“‘I do think that there’s this whole vibe with Apple fanboys, which I find kind of a little funny, where it’s like a lot of people just get upset if you dare to question if Apple is going to lead in a new space.’” That was Meta META, -2.21% CEO Mark Zuckerberg talking about his … Read more
The US and UK’s decision to hit back at Houthi militants after weeks of attacks on merchant shipping in the Red Sea has only escalated the chaos across the shipping industry, underscoring the threat of an enduring supply-chain crisis as vessels navigate the crucial trade route. On Wednesday, a third commodity carrier in three days … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Luke Larsen / Digital Trends I’m a father of two, and my back hasn’t been the same these past few years. At CES 2024, I took a seat in Razer’s new Iskur V2 gaming chair — and I could really feel the difference in support on my lower back. The best feature is the new … Read more
Published: Jan. 10, 2024 at 2:55 a.m. ET By Ian Walker Distil PLC said third-quarter revenue rose 39% while volumes rose 10% as it benefits from the business remodel in 2022, and that it expects to build on this growth over the fourth quarter of the fiscal year. The London-listed spirits producer–which houses the RedLeg … Read more
Listen to article (2 minutes) One of the best strategies for good health in the new year: Reduce the amount of sugar you eat. Sugar sneaks into our diet in surprising ways, from coffee drinks you don’t realize are sugar bombs to small amounts that add up in bread or sauces. Looking more closely at … Read more
Published: Dec. 18, 2023 at 2:27 a.m. ET By Ian Walker Unilever is selling the Elida Beauty business to Yellow Wood Partners for an undisclosed sum, as part of the company’s plan to optimize its personal care portfolio and grow its power brands. The Anglo-Dutch consumer goods company–which houses Ben & Jerry’s ice cream and … Read more
Dave Phinney is gesticulating with a giant bandage wrapped around his index finger, an injury that serves up one of the Napa Valley winemaker’s myriad anecdotes: that he sliced it open while attempting to perforate a can late at night. Harvest is wrapped, and Phinney is years removed from the hard labor of picking or … Read more
With wars raging again in Europe and the Middle East, and U.S.-China tensions on the boil, the political order that underpinned markets for decades is under serious threat. So, too, is the financial order, as the U.S., Europe, and even Japan exit the zero-interest-rate era, and the U.S. and China face deteriorating fiscal health. In … Read more
Sources: 1 Morgan Stanley Investment Management calculations using UN Population Database data from Haver Analytics. 2 Morgan Stanley Investment Management calculations using IMF and UN data. 3 Africa’s new millionaires are coming from its less fashionable economies, Semafor, April 13, 2023. https://www.semafor.com/article/04/13/2023/africas-new-millionaires-not-from-nigeria-south-africa 4 On why I remain bullish on Nigeria, Ken Opalo, Substack, March 16, 2023. https://kenopalo.substack.com/p/on-why-i-remain-bullish-on-nigeria … Read more