Category: Business

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Credit Suisse Shareholders Feel Betrayed by UBS Deal

Top executives at the bank’s final shareholder meeting apologized for the lender’s collapse and forced sale to UBS, while investors spoke of betrayal.  » mehr lesen

Moderate Drinking Has No Health Benefits, Analysis of Decades of Research Finds

The review found that the methodology of many previous studies was flawed and that risk of myriad health problems increased significantly after less than two drinks a day for women and after...

TikTok Is Fined $15.9 Million Over Misusing Kids’ Data in Britain

The video-sharing app inappropriately allowed access by more than one million underage children in the United Kingdom in 2020, regulators said.  » mehr lesen

Aesop, the Cult-Favorite Skin Care Brand, Will Be Acquired by L’Oréal

L’Oréal, the French cosmetics giant, said it would help Aesop, an Australian luxury brand with a cult following, expand in China.  » mehr lesen

Job Openings Fell in February, JOLTS Report Shows

The U.S. job market continues to ease off its red-hot pace, a government report shows, but there are still more openings than unemployed workers.  » mehr lesen

For the Producers Raphael Saadiq and Steve Lacy, Collaboration Is Key

Though from different generations, the two share a belief in musicianship and the power of a band.  » mehr lesen

China Strikes Back at U.S. Chip Maker Even as It Signals Openness

Beijing’s security review of Micron Technology, which has deep roots in China, could have wide-ranging ramifications for other foreign businesses.  » mehr lesen

Jamie Dimon’s Letter to JPMorgan Investors Warns of Banking Crisis ‘Repercussions’

In his annual letter to shareholders, the chief executive of JPMorgan Chase said regulations were partly to blame for the turmoil, although the economy remained in “pretty good” shape.  » mehr lesen

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