Morning News: July 15, 2024
By Burning Down Buildings, Insurers Want to Change How They’re Built
The World’s Power Grids Are Failing as the Planet Warms
ICE Says Europe’s Diesel Contract Thrives After Russian Exclusion
China to Boost Funding to Reduce Emissions at Coal Power Plants
Cleveland-Cliffs in $2.5 Billion Deal to Buy Canadian Steelmaker Stelco
Germany’s Factories Founder While Competition From China Revs Up
China’s Economic Growth Comes in Worse Than Expected, Adding Pressure on Xi
Global Markets Ramp Up the ‘Trump Trade’ After Rally Attack
How Trumponomics Could Undermine the U.S. Economy
As Policy Types Cheer the Demise of ‘Inflation,’ Inflation Arrives
Why Small Caps Have the ‘Most Compelling Investment Case’ Right Now
How Regulators Are Using Banks to Illuminate Shadow Banks
North Korean Hackers Sent Stolen Crypto to Wallet Used by Asian Payment Firm
Goldman Sachs Profit Surges as Traders Top Analysts’ Estimates
BlackRock Hits $10.6 Trillion Asset Record, Cites ETF Boost
How Microsoft’s Satya Nadella Became Tech’s Steely Eyed A.I. Gambler
Alphabet in Talks to Buy Wiz in $23 Billion Cyber Deal
Apple’s India Sales Surge 33% to Record in Shift From China
Apple, Samsung Phone Shipments Rose in Second Quarter
Atos Signs $1.83 Billion Finance Deal With Banks, Bondholders
AT&T, Verizon Tangle Over 5G Service for Emergency Responders
Hacker Says AT&T Paid About $400,000 to Erase Sensitive Data
Amazon Sold a Used Diaper. It Tanked a Mom-and-Pop Business
Promised Cures, Tainted Cells: How Cord Blood Banks Mislead Parents
Burberry Replaces CEO and Rethinks High-End Luxury Strategy
Swatch Group Posts Sales Decline on Weak Demand in China
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Posted by Eddy Elfenbein on July 15th, 2024 at 7:03 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.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 