Logistics companies in China are feeling the strain from the US-Israeli war on Iran, as volatile crude prices and disrupted transport routes ripple through global supply chains. With e-commerce cargo stranded in the Middle East and freight rates skyrocketing, industry insiders said they expect the fallout to last months, even as US President Donald Trump signalled the war could end soon While some saw opportunities in alternative Central Asian corridors, Chinese businesses reliant on the region as a critical trade artery remained exposed. Advertisement At a Greater Bay Area airline logistics forum in Guangzhou on Tuesday, one exhibitor said his company had only recently moved its transshipment hub to Doha, where cargo is diverted to Madrid. The strategy aimed to bypass tensions in the Red Sea, where Yemen’s Houthi rebels had attacked commercial and military ships in what the group’s leadership described as an effort to end Israel’s war in Gaza. But the firm’s decision had unexpectedly backfired, landing it in even deeper trouble. “We chose this route at higher costs to avoid the Red Sea tensions, but the current situation looks very bleak,” he said. Advertisement “We currently have about 100,000 tonnes of cargo stranded at the airport, mainly e-commerce parcels, and both the sellers in China and clients in Europe are extremely worried.”

WhatsApp launched a new set of parent-supervised accounts for users under the age of 13 on Wednesday. The company said that these accounts will only have access to messaging and calling, and won’t be targeted with any ads. While the company rates its apps 13+ on both the App Store and Play Store, many pre-teens use WhatsApp to communicate with parents, as WhatsApp said it is introducing this feature after feedback from parents. Meta said that when setting up a pre-teen account, the parent or guardian will need to have both their device and the pre-teen’s device and authenticate the account via QR code. While setting up, parents can configure alerts for the managed account’s activities. By default, parents would receive an alert when pre-teens add, block, or report a contact. An Illustration of the registration flow to set up pre-teen accounts. Image Credits: WhatsApp Besides that, they can turn on optional activity alerts. This includes the pre-teen changing their name or profile picture; getting a new chat request; joining, creating, or leaving a group; a group turning on disappearing messages; and deleting a chat or a contact. All these settings are protected by a six-digit PIN that parents can set and change from their own device. “We’ve heard from parents, who have bought mobile phones for their pre-teens, that they want to message them on WhatsApp. Parent-managed accounts are specifically designed to give additional control over settings and communications for this group,” the company said in a Q&A page. Image Credits: Meta WhatsApp said that these managed accounts don’t get access to features like Meta AI, Channels, or Status. Plus, they can’t turn on disappearing messages for 1:1 chats. The company noted that all chats and calls are still end-to-end encrypted and private. Pre-teens will see a context card informing them about messages from people not in their contacts when they receive such requests. These cards display if the unknown contact has any groups w...

New hires join Traversal from leadership positions at category-defining companies, including Cribl, AppDynamics, Splunk, Google, and Redis NEW YORK, March 11, 2026--(BUSINESS WIRE)--Traversal, the frontier lab building AI agents for enterprise-grade site reliability engineering (SRE), today announced a series of senior leadership hires across go-to-market (GTM) and engineering. The news brings six experienced leaders onto the team in the span of a single month and marks a new chapter for Traversal as it scales the company. The company’s total headcount is now more than 90, a 110 percent increase in the last six months. "The observability market is huge, but we think the next category is bigger," said Anish Agarwal, CEO and cofounder of Traversal. "The common thread among our hires is the belief that we are building an AI-first infrastructure that replaces what exists today with something orders of magnitude more efficient and powerful." Over the past 24 months, Traversal has moved through three phases: research, validation, and production proof. What began as an applied AI research effort is now operating inside Fortune 500 companies and some of the most demanding enterprise environments in the world — handling real incidents, real alert volume, and petabyte-scale telemetry. Now, matching the enterprise traction, the company is expanding its senior leadership team to scale its business across both go-to-market and engineering. On the GTM side, it has hired veteran leaders with deep roots in the observability ecosystem. This includes Jim Cavanaugh as SVP of Worldwide Sales, Ryan Powers as SVP of Marketing, Patrick Wade as VP of Worldwide Field Engineering, Scott Gorman as Regional Director of East Coast Sales, and Michael Kowal as Regional Director of West Coast Sales. On the engineering side, Maxime Petazzoni joins as Head of Engineering, to help lead the next phase of product and platform development as Traversal continues to scale. Collectively, this group brings ...

