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PG&E Seeks Approval to Sell Stake in Its Power Operations
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Grant Thornton will lay off about 350 U.S. employees as the accounting firm moves closer to selling a stake in its U.S. unit to a private-equity firm.
Grant Thornton will lay off about 350 U.S. employees as the accounting firm moves closer to selling a stake in its U.S. unit to a private-equity firm.The Wall Street Journal - World -
Chevron to sell off its remaining North Sea oil and gas fields
US company denies decision is linked to UK’s 35% windfall tax on North Sea producers. Chevron is preparing to call time on more than five decades in the North Sea with a plan to sell its remaining oil and gas fields in the ageing oil basin.. The ...The Guardian - World -
With its critical mineral strategy, Australia seeks to break free from China
Yahoo News - World - Australia -
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
About two-thirds of US companies are incorporated in the small, mid-Atlantic stateFinancial Times - Business - Elon Musk -
Air Force seeks its pound of flesh in Teixeira leaks case
The Air Force, instead of wasting resources to get their pound of flesh, should discharge Airman Teiexeira forthwith to DOJ’s waiting arms — to escort him to federal prison.The Hill - Politics -
Kosovo makes last-minute push to get its membership in Council of Europe approved in a Friday vote
Kosovo’s government is making a last-minute effort to convince Western powers to vote on whether to admit the country as a new member in the Council of Europe, the continent’s top human rights bodyABC News - World -
German council approves a revised plan by Tesla to expand its plant near Berlin
A local council in Germany has approved a plan by electric carmaker Tesla to expand the grounds of its first plant in Europe, a proposal which has drawn persistent protests this yearABC News - World - Germany -
German council approves a revised plan by Tesla to expand its plant near Berlin
Yahoo News - World - Germany -
HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Ping An last year had supported a shareholder motion to spin off HSBC's Asia business and establish fixed dividends. The motion was eventually defeated.CNBC - Business -
Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.
Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.The Wall Street Journal - World
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Trump Media Reports $770,000 in Revenue for First Quarter and Large Losses
The former president’s social media company reported taking in $770,000 in advertising revenue in the first quarter, sharply down from the year-earlier period.The New York Times - Business - Donald Trump -
Ivan F. Boesky, Rogue Trader in 1980s Wall Street Scandal, Dies at 87
An inspiration for the Gordon Gekko character in the movie “Wall Street,” he made a fortune from insider trading before his downfall brought a crashing end to a decade of greed.The New York Times - Business -
Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters
Russia has largely evaded attempts by the U.S. and Europe to keep it from profiting from its energy exports.The New York Times - Business - Russia -
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 -
Scarlett Johansson and OpenAI’s Trust Issues
The actress, who criticized the use of a soundalike voice for ChatGPT, is the latest to raise concerns about the artificial intelligence start-up’s practices.The New York Times - Business