On this edition of Wall Street Week, Scott Chronert, Citi US Equity Strategist explains why he sees the breadth of the market broadening out. Henry McVey, KKR Head of Global Macro, Balance Sheet, and Risk Team and CIO of KKR Balance Sheet sees domestic investment opportunities in China. Christine Todd Whitman, Former New Jersey Governor,…
The US Department of Commerce is continuing an investigation into Applied Materials Inc.’s shipments to Chinese customers, part of a broader effort to ensure that increasingly strict trade restrictions against the Asian nation are effective. from Bloomberg Politics https://ift.tt/79xR34T
Norway’s sovereign-wealth fund will vote against the re-election of Exxon Mobil director Joseph Hooley, opposing a move it says undermines shareholder rights. https://www.wsj.com/business/energy-oil/norways-oil-fund-to-vote-against-exxon-mobil-amid-shareholder-rights-concern-cdb99398
More striking hotel workers edge toward finish line after seven more hotels reach tentative agreements.
Millennium Management demanded a number of significant changes at Weiss Multi-Strategy Advisers as part of failed talks to take over the troubled hedge fund, including firing all but five portfolio managers, winding down the firm’s core staff and kicking out client cash. from Bloomberg Markets https://ift.tt/9HKgqtE
Eyewitnesses tell the BBC they heard what sounded like an explosion as a two-storey restaurant collapsed, killing four. https://ift.tt/0UPHxam May 24, 2024 at 02:34PM
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are George Maris, Principal Asset Management, Maria Elena Vizcaino, Bloomberg News, Tom Nikic, Wedbush Securities, Fred Thiel, Marathon CEO, Lori Calvasina, RBC Capital Markets, Jake DeWitte, Okla…
The landslide struck in the early hours, burying 100 houses in six highland villages. https://ift.tt/JnuNKsH May 24, 2024 at 09:43PM
An officer with the Louisville Metro Police Department (LMPD) in Kentucky received “corrective action” after an internal investigation into the arrest of two-time PGA major winner Scottie Scheffler revealed the officer did not follow proper protocols and turn on his body camera.  It’s apparently not the first time Det. Bryan Gillis has gotten into trouble.…
A Mississippi man, and former Republican congressional candidate, pleaded guilty Friday in connection to the vandalism of a statue of a pagan idol at the Iowa state capitol in exchange for the dropping of a hate crime charge. Michael Cassidy pleaded guilty to an aggravated misdemeanor count of third-degree criminal mischief, the Des Moines Register…