Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year.
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Goldman’s ways to play deglobalization, onshoring trend fueled by pandemic and Ukraine war
World
Berkshire electric utility’s court win could save it billions
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) PacifiCorp court win could reduce wildfire damages by $1B or more An Oregon Court of Appeals ruling this week accepted PacifiCorp’s argument the judge in a 2023 trial mistakenly […]
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World
Cathay Pacific to cut flights from mid-May to end-June as jet fuel prices surge
A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag carrier of Hong Kong with its main hub being at Hong Kong International Airport. James D. Morgan | Getty Images News | Getty Images Cathay Pacific Airways said on Saturday it […]
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World
OpenAI identifies security issue involving third-party tool, says user data was not accessed
Samuel Boivin | Nurphoto | Getty Images OpenAI said on Friday it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS applications are legitimate OpenAI apps. The ChatGPT maker said it found no evidence that its user data was accessed, […]
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