Amazon Defeats Proposed Class Action Over Remote Work Expenses
Amazon.com Inc. defeated an attempt by employees to sue as a group in an attempt to recoup internet expenses they incurred while working from home during the pandemic.
Bloomberg Business
One TikTok Bill Has the Most Support Right Now. Here’s Why
After months of wrangling over how to limit TikTok in the US, legislation that stops short of an outright ban of the Chinese-owned app seems to be gaining the most momentum — even as key questions remain.
Senator Dianne Feinstein Back Home After Hospital Stay for Shingles
Democratic Senator Dianne Feinstein of California said she is at home recuperating after a brief stay in a San Francisco hospital where she was treated for a case of shingles.
Morgan Stanley’s Wilson Sees 20% Downside for Tech Stocks
Morgan Stanley’s Michael Wilson says he still sees some 20% downside on some of the big technology and meme stocks, without specifying which ones.
Starbucks’ Schultz to Testify Before Senate Panel After Subpoena Threat
Starbucks Corp. Interim Chief Executive Howard Schultz agreed to testify March 29 before a key US Senate panel, averting a planned Wednesday committee vote to compel him to answer questions on alleged labor law violations.
Biden Under Mounting Senate Pressure to Name a Latino to Fed
Pressure on President Joe Biden is building among Senate Democrats to fill a vacancy at the Federal Reserve with a Latino, a move which would place the US central bank’s first Hispanic into a leadership role.
Coinbase Tells User Missing $96,000 After Security Breach Is His Problem, Suit Claims
Coinbase Global Inc. says it’s not responsible for losses stemming from a security breach, according to an account holder who sued in an attempt to recover $96,000 that he says was stolen from him.
Grayscale-SEC Fight Could Clear the Way for Anybody to Speculate on Bitcoin
Federal appeals court judges in Washington grilled the US Securities and Exchange Commission on its decision to reject a proposed Bitcoin exchange-traded fund when it had earlier approved a similar product based on Bitcoin futures.
Australia’s Albanese to Push Business, Defense Ties in First India Visit
Australian Prime Minister Anthony Albanese will be using his first visit to India this week to deepen business and defense ties with Asia’s third-largest economy in the face of rising strategic competition from China.
Trafigura Doing ‘Major’ Audit of Nickel Fraud Missteps, CEO Says
Trafigura Group is carrying out a “major internal audit” after being hit by an alleged nickel fraud, Chief Executive Officer Jeremy Weir said in his first public comments on the subject.
