Blogs

[ad_1] In May, Micron Technologies, the Idaho chipmaker, suffered a serious blow as part of the US-China technology war. The Chinese government barred companies that handle critical information from buying Micron\’s chips, saying the company had failed a cybersecurity review. Micron said the change could destroy roughly an eighth of its global revenue. Yet in […]

[ad_1] Like the striking writers, leaders of SAG-AFTRA, the actors\’ union, have described their labor dispute in stark terms, calling the present moment \”existential\” for their members. And like the writers, they have argued that this has rapidly approached a crisis because of how streaming entertainment has exploded over the last decade. “We\’re looking to

[ad_1] Michael S. Barr, the Federal Reserve\’s vice chair for supervision, announced on Monday that he would be pushing for significant changes to how America\’s largest banks were overseen in a bid to make them more resilient in times of trouble — partly by ratcheting up how much capital they have to get them through

[ad_1] PepsiCo, the beverage and snack maker, reported a big jump in quarterly profit on Thursday, despite signs that customers are buying fewer cans of soda and bags of chips as the company continues to raise prices aggressively. The maker of Gatorade, Lay\’s and Quaker Oats also raised its forecast for earnings for the rest

[ad_1] A dissident group within the Amazon Labor Union, the only certified union in the country representing Amazon employees, filed a complaint in federal court Monday seeking to force the union to hold a leadership election. The union win an election at a Staten Island warehouse with more than 8,000 employees in April 2022, but

[ad_1] It survived San Francisco\’s devastating 1906 earthquake, Prohibition and both world wars. But recent economic pressures proved too much for the oldest craft brewer in the country: After 127 years, Anchor Brewing Company is shutting down. In a statement released Wednesday, the company, founded in 1896, said that the impacts of the pandemic, inflation

[ad_1] The US unemployment rate is hovering near lows unseen since the 1960s. A few months ago, there were roughly two job openings for every unemployed person in the country. Many standard economic models suggest that almost everyone who wants a job has a job. Yet the broad group of Americans with records of imprisonment

[ad_1] Efforts to ease tensions between the United States and China through a series of diplomatic visits to Beijing could be undermined as the White House presses ahead with plans to impose new restrictions on American investments in Chinese companies involved in quantum computing, artificial intelligence and semiconductors. The looming restrictions were a central topic

[ad_1] Even with sheets of rain falling, the sprawling construction site was buzzing. Yellow and orange excavators slowly danced around a maze of muddy pits, swinging giant fistfuls of dirt as a chorus line of trucks traipsed across the landscape. This 50-acre plot in Oradea, Romania, close to the border with Hungary, beat out scores

[ad_1] A spokesperson for Mr. Iger said he was unavailable for an interview. In recent months, as Disney\’s troubles have increased, senior executives have privately pressed Mr. Iger to renew. In its statement on Wednesday, Disney took pains to point out that it was the board, not Mr. Iger, that pushed for an extension. Given