Tag: Industrial Goods

Nasdaq Set to Beat NYSE in IPO Race for Fifth Year in a Row
Money

Nasdaq Set to Beat NYSE in IPO Race for Fifth Year in a Row

Nasdaq is on track to beat the New York Stock Exchange in the battle for initial public offerings in 2023, the fifth consecutive year in which the once-dominant NYSE has fallen behind its rival.IPOs at Nasdaq have raised $13.6 billion compared with $10.4 billion for new listings at the NYSE, according to data provider Dealogic. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Iran Adds to Pressure on U.S. With Nuclear Program Acceleration
World

Iran Adds to Pressure on U.S. With Nuclear Program Acceleration

Dec. 26, 2023 10:07 am ETIran has tripled production of nearly weapons-grade uranium in a move likely to deepen its confrontation with the West as it helps Tehran-linked militias to attack Israel and U.S. forces in the region. Iran’s decision to triple its production rate of near-weapons-grade uranium marks the collapse of quiet diplomatic efforts between Washington and Tehran to ease tensions. It comes amid a proliferation of flashpoints between the U.S. and Iran, whose proxies have repeatedly traded fire with U.S. forces in the Middle East since the bloody conflict between Israel and Hamas erupted on Oct. 7. U.S. and European navies are also shooting down drones launched by the Iran-backed Houthis in the Red Sea. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cb...
How We Deterred Iran in the Gulf Last Time
Health

How We Deterred Iran in the Gulf Last Time

“We’re not in an armed conflict with the Houthis,” deputy Pentagon press secretary Sabrina Singh recently stressed, and “part of why we are in the region is to bolster our deterrence.”Such words aren’t assuring for our Navy ships in the Red Sea, which have been fending off missiles and attack drones fired by the Iran-backed rebels for the past several months. Yes, the Navy’s boast in an Army-Navy Game day video that one of our destroyers is 22-0 against Houthi fire is impressive and a testament to the skill of our Navy crews. But if the scoreboard flips to 100-1, Americans will demand to know why Iran didn’t feel all that deterred by our naval deployments and why our sailors were injured or killed. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c...
Iran-Backed Forces Widen Their Attacks on Commercial Shipping
World

Iran-Backed Forces Widen Their Attacks on Commercial Shipping

Updated Dec. 25, 2023 2:29 pm ETEscalating Iran-backed attacks against global commercial shipping in the Red Sea have heightened pressure on the Biden administration as officials scramble to protect trade while trying to avoid a direct confrontation with Tehran.The U.S. Navy said late Saturday that two more vessels had been attacked that day by Iranian-backed Houthi forces in Yemen, bringing the number of commercial ships attacked near a crucial passageway between the Horn of Africa and the Middle East to 15.  The Pentagon said earlier in the day that a chemical tanker in the Indian Ocean was struck by a drone launched directly from Iran, a claim Tehran denied.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
China Is Stealing AI Secrets to Turbocharge Spying, U.S. Says
World

China Is Stealing AI Secrets to Turbocharge Spying, U.S. Says

Updated Dec. 25, 2023 12:01 am ETOn a July day in 2018, Xiaolang Zhang headed to the San Jose, Calif., airport to board a flight to Beijing. He had passed the checkpoint at Terminal B when his journey was abruptly cut short by federal agents.After a tipoff by Apple’s security team, the former Apple employee was arrested and charged with stealing trade secrets related to the company’s autonomous-driving program.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
From Patriot Missiles to a Mother and Her Vintage Rifle: Inside Ukraine’s Air Defense
World

From Patriot Missiles to a Mother and Her Vintage Rifle: Inside Ukraine’s Air Defense

Listen to article(2 minutes)KYIV, Ukraine—This winter, Ukraine’s defense against Russian missiles and drones ranges from sophisticated, multimillion-dollar U.S. Patriot systems to Svitlana Ruda, a mother of two with a 40-year-old assault rifle.Russia has started a widely anticipated bombardment of Ukrainian infrastructure, repeating a campaign last winter that led to mass blackouts and leveled apartment blocks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
What CIOs Read in 2023
World

What CIOs Read in 2023

In 2023, technology executives racing to keep ahead of the almost-daily advances surrounding generative AI continued to seek answers and inspiration in a centuries-old format: books.We asked some to share their favorites, included here along with a handful of notable reads from CIO Journal’s library. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Houthi Assault on Global Shipping
World

The Houthi Assault on Global Shipping

The press is reporting that the Biden Administration is contemplating the use of military force in response to continuing attacks on commercial shipping by the Houthi militia in Yemen. It’s about time. The Houthi missile attacks pose the most significant threat to global shipping in decades, and they will continue unless a global coalition unites to stop them.The USS Carney, a destroyer operating in the Red Sea, shot down no fewer than 14 attack drones launched from Houthi-controlled territory in Yemen on Saturday. A British warship shot down a Houthi drone after it was dispatched to the region to protect commercial ships. This follows weeks of similar attacks that U.S. warships have felt obliged to intercept to protect themselves and other ships.Copyright ©2023 Dow Jones & Company, I...
It’s the Magnificent Seven’s Market. The Other Stocks Are Just Living in It.
Money

It’s the Magnificent Seven’s Market. The Other Stocks Are Just Living in It.

Listen to article(2 minutes)Big tech stocks reclaimed their position as the market’s leaders this year. Just how far ahead of the pack have they run? Collectively, the stocks known as the Magnificent Seven—Apple, Microsoft, Alphabet, Amazon.com, Nvidia, Tesla and Meta Platforms—have jumped 75% in 2023, leaving the other 493 companies in the S&P 500 in their dust. (Those have risen a more modest 12%, while the index as a whole is up 23%.)Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8