Morning News: May 13, 2024

Putin Turns to a Technocrat to Crank Up Russia’s War Machine

Elon Musk’s Diplomacy: Woo Right-Wing World Leaders. Then Benefit

Global Chips Battle Intensifies With $81 Billion Subsidy Surge

U.S. Awards $120 Million to Chipmaker to Expand Facility in Minnesota

Intel Nears Deal With Apollo for $11 Billion Ireland Partnership

China to Start $138 Billion Bond Sale on Friday to Boost Economy

An Inflation Test Looms Over the Economy and the Election

Why Is Inflation So Stubborn? Ask Your Local Small Business

The Case for Forever High Interest Rates

Funds Go All-In on FX Trades Driven by Central Bank Drama

All the Rage in Private Equity: Mortgaging the Fund

UBS Announces Equity Conversion Provision for Almost $5 Billion in AT1 Debt

Priced Out of Housing, Communities Take Development Into Their Own Hands

Indian Renewable Energy Firm Plans Maiden Dollar Bond Sale

Biden to Hike Tariffs on China EVs and Offer Solar Exclusions

Nevermind Those EVs — Oil Demand Keeps Growing

The Surprising Force Stalling Climate Progress: California Restaurants

The Solar Storm Fried GPS Systems Used by Some Farmers, Stalling Planting

SoftBank Commits $5 Billion to AI After Three Years of Losses

Cybersecurity Risk Rose in Past Year, Say Compliance Professionals

Squarespace to Go Private in $6.6 Billion Takeover by Permira

GameStop Surges as ‘Roaring Kitty’ Return Adds Fuel to Rally

Kids Hooked on Video Games Prompt a Flurry of Lawsuits

Fast Food Forever: How McHaters Lost the Culture War

At the Home of BTS, Turmoil Over a Rising K-Pop Star

Be sure to follow me on Twitter.

Posted by on May 13th, 2024 at 7:04 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.