Brace for a volatile 2022, but cling to this tech stalwart when the storm comes, says investment adviser

The pain is piling up on stock investors after a long weekend in the US, with bond yields at levels not seen since early 2020, and oil prices crossing their 2014 highs. The pace of the Fed’s monetary tightening amid the highest inflation in nearly 40 years, a bumpy start to corporate earnings reporting season … Read more

Rolls-Royce, Bentley, BMW Sales Surge as Cheaper Brands Lag Behind

Berlin — luxury car brands such as Rolls-Royce, Bentley, Porsche and BMW BMW -0.30% Record sales were set, thanks to customers who coveted it and manufacturers who channeled rare chips toward their most profitable models. With international travel halted during the pandemic and many avenues of flashy spending closed to them, a young generation of … Read more

Monster Beverage Buys Owner of Craft Breweries Cigar City, Oskar Blues for $330 Million

monster drink corp. MNST 0.41% He had been thinking about switching to alcohol for years. It finally took the plunge on Thursday, becoming the latest big soft drink company to try its hand at liquor. Monster, best known for its namesake energy drink, said it has struck a deal to buy CANarchy Craft Brewery Collective … Read more

Student-Loan Processor Navient to Cancel $1.7 Billion of Debts

A former unit of student loan giant Sallie Mae said it would cancel $1.7 billion in private student debt for 66,000 borrowers to settle claims it engaged in deceptive lending practices. Navient corp. Navi 0.37% He agreed to the amount in a settlement with 40 state attorneys general. The loans are private loans, so losses … Read more