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☆ Florida authorities identify remains found on Crescent Beach nearly 40 years ago
▼ + stars: | 2024-05-12 | by ( Sara Smart | ) edition.cnn.com time to read: +3 min

CNN —Nearly 40 years ago, human remains were found on a beach in St. Johns County, Florida. The manner of death was determined to be a homicide, the sheriff’s office said. St. Johns County Sheriff's OfficeThe case went cold over the years and the remains were left unidentified. With the help of advanced technology at the lab, potential relatives of the victim were identified, the sheriff’s office said. St. Johns County is located on the northeast coast of Florida.

Persons: Mary Alice Pultz, John Thomas Fugitt, Gene Tolbert, Fugitt, Tommy, Billy Joe Wallace, “, Mary Alice’s, ” Tolbert, Pultz, Norman Jenkins, ” Jenkins Organizations: CNN, Johns County Sheriff’s, Crescent, Facebook, Police Locations: St, Johns County , Florida, Rockville , Maryland, Johns County, Crescent Beach, Maryland, Texas, Florida

☆ Main Street is more optimistic this year even as inflation persists, survey says
▼ + stars: | 2024-02-01 | by ( Kate Rogers | ) www.cnbc.com time to read: +3 min

Seventy-five percent of small business owners are optimistic about their financial trajectory in 2024, up from 68% a year earlier, according to a survey by Goldman Sachs 10,000 Small Business Voices, a policy advocate for small business owners. More than half of small business owners surveyed said they expect to create jobs this year, and 62% reported they anticipate profits will increase. The survey was conducted nationally in mid-January among more than 1,400 small business owners. Interestingly, small business owners found 2023 nearly as hard as 2020 — the peak of the pandemic and a time when many companies could not operate. Inflation is still a major concern for business owners, even as the rate of price increases falls.

Persons: Joe Biden, Alex Wong, Goldman Sachs, Joe Wall, Jill Bommarito, they've, Wall Organizations: White, National, Getty, CNBC, Baking Company, Foods, Target, Costco, headwinds, Small, National Federation of Independent Business, Federal Reserve Locations: Washington , DC, Detroit

☆ Stocks in Japan, India Notch Historic Highs; U.S. Markets to Reopen Tuesday
▼ + stars: | 2024-01-15 | by ( Joe Wallace | ) www.wsj.com time to read: 1 min

Japan’s Nikkei 225 rose for a sixth consecutive day. Photo: franck robichon/ShutterstockStock benchmarks in two of Asia’s largest economies climbed to historic highs, while U.S. equity and bond markets were shut for Martin Luther King Day. Bank earnings and economic data later this week could give clues about the Federal Reserve’s next steps. The stock and bond markets will reopen Tuesday. U.S. stock futures wavered Monday.

Persons: franck robichon, Martin Luther King Organizations: Nikkei, Martin Luther King Day, Bank, Federal

☆ Investors Lose Legal Bid Against Exchange Over Nickel Market Blowup
▼ + stars: | 2023-11-29 | by ( Yusuf Khan | Joe Wallace | ) www.wsj.com time to read: 1 min

Traders work on the floor of the London Metal Exchange in London. Photo: simon dawson/ReutersLONDON—The London Metal Exchange chalked up a big victory over investors on Wednesday, when a court said it was within its rights to cancel trades during a high-profile blowup in the nickel market sparked by Russia’s full-scale invasion of Ukraine. The U.K. court rejected claims by activist fund Elliott Investment Management and market maker Jane Street Global Trading that the exchange had overstepped its powers by nixing $12 billion in trades in March last year. Had they won, Elliott and Jane Street planned to claim hundreds of millions of dollars in damages combined in a follow-on trial.

Persons: simon dawson, Russia’s, nixing, Elliott, Jane Street Organizations: London Metal Exchange, Reuters, Elliott Investment Management, Jane, Global Locations: London, Ukraine

☆ How the U.S. Market Went Sideways for a Wind-Power Giant
▼ + stars: | 2023-11-20 | by ( David Uberti | Joe Wallace | ) www.wsj.com time to read: 1 min

The poster child for the wind-power revolution was supposed to help build America’s clean-energy future. Its messy pullback from the Northeast is threatening those aspirations. Denmark’s national oil-and-gas company, now known as Ørsted , bet big on renewables a decade ago. It renounced fossil fuels, renamed itself after a 19th-century physicist and embarked on a debt-fueled expansion, becoming the biggest offshore-wind developer outside China. Surfing investor enthusiasm for all things green, Ørsted surpassed BP in market value early in the pandemic.

Persons: Ørsted Organizations: BP Locations: China

An ICBC building in Shanghai. The bank is China’s biggest. Photo: Cfoto/Zuma PressA U.S. subsidiary of China’s biggest bank was hacked this week, threatening a temporary logjam for some trades in the Treasury bond market. ICBC Financial Services, a New York-based entity owned by the Industrial and Commercial Bank of China , was the victim of a ransomware attack on Wednesday. The unit largely focuses on clearing, which means ensuring that transactions previously agreed by traders go through, and on lending and borrowing through repurchase agreements—a form of collateralized funding that forms a vital part of the financial system.

