PlayStation CEO Jim Ryan leaves staff fuming after email on abortion rights turns into speech about his cats
Employees at several PlayStation studios expressed their displeasure at the tone of the email from president Jim Ryan. Read More Source link
Powell says ‘geopolitical events’ outside the Fed’s control could jeopardize a ‘soft landing’ for the U.S. economy
The Federal Reserve has pointed to Russia’s invasion of Ukraine and China’s COVID-zero policy as inflationary events. Read More Source link
TikTok sued after 10-year-old dies in ‘blackout challenge’
The girl’s family said the dangerous dare “was thrust in front” of the girl by TikTok on her “for you” page. Read More Source link
Russia is stealing Ukraine’s grain and trying to sell it to other countries
Ukraine is unable to ship its grain to global markets because of a Russian blockade, but that isn’t stopping Russian ships from selling it themselves. Read More Source link
Twitter to freeze hiring, rescind offers ahead of Musk $44 billion takeover deal
Twitter CEO Parag Agrawal announced a hiring freeze and cutting costs on travel, consulting and marketing on Thursday. Read More Source link
House panel subpoenas McCarthy, four other GOP lawmakers over January 6 insurrection
House Republican leader Kevin McCarthy and four other GOP lawmakers spoke with then-President Donald Trump on the day of the attack. Read More Source link
Elon Musk seeks to scrap Tesla margin loan with new Twitter funding
It would also alleviate pressure on Tesla’s stock, which is the cornerstone of Musk’s $216 billion fortune. Read More Source link
Senate confirms Jerome Powell for second term as Fed fights inflation
Powell faces the task of curbing the highest inflation in four decades without weakening the U.S. economy. Read More Source link
Crypto billionaire Sam Bankman-Fried just became the third largest Robinhood shareholder and the stock jumped 26%
The CEO of cryptocurrency exchange FTX has acquired over 56 million shares of the company, an SEC filing shows. Read More Source link
Crypto contagion? What Terra’s ‘Lehman Brothers’ moment means for markets
The cryptocurrency market took a massive hit this week, but whether or not there’s a real risk of contagion for financial markets is up for debate. Read More Source link