Bloomberg Business

Blinken Visits Ethiopia Amids Broader US Push Into Africa

Secretary of State Antony Blinken became the latest senior US official to visit Africa as part of a broader push by Washington to re-engage with the continent’s leaders at a time when the region is facing stark security challenges and economic fallout from the war in Ukraine.

French Protesters Hit Streets as Pension Bill Nears Showdown

French unions held strikes and marches against President Emmanuel Macron’s plan to raise the retirement age, seeking to put pressure on lawmakers as the proposed reform of the pension system was readied for a final vote on Thursday.

Anchorage Digital Cuts 20% of Staff While Citing Crypto Regulatory Uncertainty

The crypto bank Anchorage Digital is the latest industry participant to slash staff as the sector continues to grapple with a major market downturn for digital assets. The financial services startup said Tuesday that it is laying off about 20% of its staff, or 75 people, and cited the uncertain crypto regulatory landscape in the US as a factor in its decision.

Tesla Accused in Consumer Suits of Monopolizing Parts, Repairs

Tesla Inc. was sued by customers who claim they’ve been forced to pay exorbitant prices and endure long waits for car repairs due to the electric-car maker’s monopolization of replacement parts and maintenance services.

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