New Land Grab by Oil Giants Is Deep Underground
Companies are shelling out big dollars to get rights to subsurface holes where they hope to store carbon dioxide.
World’s Biggest Offshore Center Backs Effort to Fight Corporate-Tax Avoidance
Swiss voters overwhelmingly supported a global move to establish a minimum tax on corporate profits.
U.N. Says Russia Is Blocking Aid to Flooded Areas in Ukraine
Kyiv’s forces took control of another village along the southern front line, the first new territory they have claimed in a week, […]
At Least 4 Palestinians Killed During Gunfight in West Bank
Israel’s use of airstrikes prompted escalatory rhetoric from both Palestinian and Israeli officials.
Courts Put Privacy Over Transparency in FTX, Other Crypto Bankruptcies
Bankrupt crypto companies are convincing courts to keep their customers’ data under seal.
What’s in Your Bag or Briefcase? Smucker CFO Wants It to Include Uncrustables Sandwiches
The Uncrustables brand is boosting sales for J.M. Smucker, which is in part because of broad appeal, according to CFO Tucker Marshall.
What Is Juneteenth? And How Did It Become a Federal Holiday?
The celebration commemorates the day when the last enslaved African-Americans were informed they were free.
Xi to Meet Blinken Monday as U.S., China Resume High-Level Engagement
Xi Jinping is set to meet Secretary of State Antony Blinken in Beijing as the Biden administration seeks to restore high-level engagement […]
Copper Weakens Ahead of China Central Bank Meeting
Copper prices slipped and other base metals were mixed, as traders nervously awaited a Chinese central bank meeting on Tuesday at which […]
SVB Securities to Be Acquired in Management Buyout
The investment-banking business tied to Silicon Valley Bank will go back to being called Leerink Partners.
Oil Dips on China Growth Fears
Oil prices fell as investors continued to worry about the Chinese economy, with recent weak data undermining hopes that China’s postpandemic recovery […]
Michelin Buys High-Tech Fabrics Engineer
Michelin has acquired Flex Composite from private-equity firm IDI for €700 million, expecting the deal to gradually increase its underlying earnings margin.