• 11/30/2024

Sandstorm strikes Beijing, with more on the way as hazy, windy weather sweeps across northern China

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. It is the eighth sandstorm to hit the Chinese capital so far this year, marking the most active spring storm season in a decade. https://www.scmp.com/news/china/science/article/3216681/sandstorm-strikes-beijing-more-way-hazy-windy-weather-sweeps-across-northern-china?utm_source=rss_feed

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Followers Describe Allure of Chinese Businessman Charged With Fraud

Wall Street Journal Guo Wengui said he would help bring democracy to China and topple the Communist Party. ‘I believed that he was a chance for China to become democratic,’ one investor said. https://www.wsj.com/articles/followers-describe-allure-of-chinese-businessman-charged-with-fraud-dcef4f0e

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What to Watch in Johnson & Johnson’s Second Talc Bankruptcy

Wall Street Journal The company’s second attempt to resolve its mass talc liabilities through a bankruptcy filing is likely to face a different set of risks than its first, which was dismissed. https://www.wsj.com/articles/what-to-watch-in-johnson-johnsons-second-talc-bankruptcy-83fd27c7

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Your Gen Z Co-Worker Is Hustling More Than You Think

Wall Street Journal Ambitious 20-somethings are trying to knock down the stereotype that they aren’t into hard work https://www.wsj.com/articles/your-gen-z-co-worker-is-hustling-more-than-you-think-7717bc5e

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The Pentagon’s Purported Classified Document Leak: What to Know

Wall Street Journal The U.S. is seeking to assess the damage from an intelligence breach after officials discovered images of purportedly classified U.S. documents circulating online. https://www.wsj.com/articles/pentagon-leak-classified-intelligence-documents-takeaways-6dd576b8

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Collapse of SVB, Signature Bank Tests FDIC’s Executive Reserve Corps

Wall Street Journal Tim Mayopoulos and Greg Carmichael were called up and sprang into action to calm panicked customers and employees. https://www.wsj.com/articles/collapse-of-svb-signature-bank-tests-the-fdics-executive-reserve-corps-d2fc1eb6

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Next Wave of Remote Work Is About Outsourcing Jobs Overseas

Wall Street Journal Companies are responding to labor shortages and rising wages by moving some positions abroad, labor consultants say. https://www.wsj.com/articles/next-wave-of-remote-work-is-about-outsourcing-jobs-overseas-54af39ba

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Credit Suisse’s Risky Bond Wipeout Hurts Asia’s Rich

Wall Street Journal Private bankers from UBS and other international banks actively pushed AT1 securities to their wealthy clients for years. https://www.wsj.com/articles/credit-suisses-risky-bond-wipeout-hurts-asias-rich-a502ce

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Exxon Deal Hunt Signals Possible Shale M&A Wave

Wall Street Journal A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work. https://www.wsj.com/articles/exxon-deal-hunt-signals-possible-shale-m-a-wave-c92c9fc

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Deepening Florida Drought Hits Ranchers, Growers

Wall Street Journal About two-thirds of the state is under moderate to extreme drought conditions. https://www.wsj.com/articles/deepening-florida-drought-hits-ranchers-growers-d4e9abb1

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