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Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal
Business

Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal

Energy Transfer said the purchase of rival Crestwood Equity Partners would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets. Source link

EV Startup VinFast's Stock Rally Pushes Value Higher Than GM, Ford
Business

EV Startup VinFast's Stock Rally Pushes Value Higher Than GM, Ford

Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value. Source

Some Fed Officials Are Turning Cautious about Raising Rates Too High
Business

Some Fed Officials Are Turning Cautious about Raising Rates Too High

Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link

Economics Tamed the Weather. Now the Weather Strikes Back.
Business

Economics Tamed the Weather. Now the Weather Strikes Back.

As extreme conditions grow more frequent, threat mounts to growth and inflation, especially in poor countries. Source link

Boeing Taps Ford Veteran to Chart China Recovery
Business

Boeing Taps Ford Veteran to Chart China Recovery

Alvin Liu is a veteran legal and government-engagement specialist with decades of experience in China. Source link

Beijing Is Caught in a Catch-22 as Economy, Currency Stumble
Business

Beijing Is Caught in a Catch-22 as Economy, Currency Stumble

China wants to boost its sluggish economy and keep its currency stable, but that is proving a difficult juggling act. Source link

U.K. Inflation Slows, but Still a Worry
Business

U.K. Inflation Slows, but Still a Worry

The annual rate of inflation slowed but it may not be falling fast enough to convince the Bank of England to pause interest rate increases.

Target Sales Are Punished by Pride Month Backlash
Business

Target Sales Are Punished by Pride Month Backlash

The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source link

Race to Control Electric-Vehicle Supply Chains Leads to Africa
Business

Race to Control Electric-Vehicle Supply Chains Leads to Africa

To bypass China, Western companies are investing in facilities to process battery metals in countries such as Tanzania, Mauritius and South Africa A lithium ore