Unease over the slow progress of US debt talks further dampened sentiment in Asian markets Wednesday, though Japanese stocks got a boost from forecast-beating economic growth data.. All eyes are on Washington, where lawmakers remain deadlocked in negotiations to lift the country's borrowing limit to pay its debts and avert a market-rattling default.
With his tattooed arms, drop-fade haircut and baby-face looks, Murilo Duarte doesn't look like a typical financial adviser as he dishes out investment tips on social media from the Sao Paulo favela where he grew up.. Next step, he says: invest in the Sao Paulo stock exchange.
Japan's economy grew faster than expected in the first quarter, official data showed Wednesday, helped by a recovery in inbound tourism after pandemic border restrictions were lifted.. Despite "headwinds from a slower global economy", the "high potential" of inbound tourism from China and expected rises in wages suggest growth will be "sustained", Adachi wrote.
Elon Musk on Tuesday said a new Twitter chief executive will let him devote more time to Tesla, but that he will continue to tweet his unfiltered thoughts even if it hurts his businesses.. "I don't care," the billionaire said during a CNBC interview when asked what he thought of his controversial tweets potentially hurting Tesla shares or making it harder to sell ads on Twitter.
Japan's economy grew faster than expected in the first quarter, official data showed Wednesday, helped by a recovery in inbound tourism after pandemic border restrictions were lifted.. Despite the "headwinds from a slower global economy", the "high potential" of inbound tourism from China and expected rises in wages suggest growth will be "sustained", Adachi wrote. tmo-kaf/cwl
US regulators filed a lawsuit Tuesday to block biopharmaceutical firm Amgen's proposed $28 billion takeover of drug maker Horizon Therapeutics, saying the transaction would harm consumers.. In a suit filed in federal court, the Federal Trade Commission (FTC) said the deal would enable Amgen to entrench the monopoly positions of Horizon medications to treat thyroid eye disease and chronic refractory gout.
The sister of a Saudi national imprisoned after tweets criticizing the government on Tuesday sued both Twitter and the kingdom, alleging they worked together to support "repression.". The lawsuit sued Twitter and Saudi Arabia on allegations of racketeering, a US crime initially used to target the mafia that involves coordinating illegal activity for profit.
An influential Silicon Valley presence for more than a decade, OpenAI CEO Sam Altman is emerging as the tech titan of the AI age, riding the wave of ChatGPT, the bot his company unleashed on the world.. In 2015, Altman joined Tesla chief Elon Musk and others in starting OpenAI, a research company with a stated goal of building generative AI that benefits humanity.
The United States announced charges on Tuesday against several Chinese and Russian nationals accused of stealing trade secrets and violating sanctions by seeking to export sensitive technology.. Wang, who fled the United States for China just hours after a search of his home in 2018, was accused of stealing self-driving car technology and other trade secrets from Apple.
Executives from two failed US banks faced tough questioning Tuesday as senators railed against the lenders' risk management practices and lofty executive pay.. But the failure of both SVB and Signature Bank -- which also had former executives on the witness stand -- has been blamed in government reports on poor management, given the speedy growth of both lenders.
