Investors are preparing for a bleak 2023 by doubling down on cash-rich companies. “We prefer companies that generate cash rather than those that require capital to grow. Not only will rates remain higher than in the past, but we will…
Hedge fund Elliott Investment Management has taken a large activist stake in Salesforce Inc., making the move after layoffs and a stock swoon in the enterprise software giant. Elliott, who often pushes for strategic changes and seeks board representation, took…
Are you enjoying the start of the new lunar calendar year? The Year of the Rabbit is supposed to represent hope, peace and prosperity. And we’ll all need more of that in 2023. But for now, this week will likely…
The speaker of Russia’s parliament warned Sunday that countries supplying Ukraine with more powerful weapons risked self-destruction, a message that followed new promises of armored vehicles, air defense systems and other equipment, but not the battle tanks Kyiv had requested.…
Argentina and Brazil are in the early stages of renewing discussions on forming a common currency for financial and commercial transactions, reviving an often-discussed plan that faces many political and economic obstacles. South America’s two largest economies have been considering…
The White House plans to name Jeff Zients as chief of staff following the departure of Ron Klain, a person familiar with the matter said on Sunday, in what would be an important reshuffle in one of the most complicated…
Jeff Zients, the White House’s Covid-19 response czar, said during a press briefing at the White House where he talked about pausing the release of the Johnson & Johnson Janssen Covid-19 vaccine on April 13, 2021, in Washington, DC. Brendan…
Incoming New Zealand Prime Minister Chris Hipkins has called for men to call out misogyny and abuse women on sight, saying the way Jacinda Ardern’s predecessor was viewed by some as “absolutely disgusting.” “I think we often leave women to…
French President Emmanuel Macron and German Chancellor Olaf Scholz on Sunday pledged to strengthen the European Union and strengthen bilateral ties that have been strained by Russia’s invasion of Ukraine and the energy crisis. In a joint communiqué issued after…
Members of Ukraine’s 95th Air Assault Brigade defend an area near the front line of combat on Jan. 12, 2023, outside Kremina, Ukraine. Spencer Platt | Getty Images News | Getty Images WASHINGTON – The director of America’s spy agency…