The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about […]
Category: Business
Business News
WK Kellogg To be Bought for $3.1 Billion by Italy’s Ferrero
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops. Source link
3 Teenagers Arrested Over Cyberattacks That Cost U.K. Retailers Millions
Four people total were arrested in connection with an April cyberattack that disrupted operations at Marks & Spencer, Harrods and Co-op. Source link
Delta’s Stock Soars on Signs of ‘Stabilized’ Demand
The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year. Source link
Andreessen Horowitz Calls for a Delaware Exodus
The investment firm Andreessen Horowitz is moving its incorporation out of the First State, and urging others to follow, as backlash to its courts grows. […]
European Union Unveils Rules for Powerful A.I. Systems
Makers of the most advanced artificial intelligence systems will face new obligations for transparency, copyright protection and public safety. The rules are voluntary to start. […]
His Start-Up May Not Survive Chaotic Rollout of Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company. […]
Head of S.E.C.’s Crypto Task Force Says ‘Tokenized’ Stocks Are Securities
Hester M. Peirce said in a statement Wednesday that digital versions of stocks are still subject to federal securities laws. Source link
Head of S.E.C.’s Crypto Task Force Says ‘Tokenized’ Stocks Are Securities
Hester M. Peirce said in a statement Wednesday that digital versions of stocks are still subject to federal securities laws. Source link
Ford Says Battery Plant’s Tax Break Survived Republican Attacks
Slight changes to the big budget bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more […]