The Biden administration seeks a threshold of about $55,000 in annual pay under which salaried workers must get overtime, up from $35,500.
Category: Regulation and Deregulation of Industry
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Bitcoin Jumps as Court Ruling Paves Way for Cryptocurrency E.T.F.
A federal appeals court ruled that the Securities and Exchange Commission had wrongfully denied Grayscale Investments’ application to create a cryptocurrency fund that sells on stock exchanges.
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She Rose From Poverty as China Prospered. Then It Made Her Poor Again.
Sun Junli is one of many small-business owners, the backbone of China’s economy, who lost everything to a change in government policy.
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Tech Chiefs to Gather in Washington Next Month on A.I. Regulations
The leaders of Google, OpenAI, Microsoft and others are meeting with lawmakers on Sept. 13 to kick off listening sessions that may shape A.I. rules in the United States.
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China’s Property Crisis Is Rippling Through the Economy
As a real estate meltdown ripples through the economy, small businesses and workers are owed hundreds of billions of dollars, and new projects have dried up.
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Thailand’s Marijuana Business Is Growing Despite Regulatory Risks
The country’s legal marijuana business — a rarity in Asia — is struggling with oversupply, illegal imports and regulatory ambiguity. Investors are piling in anyway.
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The U.S. Regulates Cars, Radio and TV. When Will It Regulate A.I.?
Congress has tended to be slow to respond to revolutionary technologies.
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Hawaiian Electric Was Warned of System Fragility Before Maui Wildfire
The utility knew it needed to upgrade its equipment but did not make changes that could have reduced risks of fires, energy experts said.
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Country Garden: Why Its Financial Crisis Poses a Risk to China
Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid bills.
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A.O.C. Thinks the U.S. Deserves Better Sunscreen
For years, American consumers have had to look abroad if they want the latest in sunscreen innovations. Some, including Rep. Alexandria Ocasio-Cortez, think it’s time to revisit F.D.A. approval procedures.
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Freight Railroads Seek Changes to Federal Safety Program Before Joining It
After the derailment in East Palestine, Ohio, the nation’s major freight railroads agreed to join a federal program for workers to report safety issues. But first, they want it to be overhauled.