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Elizabeth Holmes Set to Report to Prison Tuesday in Texas

May 30, 2023 / no comments

The disgraced founder of the blood testing start-up Theranos, who was convicted of fraud, is expected to report to a minimum-security prison in Texas.

Sam Bankman-Fried Could Have Some Charges Dropped if Bahamas Objects

May 30, 2023 / no comments

The Justice Department said it would drop some of the criminal charges against FTX founder Sam Bankman-Fried if the Bahamas says they violate the terms of his extradition to the U.S.

Debt-Ceiling Deal Does Little to Change Direction of Federal Spending, Economy

May 30, 2023 / no comments

The plan, if approved, would avert potential financial disaster caused by a government default.

Your Favorite Book Won’t Be Turned Into a TV Show Anytime Soon

May 30, 2023 / no comments

Authors whose books are being adapted into movies and TV shows are the latest to be affected by the Writers Guild of America’s strike.

China’s Young People Can’t Find Jobs. Xi Jinping Says to ‘Eat Bitterness.’

May 30, 2023 / no comments

With youth unemployment at a record, the Communist Party is trying to reset expectations about social mobility by talking up the virtue of hardship.

Turkey’s Lira Hits New Low After Erdogan’s Re-Election

May 30, 2023 / no comments

The local currency fell on concerns that the president would stick to his unorthodox approach to managing the country’s strained finances after he secured a new five-year term.

Turkey’s Lira Hits New Low After Erdogan’s Re-Election

May 30, 2023 / no comments

The local currency fell on concerns that the president would stick to his unorthodox approach to managing the country’s strained finances after he secured a new five-year term.

A.I. Poses ‘Risk of Extinction,’ Industry Leaders Warn

May 30, 2023 / no comments

Leaders from OpenAI, Google Deepmind, Anthropic and other A.I. labs warn that future systems could be as deadly as pandemics and nuclear weapons.

IRS Will Lose Up to $21.4 Billion in Debt-Ceiling Deal

May 30, 2023 / no comments

The Internal Revenue Service will lose up to $21.4 billion from its $80 billion expansion fund as part of the bipartisan debt-limit deal.

A Foreign Capital Invasion Could Lift Japan’s Stocks

May 30, 2023 / no comments

Japan’s Topix is one of the top performing markets in the world this year. But foreigners are only just starting to take note.

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