BigBear.ai (NYSE: BBAI) is in a volatile stretch as it deepens its involvement with Pentagon AI initiatives and global trade modernization. As revenue growth is expected to rebound and recurring contracts enter the mix, a turning point from fear to opportunity could be starting. Stock prices used were the market prices of March 3, 2026. The video was published on March 9, 2026. Continue reading

United Natural Foods, Inc. UNFI reported second-quarter fiscal 2026 results, wherein the bottom line improved year over year and beat the Zacks Consensus Estimate. The top line declined year over year and missed the consensus mark. Management also updated its fiscal 2026 guidance. United Natural posted adjusted earnings of 62 cents per share for the quarter under review, beating the Zacks Consensus Estimate of 51 cents. Also, the bottom line increased from 22 cents reported in the year-earlier quarter. United Natural Foods, Inc. Price, Consensus and EPS Surprise United Natural Foods, Inc. price-consensus-eps-surprise-chart | United Natural Foods, Inc. Quote Net sales decreased 2.6% year over year to $7,947 million, missing the Zacks Consensus Estimate of $8,151 million. This decline includes an approximately 500 basis point (bps) impact from accretive optimization initiatives in the quarter. The decrease reflects an anticipated decline in conventional sales, primarily due to the transition out of the Allentown, PA, distribution center in the first quarter of fiscal 2026. UNFI’s Quarterly Performance by Division The Natural segment experienced year-over-year sales growth of 6.7%. The Conventional and Retail segments witnessed a year-over-year sales decline of 12.1% and 8.2%, respectively. Analysis of UNFI’s Costs & Margins UNFI’s gross profit fell 2.4% year over year to $1,046 million. The gross profit margin of 13.2% expanded 10 bps from 13.1% reported in the year-ago quarter. This expansion was driven by benefits from network optimization and a favorable customer mix, as well as higher procurement gains, partially offset by a lower gross margin rate in the Retail segment. Operating expenses were $972 million compared with $1,031 million in the year-ago quarter. As a percentage of sales, operating expenses were 12.2% compared with 12.6% in the year-ago period. The reduction in operating expenses as a percentage of net sales reflects the benefits of cost-saving initi...

Ex-Goldman Commodity King Warns 'No Policy Response Can Meaningfully Reverse Oil Prices' "There is NO policy response that will stop this ascent in crude in the near term," warns Goldman's former head of commodity research, Jeff Currie. In an interview on Bloomberg TV (watch here) , Currie warned that the broader crisis goes beyond just oil: This isn't solely an oil issue; the Strait disruption affects multiple commodities and global trade. The system "simply cannot accommodate" such a shock , leading to extreme hoarding, upward price pressure, and potential inflation spillovers. Oil Crude's ascent is unstoppable in the near term: No effective policy response (e.g., from governments, SPR releases, or other interventions) can halt or meaningfully reverse the upward trajectory of oil prices while the Strait of Hormuz remains disrupted/blocked. He emphasizes that policy options are "unlikely to break crude’s ascent" under current conditions. Severe supply chain risks and disruptions: Risks to global energy supply chains are at unprecedented highs. A prolonged closure of the Strait (which carries 18.5 million b/d of oil, plus gas, fertilizers, and metals) would represent massive lost flows—e.g., 31 days could equate to over 575 million barrels stopped, far exceeding the entire US Strategic Petroleum Reserve (411-415M barrels historically, with no major releases confirmed recently). Market optimism vs. reality: Financial markets appear "wildly optimistic" if betting against prolonged disruption (e.g., Polymarket odds cited in related Carlyle analysis put high probability on continued closure). Physical constraints and underinvestment in supply are "biting," with no real glut despite past narratives. Hard Assets Currie has repeatedly emphasized the "revenge of the old economy" theme. This frames hard assets—particularly energy (oil, natural gas), metals (copper, base/precious metals), agriculture, and other real/physical commodities—as entering or reasserting a commodity ...

