Tesla Nominates Former Tech Chief JB Straubel to Board
TechExecutive helped company become world’s most valuable car maker in his first stint with the firm Source link
regulation
WSJ News Exclusive | McKinsey Winding Down Firm’s Bankruptcy Practice
Consulting firm McKinsey & Co. is winding down its bankruptcy practice after numerous lawsuits and government investigations concerning the division’s work...
Glencore Returns to Acquisitions With Offer for Teck Resources
BusinessCanadian miner rejects unsolicited offer from Swiss-based commodity company Source link
Disney CEO Iger Calls DeSantis’s Moves Antibusiness, Anti-Florida
BusinessCompany, state have been clashing since Disney opposed Parental Rights in Education bill last year Source link
How Disney Dodged Ron DeSantis and Kept Control of Its Florida Land
Business‘Disney didn’t do anything secret’ in securing key approvals before governor’s new board gained oversight Source link
Medicaid Eligibility Changes Set to Hit Hospitals, Insurers, States
PoliticsHealth PolicyMillions could lose coverage as their eligibility is reviewed, with financial effects rippling through the healthcare industry Source link
For Regional Banks, Does More Debt Mean Fewer Problems?
While new requirements might be expensive for regional banks, they may help mitigate deposit-flight risk. Source link
WSJ News Exclusive | Biden’s $42.5 Billion Broadband-Expansion Plan Is Challenged by Lawmakers
Senators want a new review before money is allocated to ensure rural states get fair share. Source link
Janet Yellen Says Bank Rules Might Have Become Too Loose
The Treasury secretary argues that efforts to protect financial stability are incomplete. Source link
Fed, Treasury Fine Wells Fargo for Sanctions Violations
MarketsFinancial RegulationFederal Reserve and the Treasury Department are fining the bank $97.8 million Source link
Elon Musk, Other AI Experts Call for Pause in Technology’s Development
Tesla CEO Elon Musk and AI pioneer Yoshua Bengio are among those who want a moratorium of at least six...
Alibaba to Split Into Six Groups and Explore IPOs in a Departure From Jack Ma Era
The biggest structural overhaul in the Chinese tech company’s history comes days after co-founder Jack Ma returned to mainland China....
Ex-FDA Official Says Baby-Formula Industry Remains Vulnerable to Problems
PoliticsHealth PolicyPoor internal communication hindered FDA’s response to crisis, former deputy commissioner says Source link
Alibaba Co-Founder Jack Ma Returns to China After a Year Away
TechBillionaire’s trip home comes as Beijing eases tech crackdown that hit business confidence Source link
Telehealth Apps Sharing Consumer Data Draw FTC Crackdown
TechBetterHelp barred under proposed settlement from supplying health data for ads Source link
China Says It Opposes a Forced Sale of TikTok
Beijing responded for the first time to a Biden administration demand that the short-video app divest itself from its Chinese...
‘Greenwashing’ Targeted in Latest European Regulatory Push
European officials rolled out proposals aimed at forcing companies to back up environmental and sustainability claims they make over consumer...
TikTok CEO Shou Zi Chew Promises Firewall to Shield User Data
PoliticsIn prepared remarks to Congress, CEO will say that TikTok ‘will not be manipulated by any government’ Source link
SVB-Fueled Turmoil Junks Lessons of the Global Financial Crisis
The Fed and Congress thought smaller banks, deposits and bonds were boring and safe; instead, they are the source of...
Fed Raised Concerns About SVB’s Risk Management in 2019
The central bank issued numerous warnings to SVB, suggesting the bank’s problems were on the radar of its primary federal...
