Topline A federal judge Monday ordered Sen. Lindsey Graham (R-S.C.) to testify before a Fulton County, Ga. grand jury that is probing former President Donald Trump and his allies’ attempts to overturn election results, after Graham had argued his position as a senator should exempt him from appearing before the panel. Key Facts U.S. District…
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Serial entrepreneur Bill Smith launched Landing in 2019. The furnished apartment rental firm expects $200 million in revenue this year by catering to the work-from-anywhere generation. B ill Smith steers his black Tesla X through the streets of downtown Birmingham, Alabama, and pulls into a low-rise apartment complex. “This used to be a brothel 100…
Topline A full-scale nuclear war between Russia and the U.S. could trigger a global famine and kill more than 5 billion people, according to peer reviewed research published in Nature Food on Monday, while a smaller regional nuclear conflict could also lead to the starvation of billions, sober findings that show the wide-reaching implications of…
Topline Oil prices plummeted to the lowest level in months on Monday morning after worse-than-expected data from China showed its economy unexpectedly slowed last month—fueling concerns that weaker market conditions could temper oil demand and potentially spark a global recession this year. Key Facts The price of West Texas Intermediate slipped more than 5% Monday…
Hainan reported more than 1,000 Covid-19 cases for Sunday, as tourists stranded in the popular holiday destination protested over the weekend.
China’s internet giants from Tencent Holdings Ltd. to ByteDance Ltd. have shared details of their prized algorithms with Beijing for the first time, an unprecedented move aimed at curbing data abuse that may end up compromising closely guarded corporate secre…
Major Wall Street banks including JPMorgan Chase & Co, Barclays Plc and Citigroup Inc. are offering to facilitate trades in Russian corporate debt and government bonds, according to Reuters.
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Russia defied expectations of a collapse in oil production following its invasion of Ukraine. But Moscow will have to redouble its efforts to find new buyers if it’s to keep output from shrinking in the coming months.
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.