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Snap Says It Will Miss Earnings Goals Because of Economic Challenges

Snap’s announcement comes amid a slowdown for tech start-ups, as venture capital funding has fallen and young companies have been cutting costs and laying off employees.  » mehr lesen

Google Maps Workers Say They Can’t Afford the Trip Back to the Office

The contract workers are resisting a plan to resume in-person work, citing health concerns and commuting costs.  » mehr lesen

Workers at an Activision studio vote to unionize, a first for the gaming industry.

The new union affects only a small group of workers — 28 quality-assurance workers at Activision’s Raven studio.  » mehr lesen

JPMorgan expects to make money from rising interest rates and bumpy markets.

Market volatility will increase revenue from trading, while borrowers will be shelling out more as rates rise, bank officials said.  » mehr lesen

Airbnb Shuts Down Its Business in China, Removing 150,000 Listings

The home rental service is the last remaining large U.S. internet business in China.  » mehr lesen

Stocks Rise After Their Brush With a Bear Market

The S&P 500 briefly entered bear market territory on Friday and pulled higher late in the day.  » mehr lesen

U.S. moves toward supplying Romania with a new style of nuclear plant.

The proposed deal, for a smaller and cheaper kind of nuclear plant, built by an American firm, could start a race to export small reactors.  » mehr lesen

HSBC Executive Comments Downplays Climate Change Risk

Stuart Kirk, the head of responsible investing for the bank’s asset management division, said the risks of climate change had been overblown. “Who cares if Miami is six meters underwater in 100...

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