FINANCE
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Illinois joins Ohio in ordering pause on data center tax credits
Governor JB Pritzker issued an order pausing state tax incentives for data centers in Illinois after the state legislature stalled his plan…
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SpaceX reveals its share price and record valuation: $135 a share, at a $1.77 trillion valuation
It’s official: SpaceX is on track to be the largest IPO in history, seeking to raise $75 billion once it…
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Berkshire Hathaway to buy Taylor Morrison for $6.8 billion
The offer of $72.50 per common share represents a 24% premium to the home builder’s latest closing price on Friday.…
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The EEOC chair knows gutting diversity reporting will blind the agency to discrimination. She’s doing it anyway.
On April 22, Andrea Lucas, chair of the Equal Employment Opportunity Commission (EEOC), addressed a group of academics, legal experts,…
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As the U.S. and Europe pull back from global climate aid, can Asian funders fill the gap?
Shaun Seow, who heads the Philanthropy Asia Alliance (PAA), has a theory on why the new generation of Asian philanthropists…
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Grab CTO Suthen Paradatheth on how using his competitors’ robots ‘keeps us on our toes’
On May 20, Grab announced that one of its robots, named Carri, will start deliveries in Singapore’s Punggol district, the…
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Google’s I/O conference showed how the company is being completely rebuilt for AI
Former Google CEO Eric Schmidt’s AI talk at a university commencement speech this weekend drew a chorus of boos. But…
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U.S. allows Russia oil sales waiver to expire despite tight market
The Trump administration allowed a waiver that encouraged more Russian crude sales to lapse, even as the Iran war stokes…
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Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren’s ‘sock puppet’ criticism
The Senate confirmed President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world’s most…
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Markets dip as US-Iran ceasefire goes nowhere, leaving Trump with a military option to reopen Hormuz
Hopes for a peace deal with Iran waned on Sunday, raising the risk that the global energy crisis will drag…
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