Until a few weeks ago, Chinese shares were among the best-performing in the world over the previous six months as investors bet on the country's economic recovery after the lifting of pandemic restrictions. Read full article
Turkey's President Recep Tayyip Erdogan still believes he's right, and most of the rest of the world is wrong, when it comes to fighting inflation. Read full article
During Thursday's meeting with the CEOs of large banks, Treasury Secretary Janet Yellen told executives that more bank mergers may be necessary as the industry continues to navigate through a crisis, two people familiar with the matter told CNN. Read full article
Disney's battle with Florida's Republican governor and soon-to-be presidential contender, Ron DeSantis, is playing out like a reality TV show. And while Disney's tactical maneuvering — most recently, abandoning a $1 billion office project near Orlando — has dominated headlines, that partly overshadows a less-cinematic reality: Disney's business is struggling. Read full article
Morgan Stanley chief executive James Gorman will step down as the company's head within the next 12 months, he said Friday at the bank's annual shareholder meeting. Read full article
Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a top rating for LGBTQ+ equality. But because of how the company handled backlash to a sponsored post by Dylan Mulvaney, a transgender woman, it's now off the list. Read full article
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