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☆ Broad Losses Pull Stock Indexes Lower
▼ + stars: | 2024-01-17 | by ( David Uberti | ) www.wsj.com time to read: 1 min

Boeing shares slid on potential delays in the resumption of jet deliveries to China. Photo: Scott Brauer/Zuma PressStocks opened the week lower, hinting at why some investors believe the “everything rally” of late 2023 will be hard-pressed to continue. All three major indexes are in the red for 2024 after Tuesday’s session. The S&P 500 slipped 0.4%, while the tech-heavy Nasdaq Composite dropped 0.2%. The Dow Jones Industrial Average fell 0.6%, or 232 points.

Persons: Scott Brauer, Press Stocks Organizations: Boeing, Press, Nasdaq, Dow Jones Locations: China

☆ Binance Guilty Plea Shows What Crypto’s Really About
▼ + stars: | 2023-11-22 | by ( James Mackintosh | ) www.wsj.com time to read: 1 min

Binance CEO Changpeng Zhao, in center as he leaves a Seattle courthouse, stepped down and pleaded guilty to violating U.S. anti-money-laundering requirements. Photo: M. Scott Brauer for The Wall Street JournalSo it turns out that of the two largest crypto exchanges, one was a fraud and the other was a money launderer. Whoever could have guessed? Skeptics of bitcoin and other cryptocurrencies have had their prejudices reinforced. The two main use cases—fraud and crime—have been exposed to the public in dramatic fashion, so now all we have to do is sit back and wait for the inevitable collapse in value.

Persons: Changpeng Zhao, Scott Brauer Organizations: The Wall Locations: Seattle

☆ National Climate Assessment: 5 takeaways on the US climate report
▼ + stars: | 2023-11-14 | by ( Ella Nilsen | ) edition.cnn.com time to read: +9 min

“Climate change is affecting every aspect of our lives,” Hayhoe told CNN. Here are five significant takeaways from the federal government’s sweeping climate report. Climate change doesn’t cause things like hurricanes or wildfires, but it can make them more intense or more frequent. And hotter and drier conditions from climate change can help vegetation and trees become tinderboxes, turning wildfires into megafires that spin out of control. But it’s not happening nearly fast enough to stabilize the planet’s warming or meet the United States’ international climate commitments, the report explains.

Persons: Katharine Hayhoe, ” Hayhoe, we’re, Rick Curtis, Hilary Swift, Joe Biden, ”, John Podesta, Ethan Swope, Biden, West Virginia –, Scott Brauer, Dave White, White, ” White Organizations: CNN, UN, Texas Tech University, New York Times, ” White, United States, Bloomberg, Getty, Arizona State University, Rockies Locations: Barre , Vermont, Maricopa County, Vermont, Maui, Gulf, Aguanga , California, California, Florida , Louisiana, Texas, Kentucky, West Virginia, rainstorms, China, India, Barnstable , Massachusetts, Southwest, California’s Sierra Nevada, West

DIGHTON, Mass.—The house on Maple Street where Airman First Class Jack Teixeira was arrested Thursday sits on a thickly wooded lot set far back from the road. By Friday, after law-enforcement agents and media descended on this small town, a loader backhoe blocked the driveway entrance near an empty flower cart. A 2020 graduate of Dighton-Rehoboth Regional High School in southeastern Massachusetts, Airman Teixeira, 21 years old, was viewed by those who know him as a military enthusiast from a family who supports the military and its causes.

Warehouse workers pick items up, sort them and put them down millions of times a day. Warehouse workers at Amazon and other companies are at risk of developing repetitive-stress injuries and musculoskeletal disorders. The Sparrow is “a major leap in technology challenge and technology development,” said Joseph Quinlivan, Amazon’s vice president of global robotics and technology. Amazon workers at the robotics facility in Westborough, Mass. New robots aren’t expected to replace warehouse employees but will lead to more roles to work with the robots, Amazon said.

☆ Buying a Home Gets Easier in a Cooler Market—for Those Who Can Afford It
▼ + stars: | 2022-10-22 | by ( Ben Eisen | Photographs M. Scott Brauer For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Home prices have jumped, mortgage rates are rising fast and the economy might be heading into a recession. So Eric Lanser and Allison Manfreda decided to go house shopping. The potent mix of challenges facing buyers has slowed the housing market, but millions of homes are still changing hands this year. Some buyers are finding that they would prefer to hunt now than deal with the bidding wars and sight-unseen purchases that defined last year’s frenzied market.

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