Adani Bondholders Turn to Advisers as Crisis Engulfs Indian Firm

(Bloomberg) — Bondholders of Adani Group firms are holding initial conversations with financial advisers and lawyers to weigh their options after the unfolding crisis at the Indian conglomerate sent several dollar obligations into distressed territory. Most Read from Bloomberg Investors are seeking guidance about how the sprawling group’s debt structure would be impacted under various … Read more

Adani Abruptly Abandons $2.4 Billion Stock Sale as Crisis Mounts

(Bloomberg) — The flagship company of beleaguered Indian tycoon Gautam Adani pulled a record 200 billion-rupee ($2.4 billion) share sale after a selloff triggered by a US short seller’s report engulfed his group in turmoil. Most Read from Bloomberg Adani Enterprises Ltd. decided not to go ahead with its follow-on public offer of shares, according … Read more

How China’s COVID Crisis Could Spawn a Disastrous Virus ‘Leap’

is entering a critical phase. The BA.5.2 subvariant of the SARS-CoV-2 virus is spreading essentially unchecked through a population of 1.4 billion people with . And as the virus is spreading, it’s also mutating—fast. If the rest of the world’s experience with the same form of COVID is any indication, one of two things will … Read more

U.S Soccer crisis deepens as top team officials quit

The United States men’s national team, already without a permanent coach, was plunged further into turmoil on Thursday with both the federation’s Sporting Director and the national team General Manager quitting their jobs. Sporting Director Earnie Stewart is leaving to join Dutch club PSV Eindhoven and General Manager Brian McBride has stood down from his … Read more

‘No safe spaces’: For Asian Americans, California shootings add to growing mental health crisis

As it does every year, San Francisco senior services agency Self-Help for the Elderly is marking the  by offering its mostly Asian American clients good tidings, special pastries and traditional red envelopes bearing wishes of good health, peace and prosperity. But this year’s mood has been marred by  in Monterey Park, a predominantly Asian American community … Read more

Draymond Green facing leadership crisis as Warriors weather struggles

This content is not available due to your privacy preferences. originally appeared on SAN FRANCISCO — The Warriors have more wins than losses, and is blaming himself. Not out of valor or self-pity but because he knows he has compromised perhaps his greatest asset. A in the preseason, he says, has caused him to soften … Read more

Toronto mayor calls for national summit to tackle mental health crisis

Toronto Mayor John Tory is calling for a national summit to address what he calls Canada’s mental health crisis. In a statement Wednesday morning, Tory says the summit would see mayors, ministers, premiers and the prime minister discuss how better to support people living with mental health and addictions challenges. Tory says, coming out of … Read more

Debit Limit Ceiling Crisis Could Hit Your 401(k), Social Security and Medicare

America’s debt ceiling was reached – again – on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to that amount in December 2021. As much terms like “ceiling” and “cap” are used in this discussion, the truth is this limitation is more of a temporary hindrance than … Read more

‘Crisis Can Create Opportunities’: Here’s Why Cathie Wood Sticks With These 2 Big Innovation Stocks

What can we say about 2023? We’ve just come off a truly challenging year, with a difficult bearish trend pushing stocks down across the board, especially in the tech sector. In this environment, transparency – the ability to see beneath appearances – has grown more important than ever. , founder of the ARK Invest funds … Read more

Are we still in the throes of a global supply chain crisis?

This post was originally published on The New York Giants appear to have a supply chain problem. In a research note to clients Friday, Wells Fargo’s Christopher Harvey flagged with Giants wide receiver Kenny Golladay from earlier in the week. Behind him was a printout notifying players “DO NOT GIVE YOUR GAME JERSEY AWAY OR … Read more