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Jerome Powell Says Bank Failures Underscore Need for Stronger Regulation, Supervision

June 29, 2023 / no comments

The Fed chair says he “looks forward to evaluating proposals for such changes.”

Meta Puts Big D.C. Office Space Up For Sublease

June 29, 2023 / no comments

Meta’s D.C. office is the latest domino to fall as the tech giant reduces its footprint across the country.

Big Oil Mulls a Slippery Future

June 28, 2023 / no comments

Ask energy executives how much oil the world will need by 2050 and you will get very different opinions.

Microsoft CEO Says $75 Billion Activision Deal Won’t Block Competition

June 28, 2023 / no comments

Satya Nadella and Activision CEO Bobby Kotick say the Call of Duty franchise and other games will be available to competitors after the acquisition.

Microsoft and Activision Chiefs Testify Merger Will Benefit Consumers

June 28, 2023 / no comments

In federal court, Satya Nadella and Bobby Kotick opposed an attempt by the F.T.C. to delay Microsoft’s $70 billion acquisition of a video game giant.

Costco Is Cracking Down on Membership Sharing

June 28, 2023 / no comments

The wholesale retailer announced on Wednesday that it will require identification at all registers, including self-checkout lanes, eliminating a popular shopping secret.

FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges

June 28, 2023 / no comments

The failed crypto company is in initial discussions with investors about relaunching its international exchange.

Costco Makes It Harder to Share Membership Cards

June 28, 2023 / no comments

The bulk retailer is asking for photo identification at self-checkout registers.

Overstock Buys Bed Bath & Beyond Intellectual Property

June 28, 2023 / no comments

The $21.5 million deal includes the retailer’s website, domain names, trademarks, and customer and loyalty-program assets.

Auto-Industry Group Blasts Biden’s Plan to Electrify America’s Cars

June 28, 2023 / no comments

The E.P.A.’s plan is “neither reasonable nor achievable,” the lobbying group said, using strong language in the face of the urgency to cut planet-warming emissions from vehicles.

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