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Rick Caruso’s Millions Upend Los Angeles Mayoral Race

The mall developer has smashed the campaign-spending record and is neck-and-neck with U.S. Rep. Karen Bass, previously a heavy favorite to lead America’s second-most-populous city.

Jun. 6, 2022 at 5:30 a.m. ET by Christine Mai-Duc

Elliott Management Sues LME Over Nickel Crisis

Activist hedge-fund manager Elliott Management sued the London Metal Exchange for more than $456 million after the exchange earlier this year suspended nickel trading and canceled some trades following wild price swings.

Jun. 6, 2022 at 4:46 a.m. ET by Dave Sebastian

Boris Johnson Faces Confidence Vote Over Lockdown Parties

A ballot was triggered by rebel lawmakers in the Conservative Party following a collapse in the U.K. prime minister’s poll ratings caused in part by parties in Downing Street during Covid-19 lockdowns.

Jun. 6, 2022 at 3:52 a.m. ET by Max Colchester

Stock Futures Rise to Start the Week

U.S. stock futures rose, suggesting major indexes will stage partial rebounds from weekly losses that came after Friday’s jobs report.

Jun. 6, 2022 at 3:42 a.m. ET

Starbucks Is Seeking Fresh Blood in CEO Search

Starbucks’s interim CEO Howard Schultz, back for his third stint at the coffee giant, said it needs fresh blood and a “different type of leader,” and is focusing on external candidates.

Jun. 6, 2022 at 12:01 a.m. ET by Heather Haddon

Source: Marketwatch

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