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Corporate/Industrial News
IBM Explores Sale of Weather Business
WSJ News Exclusive Deals Weather.com owner could fetch more than $1 billion in a sale Source link
White House Works to Satisfy Senate Democrats in Fed Vice Chair Search
The Biden administration has narrowed its list of candidates and canvassed Latino economists. Source link
U.S., U.K. Sanction Firms Tied to Russian Oligarch Alisher Usmanov
World Europe Russia Effort to sever Russian economy from global trade, finance continues Source link
Twitter Inc. Changes Its Name to X Corp. and Moves to Nevada
Tech Elon Musk-owned platform keeps Twitter branding but is no longer incorporated in Delaware Source link
JPMorgan Flagged Epstein's Large Withdrawals Years Before His 2008 Conviction, Lawsuit Alleges
In 2006, court papers say, bank employees noted that the financier was withdrawing $750,000 a year in cash. Source link
U.S. Seeks to Accelerate Transition to EVs with Tough Tailpipe Emission Rules
Consumer sentiment, charging station buildout and high EV costs loom as obstacles to the Biden administration’s aggressive plan. Source link
Inflation Report Keeps May Interest-Rate Increase in Play
Fed officials have signaled greater uncertainty about the economic outlook following bank failures. Source link
National CineMedia Files for Bankruptcy as Latest Casualty of Cinema Slump
National CineMedia LLC, the largest movie-theater advertisement business in North America, filed for bankruptcy Tuesday after facing years of challenges from reduced attendance at cinemas
U.S. Regulators Playing Catch-Up With Tesla-Focused Detroit
American car manufacturers already had plenty of reasons to invest in EVs before Washington’s new tailpipe-emissions proposal. Source link
Exxon Deal Hunt Signals Possible Shale M&A Wave
A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work. Source link