A Raízen, produtora brasileira de açúcar e etanol, controlada conjuntamente pela Shell e Cosan, concordou em iniciar uma reestruturação extrajudicial de dívida no valor de cerca de R$ 65 bilhões. (Source: Bloomberg)

Erik Isakson/DigitalVision via Getty Images Nebius Group N.V. ( NBIS ) shares are surging pre-market after Nvidia ( NVDA ) announced it will be investing $2 billion in the former and that the two companies would form a strategic partnership to build AI data centers on the latter's technology. This funding will ease Nebius' search for capital and confirms the bull thesis going forward. Data by YCharts In my last piece on NBIS in February, I discussed the company's most recent earnings report, highlighting the company's strong ARR projections and capacity construction. I reiterated a Strong Buy, and the stock has since appreciated by 7% (excluding Wednesday's pre-market move) relative to a flat S&P 500 ( SPY ) and a struggling AI trade. That article can be read here . To quickly recap, the news that is sending NBIS soaring, currently up 10%+ as I write this, is that AI titan Nvidia has announced that it will be investing $2 billion in Nebius (in addition to participation in previous funding rounds) and that the companies will collaborate on the rollout of upcoming server and AI factory designs built on Nvidia's cutting-edge GPUs. This comes after Nvidia has been making similar investments all around the industry, including in Nebius' competitor CoreWeave ( CRWV ), which also got a $2 billion infusion. Nvidia seems to be using its idle cash to secure landing spots for its upcoming GPU inventory, tying all manner of companies in the AI sphere to its chips for the foreseeable future. There's certainly an argument to be made here about circular financing, one I've made in my previous articles on NVDA, and I continue to see this as a risk and as a canary in the coal mine for Nvidia's fading monopoly (which is out of the scope of this piece, but you can read more here ). The benefits here to Nebius are apparent but important. These neocloud companies are all pursuing aggressive timelines on getting infrastructure built out in order to meet an expected rise in demand, especi...

TSLA Surges Amid Strong China Sales; ORCL Gains on Earnings Beat GuruFocus

Rising US natural gas exports and soaring domestic demand for the power-plant fuel will lead to a shortage of fracking gear later this decade, according to the head of one the country’s top drilling contractors. Activity in US shale fields is expected to ramp up toward the end of this year into 2027, primarily driven by gas consumption, Patterson-UTI Energy Inc. Chief Executive Officer Andy Hendricks said in an interview. That could lead to a deficit of equipment to frack gas wells in two to three years, particularly in the Haynesville basin of Texas and Louisiana, he said. Hendricks’ remarks underscore a broader industry push to build pipelines connecting the Haynesville and other gas basins in the US South with new Gulf Coast export terminals. More equipment and infrastructure would align with President Donald Trump’s efforts to expand US shipments of the fuel to overseas buyers and dominate global energy markets. Global demand for US liquefied natural gas has jumped as the war on Iran disrupts supplies from the Middle East, but Gulf Coast plants are already running at full capacity and other facilities there are still under construction. Meanwhile, domestic US gas consumption has skyrocketed as data-center developers rush to build power plants to run artificial intelligence. Read more: Global LNG Hunt Intensifies as Middle East War Cuts Supply In the Haynesville, the number of drilling rigs has surged over the past year as new pipelines shuttle gas from that basin to export terminals. Producers there are likely to favor fracking equipment that runs on cheaper gas versus diesel, leading to a shortfall of that gear, Hendricks said. “All the horsepower that we have that can burn natural gas as a fuel is sold out today,” he said. “There’s going to be a call on equipment in the Haynesville over the next two to three years. We’re going to have to increase the amount that’s working over there and it’s going to require new equipment to be manufactured and put to work.” R...

