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CEOs are having their worst year in decades
  + stars: | 2023-09-13 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
Oil prices hit 10-month highGlobal oil prices climbed above $92 a barrel on Tuesday for the first time in nearly 10 months, reports my colleague Matt Egan. Takeaways from Apple’s iPhone 15 eventTuesday was a big day for Apple as the tech titan unveiled its iPhone 15 lineup along with other major updates during its September keynote event. Among the highlights: The iPhone 15 Pro and iPhone 15 Pro Max now feature a titanium casing, allowing the design to be slimmer and thinner than before. The iPhone 15 comes in 5 colors (white, black, pink, green and yellow) and in two sizes: A 6.1-inch screen for the iPhone 15 and 6.7 inches for iPhone 15 Pro. The iPhone 15 will start at $799, and iPhone 15 Pro will start at $999.
Persons: New York CNN — It’s, , Bernard Looney, Looney, Stewart Glendinning, Timothy Baxter, Baxter’s, Baxter, Macy’s, Rosalind Brewer, Neil Saunders, hasn’t, Matt Egan, Brent, Matt Smith, , Clare Duffy, Samantha Murphy Kelly, Max Organizations: CNN Business, Bell, New York CNN, Ferguson Partners, BP, Express, Tyson Foods, Walgreens Boots Alliance, Walgreens, , Americas, AAA, Apple Locations: New York, , Libya, “ Libya, Kpler, Russia, Saudi Arabia
U.S. public pension funds, after pouring new money into commercial real estate at a record rate during the first half of the year, are cooling fast on the sector and cutting back on new investments. These retirement funds made $32.6 billion worth of new financial commitments to office buildings, warehouses, hotels and other commercial properties during the first six months of 2022, according to Ferguson Partners , a professional services firm that tracks the industry. Those investments, made through financial firms and funds, were up nearly 40% from the same period in 2021.
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