• 11/15/2024

A burst of supply from a grab bag of smaller oil-producing countries threatens to undermine efforts by Saudi Arabia and its allies to keep prices high.

Wall Street Journal A burst of supply from a grab bag of smaller oil-producing countries threatens to undermine efforts by Saudi Arabia and its allies to keep prices high.  https://www.wsj.com/articles/saudi-arabia-led-oil-cuts-run-into-gusher-of-alternative-supplies-3fb9953f

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Tesla is building a factory in Shanghai to produce its Megapack battery, Chinese state media reported, further expanding into the country at a time of fraught U.S.-China ties.

Wall Street Journal Tesla is building a factory in Shanghai to produce its Megapack battery, Chinese state media reported, further expanding into the country at a time of fraught U.S.-China ties. https://www.wsj.com/articles/tesla-to-build-new-china-plant-for-energy-storage-battery-aa8a76db

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Whole Foods Market is exploring building commercial kitchens that would make prepared meals for the grocer’s food bars and refrigerated cases, people familiar with the matter said.

Wall Street Journal Whole Foods Market is exploring building commercial kitchens that would make prepared meals for the grocer’s food bars and refrigerated cases, people familiar with the matter said. https://www.wsj.com/articles/whole-foods-market-explores-building-off-site-kitchens-to-supply-food-bars-4ca144d4

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Many workers laid off from big-name technology firmsare finding jobs at smaller and midsize companies, and increasingly outside the tech sector.

Wall Street Journal Many workers laid off from big-name technology firms are finding jobs at smaller and midsize companies, and increasingly outside the tech sector. https://www.wsj.com/articles/as-tech-jobs-disappear-silicon-valley-veterans-reset-their-careers-dbdb983

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This week’s kickoff to the corporate earnings season offers the next trial for the market as investors consider whether U.S. stocks can hold on to recent gains amid deteriorating profits.

Wall Street Journal This week’s kickoff to the corporate earnings season offers the next trial for the market as investors consider whether U.S. stocks can hold on to recent gains amid deteriorating profits. https://www.wsj.com/articles/investors-view-corporate-earnings-season-as-next-test-for-stocks-9d9a1775

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What’s News: Business & Finance

Wall Street Journal What’s News: Business & Finance https://www.wsj.com/articles/whats-news-business-finance-26c0c3f3

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A judge’s ruling against the FDA’s approval of the abortion pill could weaken the agency, opening its science-based decisions to court reviews, said lawyers specializing in the matters.

Wall Street Journal A judge’s ruling against the FDA’s approval of the abortion pill could weaken the agency, opening its science-based decisions to court reviews, said lawyers specializing in the matters. https://www.wsj.com/articles/what-the-texas-courts-abortion-pill-ruling-means-for-fda-c117f015

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What’s News: World-Wide

Wall Street Journal What’s News: World-Wide https://www.wsj.com/articles/whats-news-world-wide-f7d4befa

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Saudi negotiators met with Iran-backed Houthi rebels in the Yemeni capital to hammer out details of a long-term truce that could pave the way toward a lasting peace after eight years of war, officials said.

Wall Street Journal Saudi negotiators met with Iran-backed Houthi rebels in the Yemeni capital to hammer out details of a long-term truce that could pave the way toward a lasting peace after eight years of war, officials said. https://www.wsj.com/articles/saudi-arabia-houthis-advance-toward-long-term-cease-fire-in-yemen-afa10c9b

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China is attempting to balance its fury over Taiwan with a desire to play the role of global peacemaker, as Beijing seeks to sustain a burst of diplomatic momentum and establish itself as a global counterbalance to Washington.

Wall Street Journal China is attempting to balance its fury over Taiwan with a desire to play the role of global peacemaker, as Beijing seeks to sustain a burst of diplomatic momentum and establish itself as a global counterbalance to Washington. https://www.wsj.com/articles/china-warns-taiwan-with-an-eye-on-rest-of-the-world-cea19bf

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