California Insurers’ Inability to Price Risk Is Causing Headaches
California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate
2023-06-07 04:29
Reddit to Cut 5% of Staff, Trim Hiring Amid Restructuring
Reddit Inc. is cutting its workforce by about 5% and reducing its hiring plans, as the startup refocuses
2023-06-07 04:27
Crypto Markets Carry On After SEC Clampdown on Largest Exchanges
Cryptocurrency advocates appear to be talking in stride the US Securities and Exchange Commission’s widening crackdown on the
2023-06-07 01:48
ChatGPT Maker OpenAI Is Staying Private So It Can Make ‘Strange’ Decisions
OpenAI Inc. Chief Executive Officer Sam Altman said he’s not interested in taking the artificial intelligence startup public
2023-06-06 22:49
Coinbase Sued by SEC for Breaking US Securities Rules
The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging
2023-06-06 21:19
Reddit on New Pricing Plan: Company ‘Needs to Be Fairly Paid’
A number of Reddit forums plan to go dark for two days later this month to protest the
2023-06-06 19:23
Apple Catalyst Sought After Drab Headset Reaction
The stock market’s cool response to the launch of Apple Inc.’s mixed-reality headset left investors pondering what will
2023-06-06 19:17
London Dry Spell Tops Three Weeks, Longest Since Last Year’s Heat Wave
London hasn’t seen rain in 22 days, close to breaking the previous longest stretch from last July when
2023-06-06 17:22
South Africa Seeks Water Investment With New Procurement Office
South Africa is setting up an office to facilitate private investment in the water industry in a bid
2023-06-06 16:57
TSMC Tempers Capex Outlook to $32 Billion as Chip Demand Weakens
Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc.
2023-06-06 13:55
EQT-Backed Cloud Startup Seeks €3 Billion to Challenge Amazon
A Swedish startup backed by the venture arm of EQT AB wants to chip away at the dominance
2023-06-06 13:52
US Treasuries Blacklisted by German State as ESG Law Takes Hold
For an illustration of how wildly different the debate around ESG is in Europe and the US, look
2023-06-06 12:26