Junk Debt Sends Early Warning Signals

Junk Debt Sends Early Warning Signals

Warning signals are starting to flash in the market for junk debt, an indicator that investors are worried that companies with high debt loads could be at risk even if the U.S. economy avoids recession. The current change in sentiment is modest compared with the one that hit high-yield bonds in December. But it continued…

U.S. Targets North Korean Hacking as Rising National-Security Threat

U.S. Targets North Korean Hacking as Rising National-Security Threat

WASHINGTON—New U.S. sanctions against North Korean hackers and revelations about North Korean malware show how Pyongyang’s cyber operations have become a crucial revenue stream and a security threat that soon could rival its weapons program, U.S. and industry officials say. North Korea’s hacks of financial systems and critical infrastructure world-wide reveal sophisticated cyber capabilities developed…

Iran Rejects U.S. Accusations Over Saudi Oil-Facility Attacks

Iran Rejects U.S. Accusations Over Saudi Oil-Facility Attacks

Iran denied American accusations that it was behind Saturday’s debilitating strikes on Saudi oil facilities, as Riyadh and Washington rushed to respond to attacks that could disrupt global oil markets, derail prospects of a meeting between President Trump and Iranian President Hassan Rouhani, and become the spark for a broader clash with Tehran. Iran-backed Houthi…

Resilient U.S. Growth Propels Stocks as Trade Fears Ease

Resilient U.S. Growth Propels Stocks as Trade Fears Ease

Investors are piling back into stocks and unwinding massive bets on haven assets, illustrating renewed faith that a resilient U.S. consumer can continue powering economic growth. Billions of dollars have flowed into funds that track stocks in recent days, and measures of investor sentiment show increased optimism. Last week’s rally, which…

Gucci’s Social-Media Status Fell, and Its North American Sales Dropped

Gucci’s Social-Media Status Fell, and Its North American Sales Dropped

MILAN—Gucci boosted its brand and sales by using social media to flaunt its connections with hip-hop artists and promote its theatrical fashion shows, but that momentum reversed in February, after the release of a sweater that critics likened to blackface. The result: Gucci lost the top spot among luxury companies for social-media engagement in March,…

Coyotes season preview: Kessel, Soderberg added to increase offense

Coyotes season preview: Kessel, Soderberg added to increase offense

The 2019-20 NHL season begins Oct. 2. With training camps open, NHL.com is taking a look at the five keys, the inside scoop on roster questions, and the projected lines for each of the 31 teams. Today, the Arizona Coyotes.Coach: Rick Tocchet (third season)Last season: 39-35-8; fourth place Pacific Division5 KEYS1. Kessel’s linematesOne of the…

Matthews discusses Mexican roots, National Hispanic Heritage Month

Matthews discusses Mexican roots, National Hispanic Heritage Month

Auston Matthews has fond memories of visiting Mexico when he was growing up.The Toronto Maple Leafs center said he and his family would travel to Hermosillo, the hometown of his mother, Ema.”We always enjoyed it, my sisters and I going down there and just spending time with them,” said Matthews, who was born in San…

Ducks season preview: Prospects counted on to boost scoring

Ducks season preview: Prospects counted on to boost scoring

The 2019-20 NHL season begins Oct. 2. With training camps open, NHL.com is taking a look at the five keys, the inside scoop on roster questions, and the projected lines for each of the 31 teams. Today, the Anaheim Ducks.Coach: Dallas Eakins (first season)Last season: 35-37-10; sixth place Pacific Division5 KEYS1. Impact of EakinsEakins was…

Marner contract settled when forward, Maple Leafs ‘bared down’

Marner contract settled when forward, Maple Leafs ‘bared down’

PARADISE, Newfoundland — Mitchell Marner and Kyle Dubas each said a sit-down meeting in Toronto on Thursday proved to be the breakthrough in contract negotiations between the restricted free agent forward and the Toronto Maple Leafs.It led to Marner agreeing to a six-year, $65.358 million contract Friday, the first on-ice day at Maple Leafs training…

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