The 2023 Stock-Market Rally Sputters in New World of Yield
Heading into the fourth quarter, the S&P 500 index is clinging to a 12% advance for the year.Read More
Dan Loeb’s Hot Hand Goes Cold
Hedge fund Third Point, after years of strong returns, has registered big losses after misreading the market. Now it faces a flood of customer withdrawals.Read More
Investors’ Bets on Mother Nature Are Paying Off Big
Thanks to turmoil in the insurance market and a repricing of risk, catastrophe bonds are earning more while covering more remote events.Read More
EVs Will Hit Detroit Harder Than a UAW Raise
While pay increases following the strike will take the shine off automakers’ margins, their electric vehicles are still making huge losses.Read More
Meal-Kit Maker Blue Apron to Be Sold
The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership.Read More
DIFC Prepares for Future Sustainability Forum as it Looks to Accelerate Global Climate Action
Dubai is readying itself to become the focal point for action against climate change as the Dubai International Financial Centre (DIFC), the global financial hub in the Middle East, Africa and South Asia (MEASA) region, prepares for the first ‘Future Sustainability Forum’, which will be held 4 to 5 October. The two-day DIFC sustainability forum […]
New Orleans Seeks to Avert Crisis as Saltwater Nears the City
A saltwater wedge is moving up the drought-drained Mississippi River, threatening public health in New Orleans and beyond.Read More
A Sri Lankan Baker’s Baguette Conquers France
After 17 years in France, Tharshan Selvarajah has yet to apply for citizenship. But he has made bread for President Emmanuel Macron.Read More
An Invasive Mosquito Threatens Catastrophe in Africa
A malaria-carrying species that thrives in urban areas and resists all insecticides is causing outbreaks in places that have rarely faced the disease.Read More
Mosquitoes Are a Growing Public Health Threat, Reversing Years of Progress
Climate change and the rapid evolution of the insect have helped drive up malaria deaths and brought dengue and other mosquito-borne viruses to places that never had to worry about them.Read More
