• 02/22/2025

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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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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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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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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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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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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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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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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Ukrainian billionaire Rinat Akhmetov begins arbitration against Russia for captured assets, including Donbas Arena

Pravda Ukraine Ukrainian billionaire Rinat Akhmetov has commenced arbitral proceedings against the Russian Federation to claim compensation for all losses caused to him in 2014-2017 as a result of asset seizure by the aggressor country. https://www.pravda.com.ua/eng/news/2023/04/11/7397354/

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Volcano Eruption in Russia’s Far East Blankets Village in Ash, Disrupts Air Traffic

Moscow Times The last time that the Shiveluch volcano released such a large amount of ash in the area was in 1964. https://www.themoscowtimes.com/2023/04/11/volcano-eruption-in-russias-far-east-blankets-village-in-ash-disrupts-air-traffic-a80785

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