Scott Olson/Getty Images News Bayer ( BAYRY ) ( BAYZF ) has no plans to spin off Monsanto , a company representative told Reuters on Tuesday, even as the company faces a flurry of lawsuits over its Roundup weedkiller. The unnamed representative, speaking to Reuters on the sidelines of The Wall Street Journal 's Global Food Forum, said that restructuring the company could be a viable option but wa...
Scott Olson/Getty Images News Bayer ( BAYRY ) ( BAYZF ) has no plans to spin off Monsanto , a company representative told Reuters on Tuesday, even as the company faces a flurry of lawsuits over its Roundup weedkiller. The unnamed representative, speaking to Reuters on the sidelines of The Wall Street Journal 's Global Food Forum, said that restructuring the company could be a viable option but was not currently planned, with the company focused instead on improving its performance and handling its litigation. On stage at the conference, CEO Bill Anderson reiterated the threat that Roundup lawsuits, which the company says involve ~100K plaintiffs, pose to its production of the glyphosate-based pesticide. "If there's not a solution to the litigation problem on glyphosate, there won't be American-produced glyphosate," Anderson told the forum. Bayer ( BAYRY ) ( BAYZF ) is the only company producing glyphosate in the U.S., but the farming sector imports large volumes of generic versions of the pesticide from China. The company has proposed a $7.25B settlement that would end most of the Roundup lawsuits pending against it, although some plaintiffs are objecting to the deal . More on Bayer Bayer Presents at 21st Annual Global Farm to Market Conference - Slideshow Bayer Q1 2026 Earnings Call Presentation Bayer: Higher Risks From Litigation Drive My Price Target Down
The airline industry remains a battlefield of high fixed costs and intense competition, making the choice between the two largest carriers a critical decision for diversified investors. Which company offers the better balance of value and growth? Delta Air Lines (NYSE:DAL) and United Airlines (NASDAQ:UAL) are the titans of the skies, often moving in tandem but following distinct financial flight p...
The airline industry remains a battlefield of high fixed costs and intense competition, making the choice between the two largest carriers a critical decision for diversified investors. Which company offers the better balance of value and growth? Delta Air Lines (NYSE:DAL) and United Airlines (NASDAQ:UAL) are the titans of the skies, often moving in tandem but following distinct financial flight paths. Delta focuses on a premium passenger experience and high-margin credit card revenue, while United bets big on global expansion and hub dominance. Delta Air Lines operates as a premier global carrier serving more than 200 million customers annually. It differentiates itself through a focus on high-margin revenue streams, specifically its partnership with American Express . This relationship brought in nearly $8.2 billion during 2025 and serves as a critical buffer against the inherent volatility of fuel prices. By targeting the premium segment, Delta aims to capture travelers willing to pay more for reliability and comfort. Continue reading
AlexSecret/E+ via Getty Images Market Overview Global equities declined in the first quarter while trading in two distinct environments. Equities rose over the first two months as the outlook for global growth and earnings improved, only to sell off in March amid the military conflict in Iran, a spike in oil prices, and rising economic uncertainty. The broad-based MSCI ACWI Index returned -3.11% d...
AlexSecret/E+ via Getty Images Market Overview Global equities declined in the first quarter while trading in two distinct environments. Equities rose over the first two months as the outlook for global growth and earnings improved, only to sell off in March amid the military conflict in Iran, a spike in oil prices, and rising economic uncertainty. The broad-based MSCI ACWI Index returned -3.11% during the quarter. Developed markets returned -3.47%, as measured by the MSCI World Index, and US equities returned -4.33%, as reflected by the S&P 500 Index. Emerging markets sold off in March but led other regions in the first quarter, as the MSCI Emerging Markets Index returned -0.10%. Sectors within the MSCI ACWI Index delivered mixed returns in the quarter. Energy (+33.77%) and utilities (+8.64%) led the sector returns (in USD terms), while consumer discretionary (-10.74%) and communication services (-7.79%) trailed. US equities rose modestly through February, only to sell off in March amid higher volatility and lower equity prices amid the war in the Middle East. The domestic economy has shown resilience, with solid data in retail sales and employment despite the uncertain global environment. From a fundamental perspective, corporate earnings reports in April will be a critical input for gauging the current demand picture and management outlook. With respect to monetary policy, the Fed held rates unchanged at multiple meetings in the quarter, balancing the moderating job market with inflation that remained above target. Central banks, including the Fed, are responding to the inflationary implications of higher energy prices with more hawkish messaging, signaling a shift away from the monetary tailwind we saw at the start of the year. During the quarter, European equities returned -2.68% (in USD terms) and -0.85% in local currency. Europe's economy had been experiencing resilient growth and moderating inflation early in the year, but the recent spike in global energy p...
