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Striking Hollywood Writers Disrupt TV’s Major Ad Event

May 15, 2023 / no comments

Dozens of protesters greeted marketers as they entered the first major event of the upfronts, an annual showcase for advertisers in which media companies stage lavish gatherings to promote their lineups.

Former SVB CEO Becker Apologizes for Bank Collapse

May 15, 2023 / no comments

Greg Becker plans to tell a Senate committee on Tuesday that no bank could have survived the unprecedented deposit run that led to his institution’s failure in March.

Microsoft’s Activision Deal Goes Down to the Wire

May 15, 2023 / no comments

EU approval is an important win, but the U.K. ruling still a major roadblock.

I.R.S. Acknowledges Black Americans Face More Audit Scrutiny

May 15, 2023 / no comments

The commissioner, Daniel Werfel, said the agency was working to correct unfairness in the enforcement of the tax code.

Cyclone Mocha Leaves Thousands Homeless in Bangladesh and Myanmar

May 15, 2023 / no comments

There was less damage than predicted, but the Rohingya refugee camps on the coast of Bangladesh, where most live in simple shanties, were hit particularly hard.

San Francisco Fed Ties to S.V.B. Chief Attracts Scrutiny to Century-Old Setup

May 15, 2023 / no comments

As Greg Becker, the former C.E.O. of Silicon Valley Bank, prepares to testify before Congress, boards that oversee regional Federal Reserve branches are in the spotlight.

World Leaders Warily Watch U.S. Debt-Limit Standoff

May 15, 2023 / no comments

The impasse in Washington over raising the roughly $31.4 trillion borrowing limit is looming over a series of meetings of the Group of Seven advanced democracies this month.

Microsoft’s $75 Billion Activision Deal Cleared by EU

May 15, 2023 / no comments

The decision comes weeks after the U.K. regulator rejected the agreement, saying it would crimp competition in the country’s gaming market.

Exxon Mobil Settles Indonesians’ Long-Running Abuse Suit

May 15, 2023 / no comments

Agreement resolves 22-year-old case ahead of trial this month.

E.U. Approves Microsoft’s $69 Billion Deal for Activision

May 15, 2023 / no comments

The green light follows objections to the blockbuster deal by American and British regulators on the grounds that it would undercut competition.

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