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The Latest Breaking News from the Wall Street Journal

News Corp newspapers full of praise for Rupert Murdoch as he takes up ‘new role’

Murdoch-owned titles in US, UK and Australia stopped short of saying retirement, but left readers in no doubt about their boss’s immense talent

The Guardian - AU

Tether is lending out $5.5 billion in stablecoins less than a year after it said it would stop issuing loans

The stablecoin’s lending practices raises questions about its ability to withstand a bank run.

Fortune

Rupert Murdoch stepping down as Fox and News Corp chair, with son Lachlan taking over – as it happened

Media mogul told staff he was leaving after seven decades and ‘take on different roles’

The Guardian - US

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Fox founder Rupert Murdoch steps down from his media empire, handing it to his son

Rupert Murdoch is stepping down as chair of his media empire, which includes Fox News, The Wall Street Journal and The New York Post. He is handing the reins to his son Lachlan.

WEKU

Netanyahu Directs Nuclear Experts To Find Saudis Path To Enrich Uranium

Israeli PM Benjamin Netanyahu instructed his country's leading nuclear and security specialists to work with U.S negotiators

Zenger

Jews around the world send Rosh Hashana wishes to detained reporter Evan Gershkovich

The Wall Street Journal reporter has been held in Russia since March. Thousands have written him letters for the Jewish new year, as the campaign for his release hones in on next week's U.N. meeting.

WEKU

Youngest-ever Harvard Law grad paid more than Tim Cook unexpectedly quits

Kiwi Camara's salary, at $110 million, made him one of just nine CEOs to be paid more than Apple's Tim Cook, who was paid just $99 million.

Fortune

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Weekly Must-Read: The Slow-Burning Insurance Crisis Unfolding in the Shadows

Despite government efforts to clean up the industry and improve oversight, the economic slowdown and a new risk-focused regulatory regime are adding to the problems

Caixin Global

Exxon minimized climate change internally after conceding that fossil fuels cause it

The Wall Street Journal reported Thursday that as recently as 2016, Exxon executives were privately pushing back on the idea that humans need to cut their use of oil and gas to limit global warming.

WEKU

Professor Akhil Amar, On His Podcast, Responds to Attorney General Mukasey and the Tillman-Blackman Position

Section 3 civility outside and inside Yale Law School.

Reason

Professor Calabresi in WSJ: President Trump Can Not Be Disqualified

Professor Calabresi changes his mind based on Tillman's argument: the President is not an "Officer of the United States"

Reason

‘Worst investment ever’: fan buys Brady Bunch house for $3.2m – 42% under asking price

Studio City home used for exterior shots in the famed sitcom was recently renovated to also look like the Brady house inside

The Guardian - AU

Trump, triggered by poll, calls for test

The ex-president challenged Rupert Murdoch, President Biden, and WSJ heads to an "acuity test" in retaliation

Salon

Trump's dementia challenge: He's scared

Donald Trump is desperately searching for a way to reassure himself that he's not impaired

Salon

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Fortune

Meme stock king Ryan Cohen is under investigation for Bed Bath & Beyond trades that netted him $60 million in 5 months

The SEC is investigating Chewy co-founder and GameStop chairman Ryan Cohen's sales of Bed Bath & Beyond last year during the meme stock mania.

WEKU

Justice Alito rejects recusal in major tax case

His statement came after Sen. Dick Durbin, the chair of the Senate Judiciary Committee, wrote to the chief justice, urging that steps be taken to assure that Alito not take part in the tax case.

Reason

The Biden Administration's Ridiculously Spendy Broadband Promises

Americans can decide for themselves where to live and which services they need or can do without.

Fortune

Tim Cook said Apple had a 'symbiotic' relationship with China. Now Beijing's reported iPhone ban may mean the good feelings are over.

Apple lost $200 billion in value following reports that Beijing may limit iPhone use in government departments and state-owned enterprises.

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Barchart

Weakness in Apple Weighs on Tech Stocks and Drags Broader Marker Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.73%. Stocks on Thursday settled mixed, with the S&P 500...

Barchart

Stocks Lower as Weakness in Apple Weighs on Tech Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.83%. Stock indexes this morning are mostly lower, with the...

Barchart

Markets Today: Stocks Drop on Apple Weakness and U.S. Labor Market Strength

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.67%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -1.20%, both at 1-week lows. Stock indexes this morning are moderately lower. Apple is down more than -2% in pre-market trading to lead technology stocks lower...

Roll Call

Whitehouse makes ethics complaint against Alito to Roberts - Roll Call

Sen. Sheldon Whitehouse, D-R.I., complains about Justice Samuel Alito's ethics in a letter to Chief Justice John G. Roberts Jr.

Zenger

Trump Defies Odds, Emerges As An Even More Appealing GOP Candidate Amid Indictments: Poll

The Former U.S. president's influence within the Republican Party seems to be on an upward trajectory amidst legal headwinds

Caixin Global

Weekly Must-Read: China’s Offshore Wind Sector Gears Up for Life After Subsidies

Even as individual firms prepare to scrap for local government contracts, analysts say the sector will continue to ride the updraft

Salon

Trump lashes out after WSJ trashes him

In yet another tirade, Trump went after "the die-hard globalists at the editorial board" of the Wall Street Journal

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