Nations – Page 33011 – Prologue Journal

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

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

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

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

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

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

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

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

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

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/