- Iger’s contract at Disney has been extended for two more years, till 2026.
- Philip Jefferson, Lisa Cook, and Adriana Kugler, three of Vice President Biden’s finalists for the Federal Reserve Board, have all been recommended for confirmation by the Senate Banking Committee.
- Second Frank executive to face fraud charges after JPMorgan. At the educational funding site where Olivier Amar worked, he was chief growth officer.
- Russian Billionaire’s Daughter Challenges Eric Schmidt’s Attempt to Buy Her Father’s Superyacht
- The Green Transition is something France wants to pay for using private savings.
- As media consolidation continues, the San Diego Union-Tribune has been sold. The San Diego Union-Tribune is being sold by billionaire biotech executive turned media mogul Patrick Soon-Shiong to MediaNews Group, a local newspaper company owned by a hedge fund.
- OpenAI’s $4. 1 billion competitor unveils its new chatbot. Anthropic, a company supported by Google that was created two years ago by former OpenAI research officials, has released a new artificial intelligence (AI) chatbot called Claude.
- McD’s has discontinued some of its McCafé Bakery offerings, and customers are outraged.
- North Carolina retains its title as America’s Best State for Business in 2023 because to its exceptional workforce and thriving economy.
- They ‘did cancel culture on us,’ Mike Lindell says as he liquidates MyPillow assets.
- In a newsroom reorganization, the New York Times eliminated the sports section. In order to devote more resources to its membership sports site, The Atheltic, the firm has decided to eliminate its stand-alone sports desk.
- Foxconn has withdrawn from a $19.5 billion chip cooperation in India. Challenges have arisen as businesses around the world attempt to diversify their supply networks away from China.
- Microsoft’s (MSFT) bid to acquire Activision Blizzard has been approved by a US court.
- GRPN, DKNG, RIVN, WMT, TSLA, HOOD, AMZN and AAPL were among the several stocks trending this week.
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