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Companies Are Paying for Price Cuts With Their Tariff Refunds
The Wall Street Journal24d agobearish
Companies Are Paying for Price Cuts With Their Tariff Refunds

In a turn of good fortune, tariff refunds are arriving for companies as they confront higher costs stemming from the war in Iran, WSJ Leadership Institute reporters Kristin Broughton and Jennifer Williams write. In a story published this morning, Kristin and Jennifer take a look at the retailers and consumer goods companies using their refunds to fund price cuts. Walmart CFO John David Rainey nodded to these pressures in an earnings call this month, discussing the retailer’s move to cut prices on 11,000 items, funded with its $2.9 billion refund.

Partners Group Caps Withdrawals on Fund, Sparking Sector Selloff
The Wall Street Journal113d agobearish
Partners Group Caps Withdrawals on Fund, Sparking Sector Selloff

Shares in Swiss private-markets firm Partners Group are tumbling after it capped withdrawals from its Global Value SICAV fund, citing a jump in investors looking to pull out. The move came just a day after, Cliffwater limited withdrawals from its flagship private credit fund after more investors headed for the exits, the Journal reported.