Federal Reserve Bank of Dallas President Robert Kaplan said he dissented at the central bank’s September meeting so that future policy makers wouldn’t be forced to keep rates near zero.
Kuwait’s ruler Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, a seasoned diplomat who tried to heal rifts between feuding Gulf states and rebuilt ties with former foe Iraq, has died. He was 91.
CME Group Inc. informed its members of a positive Covid-19 case in someone who’d been in the eurodollar options pit on Sept. 25 and said the trading floor has been disinfected twice since then and will remain open.
Palantir Technologies Inc. isn’t the only Peter Thiel-backed company going public this week. Workplace management software firm Asana Inc. is also set to debut through a direct listing, an alternative route to going public last tested in 2019.
Molson Coors Beverage Co. will manufacture, market and distribute Coca Cola Co.’s new hard seltzer version of Topo Chico mineral water in the U.S.
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