BUSINESS

Bill Hwang, Whose Firm Archegos Collapsed in 2021, Is About to Go on Trial

The hedge fund is accused of borrowing money from banks to buy stocks.The hedge fund is accused of borrowing money from banks to buy stocks. Banking and Financial Institutions, Stocks and Bonds, Archegos Capital Management LLC, Hwang, Bill, Halligan, Patrick (Financial Executive), United States, Securities and Exchange Commission, Hedge Funds, Frauds and Swindling Read More

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TikTok’s Future in U.S. Depends on Bet on First Amendment

The popular video-sharing app faces uncertain odds as it takes its fight to court to turn back a potential ban in the United States.The popular video-sharing app faces uncertain odds as it takes its fight to court to turn back a potential ban in the United States. internal-storyline-no, TikTok (ByteDance), Beijing Bytedance Technology Co Ltd, China,

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Billions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds

The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world, according to a report from the Semiconductor Industry Association.The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world, according to a report from the Semiconductor Industry Association. Computer Chips, Factories

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Outage Causes Delays at U.K. Airports’ Immigration Checkpoints

Airport officials said that a system outage affecting the Border Force’s immigration gates was causing long waits for passengers arriving in Britain.Airport officials said that a system outage affecting the Border Force’s immigration gates was causing long waits for passengers arriving in Britain. Airports, Immigration and Emigration, Delays (Transportation), Airport Security, Gatwick Airport (London), Heathrow Airport

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Inquiry Finds a Toxic Culture at the F.D.I.C., and Takes Aim at Its Leader

Bad workplace behavior was pervasive at the bank regulator, according to an investigation that questioned whether things can improve without a change in leadership.Bad workplace behavior was pervasive at the bank regulator, according to an investigation that questioned whether things can improve without a change in leadership. Workplace Hazards and Violations, Sexual Harassment, Labor and Jobs,

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Senators Seek to Curb Facial Recognition at Airports, Citing Privacy Concerns

A bipartisan group of lawmakers is pushing to add language to the reauthorization of the Federal Aviation Administration that would halt expansion of the technology.A bipartisan group of lawmakers is pushing to add language to the reauthorization of the Federal Aviation Administration that would halt expansion of the technology. Facial Recognition Software, Airport Security, Privacy, Civil

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Sweetgreen Is Introducing Steak. What About Its Climate Goals?

The fast-casual chain aims to be climate neutral by 2027, but beef is a big contributor to climate change.The fast-casual chain aims to be climate neutral by 2027, but beef is a big contributor to climate change. Beef, Methane, Restaurants, Sweetgreen, Agriculture and Farming, Greenhouse Gas Emissions, Livestock Read More

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The Blackstone Fund BREIT Faces Big Questions

Wall Street has been debating how the investment giant’s $59 billion real estate fund has managed to outperform virtually all its rivals.Wall Street has been debating how the investment giant’s $59 billion real estate fund has managed to outperform virtually all its rivals. internal-storyline-no, Private Equity, Real Estate (Commercial), Blackstone Group, The Read More

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