NEXT

Robert Stack

Robert Stack

Robert Stack is a copy editor for ALM Media.

Connect with this author

December 27, 2022 | Daily Business Review

Korea, Japan Reopening Stocks Gain on End of China's Quarantine

People arriving in China as of Jan. 8 will no longer be quarantined, though they will still need to submit negative COVID-19 test results, health officials said.

By Youkyung Lee and Winnie Hsu

3 minute read

December 27, 2022 | Daily Business Review

Southwest Air Faces Gridlock With Flights Scrapped or Late

Dallas-based Southwest canceled almost 3,000 flights on Monday and had hundreds of others run late, disrupting more than 80% of its schedule as operational woes mushroomed in the wake of a massive storm.

By Leah Nylen

4 minute read

December 27, 2022 | Daily Business Review

Tech Stocks Fall as Yields Rise on China Reopening

Investors are hoping for a year-end rally to help mitigate what has otherwise been a brutal run for risk assets.

By Stephen Kirkland

2 minute read

December 27, 2022 | Daily Business Review

Recession, Rate Hikes, Diversity: What's Ahead for Banks in 2023

Odds are high for a recession next year as the Federal Reserve continues to boost borrowing costs in an effort to bring price pressures under control.

By Paige Smith

7 minute read

December 27, 2022 | Daily Business Review

US Judge Rejects Maduro Ally's Claim of Diplomatic Immunity

For more than two years, almost since the time of his arrest in Africa on a U.S. warrant, Alex Saab has insisted he is a Venezuelan diplomat targeted for his work helping his adopted homeland circumvent American economic sanctions.

By Joshua Goodman

6 minute read

December 27, 2022 | Daily Business Review

Judge Won't Drop Charges for Former Gubernatorial Candidate

Former Tallahassee Mayor Andrew Gillum asserts that he was the victim of selective prosecution because he was a Black candidate for governor.

By Associated Press

2 minute read

December 27, 2022 | Daily Business Review

Goods-Trade Deficit Narrows to Smallest in Nearly 2 Years

While imports of consumer merchandise have fallen from a record earlier this year, they remain well higher than the pre-pandemic average.

By Ana Monteiro

2 minute read

December 27, 2022 | Daily Business Review

Chicago's Shaky Pension Funds Face New Hit From Looming Downturn

Looking ahead, Chicago's pensions could take an even deeper hit in 2023 if the market rout continues to erode returns and the looming recession economists are warning of hurts the third most populous U.S. city's revenue.

By Shruti Date Singh

7 minute read

December 22, 2022 | Daily Business Review

New York's MTA Approves Budget With Anticipated 5.5% Fare Hike

Metropolitan Transportation Authority officials have warned that without additional funding from New York state, the agency will have to consider larger fare increases, service reductions and layoffs.

By Michelle Kaske

5 minute read

December 22, 2022 | Daily Business Review

Elon Musk Is 'Not Suited' to Run Twitter, Investor Says

To the extent that Elon Musk remains involved with Twitter, it should be with the underlying technology rather than as the "front-facing CEO," the head of Gerber Kawasaki Wealth Management said.

By Sean O'Kane

2 minute read