In a landmark case, she ruled in 2006 that cigarette companies had been deceiving the public about the health hazards of smoking, violating racketeering laws.

Beijing is emerging as a new heavyweight in providing emergency funds to debt-ridden countries, catching up to the I.M.F. as a lender of last resort.

Shawn Fain, who ousted the incumbent president, is presiding over a convention to chart the union?s approach in contract talks this year.

While the terms of the deal are limited, the agreement appears to provide a model for resolving recent trade spats between the United States and some of its closest allies.

China has long pursued growth by public spending, even after the payoff has faded. Cities stuck with the bill are still spending ? and cutting essential services.

After giving up the chief executive?s job (again), Mr. Schultz still casts a long shadow over Starbucks? policy, not least in fighting unionization.

Since January 2017, OSHA has cited the company for 111 instances of workplace safety violations and imposed more than $15.5 million in penalties.

Lapses at the bank will be a focus as a top Federal Reserve official testifies to House and Senate committees this week.

Turmoil at Chief, a women?s networking organization, raises a long-simmering question: Is amassing power for corporate women a worthy goal in itself?

Artificial intelligence is confronting white-collar professionals more directly than ever. It could make them more productive ? or obsolete.

Long overshadowed by other royal look-alikes, Charles imitators are experiencing newfound popularity ahead of the king?s coronation in May.

Three top officials will testify in Congress about the turmoil caused by the collapse of Silicon Valley Bank, and their role in it.

The major restructuring, a possible precursor to I.P.O.s, was announced after Jack Ma, its founder, returned to mainland China after a yearlong absence.

Regulators can protect deposits over $250,000 if they determine that a bank?s failure pose a systemic risk, but some lawmakers have pushed for more sweeping coverage.

Federal prosecutors said the FTX founder had instructed employees to pay $40 million to Chinese officials to help unfreeze accounts maintained by FTX?s sister company, Alameda Research.

Hospitalizations for pediatric suicidal behavior increased by 163 percent over an 11-year period, an analysis of millions of hospital admissions in the United States found.

The Food and Drug Administration is expected this week to allow the overdose-reversal medication to be sold without a prescription, a step toward making it a common emergency tool.

After lawmakers grilled TikTok?s chief executive last week, the app?s users argued that the platform should not be banned in the United States over national security concerns.

One Federal Reserve official has suggested the trouble that Silicon Valley Bank touched off makes a recession more likely.

The raids were part of a widening investigation spanning four continents and involving dozens of banks in an alleged scheme to avoid paying taxes.

A statement from two Democrats called the Biden administration?s deal ?unacceptable,? saying it should have been made available to Congress and the public for review.

Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks? management.

A jewelry heist in her Manhattan home spurred her to start one of America?s premier collections of contemporary art, shown for years in a converted factory in Queens.

Officials blamed executives at Silicon Valley Bank for its failure on March 10, while adding that Federal Reserve oversight is in for a revamp.

Sergio Ermotti, who left in 2020, will rejoin UBS as it absorbs Credit Suisse, which faces new accusations that it violated a tax evasion plea agreement.

Activision Blizzard and NetEase could not agree on a new deal to distribute video games in China, cutting millions of players from the games in January.

Ukraine?s iron- and steel-producing factories have made body armor, helmets and armored plates for vehicles ? and steelworkers risked their lives rolling out heavy machinery at the beginning of the war to help physically block the Russian advance.

Tony Spring, who runs Bloomingdale?s, will replace Jeff Gennette as chief executive in February. Mr. Gennette has led the chain since 2017.

Sergio Ermotti helped the bank recover after the 2008 financial crisis, but faces a tougher task this time.

The nasal spray reverses opioid overdoses and public health officials hope that making it more widely available could save lives and reduce the nation?s high rates of drug fatalities.

The network used to be a safe space for the former president. But Brian Kilmeade, Jason Chaffetz and others had tough words for his appearance on ?Hannity,? his first Fox interview in months.

The German sportswear company challenged the trademark application on Monday, saying it was ?confusingly similar? to its three-stripe logo. Within 48 hours, it reversed course.

