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Russia Launches Emergency Rate Rise to Stem Economic Turmoil
The central bank raised rates by 3.5 percentage points to stem a sharp selloff in the ruble, a response to the mounting financial costs of
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 12:53 am ET Listen to article (1 minute) SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment rate after
SEC's Whistleblower Chief Manages Growing Pains as Program Gains Popularity
Nicole Creola Kelly says her office treats every whistleblower equally, amid criticism that those using lawyers with connections to the SEC get special treatment Source
The Economic Losers in the New World Order
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting left behind. Source link
A DuPont China Deal Reveals Cracks in U.S. National-Security Screening
Listen to article (2 minutes) WASHINGTON—U.S. officials forged an uneasy compromise to let DuPont sell its sustainable-materials business last year to a Chinese company while
Texas Sues Shell Over Massive Fire at Houston Chemical Plant
State officials allege that the multiday blaze caused ‘mass quantities’ of airborne contaminants and illegal flows of wastewater into waterways. Source link
Starbucks Prevails in Legal Challenge to Its Diversity Policies
Decision in federal court in Spokane, Wash., is a setback for legal activists who have sought to unwind companies’ policies aimed at increasing representation of
Viet Dinh to Leave as Fox's Chief Legal Officer
The architect of the company’s ill-fated strategy in a defamation battle that resulted in a record $787.5 million settlement is leaving his post at year’s
China’s Options for Retaliation Are Few After U.S. Investment Ban
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A New Green Tax-Credit Market Is for Corporations. Some People Want In.
Some tax advisers are urging the Treasury Department to let individuals use clean-energy tax credits, too. Source link