Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.
Category: Regulation and Deregulation of Industry
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Xi Jinping Quit Smoking. China Still Cannot.
China’s tobacco monopoly has become so financially vital to the government that even its powerful leader has failed to curb the country’s smoking habit.
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The Vatican Takes on Silicon Valley With an A.I. Warning
Pope Leo XIV’s encyclical on artificial intelligence puts technology giants on notice. But will it slow down the A.I. race?
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UK Institute Is Hunting for Dangers Lurking in AI
The government’s A.I. Security Institute, staffed by alumni from OpenAI and Google, is becoming a model for countries grappling with A.I.’s emerging risks.
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With Deals Booming and Regulations Lightened, Bankers Are Back on Top
They played second fiddle to private equity and hedge funds for years, but 2026 is shaping up to be “the year of the bank,” one consultant said.
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With Deals Booming and Regulations Lightened, Bankers Are Back on Top
They played second fiddle to private equity and hedge funds for years, but 2026 is shaping up to be “the year of the bank,” one consultant said.
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Trump Plans to Sign Executive Order Granting Oversight of A.I. Models
The executive order, which would signal a shift from the hands-off approach the White House previously took, follows debates over how to gain control over A.I. models without disrupting innovation.
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Trump Approved an Nvidia Chip for Sale in China. Beijing Doesn’t Want It.
The U.S. tech giant’s powerful H200 chip seemed poised to boost Beijing’s A.I. ambitions, but not a single one has been purchased in China.
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TSA Pushes to Expand Private Security at Airport Checkpoints
Driven in part by the chaos of the last shutdown, the government is expanding efforts to use private security staff instead of federal employees at more airports.
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Rising Energy Costs and Data Centers at Heart of NextEra’s Dominion Bid
NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power from utilities.
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China Wants A.I. to Flourish, but Not at the Expense of Jobs
A series of precedent-setting rulings signals that Chinese courts are being enlisted to shield workers from displacement by artificial intelligence.
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Tesla’s Semi Truck could Jolt the Trucking Industry
California truckers have expressed strong interest in the Tesla Semi because it costs much less and can travel further on a charge than electric trucks sold by established manufacturers.