Hawaiian Electric Industries is in talks with restructuring firms to explore its legal and financial options after Maui wildfires, the Wall Street Journal reported Wednesday.
: Appeals court rules to restrict abortion-pill access, but it will remain widely available for now
Widely used medication abortion method hangs in balance, with case likely headed to U.S. Supreme Court
Earnings Results: Wolfspeed’s stock sinks as silicon-carbide chip company sees swelling losses
Wolfspeed on Wednesday forecast steeper losses than anticipated for the current period.
: Biden calls IRA ‘one of the most significant laws’ ever as he promotes climate investments
President Biden marked the first anniversary of his Inflation Reduction Act, a massive package that is part of his broader “Bidenomics” program.
The Ratings Game: Synopsys stock rises as chip-design company’s earnings, outlook top Street view
Synopsys shares rose after hours Wednesday after the chip design verification and automation company topped Wall Street earnings expectations.
Earnings Results: Cisco logs a strong quarter, pushing stock higher despite cautious full-year guidance
Full-year revenue jumped 11% to $57 billion, the company’s best performance in more than a decade.
: Margot Robbie hit it big with a $50 million ‘Barbie’ payday, but what about other actresses?
Women in Hollywood, similar to women in many other industries, generally make far less money than their male counterparts, which has persisted through time.
: Housing market has hit ‘rock bottom,’ says Redfin CEO Glenn Kelman
This is turning out to be a long, cool summer — at least where the housing market is concerned.
The Moneyist: ‘I’m only interested in zero risk’: I’m inheriting $100,000. Is a 5.5% CD a good rate? Where else should I invest?
“I’ve never had this kind of money before, or access to this kind of money.”
In One Chart: 10-year U.S. Treasury yields above 4% are probably the peak, says Swiss Re
The dramatic rise of the 10 year Treasury yield above 4% in recent weeks is likely a peak for this cycle, says Patrick Saner, head macro strategy at Swiss Re.
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