U.S. stocks traded mostly higher on Thursday afternoon with the Dow Jones Industrial Average wavering between gains and losses.
: Shell sees first quarter gas output rising but corporate losses widening
The energy group expects to post a widened adjusted earnings loss of between $0.9 billion and $1.2bn for the first quarter, from $0.6bn the preceding quarter.
: German industrial production rose for second consecutive month in February
Industrial output–comprising production in manufacturing, energy and construction–rose 2% in February compared with the previous month.
: Allianz says it will not renew Nord Stream insurance cover
The German insurer doesn’t intend to renew a policy providing insurance cover for the Nord Stream pipeline when it expires later this year.
Tax Guy: I bought a used EV and now want solar panels. Can I claim tax credits for both in the same year?
New clean-energy tax rules are creating new tax questions about electric vehicles and solar panels
: Venture funding plunges amid the implosion of Silicon Valley Bank
By the end of the first quarter of 2023, fundraising momentum of 2021 had all but evaporated, with a paltry $11.7 billion closed across 99 funds in the U.S. — on track for the worst performance since 2017, according to a PitchBook-NVCA Venture Monitor report issued late Wednesday.
Key Words: One important lesson Tim Cook learned from Apple founder Steve Jobs: GQ interview
Tim Cook, the CEO of Apple, says he learned to avoid being dogmatic from Steve Jobs, the founder of the Cupertino, Calif.-based company who died 12 years ago.
FA Center: Your financial adviser won’t say it, but you might be able to get a managment fee discount
Advisers want to provide a service that you find valuable and reasonably priced.
The Tell: Commercial real-estate prices could tumble 40%, rivaling declines from the 2008 financial crisis: Morgan Stanley
A downward spiral of commercial property prices can hurt sectors beyond the real-estate industry, warns Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management.
The Wall Street Journal: ‘Lefortovo is the most isolated place to be’: Inside the infamous Russian prison holding Evan Gershkovich
Former prisoners at Lefortovo and their lawyers and families describe a sterile facility carefully engineered to make its prisoners feel abandoned
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