Oil prices were slightly lower on a stronger dollar and as traders remained on edge ahead of U.S. inflation data and OPEC+โs meeting later this week. https://www.wsj.com/articles/oil-edges-lower-on-cautious-mood-ahead-of-opec-meeting-5ace70bd
S&P 500 ends three-day winning streak, Salesforce plunges on revenue and forecast and Peltz sells entire Disney stake. https://www.cnbc.com/2024/05/30/cnbc-daily-open-dow-drops-nvidia-couldnt-save-nasdaq.html
The court acquitted two other defendants, saying it “cannot be sure” that they were “parties to the scheme”. https://ift.tt/5Sv6CU4 May 30, 2024 at 10:41AM
BHP Group thought it could buy its way to becoming the worldโs top copper producer. Now, it may need to expand or build its own mines to get there. https://www.wsj.com/articles/the-worlds-top-miner-abandoned-its-proposed-megadeal-heres-what-could-be-next-for-bhp-1eb18594
The countryโs buzzing economy and fiscal reform efforts wins an outlook upgrade from S&P, a move economists say might pave the way for sovereign rating upgrades. https://www.wsj.com/articles/indias-buzzing-economy-reform-efforts-earn-upgraded-outlook-from-s-p-27d2f1df
Jodi Wellman, a positive psychology expert, was an executive leader for 17 years but realized that achieving the pinnacle of success wasn’t bringing her any joy. https://www.cnbc.com/2024/05/30/how-to-decenter-work-and-live-a-purposeful-life-psychology-expert.html
Former Credit Suisse Chief Executive Ulrich Koerner, the bankโs last boss before its takeover by UBS , is leaving the group at the end of June, as part of a broader reshuffle of the group executive board. https://www.wsj.com/articles/credit-suisses-last-ceo-ulrich-koerner-to-leave-ubs-5d2f79ae
Justice Alito rejected calls to sit out pending cases involving Trump, saying he had nothing to do with his wife raising MAGA-associated flags at the coupleโs homes. https://www.wsj.com/politics/policy/alito-rejects-recusal-calls-over-flying-of-maga-associated-flags-at-his-homes-1e8dcd9a
Shake Shack built a $4 billion business as an alternative to fast food, with gourmet cachet and lofty prices. But as it expands, itโs embracing a proven fast-food strategyโdrive thruโwhile trying to preserve its premium branding. https://www.wsj.com/articles/shake-shackthe-anti-fast-food-chainturns-to-drive-thru-as-it-expands-b73e0c0d
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