The International Olympic Committee was already struggling to find hosts for the Winter Games. Sapporo?s flailing 2030 bid?has added another headache.

He cultivated powerful allies and built an empire in China. Then, fleeing charges, he turned his charms on America. Now the law has caught up with him.

Ike Perlmutter, the chairman of Marvel Entertainment who?s had a volatile tenure at Disney, was among the latest round of job cuts at the entertainment giant.

Prosecutors this week charged Mr. Bankman-Fried with orchestrating a $40 million bribe to Chinese officials to unfreeze funds held by his trading firm, Alameda Research.

The bumper payouts earlier in the pandemic have waned, as banks cut costs and worries about financial stability loom over markets.

The tax preparation industry is alarmed over the prospect that the Internal Revenue Service will devise its own free tax-filing system.

The proposals, which would not require congressional approval, are a response to Silicon Valley Bank?s failure this month, which sent shocks through the financial system.

The infusion of money from interests in the two Persian Gulf monarchies reflects the close ties to Middle Eastern countries established by Jared Kushner, former President Donald Trump?s son-in-law.

Mr. Musk requested a meeting with Lina Khan, the chair of the F.T.C., which has been investigating Twitter?s privacy and data practices.

The news of the indictment of former President Trump immediately took over cable news channels and the country?s main broadcast networks on Thursday.

Mr. Trump tried rallying his base as the expected indictment drew near.

My friend and former colleague Graham Pyatt, who has died aged 86, was a founding member of the department of economics at the University or Warwick, having been appointed professor of mathematical economics there at the age of 28.While at Warwick he was influential in the creation of several degree programmes, was also a consultant to the accounting firm Coopers and Lybrand (1968-74), and was responsible for the early BBC Election Night computer predictions (1968-74), presenting cameo insights into the results, on-screen, alongside the political scientist David Butler. Continue reading...

The move, part of a cost-cutting campaign, followed Mr. Perlmutter?s unsuccessful effort to shake up Disney?s board.

Shares in First Citizens Bank surge 45% as it agrees to buy much of Silicon Valley Bank, while Saudi National Bank?s Ammar Alkhudairy resignsIMF chief warns global financial stability at risk from banking turmoilHappy news: German business morale has risen unexpectedly this month.The Ifo institute said its business climate index stood at 93.3 following a reading of 91.1 in February; analysts polled by Reuters had predicted a reading of 91.0.?It?s just the ebb and flow of banking related concerns as the market tries to determine how concerned it should be as regards the recent stresses.? Continue reading...

ByteDance, the Chinese company behind TikTok, is trying to woo popular social media creators to Lemon8 before it is officially introduced this year.

Asked if he could have anticipated the collapse of the Silicon Valley Bank, the Bank of England governor said it was probably the fastest collapse of a bank he had seen in his three-decade long career. 'It is probably the fastest passage from health to death since Barings,' said Andrew Bailey, speaking before a Treasury select committee on Tuesday. Comparing the collapse of Silicon Valley Bank to Barings, which went under in 1993, Bailey added: 'Barings, as you will remember, was a sort of Friday to Sunday thing and this was pretty similar'Business live ? latest updatesSilicon Valley Bank collapse was fastest since Barings, says BoE governor Continue reading...

Google?s Bard chatbot fared far worse than OpenAI?s ChatGPT, but human assistants might soon be out of their jobs.

Prices rise fastest for eggs, milk and cheese amid shortages of salad and other items Supermarket price inflation in the UK has hit another record high, raising the increase in average annual household bills to ?837, as shoppers increasingly turn to multiple supermarkets to hunt for bargains.Year-on-year price increases for groceries hit an all-time high of 17.5% in the four weeks to 19 March compared with a year earlier, according to the latest figures from the data firm Kantar. The prices of eggs, milk and cheese are rising at the fastest pace. The latest price rises mean an average annual household bill for groceries is ?5,617, Kantar said. Continue reading...

