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Alibaba to Split Into Six Groups and Explore IPOs
The biggest structural overhaul in the Chinese tech company’s history comes a day after co-founder Jack Ma returned to mainland China. Source link
Ex-FDA Official Says Baby-Formula Industry Remains Vulnerable to Problems
Politics Health Policy Poor internal communication hindered FDA’s response to crisis, former deputy commissioner says in congressional testimony Source link
U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars
Politics Move aims at China’s supply-chain dominance and Japan meeting requirements on EV subsidies in the U.S. Source link
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’
Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link
CFTC Sues Binance Holdings in Chicago Federal Court
The Commodity Futures Trading Commission alleges the operator of the world’s largest cryptocurrency exchange violated U.S. rules that require futures and other derivatives to be
First Citizens Buys Much of Silicon Valley Bank
The acquisition comes more than two weeks after the lender’s collapse sent tremors through the banking system. Source link
Semiconductor Firms Asked to Submit Financial Projections to Get Chips Act Funds
WSJ News Exclusive Business Commerce Department will use financial statements to evaluate applications Source link
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
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