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SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Deal on China Flights Signals U.S. Airlines' Stronger Hand
Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source link
How Hard Should the Fed Squeeze to Reach 2% Inflation?
The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers, the markets and the economy.
Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push
Sweetgreen hired two former Chipotle Mexican Grill executives to lead its marketing and culinary development, part of the salad chain’s strategy to expand beyond large
Car Prices Might Be Unsustainable for Buyers
Surging loan delinquencies signal that many consumers can’t afford their auto loans. Source link
Retailers Are Fleeing Downtown San Francisco. IKEA Is Moving In.
Listen to article (1 minute) IKEA thinks it can succeed where a string of other retailers have given up—in San Francisco’s beleaguered downtown district. Copyright
Why the Era of Historically Low Interest Rates Could Be Over
Higher productivity and increased deficits could raise the “neutral” rate of interest, limiting Fed cuts. Source link
The AI Trade Faces Its First Major Test With Nvidia Earnings
The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now. Source link
The Man at the Center of the Battle to Ban TikTok
Montana Attorney General Austin Knudsen helped start a case that he thinks could make its way to the Supreme Court. Source link