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Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’
Business

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’

Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’
Finances

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’

Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link

Microsoft, Google, Amazon Look to Generative AI to Lift Cloud Businesses
Business

Microsoft, Google, Amazon Look to Generative AI to Lift Cloud Businesses

Tech Cloud providers are trying to use the tech behind ChatGPT to heat up demand 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

Fear of Layoffs Is Changing How People Buy Homes
Finances

Fear of Layoffs Is Changing How People Buy Homes

An employment contingency can protect buyers in the event of job losses. 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

It's Easier to Underestimate Your Expenses and Overspend Right Now
Finances

It's Easier to Underestimate Your Expenses and Overspend Right Now

Many people have a gap between what they think they spend and what they actually spend. This gap has widened recently. Source link

Europe’s Big Polluters Win Carbon-Credit Windfall
Business

Europe’s Big Polluters Win Carbon-Credit Windfall

Some of Europe’s largest polluters are earning windfalls from the sale of carbon credits. Their profits are an unintended consequence of generous subsidies that make

Alibaba Co-Founder Jack Ma Returns to China After a Year Away
Business

Alibaba Co-Founder Jack Ma Returns to China After a Year Away

Tech The billionaire’s trip home comes as Beijing eases up on tech crackdown that hit confidence among private businesses Source link