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Corporate/Industrial News
EY Fails to Reach Deal on Split
A revolt that has upended the planned breakup of accounting firm Ernst & Young is being driven by two longtime U.S. auditors who believe their
Justice Department, EPA File Complaint Against Norfolk Southern
Government alleges that the Ohio train derailment discharged hazardous substances that violate the Clean Water Act. Source link
After Adani’s Crisis, India’s Vedanta Looks Vulnerable Too
Markets Heard on the Street Vedanta Resources is bleeding its subsidiaries dry as it struggles to deleverage Source link
ChatGPT Banned in Italy Over Data-Privacy Concerns
Tech Audience Privacy order comes as regulatory scrutiny over artificial-intelligence tools grows Source link
New EV Rules Mean Fewer Models Eligible for Tax Credit
Issued by the Treasury Department Friday, the criteria aim to make the U.S. less reliant on batteries and critical minerals shipped from China. Source link
After Adani’s Crisis, India’s Vedanta Looks Vulnerable Too
Markets Heard on the Street Vedanta Resources is bleeding its subsidiaries dry as it struggles to deleverage Source link
Oil Sputters as Bank Fears Are Weighed Against China Hopes
The risks of a U.S. recession are clouding Wall Street’s outlook for crude prices. Source link
Green Energy Is Stuck at a Financial Red Light
After years of uncertainty, last year’s Inflation Reduction Act finally gave America’s renewable-energy industry a long, green signal. Now the economy is blocking the road.
Japan Restricts Semiconductor-Equipment Exports as Ties With China Chill
World Asia Japan Move comes as Tokyo’s foreign minister plans to visit Beijing after detention of Japanese man Source link
Technology Slump Refocuses Startups on Capital Discipline
Slumping valuations for technology companies are making managers at emerging-markets startups direct their attention to capital discipline after years of booming investments and rising valuations