In his sharpest rebuke of the world’s richest man, a distinction he once held, Bill Gates accused Elon Musk at least twice in the past week of “killing” children in the world’s poorest countries by cutting foreign aid under the…
A smartphone with the Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this photo taken June 8, 2023. Dado Ruvic | Reuters Coinbase shares fell as first-quarter revenue came in shy of Wall Street’s expectations, despite…
Under the applicable sentencing guidelines, Mashinsky could have faced up to 30 years in prison. But federal judges are required to take into account various additional factors when coming to a sentence, including the characteristics and personal history of a…
Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project Fortune Trump just declared May 8 a national holiday. What’s open and closed? Fortune U.S. Urges Breakup of Google Ad Businesses WSJ Our remedies proposal in the…
By Jonathan Stempel (Reuters) -Citigroup must face a revived lawsuit claiming it caused more than $1 billion of losses by orchestrating and concealing a vast fraud at the now-bankrupt Mexican oil and gas services company Oceanografia, a U.S. appeals court…
Foxconn, the maker of Apple’s iPhones, has announced plans to produce electric vehicles (EV) for Japanese car giant Mitsubishi Motors. Under the agreement in principle, a Foxconn joint venture will design and build cars in Taiwan for Mitsubishi. The companies…
Ever since ChatGPT burst onto the scene in 2022, investors have wondered about the implications for Google. Mainly: What happens to the company if lots of people start using AI engines to answer questions instead of Google’s dominant search engine?…
Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising prices. Mattel is shifting production out of China. Evidence for the economic impact of President Trump’s trade wars…
CNN — Air traffic controllers repeatedly rang the alarm about critical safety issues and faced telecommunications outages affecting Newark Liberty International Airport starting last summer – months before widespread delays and flight cancellations at the airport this week, a CNN…
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025.…