Founder of Collapsed Singaporean Oil Trading Firm Convicted
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Even a Fraud Conviction Won't Keep Nikola's Founder Away From the Company
Nikola, the embattled hydrogen-truck maker, wants to put convicted founder Trevor Milton in the rearview mirror. Milton has had other plans.The Wall Street Journal - World -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Zelensky Signs Law Allowing Convicts to Fight for Ukraine
The tactic echoes one that Russia has used and Ukraine has ridiculed in the past.The New York Times - World - Ukraine -
A Trump Conviction Doesn’t Hang on Michael Cohen
As provocative as the testimony has been, this case may turn on something a great deal more mundane.The New York Times - Top stories - Donald Trump -
TikToker's claim that ethnically Chinese Singaporeans dislike being called Chinese sparks debate
Yahoo News - World - China -
Niger’s first oil exports
The west African country is on the verge of becoming a regional oil majorFinancial Times - World -
China Is Not Just Another Trading Partner
‘I support free global trade except with countries that cheat and steal and use slave labor.’The Wall Street Journal - World - China -
Cuba laments collapse of iconic sugar industry
For centuries, sugar was the mainstay of Cuba's economy. Now the industry is in rapid decline.BBC News - Top stories -
Water firm 'fallen short' on parasite outbreak
Susan Davy says South West Water will "not stop working until the situation has been resolved".BBC News - Top stories -
Water firm criticised over 'scary' outbreak
A caretaker from Brixham says it is "probably the worst ailment" he has had in his adult life.BBC News - Top stories -
Water firm's response to outbreak contemptible - MP
South West Water says some 16,000 homes and firms are affected but it is clearing the contamination.BBC News - Top stories -
Chinese Firms Face Authoritarianism at Home and Hostility Abroad
The experience of TikTok’s owner, ByteDance, in Beijing and Washington shows how much the ground has shifted for China’s entrepreneurs.The New York Times - Business -
Wildfires rage in Canada’s oil hub
Blazes put more than 2mn barrels a day of supply at risk amid geopolitical tensions in Middle East and RussiaFinancial Times - World -
Didi co-founder steps down as president
Jean Liu had lowered her profile after Beijing crackdownFinancial Times - World -
Trial to Begin for Ozy Founder Carlos Watson
Mr. Watson’s lawyer has argued that many other media leaders lured investors with “puffing and bluffing,” and that Mr. Watson is being singled out because he is Black.The New York Times - Business -
Texas governor pardons Daniel Perry, convicted of killing protester in 2020
Texas Gov. Greg Abbott issued his pardon after the unanimous recommendation by the state's Board of Pardons and Paroles.CBS News - Top stories -
A man is convicted in Malawi over a TikTok video showing a caricature of the president dancing
A man in Malawi has been convicted of insulting President Lazarus Chakwera after posting a TikTok video that shows an animated figure with Chakwera’s face superimposed on it doing some wacky dance movesABC News - World - Tiktok -
A Trump Conviction Depends on Proving More Than a Hush-Money Coverup
The prosecution’s case hangs on an alleged second crime that hasn’t yet been spelled out for the jury.The Wall Street Journal - World - Donald Trump -
Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
'Pax Economica' Review: When Free Trade Was Progressive
Early opponents of trade tariffs wanted economic policy to back a radical vision for world peace.The Wall Street Journal - World -
Biden and Trump trade jabs on trail on the campaign trail
President Biden and former President Trump delivered major speeches looking to rally their bases with less than six months to go until election day. NBC’s Hallie Jackson reports for TODAY.NBC News - Politics - Joe Biden -
Trump attorney says Cohen ‘completely collapsed’ on stand in hush money case
An attorney for former President Trump suggested on Sunday the former president’s defense team no longer needs to question Michael Cohen’s testimony after he “completely collapsed” on the stand last week. Cohen, Trump’s onetime fixer and attorney, ...The Hill - Politics - Donald Trump -
Auditors failed to raise alarm before 75% of UK corporate collapses
Three in four audit reports did not provide alerts that companies risked going bankrupt, think-tank findsFinancial Times - Business - United Kingdom -
Ship that caused Baltimore bridge collapse refloated, moving toward port
The Dali ship, which caused the Baltimore Francis Scott Key Bridge collapse two months ago, was successfully refloated Monday morning and was moving toward the Baltimore port. The Dali appeared to begin moving shortly after 6 a.m., the Associated ...The Hill - Politics -
Cargo ship to be refloated nearly two months after Baltimore bridge collapse
A major operation is underway to refloat the Dali cargo ship that crashed into a Baltimore bridge and move it away from the wreckage site. The ship crashed into the Francis Scott Key Bridge nearly two months ago.CBS News - Top stories -
WATCH: Cargo ship is removed 8 weeks after Baltimore bridge collapse
The container ship that caused the collapse of Baltimore's Francis Scott Key Bridge was removed from the city’s harbor nearly eight weeks after the crash.NBC News - Top stories -
Law firms probe best ways to win a head start on using AI
Legal innovators in the Asia-Pacific region are racing to show how they will adapt to the latest techFinancial Times - World -
Grand Theft Auto maker firms up GTA 6 release date
The latest instalment of the hugely popular series will be released in autumn 2025, its publisher says.BBC News - Top stories -
UK engineering firm Arup falls victim to £20m deepfake scam
Hong Kong employee was duped into sending cash to criminals by AI-generated video call. Business live – latest updatesThe British engineering company Arup has confirmed it was the victim of a deepfake fraud after an employee was duped into sending ...The Guardian - World - United Kingdom -
Post-Brexit border checks forecast to cost UK £4.7bn, says NAO
Watchdog says says repeated delays have caused unnecessary costs and strategy lacks a ‘clear timetable’. The government expects to have spent at least £4.7bn on introducing post-Brexit border controls, which have been repeatedly hit by delays, the ...The Guardian - World - United Kingdom -
Half of venture firms will ‘fade or fail,’ prominent VC forecasts
As many as half the venture-capital firms will fade or fail, says a prominent player in that space.MarketWatch - Business -
Why US law firms outgun City rivals in battle over pay
Rates for newly qualified lawyers have become a proxy for firm qualityFinancial Times - Business -
Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto -
Oil Prices Rise But Stay Stuck in Narrow Range
Oil futures edged higher with the market awaiting OPEC’s next move, with three possible scenarios for the June 1 meeting—extend, unwind or completely remove the voluntary cuts of 2.2 million barrels a day.The Wall Street Journal - World -
How Zola's Co-founder Learned the Importance of Setting Clear Expectations
Growth requires accountability.Inc. - Business -
How Zola's Co-founder Led the Startup During Its Earliest Days
Shan-Lyn Ma focused on what was right in front of her, rather than the long term.Inc. - Business -
Want More Customers? High-Growth Founders Balance These 2 Strategies
In the Inc. 5000 Community's May kick-off call, all-star entrepreneurs offered their best advice on customer acquisition -- and it landed squarely in two simple but essential categories.Inc. - Business -
Why Levain Bakery's Co-Founders Let Their Company Rise Slowly
The women behind America's favorite cookie, Pam Weekes and Connie McDonald, have a different view of scaling.Inc. - Business