Technology Companies Are Cutting Jobs and Wall Street Likes It
The sector is laying off workers after a hiring boom during the pandemic and their share prices are soaring.
What Evergrande’s Collapse Might Mean for the Global Economy
The long-embattled property developer was finally ordered to liquidate. What comes next will test Western companies’ appetite to keep operating in China.
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Lina Khan’s FTC Takes On AI Deals like Microsoft-OpenAI
The agency is concerned that transactions including Microsoft’s $13 billion investment in OpenAI could hinder competition and innovation.
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Tesla Shares Tumble As Growth Stalls
Shares in Elon Musk’s electric vehicle maker fell sharply after the company delivered lackluster quarterly results and declined to give full-year guidance.