Jay Y. Lee, Samsung’s De Facto Leader, Wins Parole From Prison
SEOUL— Samsung ’s de facto leader, Lee Jae-yong, will be released from prison on parole later this week, though it...
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Fed Chairman Powell’s Approach to Regulation Has Drawn Criticism From Some Democrats
President Biden’s looming decision about who should be the next Federal Reserve chairman is prompting reviews of the current chief’s...
WSJ News Exclusive | Didi Global Considers Going Private to Placate China and Compensate Investors
HONG KONG—Ride-hailing giant Didi Global Inc. is considering going private in order to placate authorities in China and compensate investors...
Fed Launches Standing Repo Facility to Boost Market Liquidity
The Federal Reserve is launching new facilities designed to provide liquidity to big Wall Street banks and foreign institutions like...
Treasury Market Meltdown in 2020 Shows Need for Overhaul, Report Finds
A global dash for cash sparked by the coronavirus pandemic in March 2020 forced the Federal Reserve to buy hundreds...
Kaseya Gets Tool to Unlock Data After Ransomware Attack
The technology provider at the center of a ransomware attack this month said it obtained a tool to unlock data...
Medicare Payment Collector Targets Asbestos Bankruptcy Trusts
A collection agent for Medicare service providers is suing one of the dozens of trusts established by bankrupt asbestos manufacturers...
U.S. Warns Businesses Over Rising Risks in Hong Kong Under China Crackdown
WASHINGTON—The Biden administration is warning American businesses about the increasing risks of operating in Hong Kong as China’s tightening grip...
Didi Faces a Cybersecurity Probe From Officials in China
Didi headquarters in Beijing earlier this year. Photo: Yan Cong/Bloomberg News Updated July 16, 2021 3:02 am ET SINGAPORE—China sent...
Fed’s Powell Concedes Anxiety About Higher Inflation but Resists Policy Shift
Federal Reserve Chairman Jerome Powell said recent inflation was uncomfortably above the levels the central bank seeks, concluding two days...
Powell Says Fed Still Expects Inflation to Ease
Federal Reserve Chairman Jerome Powell said the central bank wouldn’t hesitate to raise interest rates to keep inflation under control...
Delta Reports First Profit Since Covid-19 Pandemic Began
Delta Air Lines Inc. said U.S. vacation travel has fully recovered as the airline reported its first quarterly profit since...
China Widens Data-Security Probe of U.S.-Listed Tech Companies
A unit of China’s cybersecurity regulator launched data-security reviews of apps operated by two U.S.-listed Chinese companies, days after announcing...