Organizations: Press, Treasury, ICBC Financial Services, Industrial, Commercial Bank of China Locations: Shanghai, China’s, New York

The size of the shipping fleet at Russia’s disposal has ensured that most of its oil and gas exports aren’t subject to the price cap, analysts say. Photo: Associated PressA Western price cap on Russian oil meant to curb Moscow’s war spending is increasingly losing its punch. The latest evidence: Oil and gas tax revenue to the Russian budget in October more than doubled from September and rose by more than a quarter from the same month last year, according to data released Friday. That represents a stark turnaround from the beginning of the year when energy revenues tumbled.

☆ U.S. Prepares Crackdown on Russian Oil Sanctions Evasion
▼ + stars: | 2023-10-09 | by ( Andrew Duehren | Joe Wallace | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/commodities-futures/u-s-prepares-crackdown-on-russian-oil-sanctions-evasion-b1781e39

Persons: Dow Jones

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/trade/u-s-probe-of-russia-sanctions-busting-focuses-on-major-oil-trader-fac754da

Persons: Dow Jones Locations: russia

Anna HirtensteinAnna Hirtenstein is a reporter at The Wall Street Journal, covering global financial markets, macroeconomics and geopolitics from the London bureau. She joined the Journal in 2019. Previously, she was a reporter at Bloomberg in London and a clean-energy investment banker at Greentech Capital Advisors in Zurich. In the early days of her career, she worked as a correspondent with a focus on oil in Northern Iraq and West Africa.

Persons: Anna Hirtenstein Anna Hirtenstein Organizations: Wall Street, Bloomberg, Greentech Capital Locations: London, Zurich, Northern Iraq, West Africa

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/energy-oil/kremlins-latest-battle-is-with-russias-oil-companies-63270c23

Persons: Dow Jones

☆ The Fed’s Next Challenge: $100 Oil
▼ + stars: | 2023-09-19 | by ( Joe Wallace | David Uberti | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Nukes Are Back, but Uranium Is in Short Supply
▼ + stars: | 2023-09-13 | by ( Joe Wallace | Rhiannon Hoyle | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/commodities-futures/nukes-are-back-but-uranium-is-in-short-supply-44c4ccbf

Persons: Dow Jones

☆ Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine
▼ + stars: | 2023-08-16 | by ( Joe Wallace | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/vital-natural-gas-is-being-stashed-in-caverns-beneath-war-torn-ukraine-57f98e1c

Persons: Dow Jones, 57f98e1c Locations: ukraine

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/russia-uses-little-known-traders-to-sell-oil-to-the-world-4bb538cd

Persons: Dow Jones Locations: russia

☆ Nigel Farage and the Scandal That Engulfed British Banking
▼ + stars: | 2023-07-26 | by ( Max Colchester | Joe Wallace | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ NatWest CEO Steps Down After Discussing Nigel Farage’s Bank Account
▼ + stars: | 2023-07-26 | by ( Matthew Thomas | Joe Wallace | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/natwest-ceo-steps-down-after-political-fallout-from-closed-account-a8d1908a

Persons: Dow Jones Organizations: natwest

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Persons: Dow Jones Locations: russia

☆ Market Bets on Cheaper Oil, Dashing Saudi Hopes for a Price Rebound
▼ + stars: | 2023-07-02 | by ( Joe Wallace | Anna Hirtenstein | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: saudi

☆ Market Bets on Cheaper Oil, Undermining Saudi Hopes for a Price Rebound
▼ + stars: | 2023-07-02 | by ( Joe Wallace | Anna Hirtenstein | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: saudi

☆ Commodities Slide as Investors Bet on Economic Slowdown
▼ + stars: | 2023-06-05 | by ( Yusuf Khan | Joe Wallace | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/commodities-slide-as-investors-bet-on-economic-slowdown-233a6d3

Persons: Dow Jones

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Persons: Dow Jones Locations: scotland

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☆ PacWest Stock Surges 80%, Regional Banks Recover After Selloff
▼ + stars: | 2023-05-05 | by ( Gina Heeb | Joe Wallace | ) www.wsj.com time to read: 1 min

The FDIC seized First Republic Bank early Monday and struck a deal to sell the bulk of its operations to JPMorgan Chase. WSJ’s Ben Eisen explains what led to the bank’s failure and what it means for customers, investors and the industry. Illustration: Preston JesseeShares of under-fire regional banks surged to recover some of their lost ground on Friday, though many were still on track to end the week nursing hefty losses. Bankers and government officials hoped the sale of First Republic Bank to JPMorgan Chase on Monday would draw a line under upheaval from the collapse of Silicon Valley Bank and Signature Bank in March. But investors continued to hunt for weak links for much of the week, dumping shares of midsize and smaller banks.

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