From Australian mining behemoths to Florida theme parks, investors are betting on whether companies will benefit or take a hit as extreme weather becomes the norm around the world due to climate change.
President Joe Biden defended a debt limit deal he struck with Republicans as necessary to prevent an “economic collapse” and said he would sign it on Saturday amid frustration from many lawmakers in both parties who backed the agreement reluctantly.
Labor actions have disrupted work at several key US West Coast port terminals, all of which are part of protracted negotiations for a new contract for dockworkers.
Rodeo Drive’s storefront windows display the world’s most expensive labels: Gucci handbags, Prada slingback pumps, Chanel perfumes.
Blackstone Inc. and Goldman Sachs Asset Management are leading a £1.25 billion ($1.6 billion) direct lending deal to support EQT AB’s recent purchase of Dechra Pharmaceuticals, as private credit lenders further encroach on traditional debt markets.
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