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SEC Probes Scientology Connections at Startup Stock Exchange
WSJ· 2025-10-03 11:00
Investigators have questioned former Dream Exchange employees about allegations that it misappropriated funds, according to people familiar with the matter. ...
Opendoor Hype Won't Make Its Business Any More Viable
WSJ· 2025-10-03 09:30
Core Viewpoint - The company, known for its house flipping operations, has transitioned into a meme stock, attracting significant attention from retail investors [1] Group 1 - The company has been experiencing financial losses, which has not deterred its popularity among retail investors [1] - The meme stock phenomenon has led to increased volatility in the company's stock price, reflecting broader trends in the market [1] - Retail investor interest has surged, contributing to a rise in trading volume and market speculation surrounding the company's future [1]
The monthly jobs numbers from the Bureau of Labor Statistics won't arrive on time due to the government shutdown. But private firms are helping fill the gap.
WSJ· 2025-10-03 09:00
Core Insights - The monthly government jobs numbers will be delayed, prompting private firms to step in to provide employment data [1] Group 1 - The absence of timely government jobs data creates a gap that private firms are addressing by offering alternative employment statistics [1] - Private sector involvement in labor market data collection may enhance the accuracy and timeliness of employment insights [1]
Stock Market Today: Dow Futures, Treasury Yields Rise as Shutdown Enters Day Three
WSJ· 2025-10-03 07:55
Core Viewpoint - European and Japanese stock markets have shown positive performance, indicating a potential recovery in investor sentiment and market stability [1] Group 1: Market Performance - European stocks have gained momentum, reflecting a broader trend of recovery across the region [1] - Japanese stocks have also experienced an upward trend, contributing to the overall positive market sentiment [1] Group 2: Investor Sentiment - The gains in both European and Japanese markets suggest an increase in investor confidence, which may lead to further investments in these regions [1] - Positive market performance could attract more foreign investments, enhancing economic growth prospects [1]
Dollar Trades Steady as U.S. Government Shutdown Continues
WSJ· 2025-10-03 06:57
The dollar traded steady as an ongoing U.S. government shutdown meant the key nonfarm payrolls report was unlikely to be released Friday as scheduled. ...
Bank of Japan Still on Path to More Rate Hikes, Governor Says
WSJ· 2025-10-03 01:43
Core Viewpoint - The Bank of Japan is committed to further interest-rate hikes as stated by Governor Kazuo Ueda, amidst increasing speculation regarding the timing of the central bank's next move [1] Group 1 - The Bank of Japan's commitment to interest-rate hikes indicates a proactive approach to monetary policy [1] - Governor Kazuo Ueda's remarks suggest that the central bank is closely monitoring economic conditions to determine the appropriate timing for future rate increases [1]
The drug price deal between Pfizer and the Trump administration was built on down-to-the-wire team negotiations, building on a relationship between CEO Albert Bourla and President Trump
WSJ· 2025-10-03 01:16
Core Viewpoint - The article discusses the negotiations between President Trump and CEO Albert Bourla, highlighting the complexities and dynamics involved in their discussions [1] Group 1 - The negotiations were described as a "long dance," indicating a prolonged and intricate process [1] - The involvement of high-profile figures such as President Trump and CEO Albert Bourla suggests significant implications for the industry [1]
Warren Buffett's Berkshire Comes to the Aid of Occidental Petroleum—Again
WSJ· 2025-10-03 00:00
Group 1 - Berkshire Hathaway has acquired Occidental Petroleum's petrochemicals business for $9.7 billion, which will enable the company to reduce its debt levels [1] - The acquisition allows Berkshire to concentrate more on fossil fuel investments, aligning with its strategic focus [1]
Opinion | Volkswagen Gets What It Paid For
WSJ· 2025-10-02 21:43
VW welcomed the union last year and now faces a costly work stoppage. ...
Cracker Barrel Drops Firm Behind Ill-Fated Logo Change
WSJ· 2025-10-02 21:03
Chain had hired marketing firm Prophet to refresh its image and restaurants; Cracker Barrel shifts executives in operations, menu roles. ...