Ukraine Latest: Zelenskiy Seeks Planes, Missiles to Follow Tanks
The US joined Germany in promising to supply Ukraine with battle tanks, providing Kyiv’s forces with a significant upgrade against their Russian invaders.
Bloomberg Business
Blackstone Gets Extra $500 Million From University of California
The University of California is investing $500 million more into Blackstone Inc.’s massive real estate fund for wealthy investors, adding to a $4 billion commitment earlier this month.
George Santos Says He’ll Answer All the Questions — But He Won’t Say When
Scandal-plagued New York Republican George Santos said Wednesday he’d hold a news conference to answer “all the questions” about his fabricated resume and the money that fueled his successful election to the US House in November.
Lam Research to Cut 7% of Workforce After Weak Forecast
(Bloomberg) — Lam Research Corp., one of the three biggest providers of chip-manufacturing equipment in the US, is cutting about 7% of its workforce to reduce expenses in a declining market.
Trump’s Facebook, Instagram Accounts Reinstated After Two-Year Ban
Meta Platforms Inc. will reinstate former US President Donald Trump’s Facebook and Instagram accounts following a two-year suspension for violating the social networks’ rules.
The Porsche Vision 357 Concept Car Is Giving Us Nissan Vibes
It’s a striking, if slightly odd way to celebrate 75 years since the 356 Roadster debuted as the first Porsche.
Fox News Sued by Ex-Booker Over Negligence in ‘Decades-Long’ Abuse Campaign
Fox News and former top executive Bill Shine were sued by a onetime booker for the network who says she was subjected to decades of abuse by ex-chairman Roger Ailes and blackmailed to secure her silence.
The World’s Biggest Luxury Spenders Are Label-Loving Koreans
When Kelly Yoon, a 38-year-old mother from the middle-class enclave of Songdo on the outskirts of Seoul, attended a school event for her nine-year-old daughter, she was stunned by the designer goods dripping from the other moms.
MUFG Markets Chief Says BOJ May Ditch Easy Policy by September
Clients of Japan’s biggest bank are bracing for the central bank to finally abandon its ultra-easy monetary policy, which could happen by the end of September, according to the head of Mitsubishi UFJ Financial Group Inc.’s global markets business.
IBM to Cut About 3,900 Workers, Still Hiring in ‘Higher Growth’ Areas
International Business Machines Corp. delivered an upbeat annual sales forecast while announcing it would eliminate about 1.5% of its global workforce, following similar job cuts the past few months by many of its technology peers.