Howard Schultz faced rancor from Senate Democrats at a hearing where he chafed at ?propaganda that is floating around? about company labor practices.

Treasury committee holds hearing on the sudden collapse of Silicon Valley Bank this monthSilicon Valley Bank collapse was fastest since Barings, says BoE governorIn the City, the FTSE 100 share index has gained 0.5% in early trading, as fears over the banking sector continue to ease.The index of blue-chip shares has gained 38 points to 7510 points, the highest since last Thursday, before jitters over Deutsche Bank triggered Friday?s selloff.Morrisons saw a welcome return to growth with sales rising by 0.1%, giving it an 8.8% market share. Waitrose also had a positive period, pushing up sales by 2.1% to deliver the fastest rate of growth for the John Lewis Partnership owned supermarket since September 2021.Asda?s sales increased by 7.3%, just ahead of both Tesco and Sainsbury?s on 6.9%. Tesco remains Britain?s largest grocer with a 26.9% share of the market, while Sainsbury?s is on 14.8% and Asda 14.3%. Continue reading...

Many sites get at least half their traffic from search engines. Fuller results generated by new chatbots could mean far fewer visitors.

This blog is now closed.Asio to take over issuing high-level security clearances due to ?unprecedented? espionage threatGet our morning and afternoon news emails, free app or daily news podcastSorry ? I am told by a couple of senators that it was ?technically? 4.13am.So expect to see a few bleary-eyed senators in the coffee lines this morning. Continue reading...

New Labor Department numbers indicate that fewer Americans worked remotely last year. But many experts criticize the government?s data collection.

Push to block platform reflects rising distrust of China and limited understanding of tech worldThe spectacle of the US Congress grilling TikTok CEO Shou Zi Chew on 23 March could one day be remembered as a turning point in the history of globalisation. Over five hours of aggressive questioning, Chew ? who is not Chinese, but Singaporean ? did a magnificent job of defending his company?s Chinese ownership in the face of Congress?s limited understanding of the tech world.The Biden administration views TikTok as a potential national-security threat and wants its Chinese-owned parent company, ByteDance, to sell the platform to a US-owned company or face a possible ban. Chew, however, proposes that ByteDance retain its majority ownership of TikTok but have its US operations run entirely by the Texas-based tech giant Oracle, which would store all US user data on its servers and monitor how TikTok?s algorithms recommend content. Meanwhile, the Chinese government has said that it would oppose a forced sale. Continue reading...

The Florida governor?s new Disney World oversight board belatedly realized that the company had quietly sidestepped its control.

Outgoing boss David Malpass says more money needed to combat overlapping crises of war, pandemics and climate emergencyA dramatic increase in financial help is needed to help poor countries meet the $2.4tn (?1.9tn) annual cost of coping with the combined impact of wars, pandemics and the climate crisis, the outgoing head of the World Bank has said.Speaking in Niger, David Malpass defended his record for funding support for developing countries since becoming president of the Washington-based organisation and said further increases would probably be announced at the Bank?s spring meeting next month. Continue reading...

The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.

Economist predict Spain?s inflation will keep falling, after a drop in energy prices this month eased the cost of living crisisFour bankers who helped a close friend of Vladimir Putin move millions of francs through Swiss bank accounts have been convicted of lacking diligence in financial transactions.Reuters has the details, from Zurich:The four were found guilty on Thursday of helping Sergey Roldugin, a concert cellist who has been dubbed ?Putin?s wallet? by the Swiss government.The executives - three Russians and one Swiss - helped Roldugin, who is godfather to Putin?s eldest daughter Maria, deposit millions of francs in Swiss bank accounts between 2014 and 2016. Continue reading...

In the Middle East, artificial intelligence and other emerging technologies have become part of everyday policing.

Unions have condemned clauses in deal that will allow large firms to sue UK government behind closed doorsBritain has joined the 11-member strong Asia-Pacific trade bloc that includes Japan and Australia after nearly two years of negotiations.The deal, part of a push to agree worldwide trade deals after Brexit, secures access for British exporters to 500 million people in the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Continue reading...