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To Beat Back New York, London Seeks to Tap Pension Pot

June 22, 2023 / no comments

U.K. leaders desperately want to reclaim London’s status as the world’s hottest financial hub. And they are eyeing the country’s $3.6 trillion pension war chest.

Global Climate Economy Conference Begins in Paris

June 22, 2023 / no comments

Hundreds of representatives from about 80 countries are gathering in Paris to talk about rebuilding a monetary system many say is ill-suited to a changing planet.

Microsoft-Activision Deal Faces Test in FTC Hearing

June 22, 2023 / no comments

The proceeding in San Francisco federal court is a major test for the Biden administration’s more aggressive approach to antitrust enforcement.

Hopes Rise for Rally in Small Stocks After Historic Underperformance

June 22, 2023 / no comments

The Russell 2000 index is in its strongest run since January as the economy proves more robust than many expected.

America’s Top Fast-Fashion Retailer Tries to Shed Its Chinese Image

June 21, 2023 / no comments

Fashion retailer Shein, trying to address concerns about its supply chain, says it doesn’t source cotton from Xinjiang—but its reporting lacks transparency.

Biden’s Trade Challenge: Kicking the China Dependency Habit

June 21, 2023 / no comments

Officials want to avoid trade deals whose rules boost China’s role in supply chains, Greg Ip writes.

Canceling a Digital Subscription Is Hard. That’s Changing.

June 21, 2023 / no comments

Cancellation buttons are often buried, but some apps see the benefit of easy-come, easy-go customers.

On Wall Street, Lawyers Make More Than Bankers Now

June 21, 2023 / no comments

Superstar attorneys can rake in more than $15 million a year, while banker pay has hardly budged.

Twitter CEO Intervened to Mend Google Relationship After Cloud Payment Issue

June 21, 2023 / no comments

The social-media platform is now paying for Google cloud services amid talks of a broader partnership.

China’s Cloud Computing Firms Raise Concern for U.S.

June 21, 2023 / no comments

The Biden administration is exploring whether it can mount a campaign against Chinese tech giants like Alibaba and Huawei, potentially fueling tensions with Beijing.

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