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Green-Energy Winners and Casualties Are Becoming Easier to Spot
The European Union just moved an important step closer to turning its climate ambitions into law. The impact will be felt well beyond the energy
Huawei's Meng Steps Closer to U.S.-China Tech War Frontline
Meng Wanzhou, the telecoms company’s finance chief, is set to serve as rotating chairwoman, 18 months after securing her freedom in a prisoner swap. Source
New Corporate Minimum Tax Could Ensnare Some Firms Over One-Time Moves
Companies including CenterPoint Energy and American Water Works seek government guidance on how the sale of a business unit might trigger the 15% levy. Source
TikTok's Behind-the-Scenes Help in Washington: Former Obama, Disney Advisers
Zenia Mucha, Jim Messina and David Plouffe were brought on to advise the video app’s CEO on handling U.S. criticism over its China ties. Source
U.S., South Korea Vie Over Extradition of Crypto Fugitive Do Kwon
Markets Currencies Cryptocurrency Both countries are asking Montenegro to hand over the creator of the failed TerraUSD stablecoin to face criminal charges Source link
Turkey Epitomizes the West’s Russia Sanctions Dilemma
Markets Heard on the Street As Turkey struggles with inflation and the earthquake aftermath, Russia emerges as a vital trading partner Source link
Republican Budget Still Months Away, Complicating Debt-Ceiling Talks
GOP lawmakers want to start negotiations with the White House on a shorter list of proposals. Source link
Starbucks's Schultz to Testify About Negotiations With Unions
Howard Schultz, who stepped down as CEO this month, is expected to defend the coffee chain against accusations it has retaliated against pro-union workers. Source
Credit Suisse Violated Plea Deal in Tax Case, Senate Report Says
Markets Finance The Swiss bank failed to disclose transfers linked to a continuing tax conspiracy, according to a Senate investigation Source link
McCarthy Pushes for Debt-Ceiling Talks as Unity Eludes GOP
House Speaker Kevin McCarthy tried to prod President Biden into starting talks over spending cuts as a condition for raising the debt ceiling. Source link