Tropical storm Jangmi approached Tokyo on Wednesday, bringing strong winds and heavy rain that triggered hundreds of flight cancellations as well as flood warnings around the capital. ANA canceled 287 flights and JAL 329 flights, affecting about 80,000 people. Some train services were also suspended, while the Japan Meteorological Agency issued flood warnings for several rivers in Tokyo. As of 8 a...
Tropical storm Jangmi approached Tokyo on Wednesday, bringing strong winds and heavy rain that triggered hundreds of flight cancellations as well as flood warnings around the capital. ANA canceled 287 flights and JAL 329 flights, affecting about 80,000 people. Some train services were also suspended, while the Japan Meteorological Agency issued flood warnings for several rivers in Tokyo. As of 8 a.m., maximum wind speed was 25 meters per second, and the storm was near the city of Shima, Mie Prefecture, moving east northeast at a speed of 40 kilometers, or nearly 25 miles, per hour, according to the Japan Meteorological Agency. The agency sees the typhoon crossing Tokyo Bay over the day before veering eastward over the Pacific Ocean. Toyota Motor was set to halt operations at 13 plants, Nikkei reported on Tuesday, while Suzuki Motor will suspend work at all five of its plants in Japan on Wednesday morning.
The new Chairman of the Federal Reserve Kevin Warsh departs from the East Room of the White House after a swearing in ceremony in Washington, DC on May 22, 2026. Aaron Schwartz | AFP | Getty Images Federal Reserve Chair Kevin Warsh has hired two conservative economic policy researchers to work with him at the central bank, a person familiar with the matter told CNBC. The two researchers are Paul W...
The new Chairman of the Federal Reserve Kevin Warsh departs from the East Room of the White House after a swearing in ceremony in Washington, DC on May 22, 2026. Aaron Schwartz | AFP | Getty Images Federal Reserve Chair Kevin Warsh has hired two conservative economic policy researchers to work with him at the central bank, a person familiar with the matter told CNBC. The two researchers are Paul Winfree, the author of the chapter on the Federal Reserve in the conservative policy blueprint "Project 2025," and Daniel Heil, a fellow at Stanford's Hoover Institution think tank, where Warsh held a position before joining the Fed. The two are "working as temporary contractors to support Warsh in his policy analysis and planning on special projects in the areas in which they have worked with him over time," the person said. Warsh hasn't yet made other permanent hires, this person said. Warsh's personnel decisions will be closely scrutinized. His broad network of advisers includes many prominent figures, including former Secretary of State Condoleezza Rice, investor Stanley Druckenmiller, and Chevron CEO Mike Wirth, all of whom appeared at his swearing-in last month at the White House. But Warsh appears to have relatively few close advisers who have worked at the Fed or other major central banks. Warsh has positioned himself as an insider-turned-critic after serving at the Fed as governor during the 2007-2008 financial crisis under Chair Ben Bernanke. Warsh in seeking the job pledged "regime change" at the Fed, telling an interviewer in 2025 that doing so would require "breaking some heads" at the central bank. More recently Warsh has tempered his language about the Fed's staff. At his swearing-in, Warsh said his "goal now is to create an environment in which the best people can do their life's best work." Winfree worked on the Domestic Policy Council in the first Trump administration and more recently founded the Economic Policy Innovation Center, a pro-Trump think tank. H...
A number of stocks jumped in the afternoon session after Jensen Huang's (Nvidia's CEO) GTC Taipei keynote at Computex reframed how large and how long the AI chip cycle will run.
A number of stocks jumped in the afternoon session after Jensen Huang's (Nvidia's CEO) GTC Taipei keynote at Computex reframed how large and how long the AI chip cycle will run.