Goldman Planning Another Round of Job Cuts Amid Chill in Banking
Goldman Sachs Group Inc. is considering another round of job cuts amid a muted dealmaking environment that has dented revenues across Wall Street.
Bloomberg Business
Adidas Can’t Freeze Ye’s $75 Million Yeezy Marketing Payment
Adidas AG lost a court bid to freeze $75 million it paid to Ye, the rapper and designer formerly known as Kanye West, to market Yeezy shoes.
Fed’s Barkin Says He’s Seeking Evidence Demand Is Coming Down
(Bloomberg) — Federal Reserve Bank of Richmond President Thomas Barkin said he is looking for signs that demand is cooling to be convinced that US inflation will ease.
Fleetcor to Explore Prepaid Card Sale Amid Review
Fleetcor Technologies Inc., which offers fuel cards to vehicle fleets, is exploring a sale of its prepaid card business, according to people with knowledge of the matter.
Regulators Want Fashion Brands to Pay for Their Textile Waste
Programs under consideration in parts of the US and EU would require fashion companies to pay fees based on the volume of garments they produce.
Putin Orders Tighter Defenses After Drone Strikes on Moscow
President Vladimir Putin demanded that Russia strengthen air defenses around Moscow after the biggest drone attack on the capital since he ordered the invasion of Ukraine, as his Foreign Ministry threatened “the harshest” retaliation against Kyiv.
AI Leaders Warn of ‘Risk of Extinction’ From the Technology
Chief executive officers of some of the leading companies in artificial intelligence, including Alphabet Inc.’s DeepMind, OpenAI and Anthropic, joined a growing chorus of leaders warning about the existential harms of the fast-developing technology.
Sunak Battles to Keep Secrets of Britain’s Covid Crisis Private
Rishi Sunak risks being dragged back into the emotionally fraught row over the UK’s response to Covid-19, as his government tries to prevent the release of ministers’ WhatsApp messages to a public inquiry.
UK’s Soaring Home Rental Costs Boosted 7% by Migration
Record net migration into the UK drove property rental costs up by as much as 7% and could be behind the manic market facing tenants in London, according to economists at Capital Economics.
Microsoft Gets Date Boost in Appeal of $69 Billion Deal Ban
Microsoft Corp.’s fight against Britain’s veto of its $69 billion Activision Blizzard Inc. takeover got a boost when a judge said the court case can start weeks before the UK antitrust regulator’s preferred kick-off date.
