US Economic Data

Supreme Court Rejects Challenge to Consumer Watchdog’s Funding

Despite Consumer Watchdog’s US Supreme Court Win, Agency Powers Still on Chopping Block

US Money-Market Assets Rise to Highest Level in a Month

BlackRock’s Rieder Says Cut, Not Hike, Would Tame US Inflation

Goldman Sachs Looks to Expand Private Equity Credit Lines as Dealmaking Picks Up

Revival of Meme-Stock Frenzy Points to a Frothy US Stock Market

GameStop Shares Retreat on Preliminary 1Q Report

Taiwan, on China’s Doorstep, Is Dealing With TikTok Its Own Way

Microsoft’s Mistral AI Pact Avoids UK Antitrust Scrutiny

CoreWeave Raises $7.5 Billion in Debt for AI Computing Push

Reddit Shares Jump After OpenAI Partnership Deal

Brookfield Plans to Invest $500 Million in Leap Green

Influencers Reap $1 Billion Fortune With Brazil Pharma Business

The Medicare Bubble Has Burst

Walgreens and CVS Are Trying to Fix America’s Flailing Pharmacies

Farmers Are Breeding Hybrid Dairy Cattle to Sell for Meat

The Food Court Is Back

Red Lobster Is in Trouble

Gen Z Is Fueling a Cassette Tape Comeback

FIFA Amends Rules to Allow Headquarters to Move From Zurich

Retailers’ Shelves Are Attractive Again. At Least for Skechers

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Posted by on May 17th, 2024 at 7:03 am


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