September 14, 2023

Markets Now

Shares of AI chip designer Arm jump 16% after largest IPO in nearly two years

The largest public offering since 2021 is here.  
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Wall Street's mood is improving — but it's far from upbeat

Wall Street’s optimism has edged up in recent weeks after an August slump to levels not seen since the collapse of several regional banks earlier this year.  
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Taiwan hits back at Elon Musk's claim that it is 'part of China'

Taiwan’s Ministry of Foreign Affairs has hit back after Elon Musk called the self-ruled island an “integral part of China.”  
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Haven't been paying attention to the UAW strike? What you need to know

Time is running out to avert a strike that could shut down America’s unionized auto assembly plants and other manufacturing facilities.  
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Extreme weather may cost the global fashion industry $65 billion by 2030

Extreme heat and flooding are set to deal a massive blow to the global fashion industry, with four of the world’s top garment producing countries at risk of missing out on $65 billion in earnings by 2030, according to a study from Cornell University and investment manager Schroders.  
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Autoworkers strike deadline nears as negotiators rush to avoid historic walkout

With just hours to go before labor contracts expire at America’s three unionized automakers, thousands of autoworkers could walk off the job.  
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Source: Cnn Business

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