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Bloomberg
China’s Largest Tech ETF Sees Audit-Dispute End Boosting Inflows
(Bloomberg) — The firm behind the largest exchange-traded fund targeting Chinese tech is bullish on the prospects of a potential audit deal between Beijing and Washington, an agreement it says would prompt investors to flock back to beaten-down shares.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneTech Weighs on US Sto
Bloomberg
World Cup Stadium Builder Calls In Lazard Over Euro-Dollar Derivatives Gone Wrong
(Bloomberg) — Italian engineering company Cimolai SpA has hired advisers at Lazard Ltd. to help it restructure derivatives that have soured in recent months amid steep losses for the euro. Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneVolatility Grips Stocks as Fed Remains Hawkish: Markets WrapThe UK’s Crisis of Confi
Bloomberg
Meta Announces Hiring Freeze, Warns Employees of Restructuring
(Bloomberg) — Meta Platforms Inc., the owner of Facebook and Instagram, said it will freeze hiring and restructure some teams in an effort to cut costs and shift priorities, putting an end to the social media giant’s years of rapid growth and expansion.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneVolatility Grips Sto
Bloomberg
Billionaire Push Sees Top Australia Emitter Hasten Coal Exit
(Bloomberg) — Australia’s top polluter bowed to pressure from its biggest shareholder, billionaire climate activist Mike Cannon-Brookes, and announced it would exit coal power by 2035, a decade earlier than previously planned.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesNord Stream Gas Leaks May Be a New Disaster for the ClimateTrump R
Reuters
UPDATE 3-Mercedes, Volvo, Boeing to close S. Carolina plants Friday due to Hurricane Ian
Automakers Mercedes Benz and Volvo Cars, U.S. planemaker Boeing Co, and the seaports that support manufacturers will suspend operations in South Carolina on Friday due to the potential impact of Hurricane Ian. Ian, currently downgraded to a tropical storm, is expected to be become a hurricane again later on Thursday before making U.S. landfall for the second time on Friday, according to the U.S. National Hurricane Center. It issued a hurricane warning for the entire coast of South Carolina.
Motley Fool
Get Ready for the Amazon Prime Early Access Sale 2022, a New Two-Day Sale
Missed this year’s Amazon Prime Day? In this case, Amazon has a new Prime Early Access Sale on Oct. 11 and 12. Find out what to expect from Amazon’s latest spending bonanza, how to get ready, and how to find the best deals.
Bloomberg
Ian Leaves Florida’s Grid in Tatters Despite Billions Spent
(Bloomberg) — Parts of Florida’s electric grid must be completely rebuilt after Hurricane Ian battered the state and blacked out 2.6 million homes and businesses — many of which face days or even weeks without power.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneVolatility Grips Stocks as Fed Remains Hawkish: Markets
Bloomberg
Ian Triggers Port, Rail Closures, Further Straining Supply Chain
(Bloomberg) — Major ports and rail facilities across the US Southeast have halted operations as one of the strongest hurricanes to ever hit the country advances as a tropical storm, causing disruptions along the way and resulting in another blow for already strained supply chains. Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite
TheStreet.com
Has AT&T Reached the Point of No Return?
AT&T is trading lower Thursday and is very close to a major support breakdown. How major do you ask? Let’s look at one Point and Figure chart. In the daily Point and Figure chart of T, below, we used close-only price data.
Benzinga
REITs Relief Rally: These 4 Majors Had The Biggest Move Up
After many days of serious selling pressure, real estate investment trusts (REITs) found eager and willing buyers on Sept. 28. Several of the major REITs gained in price by 3% or more, a significant upward move considering the recent downswings. Whether the overall trend lower remains in place is a concern for investors. Here are four well-known REITs that rallied and rallied well: Farmland Partners Inc. (NYSE: FPI) gained 3.26%. After being down by more than 5% after trading opened the previous