British companies are struggling to afford to hire young people after a long period of rising costs that have hit profit margins and derailed recruitment plans, business leaders have said. Rising labour costs including increases to the minimum wage and employer’s national insurance by the government have put young people at the back of the queue when employers consider recruitment, business lobby groups have told MPs. They also warned that the Employment Rights Act threatened to make the situation worse if it discouraged employers “from taking the risk” of hiring young people with fewer skills or without a long track record in the workplace. The British Chambers of Commerce (BCC) expects the unemployment rate to rise to 5.5% this year and said young people would be “disproportionately affected”. The Office for National Statistics (ONS) said last month that the rate of unemployment was 5.2% in the three months to the end of December, with 1.9 million people affected. Figures for 16- to 24-year-olds showed 957,000 were out of work. Kate Shoesmith, the director of policy and insights at the BCC, said: “Businesses are trying their level best to stay afloat right now.” She said firms wanted to hire staff but “the simple costs of that right now are really impacting them”. Chris Russell, the senior policy manager at the Federation of Small Businesses (FSB), said a survey of firms covering the three months to December 2025 found that 26% were employing fewer workers than the previous quarter. “That’s the worst percentage score since we started this survey more than a decade ago,” he added. The warning came as MPs on the all-party work and pensions committee carries out an inquiry into the reasons behind a rise in the number of young people not in education, employment or training (Neets) to almost 1 million. Last year, the government asked the former health secretary Alan Milburn to oversee a review into unemployment and economic inactivity among young people. Milburn said ...

AMD Stock Jumps on CEO Lisa Su’s Plans to Meet with Samsung and Naver TipRanks

从技术发展路径看，聚变能商业化需经六个阶段：原理探索、规模实验、燃烧实验、实验堆、示范堆以及商用堆。目前，中国正处于“燃烧实验”阶段 政协委员段旭如。 【财新网】 2026年全国“两会”期间，全国政协委员、中核集团聚变领域首席科学家段旭如表示，从全球视野看，聚变能商业化已形成加速态势。 他指出，从技术发展路径看，聚变能商业化通常需要经历六个阶段：原理探索、规模实验、燃烧实验、实验堆、示范堆以及商用堆。目前，中国正处于“燃烧实验”阶段，在科学与技术层面，已具备开展相关实验的等离子体参数及装置运行等条件。但当前，要实现聚变能商业化仍面临诸多技术与产业挑战。 国际原子能机构发布的《2025年世界聚变展望》报告显示，目前全球已有近40个国家推进核聚变研发计划。与此同时，各国政府和资本市场持续加大投入，推动聚变技术向工程化和产业化迈进。

Oracle is benefiting from its new bring-your-own-chip policy, which helps protect margins as the company wins more cloud business.

Celestica Inc. CLS has become a key partner for network equipment manufacturers as the telecom industry accelerates 5G deployment. Its expertise in electronics manufacturing services (EMS) and supply chain management helps telecom providers deliver reliable and scalable network infrastructure. Celestica provides accurate design, manufacturing and deployment of 5G equipment using capabilities in printed circuit board assembly (PCBA), system integration and engineering collaboration. By working with clients during development, the company helps improve performance and reduce product launch time to remain competitive in the telecom sector. It is also preparing for future technologies like 6G by developing high-speed networking platforms such as 800G and 1.6T systems. Beyond manufacturing, Celestica strengthens 5G rollouts through global supply chain services, helping telecom operators source components, manage logistics and meet growing demand efficiently while adopting new technologies to stay ahead. The company collaborates with major telecom equipment providers like Cisco Systems, Ericsson and Nokia to support the development and manufacturing of advanced telecom infrastructure. As 5G adoption increases and next-generation networks develop, Celestica’s engineering and manufacturing capabilities will likely help the telecom industry build faster, smarter and more connected networks for the digital era. How Are Competitors Advancing in the Telecom Sector? Celestica faces competition from Jabil, Inc. JBL and Sanmina Corporation SANM. Jabil is expanding in the telecom industry by developing high-speed connectivity solutions, such as 1.6T optical transceivers for next-generation networks and data centers. The company also manufactures 4G and 5G telecom equipment for partners like Ericsson to support global network deployments. Sanmina is strengthening its presence in the telecom industry by providing manufacturing and design services for 5G and optical networking equipme...

