Morning News: June 24, 2024

Ocean Shipping Prices Are Pushing Toward Pandemic-Era Highs as Congestion Swells

Vietnam Coal Power Project Moving Forward After Phase-Out Deal

Fire at Lithium Battery Plant in South Korea Kills 22

Hyundai and Kia Zip Into the U.S. Car Market’s Fast Lane

Japan and South Korea Are Fighting Over an App at a Tense Time

China Steps Up Pressure on Europe to Avoid EV Tariffs

France Keeps Markets on Edge With Le Pen Fighting Left for Power

How Jeff Yass Became One of the Most Influential Billionaires in the 2024 Election

How Long Can High Rates Last? Bond Markets Say Maybe Forever

Fed’s Mester: Mortgage Bond Sales Should Remain Option for Fed

Women in US Have Just 1/3 of Men’s Retirement Savings, Prudential Report Says

Foreign Banks Target Switzerland After UBS Takeover of Credit Suisse

Big US Banks Expected to Be Cautious on Shareholder Payouts

Jain Raises $5.3 Billion in Biggest Hedge Fund Debut Since 2018

Real Estate Bets Gone Wrong Roil $1.24 Trillion Canadian Funds

Nvidia Sales Grow So Fast That Wall Street Can’t Keep Up

AI Boom Drives Up Risk of Power Squeeze

Apple’s European Headache

Apple Hit by Fresh EU Warning Over Alleged App Store Abuses

Responsibility Over Freedom: How Netflix’s Culture Has Changed

Sonoco Products Buys Eviosys From KPS Capital For $3.9 Billion

Target Aims to Expand Its Online Marketplace With Shopify Partnership

How a Cyberattack Took 15,000 Car Dealers Offline

‘We’re Still Paying’: How Pets Became a Big Business

Holiday Travel Is Booming. Why Are Airlines Doing So Badly?

Tiger Woods, McIlroy-Backed TMRW Sports Valued at $500 Million in Funding Round

Fanatics Teams Up With Juventus in Decade-Long Merchandise Deal

Stephen A. Smith Is the Face of ESPN. How Much Is That Worth?

Be sure to follow me on Twitter.

Posted by on June 24th, 2024 at 7:08 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.