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Foxconn Abandons India Chip Venture With Vedanta
The move is a setback to India’s nascent plans to become a semiconductor manufacturing hub. Source link
Europe Is Probing Whether Ozempic Use Raises Risk of Suicidal Thoughts
Ozempic is under review by European drug-safety regulators after they received reports of suicidal thoughts linked to the popular weight-loss drug and another medicine in
EU Approves Data-Transfer Deal With U.S.
The issue has proved a concern for some of the world’s biggest tech companies, including Meta Platforms and Google. Source link
Fed's Barr Says Nation's Biggest Banks Need More Capital
The Federal Reserve’s regulatory chief said he has decided to beef up the financial cushions for larger banks, moves he said would help boost the
Big Banks Need More Financial Cushion, Fed's Barr Says
The Federal Reserve’s regulatory chief said he has decided to beef up the financial cushions for larger banks, moves he said would help boost the
Rivian's Rally Makes No Sense—Unless It Uses It to Raise Cash
Shares in the electric-vehicle startup are on track for a record-breaking streak of gains that it could exploit to shore up its balance sheet. Source
Bitcoin, Coinbase Are Soaring Despite Obstacles Facing Spot Bitcoin ETFs
Analysts warn that steps to limit market manipulation might not clear the Securities and Exchange Commission’s bar. Source link
To Drive AI, Chip Makers Stack 'Chiplets' Like Lego Blocks
Some industry executives call the technology one of the most significant advances since the dawn of the integrated circuit more than 60 years ago. Source
Wave of Rental Resets to Further Deplete Affordable Housing
Expiring government protections mean landlords could charge market rates. Source link
Icahn Gets Breathing Room From Lenders Following Short-Seller Attack
The deal unties his personal loans from the trading price of his company’s shares, increase his collateral and set up a plan to fully repay