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How the G7 Oil Price Cap Has Helped Choke Revenue to Russia

May 18, 2023 / no comments

Group of 7 leaders are prepared to celebrate the results of a novel effort to stabilize global oil markets and punish Moscow.

Meta Made Its AI Tech Open-Source. Rivals Say It’s a Risky Decision.

May 18, 2023 / no comments

The tech giant has publicly released its latest A.I. technology so people can build their own chatbots. Rivals like Google say that approach can be dangerous.

The Scramble to Take Over What Bed Bath & Beyond Left Behind

May 18, 2023 / no comments

Couples are racing to find new wedding registries while suppliers seek other customers and competing retailers pledge to accept that big blue coupon.

Micron Outlines $3.6 Billion Investment With Japan’s Backing

May 18, 2023 / no comments

The U.S. chip maker’s deal with Tokyo comes at a time of rising tension between Washington and Beijing over chip technology.

Bitcoin Miner Bit Digital Adds Machines in Iceland Before Possible U.S. Tax Crackdown

May 17, 2023 / no comments

The Biden administration is seeking to impose a big levy on crypto miners.

As Oil Giants Retreat Globally, Smaller Players Rush In

May 17, 2023 / no comments

Energy companies such as BP, TotalEnergies and Chevron are shifting to cleaner projects, creating an opening for independent and private companies to buy up their operations or push ahead with exploration.

Deutsche Bank to Pay $75 Million to Settle Epstein Accusers’ Suit

May 17, 2023 / no comments

A civil complaint alleged the financial institution facilitated disgraced financier Jeffrey Epstein’s sex-trafficking ring.

Deutsche Bank Will Pay $75 Million to Victims of Jeffrey Epstein

May 17, 2023 / no comments

A proposed court settlement closes another chapter in the German bank’s relationship with the disgraced financier, which began in 2013 and continued up until late 2018.

An Automaker Has a Stark Warning for the U.K. Car Industry

May 17, 2023 / no comments

Stellantis said post-Brexit export rules and the lack of a domestic battery manufacturer could force it to close its plants in Britain.

For Executives Only, CEOs Amass Billions in Savings With ‘Top Hat’ Plans

May 17, 2023 / no comments

The top five executives at 500 large publicly traded companies held a combined $8.9 billion in the plans, according to two nonprofits.

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