(Bloomberg) — Italy’s cabinet approved a new energy relief package worth €4.9 billion ($5.3 billion) that extends support to low income families but ends fiscal relief for most other households.
In his first public comments since blowing the whistle on a 20 billion real ($3.8 billion) accounting hole on Jan. 11 that led to the collapse of one of Brazil’s most well-known retailing chains, Sergio Rial told senators that he was kept in the dark before taking over and then immediately realized the firm was insolvent.
Microsoft Corp. is close to a settlement with a trio of cloud providers to suspend their antitrust complaints to the European Commission, people familiar with the matter said.
Replit’s software development tool will use Google artificial intelligence language models to better write code
US Deputy Attorney General Lisa Monaco backed European efforts to freeze Russian Central Bank assets, as allied nations look to force Russia to pay to repair the damage caused by its invasion of Ukraine.
In 2009, Twitter Inc. introduced a blue check mark next to some users’ names to signal that they were “verified” by the company as legitimate accounts. At least initially, it was a bid to clamp down on handles run by impersonators. Since then, the check mark has become a status signal, amplifying the voices of those who have it and leading some to question the decisions to grant one.
A group led by Apollo Global Management co-founder Josh Harris has placed a bid for the NFL’s Washington Commanders, according to a person familiar with the matter, kicking off a race for what could be a record sports deal.
Half of 40 major meat and dairy companies may see operating losses by 2030, a new estimate suggests.
Sam Bankman-Fried, accused of a massive fraud at the failed FTX cryptocurrency exchange he founded, will be restricted to using a custom-configured laptop with limited internet access and have a security guard posted at his front door to scan visitors for electronic devices, a federal judge ruled.
Top US financial officials on Tuesday outlined what’s likely to be the biggest regulatory overhaul of the banking sector in years, in an initiative aimed at addressing underlying issues that contributed to the collapse of Silicon Valley Bank and other US regional lenders.
