Nine states have passed laws addressing organized retail crime and Congress is considering federal action. Experts say the new laws may not reduce crime.
Nvidia’s AI-driven stock surge pushed earnings multiple three times higher than Tesla’s
Nvidia’s graphics chips have proven to be the best for training artificial intelligence models, and clients can’t get enough of them.
‘Bulletproof’ hosting site that allegedly enabled 400 ransomware attacks seized, founder indicted
Prosecutors hit Polish national Artur Karol Grabowski with criminal charges over hosting LolekHosted, which allegedly helped criminals deploy ransomware.
U.S., China agree to double weekly flights between countries
The U.S. and China will approve twice the number of passenger flights currently permitted for air carriers to fly between the two countries, the Biden administration said on Friday.
U.S. judge sends FTX’s Sam Bankman-Fried to jail over witness tampering
Sam Bankman-Fried heads to jail after a judge sided with a request by federal prosecutors to revoke the FTX founder’s bail over alleged witness tampering.
UBS ends Credit Suisse’s government and central bank protections
UBS’ takeover of Credit Suisse was brokered in March, amid talks with the Swiss government, the Swiss National Bank and regulator FINMA.
Goldman Sachs-backed digital bank Starling to expand in hotly competitive Asia-Pacific market
Starling, which is backed by Goldman Sachs, is in talks with an Asian bank about launching its Engine banking-as-a-service platform in the Asia-Pacific market.
What Biden’s executive order means for U.S. investors in China
The Biden administration’s long-awaited executive order on U.S. investments in Chinese companies leaves open plenty of questions on how it will be implemented.
Singapore narrows 2023 growth forecast on ‘weak’ external demand
The growth forecast was trimmed to between 0.5% to 1.5%, from an earlier range estimate of 0.5% to 2.5%, the Ministry of Trade and Industry on Friday.
Here are 7 beaten-up global stocks that analysts expect to double
The stocks are expected to rise by more than 100% over the next 12 months despite negative returns so far this year for secular reasons.