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U.S. Pushes for Business Investment in Africa to Counter China’s Reach
Business

U.S. Pushes for Business Investment in Africa to Counter China’s Reach

Business Vice President Kamala Harris is the latest American official to pledge more investment in the continent Source link

Fed’s Barr Says Silicon Valley Bank Failed Because It Didn’t Address Clear Risks
Finances

Fed’s Barr Says Silicon Valley Bank Failed Because It Didn’t Address Clear Risks

Markets Financial Regulation Officials say agencies are preparing reports on recent bank failures Source link

Fed’s Barr Says Silicon Valley Bank Failed Because It Didn’t Address Clear Risks
Business

Fed’s Barr Says Silicon Valley Bank Failed Because It Didn’t Address Clear Risks

Markets Financial Regulation Officials say agencies are preparing reports on recent bank failures Source link

Russia’s Economy Is Starting to Come Undone
Business

Russia’s Economy Is Starting to Come Undone

MOSCOW—The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow. Those

U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars
Business

U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars

Politics Move aims at China’s supply-chain dominance and Japan meeting requirements on EV subsidies in the U.S. Source link

Drug Middlemen Accused of Price Fixing by Ohio Attorney General
Business

Drug Middlemen Accused of Price Fixing by Ohio Attorney General

The state’s lawsuit alleged certain pharmacy-benefit managers shared drug pricing and other information to gain leverage during rebate negotiations with pharmaceutical companies. Source link

China's Economic Coercion Needs Congressional Response, Ambassador Says
Business

China's Economic Coercion Needs Congressional Response, Ambassador Says

Rahm Emanuel, the U.S. ambassador to Japan, calls for a global coalition of U.S. allies to help those countries targeted by Beijing. Source link

China Detains Japanese Employee From Drugmaker Astellas
Business

China Detains Japanese Employee From Drugmaker Astellas

The arrest on suspicion of spying came as Beijing seeks to reassure foreign executives that it is open for business, and follows a raid on

Huobi’s New Boss Shakes Up Crypto Firm With China Plan
Finances

Huobi’s New Boss Shakes Up Crypto Firm With China Plan

Cryptocurrency entrepreneur Justin Sun is attempting to revive the fortunes of digital-assets exchange Huobi by shifting its focus back to China—with the aid of a

UAW Members Elect Reform Candidate as President
Business

UAW Members Elect Reform Candidate as President

Shawn Fain will take charge of the union ahead of contract talks with Detroit auto makers set to begin this summer. Source link