The landmark legislation, known as the Clarity Act, stalled in the Senate as Democrats raised concerns about President Trump’s personal investments in crypto.
Category: Corporations
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Senate Votes to Block Crypto Bill in Major Blow to the Industry
The New York Times – Business: -
Why Labor’s Share of Wealth Is Shrinking
The New York Times – On the Runway:Workers’ share of our national income is declining rapidly but we’re not sure why.
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Dr. Dre and Jimmy Iovine Think A.I. Is Good for Music
The New York Times – Business:The hit-making duo turned tech moguls also have thoughts about why corporate America isn’t collaborative enough.
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Why So Many C.E.O.s Are Getting a Chief of Staff
The New York Times – Business:The position as a trusted sounding board is in high demand as business gets more complex — and everyone wants to get in on the latest bureaucratic fad.
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Why State Ownership of A.I. Is a Bad Idea
The New York Times – On the Runway:Taking stakes in A.I. companies would not increase the government’s powers to control those companies. The opposite is more likely.
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Federal Energy Regulator Seeks to Limit Conflicts Over Data Centers
The New York Times – Business:The Federal Energy Regulatory Commission directed grid managers to make changes that protect individuals from higher electricity bills while giving data centers access to power faster.
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SpaceX’s Unconventional Corporate Arrangements Favor Elon Musk
The New York Times – Business:The ways it set up its board and Mr. Musk’s pay appear to benefit him at the expense of other shareholders, corporate governance experts said.
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Elon Musk and Other CEOs on Trump’s Trip to China Sought Relief
The New York Times – Business:Elon Musk and other powerful executives who accompanied President Trump to China are hoping to clear roadblocks put up by Beijing.
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Why Some People Are Allergic to ‘Peanut Butter Raises’
The New York Times – Business:The beloved spread has become a metaphor for things that are less than delicious.
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Secret Recordings, Hidden Shares and a Family Rift at South Korea’s LG
The New York Times – Business:An inheritance dispute over the former chairman’s estate has prompted a criminal complaint over how the dynastic chaebol family behind LG divides its assets.
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Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down
The New York Times – Business:Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.