Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is already fading.
Category: Stocks and Bonds
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Oil Giants, After Surge in Profits, Are Wary About Spending
The New York Times – Business: -
U.S. Courts India as Technology Partner to Counter China
The New York Times – Business:American and Indian officials are working toward new partnerships in defense technology, advanced telecom and semiconductors.
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Embattled Indian Business Empire Raises $2.5 Billion in Tricky Share Offering
The New York Times – Business:Gautam Adani’s conglomerate managed to raise fresh funds despite market turmoil looming over the move.
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Why Stripe Is Raising Money at a Lower Valuation
The New York Times – Business:Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.
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The Last Boeing 747 Leaves the Factory
The New York Times – Travel:The plane known as “Queen of the Skies” helped make air travel more affordable, but it has been supplanted by smaller, more efficient aircraft.
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Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble
The New York Times – Business:If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.
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The Week in Business: Creeping Layoffs
The New York Times – Business:Data shows that the U.S. economy has been largely resilient. The Fed may slow its rate increases. And the jobs report is expected to show solid gains.
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Gautam Adani’s Conglomerate Shaken by Stock Market Rout
The New York Times – Business:The Adani Group, founded by Gautam Adani, Asia’s richest person, has lost $50 billion in value this week as it rebutted a critical report from a New York investment firm.
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Your Investment Lost Money Last Year. So Why the Big Tax Bill?
The New York Times – Business:When you invest and where matters for taxes. But a few rules of thumb can stave off some nasty surprises, our columnist says.
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Tesla’s Profit Jumped 12% in Fourth Quarter
The New York Times – Business:The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.