Biden on Big Tech at State of the Union 2023
In his first State of the Union address since Republicans took a slim House majority, President Joe Biden called on Congress to take up an issue over…
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Shock of War Threatens Lasting Impact on Global Economy
The world economy will pay a “hefty price” for the war in Ukraine encompassing weaker growth, stronger inflation and potentially long-lasting damage to supply chains, the Organisation…
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Sam Bankman-Fried’s $250 Million Bail Doesn’t Mean He Has That Much
FTX co-founder Sam Bankman-Fried’s $250 million bail package is one of the largest in U.S. history, but it doesn’t mean he actually has to put up that…
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The Head of Women’s Tennis On His Fight to Find Peng Shaui
Steve Simon, the CEO and chairman of the Women’s Tennis Association (WTA), says he’s tried to speak directly with Peng Shuai, the tennis pro from China who’s…
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What We Know About Bankman-Fried’s Political Donations
Disgraced FTX co-founder Sam Bankman-Fried faces a litany of charges tied to the collapse of his cryptocurrency exchange. But along with being an outsized figure in crypto,…
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U.S. Gas Exports Surge
While President Biden is fretting about high prices at the pump, even going as far as asking OPEC+ to raise oil output, U.S. refiners are exporting the…
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Twitter Employees Protest Musk Layoff Plans
Employees at Twitter are circulating an open letter protesting Elon Musk’s plan to fire as much as 75% of the company’s workforce, as the deadline for him…
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Financial Firms Are Flocking to Singapore But Hong Kong Keeps Its Edge
The boldfaced names in money management can’t get enough of Singapore these days. Billionaire Ray Dalio has set up shop to manage some of his personal fortune…
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Why Starbucks Workers Are Striking on One of the Busiest Days of the Year
Thousands of Starbucks baristas across the country are on strike Thursday, one of the coffee giant’s biggest sales days of the year, as part of organizers’ longterm…
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What to Know About U.S. Curbs on AI Chip Exports to China
The Biden administration has announced it is tightening export controls on semiconductor chips used for artificial intelligence and the equipment used to manufacture them, in an effort…
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