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A few weeks ago, I wrote a story about the anti-ESG movement in Texas’s foray into insurance. Soon after, I received a very thoughtful response from a declared ESG opponent taking issue with the idea that ESG metrics are relevant for insurers. The one issue: he had used the term …
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Amazon announced on Friday that it will acquire upscale food market chain Whole Foods for $13.7 billion, giving the online retail giant a stronger foothold into the grocery business. The move is a strategic one for both companies: It comes amidst financial struggles at the organic food market while also boosting Amazon’s brick-and-mortar presence. Here’s a closer look at why the pur…
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Lawmakers in Australia passed new legislation on Thursday to hold social media companies accountable for the spread of hate content on their platforms. With its implementation, companies such as Facebook and YouTube could be subject to huge fines, and their executives threatened with jail time, if they do not ensure the “expeditious” removal of inappropriate material.
The Shar…
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On Tuesday, Australia pulled out from hosting the 2026 Commonwealth Games after the projected costs ballooned from $1.8 billion to more than $4 billion, becoming “well and truly too much” for host state Victoria to bear, Premier Daniel Andrews said in a press conference.
“I will not take money out of hospitals and schools in order to fund an event that is three times th…
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And now, a day off.
There are no games on Monday at the Basketball World Cup, with some teams set to travel to Manila, Philippines, after spending the last couple of weeks in Jakarta, Indonesia, and Okinawa, Japan. The eight teams still alive in the tournament will play three more games each.
But the only way to win the World Cup now is to go 3-0 in the coming days.SCHEDULE Read more
watch nowVIDEO3:1903:19The Javers Files: Apple Vision Pro in MoscowSquawk Box
WASHINGTON — Just one week after Russia launched its full-scale assault on Ukraine in 2022, Apple announced it was stopping exports of its products into the country. "We are deeply concerned about the Russian invasion of Ukraine and stand with all of the people who are suffering as a result of the violence,&quo…
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A Starbucks logo is seen as members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle, Washington, D.C., on Nov. 16, 2023.Kevin Dietsch | Getty Images
Starbucks workers at unionized cafes will receive the pay hikes that their nonunion coworkers first …
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Terran Orbital's banner above the New York Stock Exchange on March 28, 2022.Terran Orbital
Lockheed Martin submitted a bid to acquire spacecraft manufacturer Terran Orbital, the defense giant revealed in a securities filing on Fri…
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Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, U.S., March 7, 2024.Mike Blake | Reuters
Shares of Rivian Automotive surged 13% on Thursday as the EV maker unveiled three new vehicles and announced m…
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Shoppers exit the Nordstrom at the Westfield Topanga mall in Los Angeles on Aug. 14, 2023.Christina House | Los Angeles Times | Getty Images
Nordstrom's holiday-quarter sales topped Wall Street's expectations on Tuesday, but the retailer ga…
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