How Evergrande’s Chief Tried to Turn Things Around—and Failed
Hui Ka Yan, once one of the world’s richest men, led China Evergrande through its rise and fall. His failures in the aftermath made the property developer’s collapse a bigger problem for the country’s slumping housing market.Read More
Activist Builds News Corp Stake, Plans to Seek Changes
Starboard believes the media company trades at a significant discount due to its structure.Read More
These Companies Are Being Squeezed by Higher Rates
Surging interest expenses are wiping out profits for some issuers of risky loans.Read More
Trading Stocks Loses Its Thrill: ‘I would Get Burned’
Individual investors are dialing back on risks across markets.Read More
Trader’s Case Tests DOJ’s Policing of Global Currency Market
London hedge-fund manager, facing trial Monday on market-manipulation charges, says trading was part of lawful bet on South African currency.Read More
Why the U.S. Government Has $5 Billion in Bitcoin
Uncle Sam’s stash was seized from cybercriminals and darknet markets. What the U.S. does with its bitcoin could cause ripple effects in the digital-asset market. Read More
Cash Is the New Coupon
Is a 3% cash discount enough to make people ditch credit cards and payment apps?Read More
Gas Prices Fueled Summer Inflation. That Is About to Change.
Prices at the pump are tumbling, even as war rages in the Middle East.Read More
CEO Encore Might Shortchange Dollar General
There is a long history of legendary CEO returns, but more companies have regretted them than rejoiced.Read More
Carl Icahn Bet on the ‘Big Short 2.0.’ Now He Says the Game Was Rigged.
A wager against U.S. shopping malls looked like a sure thing but hasn’t worked out that way.Read More
