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Governance
Pouring Ice Into Concrete: Builders Adapt to Extreme Heat
Engineers and architects seek solutions as roads, bridges and train tracks are buckling from extreme heat gripping the globe. Source link
Charles Schwab Survived the Deposit Crisis. What Comes Next?
Charles Schwab is best known as the largest publicly traded U.S. brokerage firm, but it also runs a large bank that isn’t quite too big
U.K. Clinches $5 Billion EV-Battery Plant as Race for Green Investments Heats Up
The move by the owner of Jaguar Land Rover throws a lifeline to Britain’s industry, which has a patchy record in the global race to
How Allbirds Lost Its Way
Quality complaints—and intractable holes—have dogged the hot shoe company, which rolled out an assortment of new products but found environmental sustainability a tough sell. Source
Bob Iger Isn’t Having Much Fun
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Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon
Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the business of transporting and storing
Investor Group Takes Aim at Antibiotics, Demanding Changes From Fast-Food Companies
Concern over the rise of drug-resistant superbugs is spreading beyond hospital wards and health clinics to the world’s major financial centers. Source link
The Accountant Shortage Is Showing Up in Financial Statements
Advance Auto Parts and others have cited a lack of skilled accounting personnel for material weaknesses in their financial-reporting controls, a key predictor of restatements.
Japan Accuses Australia of Betrayal in Fight Over Natural-Gas Exports
The two U.S. allies, normally close, are trading barbs after Canberra clamped down on carbon emissions. Source link
Icahn Gets Breathing Room From Lenders Following Short-Seller Attack
The deal unties his personal loans from the trading price of his company’s shares, increase his collateral and set up a plan to fully repay