MIT’s $23.5 Billion Fund Posts Loss While Big Endowments Lag
Massachusetts Institute of Technology’s endowment lost 2.9% on its investments in the year ended in June, the second
2023-10-07 02:23
Codelco CEO Simplifies Management in Bid to Fix Growing Copper Mine Woes
Codelco’s new boss is restructuring management at the Chilean state copper behemoth as he looks to turn around
2023-10-07 02:18
Australia LNG Workers Set to Resume Strikes as Prices Rise
Workers at Chevron Corp. liquefied natural gas facilities in Australia plan to resume strikes, sending prices higher on
2023-10-07 01:54
US restaurant employment recovers to pre-pandemic levels
By Amina Niasse NEW YORK U.S. restaurant employment reached pre-pandemic levels in September for the first time in
2023-10-07 01:52
Economy Is ‘Too Hot to Handle’: Wall Street Reacts to Jobs Report
The selloff in US stocks didn’t last long. Dip buyers sensing an overreaction to the blowout US jobs
2023-10-07 01:48
Mexican Stocks Set for Worst Week of 2023 on AMLO Worries
Mexican stocks clawed back some of the steep losses sparked by an unexpected change to airports’ concessions agreements
2023-10-07 01:48
Codelco says reassessing costs of projects to upgrade mines
By Pratima Desai and Julian Luk LONDON Chile's Codelco, the world's largest copper producer, is reassessing the costs
2023-10-07 00:55
Brazil auto exports to plunge this year as Argentina crisis hits hard
By Alberto Alerigi SAO PAULO Brazilian auto exports are set to plunge by double digits in 2023 when
2023-10-07 00:25
CME Head Duffy Warns New Taxes Threaten Chicago’s Recovery
Few businesses have Chicago roots as deep as the CME Group Inc. — the company has been based
2023-10-06 23:53
Here's why the shockingly good jobs report is going to cost you
The US economy feels lousy for so many people. So you'd think some really, really, shockingly good news about the job market would give Americans' spirits a boost.
2023-10-06 22:50
SoftBank’s Arm Faces Wall Street Scrutiny After Biggest US IPO Since 2021
Major Wall Street bank analysts will begin weighing in on one of the most-watched initial public offerings in
2023-10-06 22:19
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:52