RHJ Mosaic ( MOS ) +6.8% in Wednesday's trading as it unveiled a joint project development agreement with Rainbow Rare Earths to advance the Uberaba rare earths project in Brazil. Under the agreement, the companies said they will jointly pursue a prefeasibility study with the intention of progressing to a definitive feasibility study targeted later this year; subject to a favorable outcome of the DFS and a decision by both companies to proceed, Mosaic MOS) and Rainbow would seek agreements for a jointly owned project company, with construction of a processing facility in Uberaba targeted to start in 2027. The proposed processing facility would treat ~2.7M metric tons/year of phosphogypsum, a byproduct of fertilizer production, designed to produce 1,900 tons of separated neodymium and praseodymium oxide and 600 tons of a samarium, europium, and gadolinium product containing medium and heavy rare earth elements. " The Uberaba project brings together Mosaic's Brazilian operations with Rainbow's rare earth expertise," Mosaic ( MOS ) President and CEO Bruce Bodine said, adding that Brazil is emerging as a strategically important jurisdiction for rare earth development in the Americas. More on Mosaic The Mosaic Company On My Investment Watchlist For Post-Iran War Recovery Fertilizers In The Spotlight: Mosaic Is A Leading U.S. Fertilizer Producer Mosaic: Cheap For A Reason, Still A Buy

Pla2na/iStock via Getty Images Market Review Large-cap growth stocks broadly continued to advance in the fourth quarter, albeit at a more subdued pace, capping off a year of impressive gains. Markets powered through despite considerable noise and consternation around the longest U.S. government shutdown in history, slowing job growth, and some concerns about growing pressures on the artificial intelligence (AI) trade. While there was a degree of rotation from growth to value segments, the market continued to push to new highs. Ultimately, Federal Reserve (Fed) interest-rate cuts provided critical support, reinforcing the familiar lesson: Don’t fight the Fed, especially when monetary policy turns accommodative. Performance The Virtus Silvant Focused Growth Fund ( PGFIX ) returned +2.48% (Class INST) for the quarter, while the Russell 1000® Growth Index returned +1.12%. Healthcare and industrials stock selection added to the outperformance. Consumer discretionary stock selection weighed the most on returns. Alphabet and Eli Lilly were among the top stock contributors. Technology giant Alphabet ( GOOGL ) posted another strong quarter, with key metrics across its major business lines beating and accelerating expectations, driven largely by strength in AI innovations. The launch of Gemini 3, its newest large language model, helped cement the company’s AI leadership, outperforming on benchmark scores and driving a surge in monthly active usage to roughly 650 million, aided by integration into its Google search bar. We maintained the position based on the company’s continued market strength and impressive AI monetization potential across its business segments. Pharmaceutical company Eli Lilly ( LLY ) outperformed after trading sideways for much of the year. In November, the company agreed to Most-Favored-Nation (MFN) pricing for its obesity and Type II diabetes GLP-1 therapies. This expands access to the roughly 40 million prediabetic and obese seniors in the Medicare popu...

TLDR Amazon launched its Health AI assistant on Amazon.com and the Amazon app on March 10, 2026 The tool was previously exclusive to One Medical members; it’s now free for all U.S. customers Health AI can explain lab results, manage prescriptions, book appointments, and connect users to providers Eligible Prime members get up to five free direct-message care visits for 30+ common conditions (up to $145 in value) Non-emergency provider visits cost $29 per session for non-members; the assistant runs on Amazon Bedrock 💥 Find the Next KnockoutStock! Get live prices, charts, and KO Scores from KnockoutStocks.com , the data-driven platform ranking every stock by quality and breakout potential. Amazon expanded its Health AI assistant to all U.S. customers on March 10, 2026, making the tool available directly on Amazon.com and the Amazon app. The assistant was previously only available inside the One Medical app for paying members. 📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $AMZN Amazon Launches 𝐀𝐦𝐚𝐳𝐨𝐧 𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐇𝐞𝐚𝐥𝐭𝐡 for AI-Powered Care Automation 👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: ➤ AWS introduces 𝐀𝐦𝐚𝐳𝐨𝐧 𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐇𝐞𝐚𝐥𝐭𝐡, an agentic AI solution. ➤ AI automates scheduling, patient… pic.twitter.com/71VtxStPC6 — Hardik Shah (@AIStockSavvy) March 5, 2026 The rollout is gradual. Amazon said it will continue expanding access over the coming weeks, with the goal of reaching all U.S. customers soon. You don’t need a Prime membership or a One Medical account to use it. The base version is free. Amazon.com, Inc., AMZN Health AI can answer questions about symptoms and medications, explain lab results and medical records, and help manage prescription renewals. It can also book appointments and connect users to One Medical providers via message, video, or in-person visits. Users can give the assistant permission to access their personal health data, including clinical notes, diagnoses, and lab results, through the Health Information Exchange. It can also pull in relevant Amazon purchase history, like blood pressure monitors or vitamins...

