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Delta's President to Retire After 20 Years
WSJ· 2025-12-17 21:48
Glen Hauenstein will retire on Feb. 28, remaining as an advisor through 2026, after nearly 10 years as Delta's president and more than two decades with the carrier. ...
S&P Upgrades Paraguay's Credit Rating, Citing Private Investment, Economic Stability
WSJ· 2025-12-17 21:47
Core Viewpoint - The ratings company has a stable outlook for Paraguay, attributing this to the country's pro-business policies and a strong track record of macroeconomic stability [1] Summary by Relevant Categories - **Pro-Business Policies**: Paraguay's government has implemented policies that favor business operations, contributing to a favorable investment climate [1] - **Macroeconomic Stability**: The country has demonstrated a consistent record of macroeconomic stability, which is a key factor in the ratings company's assessment [1] - **Outlook**: The overall outlook for Paraguay is stable, indicating confidence in its economic management and future prospects [1]
Micron Technology First-Quarter Sales Jump 57%, Led By Memory Growth
WSJ· 2025-12-17 21:32
The memory-chip maker posted a quarterly profit of $5.24 billion, up from $1.87 billion a year earlier. ...
Oscars Will Move to YouTube Starting in 2029
WSJ· 2025-12-17 19:04
ABC, the Hollywood awards telecast's longtime home, will air the show through 2028 ...
Wall Street Gets a Taste of Blockbuster Stock-Market Debuts Ahead
WSJ· 2025-12-17 18:39
Group 1 - Medline shares commenced trading under the ticker 'MDLN' on Wednesday, marking the largest IPO since 2021 [1]
America's Largest Landowner Bets It Can Replace Met Coal With Pine Trees
WSJ· 2025-12-17 18:00
Group 1 - Weyerhaeuser has initiated a venture to convert underperforming trees and sawdust into a substitute for metallurgical coal, which is utilized in steel production [1]
U.S. Crude Oil Stockpiles Fall for Second Straight Week
WSJ· 2025-12-17 16:16
Commercial crude oil stocks fell by 1.3 million barrels to 424.4 million barrels last week as exports increased and refineries stepped up their capacity use, said the U.S. Energy Information Administration. ...
Nucor, Steel Dynamics Warn of Profit Shortfalls
WSJ· 2025-12-17 14:28
Core Viewpoint - Steelmakers Nucor and Steel Dynamics have indicated that their fourth-quarter earnings will significantly fall below Wall Street's expectations [1] Company Summary - Nucor and Steel Dynamics are both major players in the steel manufacturing industry [1] - The warning about earnings suggests potential challenges in the market environment affecting these companies [1] Industry Summary - The steel industry is facing pressures that may lead to lower-than-expected financial performance for key companies [1] - The earnings forecast indicates a broader trend that could impact investor sentiment and market dynamics within the steel sector [1]
TransAlta Gets Energy Department Order to Keep Washington Coal-Fired Plant in Operation for 90 Days
WSJ· 2025-12-17 13:04
Core Viewpoint - TransAlta has been mandated by the Energy Department to maintain operations at a coal-fired power station in Washington state that was previously scheduled for closure [1] Company Summary - TransAlta is required to keep the coal-fired power station operational for an additional 90 days, indicating a shift in regulatory requirements that may impact the company's operational strategy and financial planning [1]
Hut 8, Fluidstack to Build AI Data Center for Anthropic in Louisiana
WSJ· 2025-12-17 12:47
Hut 8 is partnering with Fluidstack to build a large artificial-intelligence data center in Louisiana for Anthropic, backed by a $7 billion lease, where Hut 8 will develop and deliver the power needed... ...