June 15, 2023

Markets Now

Company execs used to trumpet their diversity and climate efforts. Now not so muchJust three years ago, diversity and sustainability were big talking points for executives at many big companies, and ESG funds — investments that evaluate stocks using environmental, social and governance factors — were riding the wave.   Read full article

Prosecutors offer to drop 5 charges against Sam Bankman-Fried if judge sets second trialFederal prosecutors agreed to drop five of the 13 criminal charges against FTX founder Sam Bankman-Fried if the court would set a second trial for those charges early next year.   Read full article

Summer intern's commute goes viral: She flies from South Carolina to New Jersey because it's cheaper than rentingTypically, college interns find cheap places to live for the summer. One woman is going to great lengths to do that.   Read full article

Beyoncé blamed for keeping inflation high in Sweden. Is Springsteen next?Swedish consumers now have Beyoncé to blame for their bills, bills, bills.   Read full article

Biden announces Live Nation and Ticketmaster will allow consumers to see all fees up frontPresident Joe Biden announced from a White House roundtable on Thursday that entertainment giant Live Nation and ticketing behemoth Ticketmaster have pledged to give US consumers the ability to see the full price of tickets up front, minimizing the frequently frustrating experience of watching additional fees add up late in the checkout process when buying online.   Read full article

Canada freezes ties with Beijing-based development bank over claim of Communist Party controlCanada is suspending ties with a Beijing-based multinational lender — billed as Asia’s answer to the World Bank — pending a review of claims that the Chinese Communist Party has infiltrated the institution.   Read full article

Source: CNN Business

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