Nappy Company Switches Production
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The FDIC's Campaign Against Fintech Companies
With no authorization from Congress, the bank regulator tries to suppress these innovative firms.The Wall Street Journal - World -
Why Companies Are Nervous About the Consumer
On earnings calls, dozens of corporate executives have cited a slowdown in spending to explain why sales are slipping.The New York Times - Business -
Chinese competition a ‘defining challenge’ for EU companies
European businesses in China say profits hit by weak demand and increasingly sophisticated local rivalsFinancial Times - World - European Union -
A Panorama of Design Products
A look at design-world events, products and people.The New York Times - Lifestyle -
Wood shows some companies may be better off private
An approach from a Dubai-based group should be welcome to long-suffering shareholders of the engineering companyFinancial Times - Business -
Florida's major power company prepares for this year's hurricanes by dealing with a fake one
Florida's largest power company is preparing for this year's hurricane season by pretending a major storm already hitABC News - Tech -
European companies in China are under pressure from slower growth, overcapacity
European companies are finding it harder to make money in China as growth slows and overcapacity pressures increase, according to an annual business survey.CNBC - Business - China -
Baidu executive leaves tech company after ‘I’m not your mum’ outburst
PR head at Chinese search group sparked backlash after posting social media videos demeaning staffFinancial Times - Business -
Fatburger parent company, chairman charged in alleged fraud scheme
Authorities charged Fatburger owner Fat Brands and Chairman Andy Wiederhorn of running a scheme that netted him $47 million in bogus loans from the company.NBC News - Top stories -
Sweetgreen shares soar 34% after company beats revenue expectations
Shares of the salad chain surged 34% Friday after the company's revenue beat analysts' expectations during its fiscal first quarter.CNBC - Business -
Sam Altman's nuclear energy company Oklo plunges 54% in NYSE debut
Sam Altman, best known as the CEO of OpenAI, is also chairman of a nuclear power company called Oklo, which has just gone public through a SPAC.CNBC - Business