Author: WSJ

Masimo Chief Executive Joe Kiani bet the future of the company he spent three decades building in an expensive legal battle with the world’s most valuable company. So far, he is winning, but it isn’t over.His company, which pioneered a better method for measuring blood-oxygen levels, has spent around $100 million fighting Apple in a dispute that temporarily halted Apple Watch sales. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Test your knowledge of the week’s events as reported in The Wall Street Journal. Source link

Updated Dec. 30, 2023 12:10 am ETA resilient U.S. economy and cooling inflation fueled an intense year-end bond rally. Now, some suspect investors are too sanguine about the months ahead.The rally marked the latest in a series of swings that sent the yield on the 10-year U.S. Treasury, which falls when bond prices rise, leaping and diving throughout the past 12 months. Fears of a prolonged stretch of higher interest rates repeatedly drove the yield to decade-plus highs, only for stress on the banking system and a Federal Reserve pivot to drag it down again. Copyright ©2023 Dow Jones & Company,…

Updated Dec. 30, 2023 12:11 am ETListen to article(2 minutes)MBOMBELA, South Africa—A half-century-old company on the outskirts of South Africa’s Kruger National Park has found itself in a fortuitous spot as Western automakers push to move their electric-vehicle supply chains away from China.Manganese Metal Co., based in the sleepy town of Mbombela, is the largest of just a handful of refiners of battery-grade manganese located outside China. Used mostly for making steel, manganese is increasingly replacing more expensive and harder-to-source minerals such as cobalt and nickel in the lithium-ion batteries that power electric cars, smartphones and laptops.Copyright ©2023 Dow Jones…

Overachieving and overthinking are ways we try to feel more secure, but they can seriously hurt our mental and physical health Source link

EVERY DAY AROUND 3 p.m. when my attention wanes and deadlines loom large, I self-soothe by filtering my Gmail for messages larger than one megabyte and deleting them. Yet, my inbox still brims with unsolicited PDFs, unread newsletters and virtual webinar invites.A more streamlined digital life is possible, say several professional organizers I consulted. Their main advice? Digital decluttering takes time. Stormy Perez, who specializes in creating organization systems for people that hire her on TaskRabbit in New York, recommends trying to do one digital cleanup chore each week (or even month). Here, six strategies you can undertake to start…

The past year was a downer for mergers and acquisitions, which plunged to the lowest level in a decade, but deal makers are hopeful that 2024 could be better following the Federal Reserve’s pivot toward potential interest-rate cuts in the year ahead.Global M&A is on track to fall 20% in 2023 compared with 2022, to a total value of about $3 trillion, according to advisory firm Bain & Co. Deal making was down especially for venture capital and private-equity firms, which saw estimated 39% and 35% declines, respectively, according to Bain. Strategic deals—in which a company buys or sells all or…

Updated Dec. 26, 2023 3:21 pm ETApple is appealing a decision by a federal trade agency that forced it to stop selling two models of its smartwatches after the agency said Apple violated patents of a competitor.Apple said in court documents filed Tuesday the company will suffer “irreparable harm” if the ban stays in place, since the models are its two most popular. The watch models affected are its newest ones: the Apple Watch Series 9 and the Apple Watch Ultra 2.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

One thing the Securities and Exchange Commission’s top cop promised when he took the job was increased enforcement and a crackdown on repeat offenders. More than two years later, he says the numbers so far prove the strategy works. Under Gurbir Grewal, director of the SEC’s enforcement division, the agency has brought a record number of actions. In the year ended Sept. 30, the SEC imposed financial remedies of about $5 billion through 784 enforcement actions, second only to the record set the year before at $6.44 billion in monetary penalties. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8…

Apple’s widening effort to turn its nine-year-old watch from a luxury timepiece into the ultimate all-in-one medical device is taking it into territory that is legally treacherous as well as potentially profitable.This month’s suspension of Apple Watch sales was the starkest sign yet that the world’s most valuable tech company is treading new ground as it adds health features to the device. While Apple on Wednesday won a temporary reprieve to resume sales, specialists in medical devices say the technical and legal challenges are likely to continue.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8