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Junk Bonds Stage a Comeback as Investors Regain Risk Appetite

Borrowing by the riskiest companies was higher this week than in all of July, but some warn that the window may not be open for long.  » mehr lesen

CEOs Are Obsessed With ‘Elasticity’ as Inflation Soars. Here’s Why.

The economic concept, which describes consumers’ sensitivity to prices, is a hot topic as inflation soars and executives fret about profits.  » mehr lesen

Florida’s ‘Stop WOKE’ Act Gets Pushback in Court

A federal judge blocked a key provision of the state’s law aimed at private businesses, calling it something you might find in an alternate universe.  » mehr lesen

Xiao Jianhua Sentenced to 13 Years for Financial Crimes

Five years after being grabbed from a Hong Kong hotel, Xiao Jianhua, who came to symbolize China’s corporate excess, also faces a hefty fine, as does his company.  » mehr lesen

She Had an AirTag in Her Lost Luggage. It Led Police to a Baggage Handler’s Home.

An airport worker in Florida was charged with two counts of grand theft after a tracking device aided a sheriff’s investigation.  » mehr lesen

Help! I’m 93, My Postponed Cruise Has Been Postponed Again, and I’d Like My Money Back.

A cruise company keeps pushing back its planned journeys, offering credits instead of a refund, and a passenger feels like the ship has sailed on her ability to enjoy a boat trip....

Brian Stelter Leaving CNN After Network Cancels ‘Reliable Sources’

Chris Licht, the new chairman of CNN, has told employees that he is retooling the network’s programming.  » mehr lesen

Why Bed Bath & Beyond Shares Surged This Week, Then Plunged

Trading in the retailer’s stock was turbulent after an investor disclosed a 10 percent stake and then indicated that he wanted to sell.  » mehr lesen

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