美股科技巨头突然飙涨。 今晚，美股开盘后，大型科技股集体走强，美国软件巨头甲骨文（Oracle）股价一度暴涨近15%。消息面上，该公司最新披露的财报超出市场预期，并上调2027财年的全年营收指引。另外，甲骨文高管的最新讲话也缓解了市场对“SaaS末日论”的担忧情绪。 宏观数据方面，美国劳工统计局最新公布的数据显示，美国2月CPI同比上涨2.4%，符合预期；2月核心CPI同比增速维持在2.5%，环比增速放缓至0.2%，均符合市场预期。市场普遍预计美联储将在下周的议息会议上维持利率不变。根据芝商所美联储观察（FedWatch）工具的数据，美联储下周按兵不动的概率高达99.4%。 据新华社最新消息，美国阿克西奥斯新闻网站11日报道，美国总统特朗普称，伊朗境内“几乎已无可打击的目标”，美国对伊朗军事行动“即将结束”。不过，美国和以色列官员表示，目前尚未收到任何停止军事行动的内部指令。以色列国防部长卡茨当天表示，以美联合对伊朗发动的军事行动“没有时间限制，直到我们实现所有目标为止”。 甲骨文暴涨 北京时间3月11日晚间，美股开盘后，三大指数涨跌不一，截至北京时间22:30，道指跌0.75%，纳指涨0.26%，标普500指数跌0.13%。 美股大型科技股集体上涨，特斯拉涨超2%，台积电涨超1%，英伟达、苹果、谷歌、微软、亚马逊、Meta、博通均小幅上涨。 其中，甲骨文股价一度暴涨近15%，截至北京时间22:30，涨幅仍达12.44%。 消息面上，甲骨文最新披露的财报显示，截至2月28日的2026财年第三财季业绩超出市场预期，并上调2027财年的全年营收指引。 具体来看，甲骨文2026财年第三财季实现营收171.90亿美元，同比增长22%，高于市场预期的169.1亿美元；净利润为37.21亿美元，同比增长27%；非GAAP下调整后每股收益（EPS）为1.79美元，高于市场预期的1.70美元。 业绩指引方面，甲骨文预计，其第四财季每股调整后收益为1.92美元至1.96美元，远好于LSEG统计的分析师预期1.7美元；甲骨文预计该季度营收增长在19%至20%之间，也符合分析师预期的营收增速20%。 同时，甲骨文将2027财年的营收预期上调了10亿美元，达到900亿美元，市场此前预期为866亿美元。甲骨文维持2026财年全年资本支出约500亿美元的指引。 甲骨文联席CEO克莱·马古伊克（...

