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Farmers Set to Abandon US Wheat Crops at Highest Rate Since 1917

America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century. • None…

Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla

George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a 90% share decline and eliminating…

Gas Drilling Collapses in US at Fastest Rate in Seven Years

Gas Drilling Collapses in US at Fastest Rate in Seven Years (Bloomberg) The US natural gas industry is pulling back on exploration at the fastest pace in…

Austin Russell Acquires Majority Stake in Forbes Magazine

Austin Russell, a 28-year-old automotive technology tycoon, acquired an 82% stake in Forbes Global Media Holdings, parent of the well-known business magazine.…

Recession? Corporate America s Earnings Say It s Already Arrived

As the US economy teeters on the brink of recession, Wall Street is already enduring what could turn out to be the most prolonged corporate profits downturn…

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