Category: Business

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Amazon Union Prevails in Ruling on Warehouse Access for Organizing

Federal labor regulators said that Amazon had illegally barred off-duty employees from work sites and that the policy was aimed at union backers.  » mehr lesen

Short Seller Accuses Jack Dorsey’s Block of Facilitating Fraud

Shares of the financial tech company plunged after Hindenburg Research said it had failed to stamp out illegal activity on its platforms, including drug sales and sex trafficking.  » mehr lesen

Chatbot Start-Up Character.AI Valued at $1 Billion in New Funding Round

Founded by ex-Google employees, the Silicon Valley company is among the few start-ups poised to compete with OpenAI, the creator of ChatGPT.  » mehr lesen

Relativity Space’s 3-D Printed Rocket Fails Just After Launch

Relativity Space, a private company with ambitions for sending people to Mars, made it off the launchpad, but the vehicle experienced problems during the second stage of its flight.  » mehr lesen

Bank of England Raises Rates to 4.25% as Inflation Persists

Policymakers approved a quarter-point increase, to 4.25 percent, while affirming that British banks were “resilient.”  » mehr lesen

What to Know About Today’s Congressional Hearing on TikTok

The Chinese-owned video app has become a battleground as the U.S. and China duel for tech leadership.  » mehr lesen

Investors Try to Parse Powell and Yellen’s Next Moves on Banks

Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.  » mehr lesen

Double-Barreled Economic Threat Puts Congress on Edge

Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.  » mehr lesen

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