Morning News: July 25, 2024

With $150 Billion in Default, Maduro Needs Sanctions Relief Fast

Macron Seeks to Reassure CEOs on France at Pre-Olympics Lunch

German Business Sentiment Darkens as Clouds Continue to Gather

China Unexpectedly Cuts One-Year Policy Rate by Most Since 2020

Land of the Rising Banks

Yen Surges as Traders Bet the Big Turning Point Is Finally Near

Yen’s Sudden Gain Sparks ‘Widespread Liquidation’ Across Markets

Banks Borrow Over £30 Billion From BOE Repo Amid Liquidity Shift

Revenge Spending Zapped by Consumers Tapped Out on High Prices

An Increase in Uninsured Drivers Is Pushing Up Costs for Everyone Else

Stocks Extend Losses as Worries Go Beyond AI Froth

NYCB’s Flagstar to Sell Mortgage-Servicing Unit for $1.4 Billion

The Illicit Flow of Technology to Russia Goes Through This Hong Kong Address

Microsoft’s World of Warcraft Workers Vote to Unionize

Medicaid Was a Boon to Insurers During the Pandemic. Now, Not So Much.

Halting the Bird Flu Outbreak in Cows May Require Thinking Beyond Milk

AbbVie Sees Higher Profits as New Drugs Offset Humira Decline

How Government Programs Help Fuel Tesla Profit

Stellantis Earnings Nearly Halved, Leading Car Industry Slump

Hyundai Motor Profit Jumped 25%, Led by U.S. Demand

American Air Cuts Profit Outlook as Fare Sales Hurt Carriers

Southwest Airlines Is Ditching Open Seating on Flights

Royal Caribbean Restarts Dividends After Four-Year Hiatus

The Secret Battle for the Future of the Murdoch Empire

Universal Music Sheds $16 Billion in Market Value After Revenues Disappoint

Disney Bets on Deadpool, Wolverine and Dirty Jokes to Save Marvel

N.B.A. Announces Lucrative Rights Deals With Disney, Comcast and Amazon

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Posted by on July 25th, 2024 at 7:07 am


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