Many companies are inextricably tied to their iconic founders—from Mark Zuckerberg being the face of Meta, to Warren Buffett leading Berkshire Hathaway for decades. But when it came time for Tim Cook to take the reins of Apple, the brand’s late cofounder Steve Jobs instructed him to forge his own path at the $3.83 trillion technology giant. “[Jobs’] advice to me was ‘Never ask what I would do, just do the right thing,’” Cook told CBS Sunday Morning in a recent interview. It was a lesson that Jobs had learned while working with Disney—the Apple cofounder was also one of the three founding fathers of Pixar Animation Studios, purchasing the group from LucasFilm in 1986. Entertainment behemoth Disney later acquired Pixar in 2006, and during his work at the company, Jobs picked up on a trend. “He had watched Disney go through this paralysis of sitting around and talking about what Walt [Disney] would do,” Cook explained. “And he did not want that for Apple.” The Apple CEO explained that at the time, the business had never had a “professional transition” at the chief executive level; the previous successions were always done in a time of “panic.” However, Jobs wanted to do things differently this time. So he called Cook over to his house and offered him the CEO job—with no pressure to emulate his leadership style. “I’ll never forget that and it was such a gift for me, because he took off of my shoulder this question of, ‘What would Steve do?’” Cook continued. “I just put my head down and thought, ‘I’m going to be the best version of myself.’” Cook is bringing his own flair, but sticking to these core principles Cook first joined Apple in 1998 after stints at PC-maker Compaq and IBM, less than one year after Jobs had returned as interim CEO. From 2000 onwards, Jobs would lead as the permanent CEO, while Cook worked his way up to high-level positions, becoming the COO in 2005. Over Cook’s nearly three decades at the company, working under Jobs until his passing in October 2...

Andris Nelsons is to leave the Boston Symphony Orchestra. The shock decision is strongly opposed by the players. What is going on, and what, should a music director’s role be? Plus: why Timothee Chalamet is an eejit The Boston Symphony Orchestra ending its contract with Andris Nelsons, its music director since 2014, has come as a shock to players and conductor alike. “The BSO and Andris Nelsons were not aligned on future vision,” read a terse statement released last week by orchestra’s board and Chad Smith, its president and chief executive. Nelsons will leave the orchestra after the summer 2027 Tanglewood season. In the glacial world of conductorly handovers and orchestral music programming, where decisions are often taken years in advance ( look at the LPO ), this feels disconcertingly hasty. The BSO is one of the US’s most distinguished and celebrated of orchestras, one of the so-called “ Big Five ”. Nelsons won two Grammys with the Boston Symphony players just last month (for Messiaen and Shostakovich), so why has the board decided to end the relationship? Is this a board v players and management spat? There’s no suggestion of any misconduct or breach of contract; perhaps the face-value interpretation is the right one: artistic differences over the orchestra’s “future vision”. Continue reading...

LeoPatrizi Former Cleveland Fed President Loretta Mester said the Federal Reserve will likely remain “on hold” on interest rates despite February’s CPI data coming in line with expectations, characterizing the inflation report as “old news” given current economic uncertainties. In an interview with CNBC, the Princeton University Griswold Center senior scholar emphasized that the more pressing concern for policymakers is understanding how the ongoing war and elevated energy prices will affect both inflation and the real economy going forward. Mester highlighted that high gasoline prices pose a particular challenge because of their visibility to everyday consumers. “If people see gasoline prices going up and staying up, that’ll probably feed into what they expect inflation to be going forward, and that’ll make it much harder for the committee to really ignore that oil price shock,” she said. This psychological effect on inflation expectations could complicate the Fed’s ability to look past temporary energy price increases. The former Fed official noted that today’s oil shock differs significantly from those of the 1970s and 1980s. Because the U.S. is now an energy exporter rather than an importer and uses energy more efficiently, the growth impact will likely be less severe than in previous decades. However, she cautioned that significant fiscal stimulus in the pipeline could exacerbate supply-demand imbalances and keep inflation elevated. Mester acknowledged that the Fed made an “error” during the pandemic era by dismissing inflation as transitory and failing to recognize the effects of supply-demand imbalances. She added that the current federal funds rate puts the Fed “in a good place” to wait and assess economic developments before making further moves. The softening labor market, Mester explained, reflects supply-side dynamics rather than weakening demand—an issue monetary policy cannot directly address. While there has been some deterioration in employment condi...

集装箱航运集团马士基周三表示，据其评估，目前全球燃料充足，但供应分布不均。 丹麦马士基公司发言人在一份书面评论中说：“我们正在积极主动地重新分配燃料，以确保船舶能继续在需要的地方加油，并保持我们的远洋网络运行不中断。” 责任编辑：刘明亮