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Fed, Treasury Fine Wells Fargo for Sanctions Violations
Markets Financial Regulation Federal Reserve and the Treasury Department are fining the bank $97.8 million Source link
Warehouses Find Insulation From U.S. Banking Crisis
Tight capacity, high leasing rates offer guardrails for industrial real estate, executives say. Source link
White House Calls for Tougher Midsize Bank Rules
The changes would apply to banks with $100 billion to $250 billion in assets. Source link
Apple Wants to Solve One of Music's Biggest Problems
Forget the metaverse. The future is metadata. It’s how the world’s most valuable company built a better way of listening to Mozart and Beethoven. Source
Musk's Change to Twitter's Blue Check Mark Angers Celebrities
William Shatner, Jason Alexander and Monica Lewinsky criticize move to tie a social-media status symbol to platform subscriptions. Source link
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
Still Desperately Seeking Workers – WSJ
Markets Heard on the Street Even banking woes might not detract much from businesses’ still-heady demand for workers Source link
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